After describing a market environment last month that included four assisted/independent living portfolios worth more than $1.0 billion and nine skilled nursing portfolios worth nearly $1.0 billion available for sale, it would have been logical to think that the...
Going, Going, Gone… Sold To The Lucky Bidder? The Federal Reserve is apparently getting concerned about “the real estate bubble,” although Mr. Greenspan has not yet brought out from the dust-bin of financial history his infamous phrase,...
Rarely is there a month when the stocks of all sectors perform in perfect unanimity, so April was certainly unusual. Every health care REIT stock rose, with increases ranging from 1% to 16%, every skilled nursing stock dropped, ranging from 5% to 27%, while all...
While some may argue that size matters, others claim it is occupancy. No one will dispute the benefits of size, especially if it is filling in a region that needs some attention, but limping along with no idea how best to deploy your assets, financial or otherwise,...
We knew that when we released the results for the 2003 acquisition market a year ago, the 17% plunge in the average price per bed for skilled nursing facilities did not completely reflect where “values” were heading. What it did reflect was the relatively...
While everyone was focusing on the heated acquisition market for assisted and independent living communities, the skilled nursing sector was taking a back seat. Yes, there was the billion-dollar deal for Mariner Health Care last year, which provided a lot of...