Bringing You Senior Care M&A Deals and News
October 10, 2012 Issue:
Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
Recent Senior Care M&A Deals
Expert Opinion: A Conversation with Jim Seymour
Webcast Calendar
Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
One-Year Returns That Can’t Be Beat. It has now been a year since the greatest value disconnect that ever hit the seniors housing and care sector, as well as the health care REITs. For those of you who did not listen to our advice early last October, when we said investors should go long the entire sector, well, listen and weep. In the private pay seniors housing side, one-year returns have ranged from 50% to 206%, with an average over 100% (ok, I’m leaving out Assisted Living Concepts)…..Read More
This Week’s Interactive Webcast:
Skilled Nursing Facilities: Buying, Selling and Valuing
Thursday, October 11, 2012, 1:00 pm ET
The skilled nursing market is dead, right? Medicare and Medicaid reimbursement uncertainties are keeping buyers out of the market and prices low, right? All wrong. It is time to think again about the skilled nursing sector and the acquisition market. Our panel of experts includes: Stephen M. Monroe (Moderator), Managing Editor and Partner, Irving Levin Associates, Inc.; Kent Eikanas, President and Chief Operating Officer, Cornerstone Real Estate Funds; JP LoMonaco, President, Valuation & Information Group; Mark Myers, Senior Vice President of Investments and Senior Director, Marcus & Millichap; and Avi Rothner, Vice President of Acquisitions, Hunter Management. Go to http://www.levinassociates.com/conferences/1210-online-conference or call 800-248-1668 to register.
Recent Senior Care M&A Deals
HOME HEALTH CARE
Acquirer
Target
Price
The Washington Post Company
Celtic Healthcare
N/A
LONG-TERM CARE
Acquirer
Target
Price
Local Owner
185-Unit Retirement Community$10.5 million
N/A
Concordia Lutheran Ministries
Sumner on Ridgewood
$23.0 million
Focus Healthcare Partners
80-Unit ALF in Illinois
$9.8 million
Regional Operator
60-Unit ALF in Michigan
$5.5 million
Ide Management Group
7 SNFs in Indiana
N/A
Regional Operator
72-bed NFP SNF in Kansas
$1.1 million
Sentio Healthcare Properties
4 Memory Care Facilities
$49.0 million
Sabra Health Care REIT
249-Unit Ret. Community in MI
$26.5 million
Sabra Health Care REIT
48-Unit Memory Care in CO
$16.0 million
National Health Investors
181-unit Ret. Community in CA
$12.0 million
Meridian
50-Unit ALF in NC
$9.3 million
Adcare Health Systems, Inc.
70 bed SNF in Arkansas
$6.3 million
Athena Healthcare Systems
Six SNFs in Massachusetts
N/A
AVAILABLE NOW – New Sector M&A Reports!
Our team of experts at The Health Care M&A Information Source has been working around the clock to bring you the inside scoop on the latest in the health care M&A market. Our newest M&A reports are loaded with crucial transaction information, current and historic, to help you make smart investment decisions in these health care sectors: Biotechnology; Home Health and Hospice; Hospital; Managed Care; Medical Device; Not-for-Profit Health Care; and Pharmaceutical. http://www.levinassociates.com/shoppingcartnew/113
Expert Opinion: A Conversation with Jim Seymour
In this “ Expert Opinion” interview, Jim Seymour, Senior Managing Director, Healthcare Real Estate, GE Capital Healthcare Financial Services, discusses skilled nursing portfolios, RUGS IV, GE, loans and more………Read More
Webcast Calendar…Click here to see more
