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 …
Senior Housing Conference in KY
Senturian Senior Housing Brokerage will be attending the Kentucky Assisted Living Facilities Association (KALFA) annual conference and exhibition at the Crowne Plaza Louisville hotel May 25 & 26. Our owner / broker, Watson McCollister, will be available to answer questions pertaining to senior housing trends, exit planning strategies and general market inquiries. Please introduce yourself at the conference or contact us …
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 …