• 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... Read More »
  • Near-Stabilized AL/MC Community Lands Refinance

    Carnegie Capital closed a bridge refinance for a 50-unit assisted living/memory care community in the Houston, Texas MSA. Four years ago, the property was bought by a California-based operator with a growing footprint in Texas. Performance was approximately two to three months from stabilization, but with the acquisition loan maturity looming, a... Read More »
  • Record-Setting HUD Express Lane Application to Commitment

    Cambridge Realty Capital provided a $6.15 million loan to refinance Avalon Memory Care Keller, a 50-bed stand-alone memory care community in Keller, Texas (Dallas-Fort Worth MSA). The fully amortized, 35-year HUD loan was provided for the owner, a Texas limited liability company, that wished to recast bank debt into a long-term non-recourse... Read More »
  • Large Healthcare Owner Receives Financing

    An owner of more than 80 healthcare properties spanning nine states secured bridge and working capital financing for its skilled nursing portfolio in Washington. The financing includes a $40 million bridge loan and a $6 million working capital line of credit, with a 36-month initial term. MONTICELLOAM provided the funding. Read More »
  • 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... Read More »

Receivership Sale of Standalone Memory Care Community Closes

Senior Living Investment Brokerage’s Southeast closings continued with the sale of Westminster Memory Care in Lexington, South Carolina. Built in 2020, the Class-A community features 48 units of memory care and high-end finishes. It is set on 6.3 acres, which provides an opportunity for expansion under new ownership. Also, at the time of the sale, the community was fully stabilized, so an expansion may be a good move. It was developed using bond financing, and the original owner was a Southeast-based developer. But the community was under receivership. The asset received significant interest from buyer groups, and the receiver seller, Trinity Investors, got more than eight qualified... Read More »
CCRCs Near Major Hospital Systems Trade Hands

CCRCs Near Major Hospital Systems Trade Hands

Evans Senior Investments sold a CCRC portfolio in Delaware. Dubbed Project Port, the deal consisted of three CCRCs in Wilmington: Foulk Living, Millcroft Living and Shipley Living, totaling 238 licensed skilled nursing beds and 279 senior housing units. The campuses are also located near five major hospital systems and are well positioned to capture a dominant share of the regional Medicare market. An institutional owner purchased the assets for $135,000 per bed, and partnered with an East Coast-based operator. Read More »
AL/MC Community Sale Presents Stabilization Opportunity

AL/MC Community Sale Presents Stabilization Opportunity

JLL Capital Markets announced it has arranged the off-market sale of Laguna Estates Senior Living, a 168-unit seniors housing community in Carlsbad, California. Built in phases from 1987 to 1995, the community has a mix of assisted living and memory care units spread over four single-story and three-story buildings. It was just 46% occupied at the time of the deal. The buyer was Sunny Hills Management Company. JLL’s Seniors Housing Capital Markets team representing the seller was led by Senior Managing Director Aaron Rosenzweig and Senior Director Dan Baker. Read More »

Another Amira Choice Community Sells

The Goodman Group made another seniors housing purchase, acquiring Amira Choice Sarasota in Florida. Built in 2020, this community has 198 units of independent living, assisted living and memory care on 11 acres. It has luxury amenities, including an outdoor heated pool, fitness studio, piano lounges, art studio and gallery, yoga space, a pet park, therapy gym, salon and spa. The seller was United Properties, and the community will be renamed Legends of Sarasota. Brooks Blackmon and Lauren Nagle of Blueprint handled the transaction. In August 2025, Blueprint had also sold the 128-unit Amira Choice Naples to REDICO and American House. Details of that... Read More »
Large Portfolio Trades in Upstate New York

Large Portfolio Trades in Upstate New York

We heard rumblings of a large portfolio of upstate New York independent living communities selling, and the deal closed right before Christmas. Jeff Binder, Ryan Saul and Dave Balow of Senior Living Investment Brokerage handled the transaction, working on behalf of the receiver.  Located in the Rochester MSA, the five communities were built between 2000 and 2008 and consisted of 701 units on 15 total acres. After procuring multiple offers from national and regional buyers, SLIB sold the portfolio to an out-of-state private equity group that partnered with a New York-based operator.  On December 23, Cougar Capital Management announced on LinkedIn that it closed the $71... Read More »
Property/Asset Management Firm Buys SH Community

Property/Asset Management Firm Buys SH Community

JLL Capital Markets arranged the sale of Laguna Estates Senior Living, a 168-unit assisted living/memory care community in Carlsbad, California. JLL’s Senior Housing Capital Markets team, led by Aaron Rosenzweig and Dan Baker, represented the seller in the transaction. Sunny Hills Management Company purchased the asset for an undisclosed amount. Laguna Estates Senior Living features four single-story and three-story buildings. Amenities include an activities room, beauty salon, billiards room, dining room, fitness center, movie room, piano room, putting green and swimming pool with hot tub. Services are also available for transportation, housekeeping and support... Read More »