• Quarterly Investor Call #1

    Skip the in-person conference, and get the latest senior care M&A and valuations data, market analysis and case studies on notable deals by watching The SeniorCare Investor’s first ever Quarterly Investor Call. Read More »
  • Pacific Companies Acquires National Portfolio

    Pacific Companies, LLC, a privately owned real estate private equity firm based in San Diego, California, acquired the majority of the not-for-profit Retirement Housing Foundations market-rate seniors housing and skilled nursing assets. Ziegler served as exclusive sell-side advisor to RHF on the transaction, which closed in phases throughout late... Read More »
  • Owner/Operator Chooses Refinance Over Sale

    A national owner/operator faced with an underperforming seniors housing property in Missouri and maturing debt on the property secured a refinance thanks to JD Stettin of Carnegie Capital. The borrower, which has over 30 properties in its portfolio, acquired the 45-unit assisted living community in late 2017.  Occupancy and cash flow... Read More »
  • Two Seniors Housing Communities in Indiana Trade Hands

    Blueprint facilitated the divestment of two seniors housing communities in northwest Indiana. The value-add communities are in Michigan City and Merrillville and comprise 119 assisted living and memory care units. They had strong pre-pandemic financial performance but more recently benefited from a substantial Medicaid Waiver reimbursement rate... Read More »
  • Artemis/Bridgewood Acquire Texas Portfolio

    CBRE was engaged in the sale of four seniors housing communities in the Dallas, Texas MSA: Village on the Park Plano (Plano), Village on the Park Denton (Denton), Village on the Park Stonebridge Ranch (McKinney) and Village on the Park McKinney (McKinney). The communities comprise 366 total units of assisted living and memory care and were built... Read More »

Cypress Palms’ memory care program (for women only) reopens

The Goodman Group, which manages Cypress Palms—an assisted living community in Largo, Florida—celebrated the grand reopening of Pearl Essence®, a memory-care environment designed exclusively for women residents. The multi-million dollar renovation project took about six months to complete. The grand opening took place on May 8. The renovation of Pearl Essence®, which first opened in 2009, adds 15 custom-designed Alzheimer’s and dementia care apartments (bringing the total to 27), along with refurbished interiors, expanded lobby and lounge areas, a redesigned kitchen and dining area, and a new sun porch. The upgraded interiors feature stimulating artwork and sky murals created by local... Read More »

Maplewood Senior Living’s new memory-care community underway

Under construction and scheduled to open November 1, Maplewood Senior Living’s newest assisted living/memory care facility— Maplewood at Stony Hill—will be one of Connecticut’s few stand-alone assisted living facilities dedicated exclusively to seniors living with Alzheimer’s disease and dementia. Last fall, the Westport-based developer and operator of senior living communities broke ground on a six-acre parcel in nearby Bethel and began construction of the $20 million, purpose-built facility. Maplewood at Stony Hill, a 78,000 square-foot community with 84 rental units, will offer a mix of private, deluxe studio, and one-bedroom apartments for residents with early, mid-stage, and... Read More »

Buckeye Community Hope Foundation maximizes LIHTC

The next venture for Buckeye Community Hope Foundation (BCHF), an Ohio-based not-for-profit developer of affordable housing, will be a 34-unit project for low- to moderate-income seniors in Falls Township, Ohio. The BCHF project is once again being facilitated by the Ohio Housing Finance Agency’s Low-Income Housing Tax Credit (LIHTC) program. Valley View Pines will comprise 18 one-bedroom and 16 two-bedroom apartments in a row of single-level, ranch-style homes, which aids accessibility; the materials used in construction will be “eco-friendly.” BCHF will receive federal tax credits of $446,509 during each of the next 10 years to offset the cost of construction. The LIHTC program then... Read More »

Trilogy Health Services opens its 80th community

The Willows at Citation in Lexington, Kentucky, is Trilogy Health Services’ newest senior living community—its 80th senior living campus and its second in Lexington. The new campus offers assisted living, long-term care, short-term rehab, skilled nursing, personal care, and respite services. Designed using Trilogy’s village center residential model, The Willows at Citation features small neighborhood clusters that surround a communal gathering place—a village center—with a restaurant, ice cream parlor, health club, and other amenities where residents can meet and greet each other and build lasting friendships. Residents also enjoy chef-prepared meals, private dining rooms, complimentary... Read More »

Shared-campus concept proposed in Hudson, Wisconsin

Integrating medical suite services within a continuum of care is what Presbyterian Homes & Services has in mind for 14.6 acres of land currently owned by Hudson Hospital & Clinics in Hudson, Wisconsin. Presbyterian Homes plans to purchase the land—a wooded area adjacent to the hospital—and build a 160-unit senior apartment and assisted living complex on it. The shared-campus concept calls for 95 independent living, 46 assisted living, and 19 memory care residences in a four-story building, along with a 6,000 square-foot medical office suite and a 24,000 square foot town center with a bistro, theater, library, auditorium, chapel, fitness center, and hair salon. A future 50-suite... Read More »