News

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...

2 for 1 Sale

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...

Seniors Housing Research- First Half 2018

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...

Boulevard Temple

Sold! This beautiful and historic healthcare facility was constructed as a church in 1926 and later converted to a seniors housing community featuring 124 skilled nursing beds and an attached assisted living/independent living tower. ...

Presbyterian Villages MI

This sale marked the successful exit of Presbyterian Villages of Michigan from the skilled nursing and assisted living component of their flagship 33 acre Continuum of Care Retirement Community (CCRC) campus.   The sensitive nature of this unprecedented sale for PVM...

Seniors Housing Research- Second Half 2017

Aging Population Driving Seniors Housing Market Growth; Healthcare Reform Uncertainty Has Investors Reviewing Portfolios Demographic factors, economic growth curb concerns of overbuilding in select markets. The aging population remains a main driver in seniors housing...

State Capital Sale

This 60 unit, 72 bed assisted living community near Michigan's capital was owned by a national construction company and a regional healthcare system.  We evaluated the market value of the property over a 5 year period in order to advise our client on the best timing...