• Blueprint Sets Pricing Record in New York State

    Blueprint advised a repeat private equity client in a record-setting sale of two standalone memory care communities in high barrier-to-entry submarkets in New York State. Combining for 104 units, these assets were purpose-built in the late 1990s and were stabilized at the time of the deal. Not only that, they were generating cash flow in excess... Read More »
  • CareTrust Keeps Its Foot on the Gas

    CareTrust REIT has deployed nearly $1 billion in closed transactions so far this year, after closing around $1.8 billion in investment activity in 2025, and its pipeline includes $450 million of near-term, actionable opportunities, excluding larger portfolio transactions. The REIT announced that it closed a few separate transactions in mid-April,... Read More »
  • VIUM Capital Announces Slew of HUD Closings

    VIUM Capital closed four HUD 232/223(f) financings in March totaling more than $63 million across a mix of skilled nursing and seniors housing communities. Two of the financings involved skilled nursing facilities in Oklahoma totaling 176 beds. The assets were originally acquired as part of a larger portfolio and refinanced following a... Read More »
  • Lument Secures HUD Express Lane Transaction

    Lument closed a refinance through HUD’s Express Lane for a 120-unit seniors housing community in Lincoln, Nebraska. Built in 2017, Pemberly Place Senior Living features 132 licensed beds and offers independent living, assisted living and memory care services. It also has an on-site medical clinic to offer a range of other healthcare services. The... Read More »
  • CBRF Trades in Wisconsin

    A community-based residential facility in southern Wisconsin came under new ownership. The seller had acquired the facility a couple of years ago and brought it to stabilization. They also conducted renovations in 2025 on the physical plant, which was originally built in 2001. The ultimate buyer was a Midwest ownership group that was looking to... Read More »
Civitas Sells Community to Clarion

Civitas Sells Community to Clarion

Hap Knowles and Nick Stahler of the Knapp-Stahler Group at Institutional Property Advisors announced that they led the sale of a seniors housing community in the Phoenix, Arizona MSA, to the fast-growing real estate investment firm Clarion Partners. The deal appears to be The Retreat at Alameda, a 110-unit assisted living/memory care community in Phoenix that will be taken over by Stellar Senior Living as the operator.  The Retreat at Alameda broke ground in 2019, with Paradigm Senior Living operating the community upon opening in 2020. It was apparently approaching stabilized occupancy and positive cash flow, but it was not stabilized nor a cap rate deal. Knowles and Stahler... Read More »
Blueprint Handles Recapitalization

Blueprint Handles Recapitalization

Blueprint handled the recapitalization of Forest Hills Commons, a 2017-developed, 119-unit assisted living/memory care community in the Louisville, Kentucky MSA. A Louisville-based senior living owner/operator/developer engaged Blueprint in the third quarter of 2025 to begin the process. The asset demonstrated strong in-place performance and attractive RevPORs. But there is still occupancy and rate-driven NOI upside for the buyer, an active public REIT that will retain Triple Crown Senior Living as the operator under a RIDEA structure. Kyle Hallion, Connor Doherty and Ryan Kelly handled the process, which was highly competitive with significant interest from public REITs, regional... Read More »
Ciel Senior Living Takes Over Former Brookdale Communities

Ciel Senior Living Takes Over Former Brookdale Communities

The management of eight senior living communities owned by Janus Living, Healthpeak Properties’ spinoff REIT, recently transitioned from Brookdale Senior Living to Ciel Senior Living. The properties are part of a larger 19-asset portfolio that Healthpeak Properties and a sovereign wealth fund owned, but Healthpeak acquired its joint venture partner’s interest and decided to transfer management from Brookdale to both Ciel and Pegasus Senior Living.  The 19 assets encompass 3,355 units, with independent living units representing approximately 73% of the total. The portfolio was 81.7% occupied as of the fourth quarter of 2025. The new management contracts include performance incentives,... Read More »
Healthcare REIT Divests SNF to In-Place Operating Partner

Healthcare REIT Divests SNF to In-Place Operating Partner

Senior Living Investment Brokerage returned to West Des Moines, Iowa, to sell a skilled nursing facility that it had previously sold in 2019. A healthcare REIT was the buyer back then and is now selling the facility to its in-place regional operating partner. Built in 2004, Arbor Springs features 56 beds on an attractive four-acre campus about 10 miles west of downtown Des Moines. Although it is licensed as a skilled nursing facility, it focuses on providing memory care services. Jason Punzel, Nick Cacciabando and Jeff Binder handled the transaction. Read More »
Out-of-State Owner Divests to Investor

Out-of-State Owner Divests to Investor

A couple of assisted living and memory care communities in Eastern Tennessee recently traded hands. The two properties comprise more than 100 units. A Chicago-based investor aligned with the seller’s long-term vision for the communities acquired the assets, and partnered with a regional operator that was looking to grow their presence in the state. Evans Senior Investments handled the sale, representing the out-of-state seller in the deal. Read More »

CFG Hit the Ground Running in Q1

Capital Funding Group wasted no time in the first quarter, closing $428.9 million in total financing. The transactions spanned skilled nursing, assisted living, independent living, memory care, behavioral health, multifamily and commercial lending on behalf of nationally recognized borrowers. Some highlighted transactions include: ● A $17.6 million acquisition bridge loan for the financing of a 120-bed skilled nursing facility in Nevada, for an existing client. Patrick McGovern and Ryan Hunsicker originated the deal. ● A $9.0 million HUD loan for the refinancing of a 70-bed skilled nursing facility in Montclair, New Jersey. Tommy Dillon originated the deal. ● $42.9 million in financing for... Read More »