Blueprint Facilitates Sale of New IL Community in Ohio
Blueprint Healthcare Real Estate Advisors helped sell a brand-new seniors housing community, closing the deal upon Certificate of Occupancy. Michael Segal, Connor Doherty and Ryan Kelly, plus Alex Florea of Capital Markets, handled the transaction. Developed adjacent to the POLARIS Commerce Center in Columbus, Ohio’s largest mixed-use development, the community is purpose-built as a four-story, 136-unit independent living community. Plus, the top floor was built to assisted living licensing specifications, leaving the option for the future. Graziano Construction and Development Company, Inc. developed the community in collaboration with Sweetbay Senior Living. Simultaneously with the... Read More »
Senior Living Investment Brokerage Sells Ocala-Area Portfolio
Bradley Clousing and Jeff Binder of Senior Living Investment Brokerage facilitated the sale of three assisted living/memory care communities in the Ocala, Florida area. These communities combine for a total of 144 units and 198 beds. The Belleview and 24th Road locations provide memory care services across 41 units and 42 units, respectively, while the Deerwood community has 61 assisted living units. They were operating well, and the in-place operator, which was clearly going a good job, emerged as the buyer in a fee-simple transaction. They beat out multiple offers from both regional and national buyers in the process. Read More »
Ziegler Represents CJE SeniorLife in SNF Sale
Cascade Capital and Legacy Healthcare are acquiring a large skilled nursing facility in Skokie, Illinois, with Ziegler’s Dan Revie and Tedd Van Gorden representing the seller, CJE SeniorLife, in the transaction. Opened in 1981, the seven-story building has all private rooms, with 216 dually certified and 24 set aside for just Medicare patients. CJE Senior Living, in partnership with the Jewish Federation of Metropolitan Chicago, and Cascade/Legacy signed a letter of intent in February 2021 and closed the deal at the end of July. The purchase price was not disclosed. Read More »
Integral Senior Living Adds Nine Communities
Integral Senior Living (ISL) assumed the operations of nine senior communities as of August 1. The communities are diversified across seven states. Caddis owns two of the communities in Georgia (both operating under the Heartis brand), Steadfast Companies owns a property each in California and Kentucky, Investcor Development owns one in Nevada, and Imprint Property Group owns four of the communities: two in Oklahoma, one in Kansas and one in Colorado. ISL, a California based operator, maintains over 89 independent living, assisted living, and memory care locations across 23 states. It is not just in growth mode, as the company recently sold the operations of The Shores at Clear Lake in... Read More »
Senior Living Investment Brokerage Sells Ocala-Area Portfolio
Bradley Clousing and Jeff Binder of Senior Living Investment Brokerage facilitated the sale of three assisted living/memory care communities in the Ocala, Florida area. These communities combine for a total of 144 units and 198 beds. The Belleview and 24th Road locations provide memory care services across 41 units and 42 units, respectively, while the Deerwood community has 61 assisted living units. They were operating well, and the in-place operator, which was clearly going a good job, emerged as the buyer in a fee-simple transaction. They beat out multiple offers from both regional and national buyers in the process. Read More »Schedule a demo
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