Owner/Operator/Developer Buys and Renames Bankrupt Community On May 30, ACTS Retirement-Life Communities closed on a $27.25 million acquisition in Huntsville, Alabama — its 19th CCRC, its third acquisition, and its first property in Alabama. “This was a...
Franciscan Sisters of Chicago Completing Sixth Project as Developer June 1, 2008 Suppose you were to build a brand-new $230 million CCRC and could retain millions of dollars in developer fees. That’s pretty much the scenario for the Franciscan Sisters of Chicago...
Is The Seniors Housing Industry Stronger Than It Appears? The troubled residential housing market is in the news every day, often many times every day. It’s all we talk about, but it hasn’t been what the providers have been talking about, at least, not until now. The...
Demand Will Return, But It Will Not Be The Same Day in and day out for the past several months (too many months for our liking), all we have heard is that the merger and acquisition market is quiet, too quiet. The real pessimists say it is dead, but our guess is that...
FOR IMMEDIATE RELEASE Stephen M. Monroe, Editor 800-248-1668 203-846-6800 Fax: 203-846-8300 pressreleases@levinassociates.com The SeniorCare Investor Wins Top Editorial Award For Best Publication of the Year Norwalk, CT – May 5, 2008 – The SeniorCare Investor won...
Wisconsin CCRC Purchase Is The First For PRS’s Atlantic Division Capitol Lakes (formerly Meriter Retirement Services, Inc.), a CCRC in the university town of Madison, Wisconsin, offers some interesting opportunities to new owner Pacific Retirement Services (PRS)....