Over the past couple of years, we have seen capitalization rates (defined as Net Operating Income divided by Purchase Price) drop steadily to historically low levels, for seniors housing which...
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Long term financial modeling is essential in evaluating any income producing asset. Using the Cap Rate method, one is only looking at the current (or trailing) net operating income, which...
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Pat Byrne and Matt Alley recently sold a 145 bed Skilled Nursing Facility in Texas. The 54,600 square foot building on 5.49 acres of land was built in 1969. The...
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It is clear that the demand for seniors housing is expected to increase in the coming years. According to the latest National Association of Home Builders' (NAHB) 55+ Housing Market...
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Brad Clousing recently sold a 40 unit, purpose built, personal care community just south of Atlanta in a growing submarket. At the time of sale, the community was in receivership...
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Brad Clousing sold a 58 unit Assisted Living Community in Tampa, Florida. The building was constructed in 1984 and 1986 and is approximately 26,840 square feet.. It features 40 units...
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Matt Alley has sold another Skilled Nursing Facility in Texas. The property consists of 199 licensed beds/165 usable beds. The facility was built in 1963 with an addition in 1973...
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Ryan Saul and Toby Siefert recently sold a 97 Bed Skilled Nursing Facility in Pennsylvania. The Seller was a regional not-for-profit that had engaged Genesis Healthcare to manage the community....
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Ryan Saul sold an 128 Bed Skilled Nursing Facility in Fort Wayne, Indiana. The facility has a stellar reputation for quality care which was reflected in the purchase price of...
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Ryan Saul has sold a 292 Bed Skilled Nursing Facility in Norridge/Chicago, Illinois. The 99,979 square foot building on 1.36 acres, sold for over $135,274/bed, a record for Illinois. The...
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