Logos Living Capital Acquires Invesque Assets
Back in December, Invesque announced that it completed the sale of four seniors housing communities for $57 million. The assets sit in New Jersey and Pennsylvania and were previously part of a joint venture with Heritage Senior Living, which managed the portfolio. Invesque did not include any additional details at the time of the announcement, but it was later disclosed that Logos Living Capital was the buyer and would bring on one of its operating partners, Viva Senior Living, to manage the buildings. The portfolio includes Heritage Hill Senior Community in Weatherly, Pennsylvania, Belle Reve Senior Living in Milford, Pennsylvania, Cardinal Village in Sewell, New Jersey, and Viva... Read More »
Strawberry Fields REIT’s 2025 Growth
Strawberry Fields REIT reported its 2025 operating results, noting that it was the best year since its inception more than 10 year ago. The company posted significant increases in FFO and AFFO, and it completed more than $110 million in several new acquisitions. Its portfolio now includes 131 skilled nursing facilities, 10 assisted living communities and two long-term acute care hospitals totaling more than 15,600 beds in Arkansas, Illinois, Indiana, Kansas, Kentucky, Missouri, Ohio, Oklahoma, Tennessee and Texas. FFO totaled $79.6 million in 2025, up 32.2% from 2024’s $60.2 million. Net income also increased, rising $6.8 million year over year, driven largely by a 32.4% increase in... Read More »
Owner/Operator Exits SNF Sector
An independent owner/operator exited the skilled nursing sector through its divestment of Sunrise Country Manor, which has 80 beds in Milford, Nebraska, and features a mix of private and semi-private units. It maintained an 83% occupancy rate at the time of the sale. A regional operator looking to expand its footprint in Nebraska acquired the facility. After outside financing fell through late in the process, the buyer opted for an all-cash purchase to preserve the exit timeline. Evans Senior Investments handled the deal, highlighting nearly $380,000 in annual revenue growth through enhanced Medicaid reimbursement and Medicare Part B alignment. Additionally, ESI identified more... Read More »
Assisted Living Providers Join Forces
Majestic Residences recently expanded its footprint, adding 17 assisted living communities and six in active development, through its acquisition of Avendelle Senior Living. Avendelle will be integrated into the Majestic Residences platform, with Avendelle’s corporate team retained. The combined organization will operate under the Majestic Residences’ unified brand, systems and growth strategy. This brings Majestic Residences’ portfolio to 34 senior care assets plus more than 10 in development. Financial terms of the deal were not disclosed. Read More »
