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Senior Living Investment Brokerage announced that it is seeing strong interest in senior living sales during the first quarter of 2010. The company sold three facilities, one in Illinois and two in Florida, totaling over $14.3 million dollars. SLIB sold a 44 unit Assisted Living Facility located in Ormond Beach, Florida, for $2.2 million, or […]
Health Dimensions Group (HDG) recently acquired St. Paul-based Health Service Innovations (HSI) to expand HDG’s presence in the senior-living and post-acute healthcare market. The acquisition broadens its scope of services and now manages and operates 27 health care properties. For more than a decade, HSI has provided high-level management and consulting solutions to nursing homes, […]
Tax time is just around the corner…did your employer pay you too much or too little? In either case, sometimes its good to make a change. Got job announcements? Send them our way to announce them to the world. E-mail us at [email protected]
CLW Health Care Services Group recently celebrated its involvement in the sale of Capstone Village, an Entrance Fee Continuing Care Retirement Community located on the campus of The University of Alabama in Tuscaloosa, Alabama. The facility, built in 2004, is located on 24 acres adjacent to the University of Alabama. The sale for $9.5 million […]
Senior Living Investment Brokerage (SLIB) announces the sale of two assisted living facilities in Florida and Alabama. The Florida transaction was for $12.4 MM with 184 units that was constructed in 1999 and had an 89% occupancy level at the time of the sale. The seller, a national skilled nursing operator, decided that the sale […]
The Healthcare Real Estate Team of Sperry Van Ness recently announced the recent closing of the sale of a skilled nursing facility (“SNF”) licensed for 166 beds located in Nacogdoches, Texas for $7,850,000. The Seller, Cascade-Willowbrook Health Services, Ltd., is affiliated with a regional operator which manages four other facilities in Texas. The Buyer, Texas-LTC, […]
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Brookdale Senior Living is seeking to crown new chefs and provide new experiences through its Ultimate Chef America competitions and the 2010 Celebrations program, Amazing Places of America. The 2010 Celebrations program is a year long life enrichment and dining program opportunity designed exclusively for its residents and communities offers a variety of themed experiences, […]