• 60 Seconds with Swett: Here We Go Again

    by | May 20, 2026 8:33 am | 60 Seconds, Opinion

    AARP just published a report on assisted living, and all I can say is, here we go again. It concludes that “the state of assisted living today is cause for concern for many stakeholders. The lack of national federal standards for care centers creates an underregulated space.” It continues on, stating that the “absence of national oversight,... Read More »

  • Two Seniors Housing Sales Close

    by | May 20, 2026 8:29 am | Acquisitions

    Senior Living Investment Brokerage is continuing on its hot streak this month, closing two additional deals in Alabama and Florida. In the Alabama transaction, Dan Geraghty and Brad Clousing represented a large national owner/operator that was resizing its portfolio to concentrate on its core market. So, the company divested an assisted... Read More »

  • Selectis Health Exits Georgia

    by | May 20, 2026 8:27 am | Acquisitions

    Selectis Health, Inc. has completed its exit from Georgia with the help of Michael Segal and Daniel Waldhorn of Blueprint. In the beginning of the year, Selectis Health divested Providence of Sparta Health and Rehab and Warrenton Health and Rehab to Journey, also with the help of Segal and Waldhorn (more on that deal can be found here). The... Read More »

  • Joint Venture Divests Third Class-A Asset

    by | May 20, 2026 8:25 am | Acquisitions

    Caddis Partners and Singerman Real Estate have divested another seniors housing community, Heartis Fayetteville. This comes shortly after the joint venture’s sale of Heartis Venice and Heartis Longview. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia Seniors Housing & Healthcare represented the seller in all three... Read More »

  • Bonds Issued for Independent Living Expansion

    by | May 20, 2026 8:24 am | Developments, Financings

    Ziegler closed John Knox Village’s $47.85 million Series 2026A, B-1, B-2 and B-3 bonds issued through the City of Lee’s Summit, Missouri. John Knox Village (JKV), a Missouri not-for-profit corporation, is a CCRC consisting of 1,038 independent living units, 180 assisted living units and 121 skilled nursing beds. This transaction marks JKV’s... Read More »
Assisted Living Purchase in the Idaho Panhandle

Assisted Living Purchase in the Idaho Panhandle

by | Jul 19, 2017 7:00 am | Acquisitions

Jason Punzel and Brad Goodsell of Senior Living Investment Brokerage helped a local operator in Rathdrum, Idaho (in the state’s panhandle) sell their only seniors housing asset. Despite its rural location, the assisted living community operated well. Built in 2005 with expansions in 2007 and 2013, it operated at over a 35% margin on approximately $2.2 million of revenues, and occupancy reached 98%. However, its remote location certainly did not push up the price, as the community sold for $8 million, or a below-average $166,700 per unit. To put it in perspective, the national average price for assisted living, according to the 2017 Senior Care Acquisition Report, is $193,650 per unit. An... Read More »

Ensign Extends Its Reach In Colorado

by | Jul 13, 2017 8:00 pm | Acquisitions

Always a prolific buyer, The Ensign Group is keep up its steady pace of acquisitions in 2017, most recently adding two more communities in Colorado to its portfolio. Already this year, the firm has bought several properties in Texas and Wisconsin, four in Utah and one each in Iowa and Nevada. Now, in Colorado, Ensign purchased two CCRCs: a large 64-acre campus in Thornton with 134 skilled nursing beds, 198 independent living units and 35 assisted living units and a community in Colorado Springs with 60 skilled nursing beds, 64 IL units and 44 AL units. Previously operated by a faith-based not-for-profit, CHI Living Communities, we imagine the properties could improve their operations. At... Read More »
Griffin-American Closes First Tranche of California Senior Portfolio Deal

Griffin-American Closes First Tranche of California Senior Portfolio Deal

by | Jul 12, 2017 7:00 am | Acquisitions

Griffin-American Healthcare REIT IV closed the first of two tranches for an eight-property seniors housing acquisition in Northern California, bringing the REIT’s total to 27 medical office and seniors housing properties since its first acquisition in June 2016. Located in high-barrier-to-entry markets in California, these communities were owned by affiliates of Nazareth Healthcare, Inc. and featured 327 units of assisted living, memory care and skilled nursing.The portfolio was fully occupied, certainly adding to its appeal. Built on average 43 years ago (although with renovations since), the first tranche of properties included a 22-unit memory care community in Menlo Park, a 65-unit... Read More »
Chicago Pacific Founders All-In in Las Vegas

Chicago Pacific Founders All-In in Las Vegas

by | Jul 7, 2017 7:01 am | Acquisitions, Financings

For the third time in the firm’s three-year history, Chicago Pacific Founders is acquiring a senior living community in the Las Vegas market, with the help of financing arranged by Aron Will of CBRE. Located about 13 miles west of the Strip (and 3.5 miles northwest of Spring Valley Medical Center), the community features 160 units of about 80% independent living and 20% assisted living. Built in 1999, it will be operated by Grace Management, which believes it can improve on the census and operations. Mr. Will originated a $13.5 million Fannie Mae loan, with a seven-year term and 3.5 years of interest only, on behalf of CPF’s private equity arm, CPF Living Communities. One of CPF’s other... Read More »