Senior Care Merger and Acquisition Market: Profiting from the New Buyer’s Market

Recorded March 5, 2009

The seniors' housing and care M&A market was not as quiet in 2008 as most people believe, although there was an absence of large transactions as a result of the limited availability of capital. For an exclusive tally of senior care merger and acquisition activity in 2008, and expert analysis of what has changed and what to expect this year, order a CD or Transcript today of this new SeniorCare Investor audio conference.

This educational offering has been approved for 1 clock hour by the National Association of Boards of Examiners of Long Term Care Administrators (NAB).

ORDER A CD OR TRANSCRIPT TODAY!

You won’t want to miss this new audio conference, “Senior Care Merger and Acquisition Market: Profiting from the New Buyer’s Market.” Listen in for an exclusive first look at vital information from The Senior Care Acquisition Report, which senior care industry leaders refer to every year for transaction details and trend data. You'll have the inside scoop on what happened last year—before the Report is even published—and hear insightful commentary from our panel of experts, regarding the new buyer's market in 2009.

Here’s just some of what you’ll learn during this in-depth, 90-minute audio conference:
 

● Where were cap rates in 2008 and where are they going in 2009?
● Who are the buyers today?
● Where can you find acquisition financing, and what does it cost?
● What has happened to the average price per bed and unit, and what does it mean for investors?
● When will the large transactions come back to the market?
● Will potential bankruptcies flood the market with properties for sale?
● Plus, a chance to ask the experts your burning questions on seniors housing and care.

 

Chuck Herman is an Executive Vice President and the Chief Investment Officer of Health Care REIT, one of the largest health care REITs in the country, and he has held these positions since 2006.  In addition, Mr. Herman served as Vice President and Chief Investment Officer of the Company from May 2004 to March 2006 and served as Vice President of Operations from August 2000 to May 2004. From 1998 to August 2000, Mr. Herman was a founding member and President of Herman/Turner Group, LLC, a health care consulting company. Prior to that date, Mr. Herman was a founder and Chief Operating Officer of Capital Valuation Group, a health care consulting firm founded in 1991.

George Hager is the Chairman and Chief Executive Officer of Genesis HealthCare, one of the largest skilled nursing operators in the country. Prior to becoming CEO, he was Executive Vice President and Chief Financial Officer and was responsible for corporate finance, information services, reimbursement and risk management. He joined Genesis in 1992 as Vice President and Chief Financial Officer and was named Senior Vice President and Chief Financial Officer in 1994. He has over 25 years of experience in the health care industry.

...and much more!

Featured Speakers:

John Cobb is President & CEO of Senior Lifestyle Corporation. John Cobb manages operations and strategic direction for Senior Lifestyle Corporation (SLC) and its portfolio of more than 70 properties. Working with SLC’s senior management team, Cobb leads the company’s growth through acquisitions and new development. Before joining SLC in 2008, Cobb spent 10 years at GE Healthcare Financial Services, most recently as senior managing director of the Real Estate Finance division.

Jon E. Santemma is Managing Director in the UBS Global Healthcare Investment Banking Group. Jon E. Santemma has responsibility for health care services and has played a lead role in almost every senior housing transaction for UBS in recent years. Santemma is focused on the alternate site spectrum, including long-term care, assisted living, long-term acute care, hospice, rehabilitation and related areas, as well as health care REITs. Prior to joining UBS in 1999, Santemma was a senior health care services banker with Citigroup, having joined Salomon Smith Barney in 1995.