by Steph Mallozzi | Mar 11, 2025 3:40 pm | Opinion
Brookdale Senior Living announced its February occupancy results, and it was better than we expected. Month-end occupancy has now increased for three straight months since November. At the end of February, occupancy was 80.8%, marking the seventh straight month that... Read More »
by Steph Mallozzi | Mar 11, 2025 3:39 pm | Acquisitions
CareTrust REIT reached an agreement with the board of directors of Care REIT plc on the terms of a recommended cash offer to be made for the acquisition of Care REIT by CR United Bidco Ltd, a wholly-owned subsidiary of CareTrust. CareTrust has agreed to pay 108 pence... Read More »
by Steph Mallozzi | Mar 11, 2025 3:37 pm | Acquisitions
In February, Tony Cassie, Brant Nelson and Sam Thompson of Walker & Dunlop facilitated the sale of a seniors housing community in Concord, California. The seller, a joint venture between a local private investor group and Agemark Senior Living, purchased the... Read More »
by Steph Mallozzi | Mar 11, 2025 3:37 pm | Acquisitions
Senior Living Investment Brokerage handled the sale of a seniors housing community in Dallas, Georgia. The seller was the existing lender that had foreclosed on the asset. Built in 2013, the community comprises 88 assisted living and memory care units, totaling 66,961... Read More »
by Steph Mallozzi | Mar 11, 2025 3:36 pm | Acquisitions
A publicly traded REIT engaged Blueprint in the divestment of its vacant seniors housing community in Houston, Texas. Built in 1995 and renovated in 2009, the community comprises 48 memory care units. It was vacated by the prior operator in 2023, but current ownership... Read More »