Assisted Living Portfolio Closes in Wisconsin
Bob Richards of Senior Care Realty recently completed the sale of a five-property assisted living portfolio in Wisconsin, closing the deal in multiple tranches. Richards had worked with the seller, AC Capital, for 15 years, helping them grow their portfolio over the years. AC Capital also has self-managed the communities for the last decade. Now, the investor group wished to exit the industry altogether. The first group of properties sold in the second half of 2025, featuring a 15-bed assisted living community south of Madison, a nine-unit CBRF in Milwaukee and the real estate of a 22-bed assisted living campus in Neenah. All operated well, with occupancy in the low-90s. The two larger... Read More »
Two Seniors Housing Sales Close
Senior Living Investment Brokerage is continuing on its hot streak this month, closing two additional deals in Alabama and Florida. In the Alabama transaction, Dan Geraghty and Brad Clousing represented a large national owner/operator that was resizing its portfolio to concentrate on its core market. So, the company divested an assisted living/memory care community that is situated on six acres with 128,706 square feet in the Birmingham MSA. The asset was built in 1998 and underwent an extensive remodel in 2016. It presents well, and comprises 85 AL and 22 MC units. The marketing process attracted strong buyer interest and multiple qualified offers, with a buyer new to seniors housing... Read More »
Selectis Health Exits Georgia
Selectis Health, Inc. has completed its exit from Georgia with the help of Michael Segal and Daniel Waldhorn of Blueprint. In the beginning of the year, Selectis Health divested Providence of Sparta Health and Rehab and Warrenton Health and Rehab to Journey, also with the help of Segal and Waldhorn (more on that deal can be found here). The company again engaged Blueprint to handle the sale of its remaining two skilled nursing facilities in central Georgia. The two assets, Glen Eagle Healthcare and Rehab and Eastman Healthcare & Rehab, sit less than 30 miles apart in Abbeville and Eastman and total 201 beds. The buildings were initially constructed around 1960, but were recently... Read More »
Joint Venture Divests Third Class-A Asset
Caddis Partners and Singerman Real Estate have divested another seniors housing community, Heartis Fayetteville. This comes shortly after the joint venture’s sale of Heartis Venice and Heartis Longview. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia Seniors Housing & Healthcare represented the seller in all three transactions. Heartis Fayetteville is a 167-unit, Class-A asset in the Atlanta, Georgia MSA, that offers independent living, assisted living and memory care services. The marketing process was highly competitive, with Capitol Seniors Housing selected as the ultimate buyer. The company will rebrand the community as Village Park Fayetteville and bring... Read More »
Berkadia Announces Array of Closings
Berkadia is riding a transaction hot streak, closing 19 property sales in the last 45 days. The activity included a portfolio featuring five assisted living/memory care communities across Utah, Wisconsin and Minnesota sold to Jaybird Capital, an affiliate of Jaybird Senior Living, through HUD assumptions. Jaybird assumed management of the communities in October and was able to stabilize operations. The company is targeting an additional 15 properties to acquire in 2026. The Berkadia team also closed the sale of The Waters of Eden Prairie, a 156-unit full-continuum seniors housing community in the Minneapolis, Minnesota MSA. The property was sold by an institutional private equity firm and... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
