News
CLOSED: Encore at Buckingham
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Encore at Buckingham, a 242-unit apartment property for seniors aged 55-plus in Richardson, Texas. Justin Knapp and Nick Stahler of IPA Seniors Housing partnered...
‘A Busy, Busy Year’: NHI and CareTrust Execs Share REIT Outlook on Nursing Home Investment and Operations
Real estate investment trusts (REITs) like NHI and CareTrust are optimistic about skilled nursing investments in 2024, focusing on stabilized facilities and relationship-driven strategies. Both emphasize long-term partnerships and creative approaches while navigating...
Closed: MorningStar at Arcadia, a 105+ Unit Senior Living Facility
RECENTLY CLOSED! Nick Stahler and Hap Knowles of Institutional Property Advisors, a Marcus & Millichap company, are pleased to announce the sale of MorningStar at Arcadia. Located in the Phoenix MSA and built in 2016, this facility comprises 108 units and 135 beds...
SPECIAL REPORT: Occupancy Reaches a Major Milestone, Buoyed By Higher Care Levels and Standout Regions
The sector recorded a 13th-straight quarter of net absorption to put the national occupancy figure ahead of the same point in 2019 as of June. Momentum nevertheless varies by care level and region. Segments with higher service offerings like memory care and assisted...
Interest Rate Cuts Amount to ‘Psychological Relief’ for Senior Living M&A
Check out this article by Senior Housing News about the recent interest rate cuts, which have fueled optimism for future M&A activity. Tangible benefits may take time, but this psychological boost can energize new growth opportunities.
Closed : 140+ bed Behavioral Health Community
JUST CLOSED! Nick Stahler and Henry "Hap" Knowles of the Knapp-Stahler Group of Marcus & Millichap recently closed a 140+ bed Behavioral Health Community in Tucson, Arizona for $17,200,000. Nick and Hap represented both the buyer and the seller in this...
SPECIAL REPORT: Fed Rate Hike Implications for CRE Investors
Fed Increasingly Aggressive in Effort to Curb Inflation; Rising Interest Rates Form Headwind for CRE Borrowers The Fed’s 75-basis-point hike in the federal funds rate underscores the central bank’s ardent goal to stabilize rapidly climbing prices, even at the risk of...
SPECIAL REPORT: Will 2022 Be a Good Year for Seniors Housing
Current dynamics could foster investment upside. The third quarter showed signs of recovery, with move-ins rising as more of the population became vaccinated. According to NIC Map® Data Service, occupancy rose in both the seniors housing and skilled nursing segments...
Covid-19 Relief is Entering the Seniors Sector
A $25.5 billion relief fund was released today, September 10th. The funding will be distributed with an eye towards equity, to ensure providers who serve the most vulnerable communities will receive the support they need. Click the article to read more!...
FDA gives the Pfizer-BioNTech vaccine approval for
https://www.wsj.com/articles/fda-approves-pfizer-biontech-covid-19-vaccine-for-people-16-and-older-11629726322 -This is the FDA's first full approval of a Covid-19 vaccine -This news also approves booster doses, according to the FDA -The approval brings hope to those...
THE OUTLOOK
Insights on Seniors Housing and Skilled Nursing The Global Health Crisis dramatically reshaped the commercial real estate climate, shifting supply, demand, investment and capital trends. To help investors realign their strategies, Marcus & Millichap delivered a...
Survey Insights from the Covid-19 Impacts
NIC surveyed 71 small, medium, and large seniors housing and skilled nursing operators from across the nation, representing hundreds of buildings and thousands of units across respondents’ portfolios of properties. Through the collected data, NIC created graphs that...