• Selectis Health Divests SNFs to Journey

    by | May 14, 2026 3:26 pm | Acquisitions

    In January, Selectis Health, Inc. completed the sale of two skilled nursing facilities in Georgia, including 71-bed Providence of Sparta Health & Rehab and 110-bed Warrenton Health & Rehabilitation. The assets sit less than 30 miles apart in Sparta and Warrenton, respectively. The buildings were initially constructed in the 1960s but were... Read More »

  • PE Group Divests to Regional Owner/Operator

    by | May 14, 2026 3:26 pm | Acquisitions

    An East Coast-based private equity group divested two seniors housing communities in Mississippi to a regional owner/operator pursuing expansion across the state. The communities total 108 assisted living and memory care units and offer operational synergies, given their close proximity in Oxford and Southaven. The communities were purpose-built... Read More »

  • T7 Capital Closes Array of Financings

    by | May 14, 2026 3:25 pm | Financings

    Founded in 2025 by Ari Adlerstein and Josh Simpson, T7 Capital announced more than $320 million in recent financings closed across multiple transactions on behalf of healthcare operators and sponsors across the country. They included a combination of refinancings, acquisition loans and working capital facilities for both skilled nursing and... Read More »

  • Two Western Closings from The Zett Group

    by | May 14, 2026 3:23 pm | Acquisitions

    The Zett Group closed a couple of seniors housing sales in the western United States. One deal was in the Reno, Nevada MSA, and featured a 65-unit assisted living/memory care community owned by a regional operator. The community boasted high occupancy and strong revenue, but there was room for improvement on the expense side. A local... Read More »

  • Dwight Capital Announces Q1 Activity

    by | May 14, 2026 3:22 pm | Acquisitions, Financings

    Dwight Capital, its affiliate REIT, Dwight Mortgage Trust (DMT), and Dwight Healthcare Funding (DHF) reported an active first quarter, closing a combined $294 million in senior care financings across a mix of HUD, bridge, and revolving line of credit (RLOC) financings, spanning 11 states. Among the featured HUD transactions was $46.9 million in... Read More »
Evans Senior Investments Closes SNF Sale in Rhode Island

Evans Senior Investments Closes SNF Sale in Rhode Island

by | Apr 29, 2020 12:11 am | Acquisitions

The recent senior care deal drought mercifully ended with a closing from Evans Senior Investments, which seems to have figured out how to get a deal across the finish line these days, closing four SNF transactions so far since the onset of the pandemic. The most recent target was a 57-bed skilled nursing facility in East Providence, Rhode Island. Originally built in 1962, it was acquired by the seller, an East Coast owner/operator, with the intent of moving the licensed beds to another county in the state. However, regulatory hurdles prevented that plan from going forward, so an exit was pursued.   At the time of the sale, the facility was 89% occupied, with a 14% quality mix, but was... Read More »
Ziegler Closes SNF Portfolio Sale

Ziegler Closes SNF Portfolio Sale

by | Apr 17, 2020 6:00 am | Acquisitions

Don Husi, Dan Revie and Tedd Van Gorden of Ziegler represented a not-for-profit owner of three skilled nursing facilities in Delaware in a sale that closed earlier this month. The sales price was $67.0 million, or just over $141,600 per bed/unit. That represents one of the highest prices in the state. The seller was Emerald Shelter Group, a Nashville, Tennessee-based owner of seniors housing, healthcare properties and affordable housing assets in the Midwest and Southeast.   Two of the nursing facilities are located in northern Delaware, in Newark and Wilmington, while the third property is located further south in Lewes. The portfolio includes 430 skilled... Read More »
People’s United Bank Hard at Work

People’s United Bank Hard at Work

by | Apr 16, 2020 3:55 pm | Acquisitions, Financings

The team at People’s United Bank has been very busy in the last month closing acquisition financings, arranging credit lines for hospital clients and processing PPP loans for its customers. In addition to adjusting to new working environments, this meant a lot of late nights and weekend work for the People’s teams.  First, the Healthcare Finance team closed two small loans to support Pinnacle Group’s acquisition of two skilled nursing facilities in Maine, with Claudia Gordon serving as relationship manager on the transaction. The acquisition included a 64-bed facility in North Berwick and an 86-bed facility in Sanford, joining Pinnacle’s 114-bed senior care facility in Canton, Maine... Read More »
Meridian Capital Group Closes Several Financings and a Sale

Meridian Capital Group Closes Several Financings and a Sale

by | Apr 14, 2020 4:14 pm | Acquisitions, Financings

The team at Meridian Capital Group has been hard at work closing a number of transactions in the last few weeks. They have clearly gained some experience on how to get deals done in this COVID-19 environment, which we recently highlighted in a Q&A with Ari Adlerstein, Ari Dobkin and Josh Simpson.  For a total of 13 skilled nursing facilities in four states, the team closed $165 million in transaction volume since the end of March. The largest financing was a $39 million non-recourse loan, with a 10-year term and aggressive pricing from a commercial bank, to refinance two skilled nursing facilities and 240 total beds in Maryland. The Meridian trio also refinanced five skilled nursing... Read More »