Griffin-American Healthcare REIT IV Purchases 53-Unit Assisted Living Community in Missouri Real estate investment trust Griffin-American Healthcare REIT IV, Inc. recently acquired the 53-unit Pinnacle Warrenton Assisted Living Facility in Warrenton, Missouri, for $8.1 million. The seller was Warrenton Clearpath Property Investment, LLC, an unaffiliated third party represented by Senior Living Investment Brokerage’s Jeff Binder. […]
Institutional Property Advisors
Overbuilding concerns have plagued the senior housing industry as of late, with new competition recently challenging the likes of Brookdale Senior Living (NYSE: BKD) and Five Star Senior Living (Nasdaq: FVE). But come January, these woes may subside. Under the Trump Administration, the United States is likely to experience higher interest rates and rising inflation—which could directly […]
The dog days of summer may be upon us, but Senior Housing News readers are still avid for the latest updates on industry trends. Our most-read stories of the last week touched on some big-picture trends in memory care, luxury senior living, and medical office buildings. And we were glad to run one story in these […]
Lately, luxury seniors housing is all the rage—among developers, real estate investment trusts (REITs) and baby boomers alike, experts say. “It’s fair to say that luxury seniors housing is booming,” Mark Myers, an executive director at Institutional Property Advisors (IPA), tells Senior Housing News. IPA is a division of national brokerage firm Marcus & Millichap, which […]
The seniors housing and medical office building industries may have more in common than meets the eye. In fact, they may be more like close family than distant relatives, according to some experts. The sectors are undeniably growing closer, according to Gino Lollio, vice president investments at national brokerage firm Marcus & Millichap and senior director […]
Offloading senior housing properties is a vastly different experience for different types of sellers. For instance, Class A properties, with their desirable locations, magnificent upkeep and strong demographics, can be an easy sell. But what’s the Class B, C or D senior housing owner to do? With different buyers searching for different things—and with no industrywide […]
The countdown is on to the Senior Housing News Summit on July 14th in Chicago, Illinois and time is running out. In less than 10 days, some of the biggest names in the industry will convene in Chicago for this half-day event you will not want to miss. The event will feature a lineup of […]
It’s officially crunch time with the 2016 Senior Housing News Chicago Summit drawing near, and tickets are going fast. Only a limited number remain available for the July 14th event in Chicago, Illinois. The Chicago Summit promises to be a who’s-who of top companies in the sector, with attendees representing leading names in operations, finance, […]
Walker & Dunlop Closes Acquisition of $3.8 Billion Portfolio Walker & Dunlop, Inc. (NYSE: WD) completed the purchase of a $3.8 billion commercial mortgage servicing portfolio from a subsidiary of Oppenheimer Holdings Inc. (NYSE: OPY) for a final closing price of $44.6 million. The previously announced acquisition makes Walker & Dunlop, a major financing for […]
HFF Closes Sale of Seniors Housing Community in Florida Dallas-based Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of a seniors housing community in Melbourne, Florida, called Sonata at Melbourne. HFF marketed the community on behalf of the seller. Kayne Anderson Real Estate Advisors, a real estate private equity investor in off-campus student […]
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