Stay up-to-date on skilled nursing and assisted living businesses, retirement communities, REITs and home health care with The SeniorCare Investor newsletter. For over 50 years, The SeniorCare Investor has been tracking mergers, acquisitions, equity & debt financings, bankruptcies and corporate shake-ups in the senior care market.
The Regions Healthcare Real Estate group closed yet another acquisition financing, following its recent Ohio deal that involved a joint venture buying a 100-unit assisted living/memory care community. The latest transaction saw Trilogy Health Services receive a $47.5 million three-year bridge loan to fund its purchase of four senior living campuses and over 400 beds […]
Check out our recent senior care M&A transactions!
The Knapp Group of Marcus & Millichap, led by Jim and Justin Knapp, closed two deals in succession, one in Maryland and one in Michigan. First, after yielding five offers that pushed the selling price $1.75 million over list, Messrs. Knapp sold a 145-bed skilled nursing facility in Burtonsville, Maryland, for around $17.25 million, or […]
A boutique 12-unit memory care community in Orange County, California sold to a local owner/operator in a transaction facilitated by Jacob Gehl, Ben Firestone and Scott Frazier of Blueprint Healthcare Real Estate Advisors. Its owners, a joint venture between a REIT and a national operator decided to sell as a part of a larger portfolio […]
A newly-opened and quickly-stabilizing assisted living community in the affluent Chicago suburb of Prospect Heights, Illinois sold with the help of Richard Swartz, Jay Wagner and Timothy Hosmer of Cushman & Wakefield. Developed in May 2017 by a joint venture between Oz Real Estate, Grandbrier Senior Living and Pathway to Living (the operator), the community […]
The Regions Bank Healthcare Real Estate Group arranged a $17.57 million five-year term loan on behalf of a joint venture to acquire a 100-unit assisted living/memory care community in northeast Ohio. Developed three years ago by a local family, the community was improving operationally but was still considered a value-add opportunity for the buyer, a […]
Quality Care Properties divested one of its HCR ManorCare-operated skilled nursing facilities in New Jersey, with Tryko Partners stepping in as the buyer. Built in 1974, the 106-bed facility is located in New Providence (Newark MSA), which will complement Tryko’s existing strong presence in central and northern New Jersey. The facility is located close to […]
Maryland-based Healthcare Transactions Group just closed the 23rd senior care transaction in its home state. For an undisclosed price, the firm arranged the sale of a 118-bed skilled nursing facility in Sykesville (about 20 miles northwest of Baltimore). Formerly owned by a New Jersey-based private owner, the target was previously leased to Transitions Healthcare and […]
A small memory care community in the Houston, Texas area sold to Capital Square 1031, a national real estate investment and management company based in Glen Allen, Virginia. With only 16 beds and 10,000 square feet, the newly constructed community was previously owned by Verdad Real Estate, a national single-tenant real estate development company, and […]
Cambridge Realty Capital Companies arranged $28.4 million in HUD financing for a portfolio of three skilled nursing facilities in Ohio, but the road to closing was more complicated than usual. Located in the towns of Niles and Milan, these facilities were put up for sale by their long-time real estate owner/operator. However, during the marketing […]