Ensign Increases Its Footprint in Three States

Ensign Increases Its Footprint in Three States

The Ensign Group and its captive real estate company, Standard Bearer Healthcare REIT, are already off to a strong start this year, announcing a slew of acquisitions that were effective February 1. In one of the transactions, Ensign purchased Agave Grove Post Acute’s operations, subject to a long-term, triple-net lease with a third-party landlord. The skilled nursing facility features 225 beds in Glendale, Arizona.  Also, Ensign and Standard Bearer acquired the real estate and operations of three skilled nursing facilities that sit in Texas, in three separate transactions. Sunset Valley Rehabilitation and Healthcare Center is an 80-bed facility in Littlefield (Lubbock MSA). The two... Read More »
Colorado-Based Owner/Operator Expands

Colorado-Based Owner/Operator Expands

Vince Viverito, Jason Punzel, Jake Anderson and Taylor Graham of Senior Living Investment Brokerage sold a seniors housing community in Arvada, Colorado, representing a single-asset owner/operator who was looking to retire. The Oberon House was built in 1970 and renovated in 1997. It features 60 units of independent living and assisted living and was very well occupied, at 97%. The operating margin stood at a solid 25%, based on $3.27 million of revenues.  After receiving multiple offers, the seller chose another Colorado-based owner/operator with a portfolio of communities in the state. They paid $9.7 million, or $161,700 per unit, with an 8.6% cap rate. Read More »
Not-for-Profit Acquires Underperforming CCRC

Not-for-Profit Acquires Underperforming CCRC

A not-for-profit seller that built, owned and operated Arbutus Park Retirement Community recently divested the asset to another not-for-profit with the help of Toby Siefert of Senior Living Investment Brokerage. The established senior care provider/buyer, which is based in Pittsburgh, Pennsylvania, intends to continue to invest in the community. The offering was marketed in the spring of 2025.  Located in Johnstown, Pennsylvania, in the Pittsburgh MSA, the Type-A CCRC offers 90 independent living units, 32 personal care units and 141 skilled nursing beds. The independent living cottages are known as Arbutus Park at Parker Ridge. Built from 1974 to 2021, the asset grew to include... Read More »
Capital Funding Group’s 2025 Financing Volume

Capital Funding Group’s 2025 Financing Volume

Capital Funding Group executed more than $3.1 billion in financings in 2025, representing a 121% increase in financing volume compared to $1.4 billion closed in 2024. Of the total, $2.2 billion was healthcare-related. The annual total comprises 175 deals, including 54 healthcare and multifamily bridge loans and other lending products, 28 HUD loans, 25 accounts receivable lines of credit and 68 commercial loans. Notably, CFG executed more than $1 billion, or more than 32%, of its annual loan volume in the fourth quarter alone. Details of several notable transactions involving skilled nursing facilities include:  $253.2 million bridge loan for the refinancing of seven skilled nursing... Read More »
60 Seconds with Swett: Values Soar Across All Sectors

60 Seconds with Swett: Values Soar Across All Sectors

We have been hard at work collecting and enriching our 2025 M&A data, and many listeners can attest to receiving a number of calls and emails from me over the last couple of months, and the result was the most deals we have ever compiled in any year, as well as the most property financials and cap rates. So a big thank you to all of our industry friends who helped in this effort.  Prices soared in all sectors, and set a couple of records. The average price per unit for assisted living properties reached $268,600, more than $20,000 higher than the previous record set in 2019. The independent living sector also hit new heights, with an average price per unit of $263,600. Average... Read More »
Dwight Capital Announces Q4 Activity

Dwight Capital Announces Q4 Activity

Dwight Capital, its affiliate REIT, Dwight Mortgage Trust (DMT), and Dwight Healthcare Funding (DHF) closed a combined $465 million in skilled nursing financings in the fourth quarter of 2025. The transactions spanned 12 states and included a mix of HUD, bridge, and revolving line-of-credit financings. One notable closing was a $120 million bridge loan provided by DMT to finance five skilled nursing facilities in Florida comprising 795 beds. In the transaction, two facilities were refinanced, and three were acquired. To further support the facilities’ operations, DHF provided a $20 million working capital line of credit in conjunction with the bridge financing. Adam Offman originated the... Read More »