Ensign Delivers Strong Q4 and Full-Year 2025 Results
The Ensign Group posted a strong fourth quarter and full-year 2025. The company reported that FFO was $75.2 million for 2025, an increase of 28.3% over 2024, and $20.4 million for the quarter, an increase of 33.9% over the prior year quarter. Same facilities and transitioning facilities occupancy for the year were 82.9% and 84.2%, increases of 2.5% and 4.2%, respectively, over the prior year. For the fourth quarter, occupancy was 83.8% and 84.9%, an increase of 2.9% and 3.5%, respectively, over the prior year quarter. Total skilled services revenue was $4.84 billion for the year and $1.30 billion for the quarter, an increase of 18.7% and 20.2% over the prior year and prior year quarter,... Read More »
Omega Reports Continued Momentum
Omega Healthcare Investors announced its fourth quarter and full-year 2025 results, completing approximately $334 million in fourth quarter investments, which consisted of $52 million in real estate acquisitions, $16 million in real estate loans and $266 million in unconsolidated entities. In 2025 Omega completed $1.1 billion in new investments, with $680 million in real estate acquisitions, $69 million in real estate loans and $342 million in investments in unconsolidated entities. The Q4:25 real estate transactions totaling $52 million include Omega’s purchase of four seniors housing communities in New Jersey, Wisconsin and Indiana for $36.9 million. They will be operated by two new... Read More »
Berkadia Announces 2025 Activity and Latest Deal
Berkadia recorded another successful year, with more than $2 billion in mortgage banking closings for the second consecutive year. In 2025, Berkadia’s financings were spread across 123 properties including active adult, independent living, assisted living, memory care and skilled nursing communities. Multiple lending sources were utilized, such as the GSEs, HUD, Berkadia’s proprietary capital, banks, life companies and debt funds. Additionally, Berkadia was the #1 Freddie Mac Seniors Housing Lender by total volume in 2025, delivering $850 million in seniors housing loans with Freddie Mac. Separately, it originated $392.5 million in HUD LEAN volume, a 90% increase from the prior year.... Read More »
Bank Closes Refinance and Acquisition Financing
Coastal States Bank announced that it recently closed $9 million in financing to refinance a 60-unit purpose-built memory care community near Centerville, Ohio, and to acquire a 53-unit memory care community in Creve Coeur, Missouri. Following the closing, the sponsor’s affiliated management company, Kauhale Healthcare Management, began managing the community in Creve Coeur and will continue managing the Centerville community, which it acquired in October 2024. The loan, which closed in coordination with a preferred equity investment from Kauhale Healthcare Real Estate and Locust Point Capital, was structured with a four-year term with interest-only payments for the first 12 months.... Read More »
SLIB Sells Ohio Assisted Living Portfolio
Jeff Binder and Ryan Saul of Senior Living Investment Brokerage sold a portfolio of three seniors housing communities in Ohio. Built between 1987 and 2009, the three buildings consist of 314 total units. They were in receivership. Working on behalf of the out-of-state owner, which has other seniors housing communities throughout Ohio, SLIB procured multiple qualified offers from both national and regional buyers before selecting an out-of-state private owner with an existing portfolio in the state. The buyer plans to continue investing in the buildings and will focus on increasing the MedWaiver occupancy. The state significantly increased its AL waiver rates in the last couple of... Read More »Schedule a demo
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