• 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 »
CareTrust REIT Makes a Portfolio Acquisition in Texas

CareTrust REIT Makes a Portfolio Acquisition in Texas

Three Orchard Park assisted living communities in Texas sold with the help of CBRE National Senior Housing. The portfolio consisted of 270 assisted living and memory care units. Orchard Park at Victory Lakes and Orchard Park at Southfork are located in Houston, while Orchard Park of Kyle is located within the Austin MSA. Occupancy was around 86%. CareTrust REIT paid $39.85 million, or $147,600 per unit, funding the deal with cash on hand. The REIT expects the portfolio to deliver a going-in yield of approximately 7%. The seller was represented by the CBRE National Senior Housing team led by John Sweeny and Aron Will. Sinceri Senior Living took over the... Read More »
American Healthcare REIT’s 2025 Investment Highlights

American Healthcare REIT’s 2025 Investment Highlights

American Healthcare REIT closed over $950 million of new acquisitions in 2025, with no further acquisitions expected to close before year-end. All of the new acquisitions are concentrated in its operating portfolio, which consists of the Integrated Senior Health Campuses and Senior Housing Operating Properties segments, which have driven AHR’s strong operating momentum and growth in 2025. Entering the new year, these segments remain the company’s main focus for new external growth as it looks to further expand with its operating partners. In 2025, approximately $370 million of acquisitions were completed within its ISHC segment, and approximately $590 million within its SHOP... Read More »
National Health Investors’ New Investments

National Health Investors’ New Investments

A publicly traded REIT based in Murfreesboro, Tennessee, acquired two assisted living and memory care communities and closed two loan agreements, investing $89.2 million, including transaction costs, across the four separate deals at an average initial yield of 8.02%. National Health Investors purchased a 107-unit AL/MC community in Jamison, Pennsylvania, that is operated by Priority Life Care. It appears to be The Bridges at Warwick, and Priority will remain in-place, marking a new relationship with NHI. The sales price was $52.1 million, or $486,900 per unit, including transaction costs. The community is leased pursuant to a five-year term with an initial lease rate of 8.00%... Read More »
NFP Acquires Hamilton Insurance Agency

NFP Acquires Hamilton Insurance Agency

NFP, an Aon company and property and casualty insurance broker and benefits consultant, expanded its risk management and integrated benefits administration capabilities through the acquisition of Alan J. Zuccari, Inc., doing business as Hamilton Insurance Agency, a P&C broker and benefits administration provider in Fairfax, Virginia.  During the transition, Alan Zuccari, President, CEO and Founder of Hamilton, will serve as Chairman Emeritus, while Joe Zuccari, Executive Vice President, Life and Health, will join NFP as Senior Vice President. Jason Zuccari will maintain his Managing Director title and spearhead efforts to lead the new vertical at NFP. All three... Read More »
JV Acquisition Supported by Structured Capital Stack

JV Acquisition Supported by Structured Capital Stack

After Verdot Capital announced that they partnered with 12 North Capital to purchase Cascades of Grants Pass (a 64-unit full-continuum community in Grants Pass, Oregon), Blueprint revealed that it structured the capital stack for the acquisition. Kristen Ahrens and Pat Maloney presented the transaction to more than 50 capital sources, leading to several parties showing interest.  Both the debt and preferred equity were sourced on behalf of the experienced GP borrower. Blueprint targeted regional/national banks, life companies and private lenders for the debt, with a large regional bank winning the debt as a result of their strong terms and pricing, which... Read More »
New Owner/Operator Advances Growth Plan

New Owner/Operator Advances Growth Plan

Shortly after its November acquisition in Dallas, Texas, Unbridled Living acquired another seniors housing community, this time in North Carolina. This is the company’s third acquisition, all of which have been completed in under a year, and it currently has three additional acquisitions under contract scheduled to close in Q1:26 (see the details on its first and second acquisition on LevinPro LTC). The company is targeting the middle market, with a goal of delivering strong care at an affordable price point while operating profitably.  Built in 1981 and 1998 and renovated in 2021, Heritage Place of Fayetteville features 137 independent living and... Read More »