Senior Housing Investments & Transactions: Senior Living Investment Brokerage, PharMerica

Senior Living Investment Brokerage Sells $850,000 Skilled Nursing Facility in Texas Senior Living Investment Brokerage, Inc. Managing Director Matthew Alley sold a 62-bed skilled nursing facility in Poteet, Texas, for $850,000. The facility was bought by a non-profit entity looking to expand its seniors housing presence. “This nursing home, while struggling with census, was a geographic fit […]

BayBridge Acquires Amica for $578 Million in Latest Canadian Mega-Deal

Following months of sagging stock prices and riding the wave of consolidation in the senior housing industry, Vancouver-based Amica Mature Lifestyles Inc. has agreed to a a buyout by BayBridge Seniors Housing. The transaction totals more than $500 million Canadian dollars, and moves Amica from the public to the private sector.  Under the agreement announced Wednesday, Amica […]

In the Pipeline: Senior Housing Construction Projects (9/4/13)

Construction: Planned  Former Pabst Brewery to Become Senior Housing Apartments New York-based Whitestone Realty Capital LLC plans to create a 124-unit senior apartment complex at a former Pabst brewery in Milwaukee, BizTimes.com reports.  The five-story community, to be called Towne Club at The Brewery, will feature 31 units for independent seniors, 66 assisted living units and 27 […]

Senior Housing Acquisition and Investment Round-Up (9/16/2012)

The international senior living scene is heating up, and developers and investors in other countries are making moves to prepare for the impending wave of baby boomers. Here are a few stories from around the globe, ranging from nearby Canada to India to New Zealand, along with a couple smaller, local deals by American senior […]