Bringing You Senior Care M&A Deals and News
September 12, 2012 Issue:
Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
Recent Senior Care M&A Deals
Skilled Nursing M&A Market Surges-
Despite Obvious Risks, There Is No Shortage Of Buyers
Webcast Calendar
Seniors Housing Weekly Update: 60 Seconds with Steve Monroe
Assisted Living And Mental Illness. Should assisted living communities get into the care of the elderly with mental illness?…Read More
Upcoming Interactive Webcast:
M&A Market: Holding Steady, But Ready To Surge?
Thursday, September 13, 2012, 1:00 pm ET
Despite a persistently weak housing market and looming reimbursement problems, the seniors housing and care acquisition market continues to thrive. One of the biggest problems, however, is that demand for properties is currently greater than the supply, at least for the higher quality properties and portfolios. Our panel of experts will analyze what the future holds: Steve Monroe (Moderator), Managing Editor and Partner, Irving Levin Associates, Inc.; John Dark, Managing Director, Prudential Real Estate Investors; J. Justin Hutchens, President and Chief Operating Officer, National Health Investors; Arnold Whitman, Co-Founder and Chairman, Formation Capital LLC. Go to http://www.levinassociates.com/conferences/1209-online-conference or call 800-248-1668 to register.
Recent Senior Care M&A Deals
HOME HEALTH CARE
Acquirer
Target
Price
Gentiva Health Services
Family Home Care Corporation
N/A
LONG-TERM CARE
Acquirer
Target
Price
CNL Healthcare Trust
3 Iowa Assisted living Facilities
$18.8 million
Aviv REIT
Idaho Skilled nursing Facility
$6.0 million
The Woodlands
Rittenhouse Senior Living of Middleton
N/A
Midwest Operator
Hidden Lake Care Center
$13.5 million
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Skilled Nursing M&A Market Surges-
Despite Obvious Risks, There Is No Shortage Of Buyers
We are not sure what is going on in the skilled nursing acquisition market, but the volume of transactions that closed in August was the highest of the year. With six of the sales at prices over $70,000 per bed, this is not a case of sellers running scared or buyers looking for bargains, however that may be defined in skilled nursing these days……..Read More
Conference Calendar…Click here to see more