Cross River Bank Closes Large Acquisition Loan
Cross River Bank recently closed a large acquisition loan for a portfolio of seven skilled nursing facilities and one assisted living community in Georgia, Tennessee and Missouri. Raina Yoo was the Loan Officer on the transaction. The portfolio features a total of 1,339 licensed beds, and occupancy stood at 88%, overall. Read More »
Local Operator Closes Lease-to-Purchase Deal
A skilled nursing facility in Mississippi faced a time-sensitive CHOW with frozen Medicaid rates under appeal after the outgoing operator was planning to leave before the ownership transfer occurred, posing meaningful risk to the facility’s financial performance and operational continuity. The facility was older and around 50% occupied at the time of the management transition, with more than 100 licensed beds and some beds remaining offline. The facility was distressed and operating at a loss. 3G Healthcare Real Estate structured a day-by-day operator extension through a financial incentive and secured a January 1 takeover with a new local operator, avoiding potential negative impacts to... Read More »
Mainstay Senior Living Grows in Georgia
Mainstay Senior Living acquired two seniors housing communities in Savannah, Georgia. The properties are located about five miles apart from each other. Grace Manor Savannah was built in 1997, while Habersham Manor was built in the late-1980s. They feature a total of 143 assisted living and memory care units. Florida-based Mainstay now has 46 communities across the Southeast, including 17 in Florida, 15 in South Carolina, three in Tennessee, two in North Carolina and now nine in Georgia. Dan Geraghty, Brad Clousing and Jeff Binder of Senior Living Investment Brokerage handled the transaction. Read More »
SLIB Shoots Out of the Gates in 2026
On the heels of a prolific 2025, Senior Living Investment Brokerage is starting 2026 strong with a slew of closings across the country. The largest was a portfolio featuring three seniors housing communities in Alaska (two) and Idaho. Totaling 243 units of independent living, assisted living and memory care, the communities were built in the mid-2010s. They are in Kenai and Soldotna, Alaska, and Caldwell, Idaho. Occupancy varied from 73% at the Kenai location to 98% at the Soldotna property and 92% in Idaho. The seller was an experienced seniors housing owner/operator that was looking to focus on its alternative real estate investments. A Utah-based REIT bought the Alaska assets and closed... Read More »Private Equity Firm Divests Portfolio to Chicago Investor
Trinity Investors, a Texas-based private equity firm, sold a 224-unit portfolio of three seniors housing communities in Alabama that it acquired in tranches between 2022 and 2023 with a regional owner/operator. After the portfolio stabilized and capital was injected into the communities, Trinity recapitalized the venture in March 2025 with Kauhale Health as operator. The goal was to accelerate operational performance. Under Kauhale Health, the communities grew census, resident and staff satisfaction, and cash flow. With the turnaround underway, Trinity engaged Helios Healthcare Advisors to run a targeted sales process to capitalize on the performance trend. There was strong interest... Read More »Schedule a demo
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