The Dealmakers Forum E-Newsletter - February 13, 2013 - A Rating for Seniors Housing Communities, Have Public Markets Become Obsolete, Industry Appointees to Long-Term Care Commission

 

Bringing You Senior Care M&A Deals and News
 

February 13, 2013 Issue:

  1. Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
  2. Recent Senior Care M&A Deals 
  3. Have Public Markets Become Obsolete? -
    With Cheaper Capital Elsewhere, Providers Shun IPOs
  4. Stock Watch
  5. Deal of the Week
  6. Industry Appointees to Long-Term Care Commission
  7. Webcast Calendar 

Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
A Rating for Seniors Housing Communities. What’s in a rating? For the U.S. government, it means everything. And for Standard & Poor’s, the only rating agency to downgrade the federal debt in the summer of 2011, it has meant headaches and now, major litigation from the feds... Read More

 

NEW - The Senior Care Acquisition Report, 18th Edition - Preorder Today!
Deals have been made. The 2013 Senior Care Acquisition Report contains private deals in this market that are frequently too small to make it into the financial press. Take advantage of our limited 2-for-1 offer - Preorder The 2013 Senior Care Acquisition Report  by March 31st and receive The 2012 Senior Care Acquisition Report  FREE ($595 value)! Now that’s a recession resistant deal. Go to http://www.levinassociates.com/scardescription or call 800-248-1668 to preorder today!

 

Recent Senior Care M&A Deals

HOME HEALTH CARE

Acquirer

Target

Price

 LHC Group Inc.

 Addus HomeCare Corp.

 $20 million

LONG-TERM CARE

Acquirer

Target

Price

 Regional Owner/Operator

 The Victorian Manors Portfolio

 $22.5 million

 Stellar Senior Living, LLC

 Overlake Terrace Retirement Community

 $22.4 million

 

Upcoming Interactive M&A Webcast:
Senior Care Merger and Acquisition Review and Outlook for 2013
Thursday, February 28, 2013, 1:00 pm ET            
In 2012, values remained relatively high across the seniors housing and care spectrum: skilled nursing facilities, assisted and independent living communities, and memory care facilities. How long will this bull market last, and what could bring an end to it? Find out from our expert panel: Stephen M. Monroe (Moderator), Managing Editor and Partner, Irving Levin Associates, Inc.; Larry Cohen, CEO of Capital Senior Living; Mike Pardoll, Senior Vice President/Investments, Marcus & Millichap; and Laca Wong-Hammond, Head of Healthcare Real Estate, Healthcare Investment Banking, Raymond James Morgan Keegan.
Go to http://www.levinassociates.com/conferences/1302b-online-conference or call 800-248-1668 to register.

 

Have Public Markets Become Obsolete? -
With Cheaper Capital Elsewhere, Providers Shun IPOs

After the performance of the public markets for seniors housing last year, and the first month of 2013, you will be forgiven for thinking we have lost our minds with the statement that seniors housing and care companies as publicly traded entities may be going the way of dinosaurs.... Read More

 

Stock Watch

Brookdale was the first seniors housing company to report fourth quarter earnings, and investors liked what they saw, sending the shares up by $1.40 per share, or 5.6%, after the earnings call.... Read More

 

Deal of the Week

Focus Healthcare Partners, and its joint venture partner Artemis Real Estate Partners, has teamed up with Chelsea Senior Living to pay $7.1 million for an 117-unit assisted living and memory care community in New Jersey... Read More

 

Industry Appointees to Long-Term Care Commission

House Speaker John Boehner has appointed Stephen Guillard to the newly created Commission to address challenges facing the long-term care sector, including issues with Medicare and Medicaid as the population ages.... Read More

 

Webcast Calendar... Click here to see more