News

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...
Reasons to Use a Specialist

Reasons to Use a Specialist

It is essential that when you are looking to obtain commercial real estate or income-producing facilities, the broker who represents you knows the specific product type and specific region you are interested in. Working with a broker who knows the exact information...

What Can Change in 2 Weeks

Just over two weeks ago, we were writing an article about our company’s experience at the Spring NIC Conference and our outlook for the upcoming year.  All indications for 2020 looked strong; our 1st quarter BOV numbers were high, investors were excited to do...

ASHA Recap – January 2020

ASHA Recap – January 2020

We are fresh on the heels of another successful American Seniors Housing Association (ASHA) conference, which was held in picturesque Palm Desert, CA. The ASHA Annual Meeting took place last week along with the Stifel Nicolaus 2020 Seniors Housing & Healthcare...

Sold! Luxury Living in PA

This beautiful personal care community is located in a sought after market in the Pittsburgh area. The past owner was ready to exit the seniors housing industry and engaged the Knapp Group of Marcus & Millichap to broker the transaction. The community had...

The Evolution of the Skilled Nursing Market

The Evolution of the Skilled Nursing Market

Over the past five years, investments in the skilled nursing market have been complicated. There are so many asset classes in the seniors housing industry and the reimbursement climate is constantly fluctuating. Investment specialists and operators now finally have a...

Historically Tight Labor Market Boosts Real Estate

Research Brief: EmploymentJanuary 2020Marcus & Millichap's newest Research Brief includes:- More people emerging from the sidelines to join historically strong job market. - Historically tight underemployment fueling housing demand.- Low inflation pulls down on...

Assisted Living Developers

Assisted Living Developers

Interested in developing Seniors housing?   Important Information About Assisted Living Developers   Investment specialists are very aware of the high demand for seniors housing facilities which is at an all-time high. There has been a major boom in the...

General Observations of the 2020 Capital and Seniors Housing Markets

  by Jim Knapp  Knapp Group Founder/CEO  2019 was a banner year for real estate investors, including investors in the senior housing market.  With the unprecedented market fundamentals still at work, investors are just as optimistic about 2020 and remain active in the...

AL in Southwest Kentucky

This 42- unit assisted living facility is located in rural southwest Kentucky. The beautiful 42,000 sq. ft. property was built in 2014 and was family owned and operated. The owners were ready to exit the industry, and engaged the Knapp Group team of Marcus &...

Nonprofit SNF in West MI

Marcus & Millichap’s Knapp Group successfully brokered the sale of a 96 unit/139 bed skilled nursing facility in Grand Rapids, MI.  The 67,000+ sq. ft. building was constructed in 1972/1974 on over 10 acres.   When the non-profit owners decided to...

The Right Seniors Housing Investment

The Right Seniors Housing Investment

The Right Seniors Housing Investment for Your Investors   Aligning facilities with the right potential investors can be a helpful advantage in jumpstarting a transaction sooner rather than later. The amount of investors has grown exponentially as interest in the...

A Facility’s License in the Transaction Process

A Facility’s License in the Transaction Process

A Facility’s License in the Transaction Process One of the major concerns among operators planning to buy a skilled nursing facility or assisted living facility are regarding the facility's operating license and what happens to it during the transaction process...