David Salinas to Join CCRC Webinar
CCRCs: Buying, Selling and Valuing – Thursday, May 23, 2013 at 1:00 p.m. ET – Hosted by: Irving Levin Associates, Inc.
We hope you join us as HealthTrust Partner David Salinas, MAI, joins a panel of industry experts in Irving Levin Associates‘ webcast “CCRCs: Buying, Selling and Valuing”. This webcast promises to provide a unique assessment of today’s CCRC market. Here are just a few topics to be covered:
Is there such a thing as a cap rate for CCRCs?
How do refundable entrance-fee liabilities impact the purchase price?
What is the best ratio of IL, AL and SNF beds for a CCRC?
How does the size of the campus impact the value and purchase price?
What is the best way to finance a CCRC acquisition?
What’s the primary concern of a buyer when looking at a CCRC purchase? How about the seller?
PLUS…your chance to ask our panel of experts any questions about buying, selling or valuing hospitals.
For more information on how to register for this webinar, please visit http://www.levinassociates.com/.
NIC Insider Interviews Alan Plush
In the latest in a series of dialogues with key players regarding the current capital environment in the seniors housing and care industry, Michael Hargrave, vice president of NIC MAP®, recently interviewed Alan Plush, senior partner at HealthTrust, LLC.
Download the article here.
A Road Map to Valuing CCRCs
Seniors Housing Business, a France Media Publication, has kindly made available Alan’s recent article entitled “A Road Map To Valuing CCRCs” from their December 2012/January 2013 issue. We hope you find it useful.
Download the article here.
To find out more about Seniors Housing Business Magazine, please visit seniorshousingbusiness.com.
IAAO Presents: Nursing and Senior Housing Valuation Techniques and Trends
We hope you’ll join us as Alan Plush, MAI and Senior Partner of HealthTrust presents for The International Association of Assessing Officers “Innovation & Excellence Webinar Series.”
Nursing and Senior Housing Valuation Techniques and Trends
Wednesday, January 16, 2013
12:00pm – 2:00pm CST
Presented by Alan Plush
2.0 CEUs
This webinar will cover the market value estimation process (with emphasis on the income approach), current market trends in the hospital and surgical center space, contribution of real estate as allocated from the total value, and how to look at functional obsolescence in facilities that are failing to perform. A review of market trends for this specialty niche will be presented so attendees understand how best to determine presence of absence of obsolescence and how market trends can render an otherwise good physical asset to one of little value.
To signup or find out more, please visit iaao.org.
Expert Opinion: A Conversation with Alan Plush
Steve Monroe, Partner and Editor of The SeniorCare Investor sits down for an interview with Alan Plush.
July 10, 2012 – In this “Expert Opinion” interview, Alan Plush, MAI, Senior Partner, HealthTrust, LLC, discusses the bull market, transaction activity, reimbursement, RUGs, competition, and more.
To view the transcript or watch the video, please visit Steve’s Senior Care Blog.
To Build or To Buy: The Question for Seniors Housing
The National Real Estate Investor presents “To Build or To Buy: The Question for Seniors Housing” – Wednesday April 18, 2012 2:00 pm ET
We hope you join us as HealthTrust Senior Partner Alan Plush, MAI, joins a panel of industry experts in National Real Estate Investor’s “To Build or To Buy: The Question for Seniors Housing”. This free webinar promises to provide an unvarnished assessment of today’s seniors housing market. With a wide range of topics and live Q&A session to follow, this event is not to be missed!
To register for this webinar, please visit Webinar Registration.
Assisted Living Facilities: Buying, Selling, and Valuing as the Market Recovers
The SeniorCare Investor Online Conference Series presents “Assisted Living Facilities: Buying, Selling, and Valuing as the Market Recovers” – Thursday June 23, 2011 1:00 pm ET
The acquisition market is heating up, and the quality of properties being sold is increasing. As the market continues to recover, new assisted living facility buying and selling techniques will become crucial. Furthermore, you will need to learn to assess the values of facilities properly.
Our panel of experts include:
* Alan Plush, Senior Partner at HealthTrust, LLC
* Ryan Saul, Managing Director at Senior Living Investment Brokerage, Inc
* Bradley Dubin, Principal at Khandu Capital, LLC / Bloomfield Senior Living
To learn more and register please visit: https://www.levinassociates.com/110690hous
Alan Plush Participates in Senior Housing & Skilled Nursing Market Overview
HealthTrust Senior Partner Alan Plush, MAI joins a panel of industry leaders to discuss Senior Housing and Skilled Nursing Real Estate Transaction Markets and Pricing.
Stifel, Nicolaus & Company Conference Call Wednesday, April 20, 2011
HealthTrust Senior Partner Alan Plush joined Jerry Doctrow Managing Director at Stifel Nicolaus & Company, Inc. and Steve Monroe Partner at Irving Levin Associates and Managing Editor of SeniorCare Investor and The Senior Care Acquisition Report for a focused look at the Senior Housing and Skilled Nursing Real Estate Markets.
