VIUM’s Slew of Financings
We have written about the uptick of liquidity in the seniors housing and care market, and the willingness among lenders to write bigger and bigger checks to finance larger portfolios. Well, VIUM Capital just announced a slew of financings totaling more than $180 million for four senior care portfolios. The largest was arranged for three skilled nursing facilities totaling 357 beds in Florida. Sponsorship had acquired the facilities in September 2022 and had since materially improved operations through increased occupancy, RUG optimization and limited contract nursing. Occupancy ranged between 87% and 92% as of August 2025. A bridge loan provided by VIUM Capital via Merchants Bank of... Read More »
Eight Wisconsin Senior Care Assets Sell in Four Deals
Senior Care Realty had an active October, with a handful of deals closed by Chad Wegner and Bob Richards. The four transactions involved senior care assets spread throughout Wisconsin. In one of the transactions, Chad Wegner of Senior Care Realty sold four assisted living and memory care communities across two campuses in Wisconsin. The owner/operator seller, a repeat client that was exiting to shift its focus to other strategic pursuits, owned the campuses for more than 10 years. The assets sat in a tertiary market with 52 units and 55 beds. They were built in the late-1990s to early-2000s and delivered strong NOI. Performance has historically fluctuated with census, and they faced... Read More »
Public REIT Offloads SNFs Following Lease Non-Renewal
Blueprint started the fourth quarter well after selling a portfolio of skilled nursing facilities in Florida, California and Virginia, on behalf of a public REIT. The existing tenant elected not to renew its master lease, prompting the portfolio divesture. The first closing was completed in Florida for two high-quality SNFs. The two facilities are situated along the Gulf Coast and were built in 2008 and 1988. At the time of marketing, the near-stabilized facilities were both well occupied with attractive quality payor mixes, further supported by the state-implemented Medicaid reimbursement rate increases effective October 2024. Marketing efforts yielded 12 highly competitive offers from... Read More »
Senior Care Owner/Operator Acquires AL Community
Dan Mahoney and Dillon Rudy of Blueprint were engaged by a Louisiana-based not-for-profit owner/operator to market a 40-unit assisted living community in the Inland Northwest region of Idaho. The property maintained a steady resident base and in-place HUD financing. The organization was divesting because the asset no longer geographically aligned with its broader mission and operational footprint. The marketing campaign focused on finding regional and national buyers that would be capable of continuing to fulfill the seller’s mission and the community’s reputation. Blueprint identified a leading owner and operator of seniors housing, assisted living, and home health & hospice... Read More »
