Seniors Housing and Care M&A Activity Remains Strong Through Q3:25, Suggesting Another Potential Record Year
The number of publicly announced seniors housing and care acquisitions in the third quarter of 2025 totaled 205 deals, based on new acquisition data from LevinPro LTC. This represents a 13% increase from the 182 transactions disclosed in the second quarter of 2025 as well as from the 182 deals in Q3:24. Additionally, the $3.47 billion spent on Q3:25 transactions fell by 36% from the $5.42 billion spent on Q2:25 transactions, and rose by 14% from the $3.05 billion spent in the year-ago third quarter, based on disclosed prices. Publicly announced acquisitions were fairly evenly distributed across the quarter, with July and August each recording 66 transactions and September contributing 72.... Read More »
REIT Acquires Full-Continuum Community
Amy Sitzman and Giancarlo Riso of Blueprint facilitated the sale of a full continuum, Class-A asset in North Ogden, Utah. Opened in 2019, The Lodge at North Ogden has 22 independent living, 70 assisted living and 30 memory care units. The community exhibited consistently strong cash flow and historically successful operations. Plus, there is expansion potential through the ability to develop 26 independent living cottages. During the marketing process, the outgoing operator made some adjustments to the go-to-market strategy that resulted in a drop in occupancy and a shift in overall performance metrics. Despite this, the process generated nine competitive offers after emphasizing the... Read More »
Joint Venture Continues to Grow Its Portfolio
Blueprint represented a large, institutional private equity firm in its divestment of an assisted living and memory care community, which Benchmark Senior Living and National Development ultimately acquired. Built in 2013, the 85-unit Arbor Terrace Roseland is in Roseland, New Jersey, near New York City. It was over 91% occupied with an EBITDAR margin of around 30% at the time of the sale. The asset has historically demonstrated resilient performance with occupancy in the mid-80s and healthy margins dating back to 2019. Steve Thomes, Korzy Buzin, Brooks Blackmon and Lauren Nagle handled the sale, and Synovus Bank provided acquisition financing. This purchase expands Benchmark’s Garden... Read More »
LTC Properties Divests More SNFs
LTC Properties has completed its effort to divest seven skilled nursing facilities after one of its top 10 operating partners decided it was not renewing its master lease for these facilities, instead choosing to downsize and exit some states. In early October, the REIT announced that it sold two of the skilled nursing facilities in Florida for $42 million, or $175,000 per bed, with expectations of a gain on the sale of approximately $26 million. The company more recently announced that it completed the sale of the other five facilities. The four Virginia SNFs sold for $51 million and the California asset sold for $29 million. LTC Properties expects a gain on this sale of... Read More »
