Tuesday, June 12, 2012

Summer is heating up

The M&A market for long-term care and seniors housing has been somewhat quiet over the last few months.  However, Senior Living Investment Brokerage has been busy with a number of proposals most recently.

What does that mean for you?  We predict there will be a wave of new inventory to hit the market in the next couple of months.  Summer vacations and travel may cause some delays, but we are confident that you will see a surge of deals closing in the fourth quarter.  If you have thought about selling, now would be a great time to go to market with limited supply of quality opportunities available.

Please contact Ryan Saul for a confidential proposal or to learn more about what we have available.

Tuesday, June 5, 2012

Patrick Byrne and Ryan Saul Sell Alzheimer's Care Facility

Ryan Saul and Patrick Byrne sold an underperforming, 46 Bed Skilled Nursing Facility (offering assisted living services) located in a suburb of Kansas City, Missouri.  Originally built by a local hospital to service the MI population in 1990, it was sold and renovated to an alzheimer care facility in 2002.  The facility operates at or near capacity but has recently shifted to a heavy Medicaid/Hospice census mix.  The Buyer is a regional operator with a growing presence in the Kansas City market.  The property includes acreage for expansion and  a vacant building that the new owner plans to renovate to use as a corporate office.  For additional information on this facility or to inquire how Senior Living Investment Brokerage, Inc. can assist you in the sale or purchase of your seniors housing property, please contact Patrick at byrne@slibinc.com or Ryan at ryansaul@slibinc.com