Since 1987 Retirement Property Services or its principal has been involved in the acquisition and sale of nursing homes and other types of senior housing. Although successful in the sale of other health care companies such as home health and respiratory therapy, our activity has focused primarily on skilled nursing, assisted living, as well as independent living. The past several years have been a difficult time to operate. Nursing facilities have been plagued with litigation, adverse changes to Medicare reimbursement, falling census and severe labor shortages. Labor problems, overbuilding in some markets, and slower than expected fill up on new construction has set the assisted living market back as well. In spite of these problems capital has returned to the market. It is important to be sure the buyer you are dealing with can close a transaction. Call us, if not for this year, then just to learn more about us.