Regional Owner/Operator Exits Senior Care Industry
Senior Living Investment Brokerage’s Vince Viverito, Jason Punzel, Jake Anderson and Taylor Graham completed a regional owner/operator’s exit from the seniors housing industry with a third and final disposition. The asset was The Homestead in Fallon, Nevada, about one hour east of Reno. It was originally built between 1972 and 1980 and has undergone significant renovations in 2007 and 2018. Most recently, in 2025, ownership converted leased office space into four new independent living units. It now comprises 56 units of independent living, assisted living and memory care. It was well occupied at 94%, and operated near a 20% margin on $3.05 million of revenues. That is strong performance... Read More »
Well-Performing SNF Trades in Iowa
A skilled nursing facility in Cedar Rapids, Iowa, that boasted strong occupancy levels and consistent cash flow traded hands. The facility had long-standing referral relationships and a reliable census pipeline. But, there is still room for upside. Ownership was intentional in selecting a buyer that would preserve and build upon the facility’s culture and reputation. Ultimately, a regional owner/operator with a proven track record in the skilled nursing sector aligned with the seller’s culture acquired the community. Connor Doherty, Ryan Kelly and Will Roberts of Blueprint handled the sale. Read More »
Class-A Active Adult Community Trades
An active adult community north of Houston, Texas, sold with the help of Cody Tremper, Mike Garbers, Ross Sanders and Dave Fasano of Berkadia Seniors Housing & Healthcare. Alders Magnolia encompasses 184 units in Magnolia, and was built in 2021. The seller was Capitol Seniors Housing, and the buyer was Texas-based active adult development and investment firm, Aspens Senior Living. Situated just northwest of The Woodlands, one of the nation’s largest master-planned communities, Alders Magnolia features an amenity package that offers a heated resort-style pool and spa, theater, fitness center, demonstration kitchen, private wine lockers, putting green, bocce ball court and... Read More »
Not-for-Profit Divests to For-Profit Owner/Operator
Senwell Senior Investment Advisors announced the closing of two separate senior care sales. First, Brandon Bohland and Collin Hempfling handled a faith-based not-for-profit organization’s divestment of a senior care campus in the Charlotte, North Carolina MSA. The campus has a 50-bed skilled nursing facility and a 96-bed assisted living community. The seller had owned the campus for multiple decades, but a long-term tenant/operator lease was approaching expiration and it wanted to evaluate options. Senwell explored both a lease and a sale of the campus, ultimately advising a divestment. There were multiple competitive offers, with the winning bidder being a for-profit regional... Read More »
