• Healthcare REIT Divests SNF to In-Place Operating Partner

    Senior Living Investment Brokerage returned to West Des Moines, Iowa, to sell a skilled nursing facility that it had previously sold in 2019. A healthcare REIT was the buyer back then and is now selling the facility to its in-place regional operating partner. Built in 2004, Arbor Springs features 56 beds on an attractive four-acre campus about 10... Read More »
  • Near-Stabilized AL/MC Community Lands Refinance

    Carnegie Capital closed a bridge refinance for a 50-unit assisted living/memory care community in the Houston, Texas MSA. Four years ago, the property was bought by a California-based operator with a growing footprint in Texas. Performance was approximately two to three months from stabilization, but with the acquisition loan maturity looming, a... Read More »
  • Record-Setting HUD Express Lane Application to Commitment

    Cambridge Realty Capital provided a $6.15 million loan to refinance Avalon Memory Care Keller, a 50-bed stand-alone memory care community in Keller, Texas (Dallas-Fort Worth MSA). The fully amortized, 35-year HUD loan was provided for the owner, a Texas limited liability company, that wished to recast bank debt into a long-term non-recourse... Read More »
  • Large Healthcare Owner Receives Financing

    An owner of more than 80 healthcare properties spanning nine states secured bridge and working capital financing for its skilled nursing portfolio in Washington. The financing includes a $40 million bridge loan and a $6 million working capital line of credit, with a 36-month initial term. MONTICELLOAM provided the funding. Read More »
  • Out-of-State Owner Divests to Investor

    A couple of assisted living and memory care communities in Eastern Tennessee recently traded hands. The two properties comprise more than 100 units. A Chicago-based investor aligned with the seller’s long-term vision for the communities acquired the assets, and partnered with a regional operator that was looking to grow their presence in the... Read More »
Separate Sellers Divest in Florida

Separate Sellers Divest in Florida

Berkadia announced two seniors housing closings, both involving communities in the Sunshine State. First, Berkadia represented a Maryland-based private equity investment firm in its divestment of a 130-unit independent living, assisted living and memory care community in the Jacksonville, Florida MSA. The asset was built in 2015. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers handled the sale. Next, Berkadia represented Providence One Partners in its sale of a 128-unit assisted living/memory care community in the Orlando, Florida MSA. The buyer was a seniors housing owner, and Providence One Partners will continue to operate the community. Brooks Minford and Cody Tremper closed... Read More »
Welltower Releases Strong Results, Again

Welltower Releases Strong Results, Again

Welltower announced its fourth quarter and full-year 2025 results, which reflected a strong year, as anticipated. Investors seemed to agree, with shares rising to an intraday high of 5.9% above the prior close the day following the release, before finishing up 3.5%.  In the fourth quarter, the REIT saw 400 basis points of average occupancy growth, year over year, and same-store revenue growth of 9.6%. Similar to Ventas, year-over-year same-community NOI jumped by 15%, driven by same-store NOI growth in its seniors housing operating portfolio of 20.4%. This was its 13th consecutive quarter of same-store NOI growth above 20%.  The company completed $13.9 billion of pro rata gross... Read More »
Omega Healthcare Investors Acquires Performing AL/MC Asset

Omega Healthcare Investors Acquires Performing AL/MC Asset

Omega Healthcare Investors announced that it acquired a seniors housing community in Alabama for $10.3 million, or $128,750 per unit. The community appears to be Proveer at Grande View, which has been rebranded as The Ridge at Grandeview. Blueprint was engaged by the seller in its divestment of this community.  Built in 1999, The Ridge at Grandeview features 80 units of assisted living and memory care in Birmingham, Alabama. The community was fully repositioned through a $5.0 million renovation, with the asset effectively presenting and operating as new construction. At the time of marketing, occupancy was trending upward and NOI margins were approaching 20%, providing investors with... Read More »
T7 Capital Hits the Ground Running

T7 Capital Hits the Ground Running

Founded by industry veterans Ari Adlerstein and Josh Simpson in 2025, T7 Capital has hit the ground running, announcing more than $3 billion in closed transactions in their first year. And the team continued at that same pace into 2026, closing more than $200 million of transaction volume in January. T7 Capital, which advises clients on financing and investment decisions across seniors housing, healthcare real estate and operating platforms, had a variety of closings throughout the month, from investment sales to financings. Adlerstein and Simpson led the sale of five skilled nursing facilities in Rhode Island for $70.5 million, or $93,400 per bed. The pair also arranged $54.9 million in... Read More »
Stellar Senior Living Adds San Antonio Asset

Stellar Senior Living Adds San Antonio Asset

Ventas found a new operator for its Villa De San Antonio Senior Living community in San Antonio Texas, bringing on Stellar Senior Living, a Utah-based family-owned senior care owner/operator, to manage the community. The addition of this community, which was built in 2006 and features 219 independent living and assisted living units, expands Stellar’s presence in the San Antonio area. It also expands the company’s relationship with Ventas. In 2010, Cain Brothers represented The Franciscan Sister of Chicago Service Corp. in its sale of the community to Kisco Senior Living for $17.25 million. At the time, the building comprised 138 independent living and 55 assisted living units, making the... Read More »
Harrison Street Acquires Class-A Communities in Fairfield County

Harrison Street Acquires Class-A Communities in Fairfield County

A couple of new, high-end seniors housing communities in affluent Fairfield County, Connecticut, traded with the help of Jay Wagner, Rick Swartz, Aaron Rosenzweig and Jim Dooley of JLL Capital Markets’ seniors housing investment sales and advisory team. They represented the sellers, Virtus Real Estate Capital and LCB Senior Living, although LCB will stay on to operate for the new owner, Harrison Street Asset Management.  Built in 2018, The Residence at Selleck’s Woods is a two-story building with 102 units of independent living, assisted living and memory care. There are upscale amenities, including a private theatre, salon, billiards room, curated library, versatile activity space... Read More »