Seniors Housing Deals Close Across Several Markets
Coming off of a successful 2025 with 32 separate transaction closings totaling more than $900 million in volume, the Walker & Dunlop investment sales team is off to a strong start in 2026 with a number of seniors housing and healthcare real estate transactions closed in the first quarter, so far. The deals spanned several markets, and the entire seniors housing spectrum, and include transactions in Michigan, Massachusetts, Louisiana and Wisconsin, as well as a two-property transaction in Ohio. Plus, the team provided advisory services on a skilled nursing transaction in the St. Louis MSA. The deals all included value-add, private client-owned communities. The buyers were also primarily... Read More »
Selectis Health Divests Two SNFs to Journey
Selectis Health is selling two skilled nursing facilities in Georgia to the skilled nursing operator Journey. The deal included the 101-bed Glen Eagle Healthcare in Abbeville and the 100-bed Rehab and Eastman Healthcare and Rehab in Eastman. Journey-affiliated entities will purchase the pair for $15.7 million, or $78,100 per bed, subject to customary prorations and adjustments. Selectis also signed an operations transfer agreement with Journey-affiliated entities to transition management of the two facilities. Read More »
Sonida Closes CNL Acquisition, Reports Q4 Results
On the same day as fourth quarter and year-end 2025 financial results were announced, Sonida Senior Living closed on its previously announced acquisition of CNL Healthcare Properties (CNL). The transaction value was approximately $1.8 billion and included a combination of cash (32%) and stock (68%). Because Sonida’s share price had risen above the upper collar price since the transaction was announced, Sonida issued about seven million fewer shares to the CNL shareholders than was originally anticipated. For existing Sonida owners, this was great since it cut the dilution. Some industry observers were not happy with the deal, believing that Sonida paid a hefty price. One counter to that... Read More »
Investor Acquires Struggling Las Vegas AL/MC Asset
A Utah-based investor is taking on a seniors housing community located in a strong MSA but that was 40% occupied and losing money. Amy Sitzman and Jake Rice of Blueprint were brought on to handle the seller’s divestment, with the turnaround opportunity generating strong investor interest. Ultimately, six competitive offers were received from a mix of private equity groups, family offices and high-net-worth investors. Built in the late 1990s, the community features 121 assisted living and memory care units. It sits in the Las Vegas, Nevada MSA, and marks the buyer’s entrance into the market. It appears to be Escalante at The Lakes, which was acquired by MedCore Partners in 2022 as... Read More »
12 Oaks Senior Living Expands Its Management Portfolio
12 Oaks Senior Living has expanded its senior living portfolio, re-entering the Baytown, Texas, market (Houston MSA), after being brought on by an investor to manage The Lodge at Pine Creek. This marks the second community the operator will manage on behalf of the buyer. Built in 2021, the property includes 10 independent living cottages with two units in each, 107 independent living apartments, 60 assisted living units and 30 memory care units. At the time of sale, the community was below 60% occupied and operating at a loss. It is the newest and largest full-continuum community in the market, and the only to offer cottages, which should help attract seniors as the operator works... Read More »Schedule a demo
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