Patrick Byrne has sold a 65 unit assisted living community in Illinois located approximately 40 miles outside St. Louis. The facility opened in 2004 with much success. In 2008 the...
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In analyzing thousands of communities each year, we find a very wide range in operating margins. Newer, larger communities have higher operating margins than older, smaller facilities. Communities with high...
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Jeff Binder and Matt Alley recently sold a 36 unit/48 bed Texas Memory Care Facility approximately 65 miles northwest of San Antonio. Built in 1997, the property is approximately 25,000...
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As broker’s we get posed this question often. The biggest driver of a community’s value is its current net operating income and Cap Rates. Communities are typically valued be dividing...
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Matt Alley and Brad Clousing sold a 27 unit Assisted Living/15 unit Memory Care (SCALF) Community in Jacksonville, Alabama. The building is approximately 26,500 square feet on approximately 4.6 acres...
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On Monday, February 24th, I had the honor to present at the Washington Health Care Association’s Spring Conference. The topic was on Valuing and Analyzing Senior Living and Skilled Nursing...
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A cap rate is calculated by dividing the net operating income of a property by the purchase price. The cap rate would equal the rate of return on equity if...
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Pricing Premiums for Portfolios vs. Single Asset Sales As a company, we value many senior living and skilled nursing facilities both as portfolios and single asset sales. Often times we...
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Brad Clousing, Ryan Saul and Jeff Binder teamed together to sell a 93 unit Assisted Living/Memory Care community in north central Georgia. The community consisted of 74 assisted living units...
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Jeff Binder and Patrick Byrne facilitated the sale of a 37 unit Assisted Living Community in Central Illinois for over $140,000/unit. The facility was developed by a group of local...
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