To download the transcript for this call, please visit Transcript Download.
Alan Plush to Join Senior Housing Investment Roundtable Webinar
Senior Housing Investment Roundtable Webinar Wednesday, March 24, 2010 @ 2:00pm ET
We hope you join us as HealthTrust Senior Partner Alan Plush, MAI, joins a panel of industry experts in National Real Estate Investor’s Senior Housing Investment Roundtable. This free webinar promises to provide an unvarnished assessment of today’s seniors housing market. With a wide range of topics and live Q&A session to follow, this 60 minute conference is not to be missed!
For more information on how to register for this webinar, please visit Roundtable Registration.
HealthTrust Provides Insights from the 2010 Annual ASHA Meeting
The temperatures were frigid at this year’s Annual Meeting, and the outlook for seniors housing was slightly warmer. Marci Rossell, PhD, an economist formerly on CNBC presented an impelling argument that the recession is over but that recovery will be sluggish, in part due to a higher national savings rate (5-6%) and in part due to federal gimmicks that borrowed 2010 activity (home tax credits, cash for clunkers) and used it in 2009. Dr. Rossell then moderated a panel on Capital Markets who suggested that cost of capital may decrease and that REITs are ready to invest.
Alan Plush, MAI, with Steve Monroe led a lively valuation panel covering topics such as:
- Lack of data points
- Expected equity returns
- The appropriate premium or discount for portfolios
- The future of the entry fee model since the Erickson bankruptcy judge subordinated the interests of secured lenders to the community residents
During the executive board meeting, HealthTrust’s Colleen Blumenthal, Task Force Lead of the State of Senior Housing, presented the progress made with the 2009 edition and goals for the upcoming 2010 edition, including:
- Increased Concession Analysis
- Expanded CCRC Operations
- Board Composition
- Entrance Fee Refund Analysis
- Greater Focus on Return on Investment Analysis
- 1,500 properties
- 175,000 units
- 800 same store contributions
- July release date
HealthTrust, LLC supports the American Seniors Housing Association’s efforts to provide leadership for the seniors housing industry through completing research projects (State of Seniors Housing, investment studies and occasional white papers), supporting the seniors housing PAC and serving on the executive board. For more information about ASHA, please visit www.seniorshousing.org.
HealthTrust to Sell Canadian Division
Alan Plush, Senior Partner of HealthTrust, LLC, announced this morning from his firm’s Sarasota-based corporate headquarters that they are selling their Canadian division to Altus Group Income Fund. The HealthTrust Canadian division is located in Toronto with a western office in Calgary.
“We have met and worked with a lot of really great people in Canada,” said Plush, “but due to an ever increasing demand for our services in the senior housing and the skilled nursing industries here in America, we have made the decision to concentrate 100% of our effort stateside.” According to Plush, HealthTrust provides valuation, litigation, consulting and tax services for more than 1,000 properties annually.
“We are excited about the added expertise that HealthTrust brings to Altus,” said Gary Yeoman, Chief Executive Officer of Altus Group. Altus has a Canadian national network of 30 offices in 23 cities throughout Canada and 6 offices in the UK.
About HealthTrust
HealthTrust is the recognized industry leader in Senior Housing & Healthcare real estate advisory services. The core team of Partners and Senior Associates has worked together for over thirteen years and includes designated Members of the Appraisal Institute (MAI) and the American Society of Appraisers (ASA), as well as professionals holding State Certified General Appraiser licenses in over 30 states.
HealthTrust has HealthComps™, a propriety database containing tens of thousands of comparable properties and years of operational data that insures expedient and accurate valuations.
HealthTrust is the founding sponsor of the annual National Medicaid Medicare Leadership Conference.
The HealthTrust corporate headquarters is located in Sarasota, FL with other offices in Birmingham, Boston, and Portland, OR.
HealthTrust LLC Announces New US Corporate Headquarters
Construction is underway on the new U.S. corporate headquarters for HealthTrust, LLC. The two-story, 15,000 SF building in the Lakewood Ranch Corporate Park broke ground in the 4th quarter of 2006, and is expected to be completed in the second quarter, 2007.
Once an expansive agricultural tract, the Lakewood Ranch Corporate Park is now an award-winning, 7,000 acre master-planned community for residential and commercial uses. In addition to being more convenient for both HealthTrust employees and clients, this new location includes the Lakewood Ranch Country Club and Athletic Center, a variety of community parks, nature preserves, shopping, dining, healthcare facilities and offices.
Currently, HealthTrust is headquartered in the Bank of America building on Main Street in Sarasota, with additional offices in Birmingham, Boston, Portland, Toronto and Calgary. In addition, HealthTrust, LLC is the founding sponsor of the National Medicaid/Medicare Conference that has been held in Sarasota for the past ten years. This year’s conference is March 13-15 at The Ritz-Carlton, Sarasota.