The senior housing real estate sector is experiencing historically high investment rates, high valuations and low cap rates, according to a recent report released by Brown Gibbons Lang & Company, a middle market investment bank based in Cleveland. The report, Healthcare Real Estate: Volume & Valuations Influenced by “Perfect Storm” Conditions, found that occupancy rates were steady in […]
Griffin-American Healthcare REIT III
Ziegler Arranges Sale of Six-Property Portfolio to Griffin-American Healthcare REIT III Chicago-based specialty investment bank Ziegler recently announced the closing of the sale of the Brentwood Portfolio on behalf of SLCM, LLC., a developer and provider of senior housing in Indiana and Michigan. The portfolio, which was purchased by Griffin-American Healthcare REIT III under a […]
Blueprint Healthcare Real Estate Advisors Arranges Sale of Six Neb. SNFs Chicago-based Blueprint Healthcare Real Estate Advisors recently announced it has arranged the sale of six skilled nursing facilities (SNFs) located in Nebraska for $15 million. While the details regarding buyer and seller were not disclosed, Blueprint indicated that the buyer was a partnership between […]
Vintage Senior Living Acquires Culver City, California Community Vintage Senior Living — a family of communities offering independent, assisted living and memory care options across Southern California, Northern California and Washington state — has acquired Grandview Palms, a senior living community in Culver City, Calif. The community has transitioned operations and ownership to Vintage Senior […]
SQLC Announces Completion of Land Acquisition Senior Quality Lifestyles Corporation (SQLC), a Dallas-based nonprofit developer of senior living communities, has announced the completion of the land purchase for expansion of The Buckingham, a 501(c)(3) nonprofit life care community located in the Memorial neighborhood of Houston. The land acquisition consists of six acres adjacent to the […]
Aviv REIT Announces $94 Million Acquisition Aviv REIT, Inc. (NYSE:AVIV) announced it has acquired two assisted living facilities and one skilled nursing facility for $82 million, in addition to two parcels of land for $12.2 million. With the parcels of land, Aviv has gained the entitlements for construction of two new assisted living facilities and […]
LCB Senior Living Acquires Mass. Assisted Living Community for $9.9 Million LCB Senior Living, LLC acquired The Cedars Assisted Living community of Dartmouth, Mass., for $9.9 million on June 9. The community will be renamed The Residence at Cedar Dell, effective immediately. The Residence at Cedar Dell, a 63,000-square-foot community, will include 78 independent, assisted […]
Subscribe
Receive industry updates and breaking news from SHN