Thursday, February 18, 2010

Time to Sell?

Is now a good time to sell? We are experiencing a lack of properties available across the country. Many buyers of assisted living and skilled nursing have been sitting on the sidelines waiting for the right opportunity to get back in the M&A market.

Local and regional lenders are active in the market and are currently looking to place loans. If you have ever thought about selling, I believe now is an ideal time. Capital gains and interest rates are going to increase. Take advantage of limited supply available with high demand in the market to maximize your pricing. I am available for a confidential proposal to help you determine the current market value for your facility.

Contact me via Email by clicking here (Ryan Saul).

Sincerely,

Ryan Saul
Managing Director
Senior Living Investment Brokerage, Inc.

Tuesday, February 9, 2010

Brad Clousing and Jeff Binder Close Washington, D.C. Sale

This Skilled Nursing Facility was a strategic disposition that simply did not fit into the long term investment strategy of the Seller. The Buyer is a regional operator and assumed the existing HUD insured financing. The facility had struggled with survey issues in the past and the rate environment in Washington, D.C. can be somewhat unpredictable.

The 296 bed facility was built in 1982 and is 136,142 square feet. It sold for a 14.1% capitalization rate/.50x GIM. This was the first D.C. Skilled Nursing Facility to sell in 10 years.

If you would like additional information, please contact Brad or Jeff.