Watch The SeniorCare Investor’s Q1 Investor Call
The SeniorCare Investor convened a panel on April 23 to discuss key topics front and center for investors. Ben Swett, Managing Editor of The SeniorCare Investor, moderated the discussion. Blueprint sponsored the Q1 2026 Investor Call webinar, with Kyle Hallion, Senior Director at Blueprint, joining. Investment firm perspectives came from Natalie Wynn, Senior Vice President, Transactions at Clarion Partners, and Theo Harrison, Vice President at Fortress Investment Group. Representing the REIT side was Lauren Nisley, Vice President, Investments at Sabra Health Care REIT, Inc. Read More »
Not-for-Profit Joint Venture Acquires IL Community
Blueprint closed the sale of Parkwood Retirement, a 147-unit independent living community in Bedford, Texas (Dallas-Fort Worth MSA). Sitting adjacent to the Texas Health HEB hospital campus, Parkwood has demonstrated consistent and strong operating performance, with occupancy hovering around 95% for several years. There was still some meaningful rate upside for the 1980s-vintage asset. Kyle Hallion, Amy Sitzman and Giancarlo Riso of Blueprint were engaged by a joint venture led by a well-regarded national owner/operator to market the community. Its size and stabilized profile attracted strong interest from the investment market, before a joint venture between two leading not-for-profit... Read More »
Senior Care Portfolio Secures HUD Financing
A senior care portfolio secured $64.96 million in HUD financing for the refinance of three properties in Pennsylvania. Greystone provided the financing, with the deal originated by Christopher Clare and additional team members including David Young, Ben Rubin, Ryan C. Harkins, Parker Nielsen and Liam Gallagher assisting on the transaction. The portfolio comprises 408 skilled nursing beds, 88 assisted living and memory care beds and 10 independent living units across multiple Pennsylvania facilities delivering a full continuum of care. The portfolio is operated by an experienced regional healthcare group with a track record of improving facility performance, contributing to strengthened... Read More »
National Health Investors’ CFO Retires
National Health Investors’ John Spaid, Executive Vice President and CFO, will retire effective July 1, 2026. The company will appoint Todd Siefert as Executive Vice President Corporate Finance, effective June 1, 2026, and he will succeed Spaid as CFO. Also as part of the transition, Dana Hambly has been promoted to Senior Vice President of Finance to assume expanded responsibilities. Siefert brings more than 25 years of experience in corporate finance, capital markets, treasury management and investor relations, with expertise in publicly traded REITs. He most recently served as CFO of Hillsboro Residential, where he oversaw debt and equity financing, financial underwriting, and investor... Read More »
NHI and National HealthCare Corporation Ending Master Lease
In a move to concentrate its portfolio on private pay seniors housing, National Health Investors divested a large skilled nursing portfolio for $560 million, before estimated transaction costs between $6 million and $8 million. The buyer was the current lessee, National HealthCare Corporation, whose legacy master lease was established in 1991 and set to expire in December 2026. Last year, NHI had formally notified National HealthCare Corporation that it was in default, and this deal will bring an end to the master lease. The portfolio encompasses 32 skilled nursing facilities with 4,550 beds, and three independent living communities with 250 units. The assets sit across Alabama,... Read More »
Seniors Housing Communities Sell in Southwest Florida
Berkadia has announced a couple of closings in southwest Florida. First, Brooks Minford headed to the Tampa, Florida area to sell a 138-unit assisted living/memory care community on behalf of a local developer that was looking to exit the seniors housing business. They had built Tessera of Brandon in 2017 to feature a mix of 98 assisted living and 40 memory care units. And it was operated by a third-party operator under a net lease, which was terminated upon the sale closing. An Orlando-based owner/operator emerged from an active bidding environment to purchase the community, with plans to add value through census improvement and physical enhancements. Berkadia’s Ross Sanders, Dave... Read More »
Global Investment Firm Re-Enters the Senior Care Industry
Global alternative investment firm Investcorp has re-entered the seniors housing sphere after its exit in 2008. The company has acquired three communities in Massachusetts, California, and New York, all within a short period. The Massachusetts community is in Boston, and it offers both independent living and affordable seniors housing units. It appears to be The Woods at Merrimack in Methuen, which was built in 2018 and includes 102 market-rate units with a separate three-story building that encompasses 38 affordable units. The seller, Sunshine Retirement Living, developed the buildings and will continue to operate them. Investcorp purchased the asset in a joint venture with Capitol... Read More »
Investor Enters Seniors Housing Sector
Stone Brook Assisted Living in the Dallas, Texas MSA, has traded hands from a single-community owner/operator to a regionally-based investor. The seller was looking to enter retirement, and the investor wanted to make their first investment in the seniors housing space. Both seller and buyer agreed to pause the process in Fall 2025 to allow the seller to make some final adjustments, and after picking back up, the transaction moved quickly towards closing. The process was handled by Daniel Morris of Plains Commercial Real Estate. The physical plant sits in Denison, Texas, and presents well. It totals 44 assisted living units with 60 beds. Read More »
Public Company Divests in Arizona
A publicly traded company focused on seniors housing recently divested a community in Mesa, Arizona. The asset features 68 assisted living and memory care units, and offered meaningful upside potential. Amy Sitzman, Kyle Hallion and Jake Rice of Blueprint handled the deal, which saw a competitive process with multiple offers from groups looking to expand in the East Valley. The public company ultimately selected a buyer with an established footprint in the market. Read More »
California SNFs Secure HUD Financing
Just a year after funding the acquisition and refinance of two skilled nursing facilities in California, Greystone returned to take the facilities to HUD. Totaling 219 beds, the facilities are located in Menlo Park and Los Banos. Kalesta Healthcare Group acquired them in 2025 and 2021, respectively, and sought a combined refinance in 2025. Grant Goodman of G Capital served as Kalesta’s capital advisor and brought the opportunity to Greystone as part of a competitive debt market process. In March 2025, Greystone provided a $40.5 million bridge loan with an interest-only term, no recourse and a 24-month term with two six-month extension options. The facilities had recently stabilized,... Read More »Schedule a demo
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