Blueprint Sets Pricing Record in New York State
Blueprint advised a repeat private equity client in a record-setting sale of two standalone memory care communities in high barrier-to-entry submarkets in New York State. Combining for 104 units, these assets were purpose-built in the late 1990s and were stabilized at the time of the deal. Not only that, they were generating cash flow in excess of $3 million, or nearly $30,000 per unit. Although they were exceptionally strong performers, the buyer market for standalone MC communities can be relatively thin (our webinar on April 23rd touched on the subject). Still, Blueprint sourced a number of reputable buyers with experience transacting in New York, which can be an arduous process, and... Read More »CareTrust Keeps Its Foot on the Gas
CareTrust REIT has deployed nearly $1 billion in closed transactions so far this year, after closing around $1.8 billion in investment activity in 2025, and its pipeline includes $450 million of near-term, actionable opportunities, excluding larger portfolio transactions. The REIT announced that it closed a few separate transactions in mid-April, totaling $628 million, and the investments carry a blended stabilized yield of 8.8%. They were funded using a combination of proceeds received from settled equity forward contracts and a draw from CareTrust’s revolving credit facility. In one of the transactions, CareTrust acquired a 15-asset skilled nursing portfolio that comprises 1,700 beds in... Read More »VIUM Capital Announces Slew of HUD Closings
VIUM Capital closed four HUD 232/223(f) financings in March totaling more than $63 million across a mix of skilled nursing and seniors housing communities. Two of the financings involved skilled nursing facilities in Oklahoma totaling 176 beds. The assets were originally acquired as part of a larger portfolio and refinanced following a bridge-to-HUD strategy. Each loan was structured with a 35-year term, providing long-term stability and improved debt service following the initial acquisition phase. VIUM also closed a $16.3 million HUD loan on a recently developed assisted living/memory care community in Michigan that has already achieved stabilization. The loan refinanced an earlier VIUM... Read More »Lument Secures HUD Express Lane Transaction
Lument closed a refinance through HUD’s Express Lane for a 120-unit seniors housing community in Lincoln, Nebraska. Built in 2017, Pemberly Place Senior Living features 132 licensed beds and offers independent living, assisted living and memory care services. It also has an on-site medical clinic to offer a range of other healthcare services. The community is locally owned and operated, and it has a partnership with MJ Senior Living, a Nebraska-based management company. In order for the owner to pay off existing bank debt from a construction loan originated by Lument several years ago, the firm secured a firm commitment from FHA on a $21.2 million loan just seven days after application... Read More »
CBRF Trades in Wisconsin
A community-based residential facility in southern Wisconsin came under new ownership. The seller had acquired the facility a couple of years ago and brought it to stabilization. They also conducted renovations in 2025 on the physical plant, which was originally built in 2001. The ultimate buyer was a Midwest ownership group that was looking to grow its seniors housing portfolio. Senior Care Realty’s Chad Wegner handled the sale. Read More »
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 »
