Business men riding seniors housing wave
Business men riding seniors housing wave

Cushman & Wakefield Sells CCRC Portfolio

It is amazing what patience, capital, expertise and desire can do to change things around for a few bankrupt entrance-fee CCRCs. We are referring to Sedgebrook in Lincolnshire, Illinois and Monarch Landing in Naperville, Illinois that fell into bankruptcy in 2010 and were sold in an auction process for a combined total of about $39.25 […]

 

In-Place Operator Steps In As Buyer

A successful bidding process for a portfolio of four assisted living/memory care communities ultimately yielded a familiar buyer: the portfolio’s existing operator. Located in Oregon and Washington, the 152-unit portfolio was owned by a partnership among four seniors housing industry veterans, who were looking to retire from the business. Averaging over 20 years old, the […]

 

 

New Seniors Housing Investor In The Old Dominion

There’s a new entrant in the seniors housing industry by the name of Bonaventure Realty Group. Coming from the multifamily space, like many new seniors housing investors these days, Arlington, Virginia-based Bonaventure plans to open its first independent living community further south in the town of Henrico (Richmond MSA). Featuring 148 one- and two-bedroom units, […]

 

Struggling SNFs Sell in the Rust Belt

Blueprint Healthcare Real Estate Advisors sold two skilled nursing facilities in the Rust Belt that had experienced some operational struggles. First, things were looking up for a 160-bed facility in Milwaukee, Wisconsin. After landing on the SFF list in 2014, which brought on a new third-party operator, the facility began to turn its operations (and […]

Hunt Real Estate Capital Becomes Fannie Mae Seniors Housing Lender

Hunt Real Estate Capital has undergone quite the transformation this year. After bringing in RED Capital Group’s Kathryn Burton Gray this past March to lead its seniors housing and healthcare lending group, along with RED alumni James Scribner, Jason Smeck and Brady Johnson, Hunt then changed its name from Hunt Mortgage Group to Hunt Real […]