The Dealmakers Forum E-Newsletter- October 10, 2012

 

Bringing You Senior Care M&A Deals and News
 

October 10, 2012 Issue:

  1. Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
  2. Recent Senior Care M&A Deals 
  3. Expert Opinion: A Conversation with Jim Seymour
  4. Webcast Calendar 

Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
One-Year Returns That Can't Be Beat. It has now been a year since the greatest value disconnect that ever hit the seniors housing and care sector, as well as the health care REITs. For those of you who did not listen to our advice early last October, when we said investors should go long the entire sector, well, listen and weep. In the private pay seniors housing side, one-year returns have ranged from 50% to 206%, with an average over 100% (ok, I’m leaving out Assisted Living Concepts).....Read More

 

This Week's 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 Real Estate Funds; JP LoMonaco, President, Valuation & Information Group; Mark Myers, Senior Vice President of Investments and Senior Director, Marcus & Millichap; and Avi Rothner, Vice President of Acquisitions, Hunter Management. Go to http://www.levinassociates.com/conferences/1210-online-conference or call 800-248-1668 to register.

 

Recent Senior Care M&A Deals

HOME HEALTH CARE

Acquirer

Target

Price

 The Washington Post Company

 Celtic Healthcare

 N/A

LONG-TERM CARE

Acquirer

Target

Price

 Local Owner

 185-Unit Retirement Community$10.5 million

 N/A

Concordia Lutheran Ministries

 Sumner on Ridgewood

 $23.0 million

Focus Healthcare Partners

 80-Unit ALF in Illinois

 $9.8 million

Regional Operator

 60-Unit ALF in Michigan

 $5.5 million

Ide Management Group

 7 SNFs in Indiana

 N/A

Regional Operator

72-bed NFP SNF in Kansas

$1.1 million

Sentio Healthcare Properties

4 Memory Care Facilities

$49.0 million

Sabra Health Care REIT

249-Unit Ret. Community in MI

$26.5 million

Sabra Health Care REIT

48-Unit Memory Care in CO

$16.0 million

National Health Investors

181-unit Ret. Community in CA

$12.0 million

Meridian

50-Unit ALF in NC

$9.3 million

Adcare Health Systems, Inc.

70 bed SNF in Arkansas

$6.3 million

Athena Healthcare Systems

Six SNFs in Massachusetts

N/A

 

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

 

Expert Opinion: A Conversation with Jim Seymour
In this “ Expert Opinion” interview, Jim Seymour, Senior Managing Director, Healthcare Real Estate, GE Capital Healthcare Financial Services, discusses skilled nursing portfolios, RUGS IV, GE, loans and more.........Read More

 

Webcast Calendar...Click here to see more