With prices at record highs and cap rates at record lows in the seniors housing market, it has been said that almost everything could be available for sale in an environment not really seen before, and one that we may not ever see again (although this bull market...
Nationwide Health Properties Is The Surprise Winner After months of speculation, with many rumors about some very high preliminary pricing levels, a deal was finally struck for the Hearthstone Assisted Living portfolio. Most of the major players looked at the...
Possible $2 Billion Breakup and Sale of Extendicare May Help Jumpstart Skilled Nursing M&A Market in 2006 Two paragraphs into its otherwise routine fourth-quarter and year-end earnings report, Extendicare (NYSE: EXE) revealed that it had engaged Lehman Brothers...
The year 2005 will go down in senior care market history if not as the most memorable, then certainly as the most bountiful. Across the board, many records were set in the 2005 seniors housing acquisition market, which includes both assisted and independent living...
Two Large Acquisitions With its stock price hitting a new high in January, and up 13% so far this year, Brookdale Senior Living (NYSE: BKD) is on an acquisition spree that can only be described as aggressive. With the company’s successful IPO last November and 57%...
Steve Monroe, Editor of The SeniorCare Investor Interviews Bill Sheriff, CEO of American Retirement Corporation Steve Monroe: You just completed a 3.45 million-share public offering priced at $26.60 per share, but a little over three years ago your stock was trading...