The Dealmakers Forum E-Newsletter- October 3, 2012

 

Bringing You Senior Care M&A Deals and News
 

October 3, 2012 Issue:

  1. Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
  2. Recent Senior Care M&A Deals 
  3. Financing News
  4. Webcast Calendar 

Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
Seniors Housing & Care At A Crossroads. Is the seniors housing and care sector standing at a capital markets crossroads today? Although everyone would like to have higher occupancy rates and increased cash flow, when looking at the bigger picture of health care REITs and the publicly traded operating companies, it’s certainly looking like the good times are back. Values have skyrocketed and deal-making is flourishing........Read More
 

AVAILABLE NOW - New Sector M&A Reports!
Our team of experts at The Health Care M&A Information Source has been working around the clock to bring you the inside scoop on the latest in the health care M&A market. Our newest M&A reports are loaded with crucial transaction information, current and historic, to help you make smart investment decisions in these health care sectors: Biotechnology; Home Health and Hospice; Hospital; Managed Care; Medical Device; Not-for-Profit Health Care; and Pharmaceutical. http://www.levinassociates.com/shoppingcartnew/113

 

Recent Senior Care M&A Deals

LONG-TERM CARE

Acquirer

Target

Price

 The Ensign Group

 Two California SNFs

 N/A

 Stellar Senior Living

 Four Retirement Communities

 $36.5 million

 Local Owner

 79-bed ALF in California

 $4.6 million

 Aviv Reit

 154-bed SNF in Kentucky

 $9.9 million

 Chicago Operator

 360-bed SNF in Arizona

 $12.75 million

 

Upcoming Interactive Webcast:
Skilled Nursing Facilities: Buying, Selling and Valuing
Thursday, October 11, 2012, 1:00 pm ET            
The skilled nursing market is dead, right? Medicare and Medicaid reimbursement uncertainties are keeping buyers out of the market and prices low, right? All wrong. It is time to think again about the skilled nursing sector and the acquisition market. Our panel of experts includes: Stephen M. Monroe (Moderator), Managing Editor and Partner, Irving Levin Associates, Inc.; Kent Eikanas, President and Chief Operating Officer, Cornerstone Core Properties REIT; JP LoMonaco, President, Valuation & Information Group; Mark Myers, Senior VP Investments and Senior Director, Marcus & Millichap; and Avi Rothner, President, Hunter Management. Go to http://www.levinassociates.com/conferences/1210-online-conference or call 800-248-1668 to register.

 

Financing News
In mid-August the government announced that Fannie Mae and Freddie Mac would be required to reduce their portfolios by 15% annually, up from 10% annually currently.  Seniors housing represents a small, but profitable, percentage of both agency’s loan portfolios, but it is unclear how this will impact their current loan production.  The market hopes there will be no changes. Berkadia Commercial Mortgage is not letting any of this news disrupt its business...........Read More

 

Webcast Calendar...Click here to see more