by Ben Swett | Sep 4, 2025 4:25 pm | Acquisitions
A vacant assisted living community in Birmingham, Alabama, found a new owner thanks to Amy Sitzman and Giancarlo Riso of Blueprint. Originally built in 1999, the community faced significant physical plant needs and operational challenges that rendered it unviable,... Read More »
by Ben Swett | Sep 2, 2025 4:07 pm | Acquisitions, Financings
Alec Blanc of Monarch Advisors closed a new loan for the acquisition of a 42-unit assisted living community in Gaylord, Michigan. Built in two phases in 2019 and 2020, the community was a strong performer, with full occupancy and a healthy margin. The borrower,... Read More »
by Ben Swett | Sep 2, 2025 3:37 pm | 60 Seconds
We are looking forward to flyin’ down to Austin next week for the NIC Fall Conference, as we are anticipating a very positive mood among the attendees. That is because M&A activity is high and healthy. The capital markets keep improving from a deal terms and... Read More »
by Ben Swett | Aug 28, 2025 3:25 pm | Acquisitions, Financings
Following its involvement in the sale of Church Hill Village in Newtown, Connecticut, to National Development and Benchmark Senior Living (plus Harrison Street’s sale of a Long Island portfolio), Newmark handled another transaction featuring another high-end asset.... Read More »
by Ben Swett | Aug 12, 2025 3:43 pm | Statistics
Sonida Senior Living continues its upward occupancy march and announced some positive operations news in its latest earnings report, but its growth was curbed somewhat in the second quarter, at least on a year-over-year basis. First, with the good news, Sonida... Read More »