by Justin Knapp | Mar 18, 2019 | Closings
Knapp Group of Marcus & Millichap recently orchestrated the sale of a 55 unit AL/MC community in rural northeast Ohio. The beautiful 35,500 sq. ft. campus was located on 10 acres and consisted of two buildings, constructed in 2000 and 2013. The community had...
by Justin Knapp | Nov 21, 2018 | Closings
The Knapp Group of Marcus & Millichap successfully brokered the sale of a 58-unit Personal Care Home community in Southwest PA. The 34,779 sq. ft. campus, built in 1965 and renovated in 1997, is located in a favorable suburb only 15 minutes from downtown...
by Justin Knapp | Oct 12, 2018 | News
Healthcare Policies, Focus of Patient Care Challenge Operators Operators leverage healthcare policy changes to drive profitability. Nursing care communities, also known as skilled nursing properties or facilities, account for the largest share of the seniors housing...
by Justin Knapp | Oct 5, 2018 | Closings
Knapp Group Seniors Housing Advisors of Marcus & Millichap successfully brokered the sale of an 88 bed skilled nursing facility in Metro Detroit. The 60,000+ sq. ft. building was constructed in 1998 and located on 4.5 acres. The community originally had a...
by Justin Knapp | Sep 18, 2018 | Closings
Knapp Group Seniors Housing Advisors of Marcus & Millichap successfully brokered the sale of a 56 unit AL/ IL community in Traverse City, MI. Sitting on 8 beautiful acres, the 42,000+ sf facility was constructed in 1989, with additions completed in 1997 and...
by Justin Knapp | Sep 14, 2018 | Closings
Knapp Group Seniors Housing Advisors of Marcus & Millichap successfully orchestrated the sale of a 145 bed skilled nursing facility in Burtonsville, MD. The 62,500 sq foot facility was constructed in 1997 and is located on over 13 beautiful acres. ...
by Justin Knapp | Aug 24, 2018 | News
Don’t be fooled by an inflated business valuation One of the quickest ways for a real estate agent to impress a prospective client is to propose a higher than expected selling value for their property. Although many times the inflated value can be justified,...
by Justin Knapp | Aug 10, 2018 | Closings
Knapp Group Seniors Housing Advisors of Marcus & Millichap facilitated the sale and new business partnership between National Health Investors (NHI) and Comfort Care Senior Living, a local owner/operator from central MI. The $17.1 transaction began with the...
by Justin Knapp | Jul 12, 2018 | News
View this month’s complete Knapp Group Newsbrief here
by Justin Knapp | Mar 20, 2018 | News
Changing Outlook on Homeownership Strengthens Demand for Seniors Housing; Crossover Capital Increases Pool of Buyers Seniors housing demand invigorates as homeownership becomes less advantageous under the new tax code. Changes to the tax law beginning in 2018 could...
