News
April 16 COVID-19 Update
by Joseph Knapp This unprecedented time presents an opportunity for seniors housing transaction advisors to better understand and interpret the unique conditions that impact the sale of a seniors housing community at this time. What made this economic downturn so...
Expense Ratio & PPD Analysis
Expense Ratio and PPD Analysis The seniors housing industry is familiar with complex financial statements. Understanding these statements is imperative to ensure the success of an assisted living or skilled nursing facility. Correct analysis gives you the tools to...
The CARES Act
By Andy VanZee and The Knapp Group Team As of the writing of this newsletter, we have received numerous reports from senior housing operators that, despite Covid-19 related lockdowns, occupancy has predominately remained steady over the past 30 days. Here at the...
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
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
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
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 &...