Off-Market Transaction Closes in California
JCH Senior Housing Investment Brokerage was engaged in the sale of a well-established assisted living/memory care community with 86 units and 100 beds in Inland Empire, California. JCH was tasked with confidentially marketing the community to a select group of qualified buyers. There were multiple qualified offers, with a local operator being selected for its alignment with the seller’s values and its portfolio of seniors housing communities in the region. The buyer acquired the community for $14.125 million, or $164,200 per unit. The intent is to maintain current operations while enhancing resident experience and operational efficiencies. Both parties were represented by Cindy... Read More »
O&M Investments Acquires Nebraska Senior Care Portfolio
O&M Investments, LLC, led by Nick Martinez and Todd Okum, has expanded its footprint into Nebraska through an acquisition of a senior care portfolio. The seller was a mom & pop seeking an exit from the industry. Built in the 1970s and 1980s, the six senior care facilities are located in the Omaha MSA, comprising around 350 skilled nursing beds and approximately 60 assisted living beds. They were operating at near-breakeven at closing, with O&M increasing census since then. This purchase brings O&M’s total owned/operated facilities to 96 across 12 states. The facilities will now be managed by a seasoned regional operator. Read More »
Senior Care Portfolio Secures Acquisition Financing
First Citizens Bank’s Healthcare Finance business helped to arrange $270 million in financing to support the acquisition of 30 senior care facilities across Idaho, Oregon, Washington, Montana and Arizona. The portfolio includes 15 skilled nursing facilities, and seven senior care campuses that feature skilled nursing beds as well as independent living and assisted living units. There are 1,584 skilled nursing beds, 90 assisted living units and 450 independent living units. The buyer is a real estate investment group that specializes in the post-acute sector. The properties have been, and will continue to be, operated by Cascadia Healthcare and its affiliate, Olympus Retirement... Read More »
New Perspective Adds Five Minnesota Locations
Minnetonka, Minnesota-based New Perspective Senior Living added five communities to its portfolio in the first half of 2025, significantly expanding its presence in the state. Each community is located in a suburb of Minneapolis/St. Paul, including in White Bear Lake, Oakdale, Golden Valley, Rosedale and Minnetonka. They all provide assisted living and memory care services. Two of the locations (White Bear Lake and Oakdale) were formerly under The Waters Senior Living brand, while the remaining three were previously Sunrise Senior Living properties. The additions bring New Perspectives’ portfolio to 45 communities across Minnesota, North Dakota, Wisconsin, Illinois, Indiana, Ohio,... Read More »
Ziegler Completes Christian Horizons Sale
The bankruptcy sale of Midwest Christian Villages (dba Christian Horizons) has finally come to a close with the sale of the final two seniors housing assets in the portfolio. The majority of the company’s other assets closed in multiple transactions earlier this year. Congratulations to Nick Glaisner and Ryan Anders of Ziegler for seeing the whole deal over the finish line. Christian Horizons, one of the nation’s largest not-for-profit, faith-based organizations delivering skilled nursing, assisted and supportive living, independent living, and pharmacy services to seniors in Illinois, Iowa, Indiana and Missouri, filed voluntary petitions for reorganization under Chapter 11 of the U.S.... Read More »Schedule a demo
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