by Mark Davis | May 16, 2014 | Blog
The baseline metric for the valuation of a skilled nursing facility is the amount of Net Operating Income generated by operations, or more specifically, EBITDAR, consisting of Earnings before Interest, Taxes, Depreciation, Amortization and Rent, divided by rates of...
by Mark Davis | Mar 3, 2013 | Blog
You’ve got to know when to hold ’em Know when to fold ’em Know when to walk away Know when to run You never count your money When you’re sittin’ at the table There’ll be time enough for countin’ When the dealin’s done...
by Mark Davis | Dec 28, 2011 | Blog
In our last blog we talked about the tactic of “retrading” in negotiations, whereby typically buyers agree to a deal that they don’t really intend to go through with. Customarily, they drag out the due diligence process, strategically and deceptively, to wear down the...
by Mark Davis | Oct 6, 2011 | Blog
If you look up “retrade” or re-trade” in the dictionary, you won’t find it, even in dictionaries of slang. However, in the parlance of mergers and acquisitions, this is becoming a well-known term. Essentially, a retrade is the practice of...
by Mark Davis | Jun 24, 2011 | Blog
Just as surely as death is inevitable, so too apparently is the trend toward consolidation in the long-term care properties industry. Publicly traded companies and real estate investment trusts are rushing headlong into the marketplace to acquire privately held senior...
by Mark Davis | Mar 26, 2011 | Blog
You’ve invested heavily in building and expanding your healthcare business, and now you’re considering selling. Regardless of why you’re selling—retirement, burnout, the spin-off of a non-core business, or taking advantage of high prices in the marketplace for your...