Selling a nursing home or assisted living facility can be an overwhelming and stressful thought for many owners. Concerns about confidentiality and questions regarding value and process sometimes drives owners to avoid the entire topic for as long as they can. Most owners are focused on running their business and are not actively plugged in to the market on a …
In the Pipeline: Senior Housing Construction Projects (4/28/16) – Senior Housing News
(Rendering of Solana Mount Pleasant, an independent, assisted living and memory care community being developed by Formation Development Group in Mount Pleasant, S.C.) Construction: Planned Formation Development Group Obtains Zoning for S.C. Project Formation Development Group, an Atlanta-based senior living developer and investor, has obtained zoning Read More » Source: In the Pipeline: Senior Housing Construction Projects (4/28/16) – Senior Housing …
Senior Housing News Update – Property Sales Volume 2016 Q1
Q1 – 2016 – Is the senior housing market starting to cool off? According to NIC MAP data, there were 114 closed transactions totaling $1.5 billion in sales for the first quarter of 2016. 89 were single property transactions while the remaining 25 being portfolio transactions. Closed transactions fell 21% from the previous quarter and declined 29% on a year …