• 12 Oaks Senior Living Appoints New CFO

    12 Oaks Senior Living appointed Elliott Westerman as CFO, effective immediately. Westerman has more than two decades of leadership experience across senior living, healthcare, and real estate sectors. As CFO, Westerman will oversee all aspects of financial management, including financial planning and analysis, capital structure strategy,... Read More »
  • Ensign/Standard Bearer Adds Two Facilities

    The Ensign Group acquired a couple of skilled nursing facilities through its real estate subsidiary Standard Bearer Healthcare REIT. The first purchase was for Duncanville Healthcare and Rehabilitation Center, a 124-bed SNF in Duncanville, Texas, which will be operated by a third-party operator subject to a long-term, triple-net lease. Ensign... Read More »
  • HTG Closes Two Separate SNF Transactions

    Healthcare Transactions Group (HTG) recently closed two transactions in Missouri and Maryland. The Show Me State deal involved Baptist Home of Independence, an 118-bed skilled nursing facility and 20-bed Residential Care Facility in the town of Independence. Built in 1977, the campus received a major renovation in 2021 and was 65% occupied. ... Read More »
  • VIUM’s New H1 Record

    VIUM Capital completed the first half of 2025 with an impressive $780 million in transaction par value. That volume was closed across 32 transactions, 51 separate properties and 14 states, comprising both bridge and permanent debt. It represents the strongest first half of the year in the company’s history. Part of that activity was more than... Read More »
  • Kiser Group Launches Seniors Housing Division

    Kiser Group, a leading multifamily brokerage firm, has announced the launch of its new Seniors Housing Division with the addition of industry veteran Mark Myers as Partner. This strategic expansion reflects the firm’s commitment to meeting the evolving needs of investors and operators in the growing senior living sector. With more than 30 years... Read More »
Strawberry Fields Completes Missouri SNF Portfolio Acquisition

Strawberry Fields Completes Missouri SNF Portfolio Acquisition

Strawberry Fields REIT, Inc. announced that it completed the acquisition of nine skilled nursing facilities comprising 686 beds in Missouri for $59 million, or $86,000 per bed. The REIT completed the acquisition using cash on hand and the issuance of approximately $2.0 million in OP Units of Strawberry Fields REIT LP to the seller. Eight of the facilities were leased to Tide Group and were added to the master lease the company entered into in August 2024. The master lease remained materially unchanged other than resetting the lease expiration for a new 10-year period and includes two five-year tenant options. Additionally, this acquisition increased Tide’s annual rents tied to its... Read More »
Bloom Exits South Carolina’s Seniors Housing Market

Bloom Exits South Carolina’s Seniors Housing Market

Kandu Capital, LLC, and its operating company, Bloom Senior Living, collectively known as Bloom, sold its final seniors housing community in South Carolina. The company is seeking realignment as it exits the state after a decade-long presence in the region. The 129-unit independent living and memory care community, which is in Bluffton, sold for $13.5 million on an initial investment of approximately $3 million. Occupancy was around 63% at the time of acquisition, but performance improved between LOI and closing, with monthly revenues increasing from between $250,000 and $260,000 to over $300,000 (or over $3.6 million annualized). NOI also trended up, from roughly breakeven to around... Read More »
Improving Ohio SNF Sees Strong Price

Improving Ohio SNF Sees Strong Price

Ryan Saul of Senior Living Investment Brokerage secured a strong price for a skilled nursing facility in Cincinnati, Ohio. Built in 1965, the facility was originally licensed for 199 beds, but the decision was made to strategically reduce the beds to 167 to save on provider tax and improve the Medicaid rate.  The facility struggled for many years. It was purchased by a Chicago-based investor in 2014 that has subsequently gone bankrupt. The lender took the property back in 2018 due to poor operational management and financial performance, and it ran the facility through receivership, employing a number of managers between 2018 and 2023. The most recent operator was finally able to... Read More »
Stacked Stone Ventures Makes Major SNF Acquisition

Stacked Stone Ventures Makes Major SNF Acquisition

Stacked Stone Ventures, a real estate investment firm founded by Kent Eikanas, has made a major acquisition in the skilled nursing sector, acquiring nine skilled nursing facilities for approximately $33 million, or $66,000 per bed, at a 13% cap rate. Stacked Stone bought the portfolio in a joint venture with Praxis Capital from a large institutional skilled nursing owner.  Located in Iowa, the nine facilities feature a combined 500 beds, with some assisted living units. They were around 80% occupied and operated at a healthy margin. Accura HealthCare will continue to operate the portfolio under a NNN lease. The transaction was financed with Oxford Finance. Read More »
Maryland Assisted Living Portfolio Trades Hands

Maryland Assisted Living Portfolio Trades Hands

In its first out-of-state transaction, Michigan-based Meiser Commercial Real Estate facilitated the sale of a five-property seniors housing portfolio in the Baltimore, Maryland market, on behalf of a family seller. The portfolio includes 79 assisted living units with 80 beds and was 95% occupied at the time of closing. Renovations were completed in 2019, and three of the buildings are on the newer side. The undisclosed buyer acquired the portfolio for $13.25 million, or $167,700 per unit, at an 11.8% cap rate, using the same lender that held the previous loan on the property. The transaction closed smoothly. Read More »
Financing Secured for New Jersey SNF Acquisition

Financing Secured for New Jersey SNF Acquisition

MONTICELLOAM announced the financing of a $33.6 million senior bridge loan for the acquisition of a skilled nursing facility in New Jersey. The floating-rate loan has a 30-month initial term for the borrower group, a longstanding client of MONTICELLOAM, that will use the financing towards the purchase of a northeastern New Jersey facility totaling 180 beds. Read More »