• Frank Cassidy Officially Nominated as FHA Commissioner

    Frank Cassidy, most recently a Walker & Dunlop senior managing director of Federal Housing Administration (FHA) Finance where he originated loans for multifamily, nursing home and seniors housing properties, has been officially nominated by President Trump as Assistant Secretary of Housing and Federal Housing Commissioner at the HUD. He... Read More »
  • Local Operator Acquires Vacant Seniors Housing Community

    Senior Living Investment Brokerage facilitated the sale of a recently renovated, vacant seniors housing community in Sandy, Oregon. Built in 1962 and renovated in 2022, Mount Hood Senior Living features 44 assisted living and memory care units with 50 beds. It is situated on a 2.35-acre campus with 26,000 square feet.  This was the seller’s only... Read More »
  • Ohio IL Community Trades for Value-Add AL Conversion

    Blueprint was engaged in the sale of a 110-unit seniors housing community in Perrysburg, Ohio. It operated as an independent living community, but was positioned for conversion to assisted living, with a focus on serving waiver-eligible residents. Ben Firestone, Connor Doherty and Ryan Kelly handled the transaction. A buyer with a proven track... Read More »
  • Acquisition Financing Arranged for Regional Owner/Operator

    Ziegler announced its role as the capital structure advisor and hedge advisor in the placement of a $52.5 million acquisition loan on behalf of a regional owner/operator. The acquisition financing was used to acquire five enhanced independent living communities in Michigan. The portfolio surrounds the Detroit, Michigan MSA, and has a total of 631... Read More »
  • Oregon AL Community Secures HUD Refinance

    In May 2025, Berkadia closed a $7.6 million 232/223f HUD loan to refinance Whitewood Gardens, a 39-unit assisted living community built in 2013 in Portland, Oregon. The fully amortizing, 35-year term represents 78% LTV and allowed the sponsor to avoid a loan maturity.  Ed Williams and Rob Affleck handled the transaction. Early in the... Read More »
Greystone Provides Bridge Loan for Affordable Seniors Community

Greystone Provides Bridge Loan for Affordable Seniors Community

Greystone provided a $40 million bridge loan to acquire and rehab a seniors housing community in The Bronx, New York. The financing was originated by Senior Managing Director Eric Rosenstock and Executive Vice President Jeff Englund on behalf of a joint venture between Scott Jaffee of Metropolitan Realty Group and Leo Friedman of Citadel Care Centers. Built in 1969, Kittay House comprises 295 affordable seniors units with social, recreational, and educational programs on-site as well as meals, housekeeping and easy access to healthcare and supportive services. Greystone’s interest-only non-recourse bridge loan carries a 24-month term with two six-month extension options. Read More »
Seniors Housing and Care M&A Activity Inches Up in Q2:25 but Lags Behind Q2:24

Seniors Housing and Care M&A Activity Inches Up in Q2:25 but Lags Behind Q2:24

The number of publicly announced seniors housing and care acquisitions in the second quarter of 2025 totaled 181 deals, based on new acquisition data from LevinPro LTC. This represents a 1.1% increase from the 179 transactions disclosed in the first quarter of 2025, but a 3.2% decrease from the 187 deals in Q2:24. Additionally, the $5.68 billion spent on Q2:25 transactions fell by 2.7% from the $5.84 billion spent on Q1:25 transactions, and rose by 134.7% from the $2.42 billion spent in the year-ago first quarter, based on disclosed prices.  Stripping foreign transactions from the totals of publicly announced transactions, the second quarter of 2025 saw 133 U.S. deals, or 532 on an... Read More »
Local Investor Partnership Divests to Ensign in Texas

Local Investor Partnership Divests to Ensign in Texas

Daniel Morris of Plains Commercial Real Estate arranged the off-market sale of a 124-bed skilled nursing facility in Duncanville, Texas, that was owned by a partnership of local investors. The building was leased to a national operator, which has managed the facility since its construction in 2009. The asset sold six weeks after execution of the purchase and sale agreement, with a long-term lease in place with the current operator. The Texas Broker of Record was DuWest Management Services, Inc.  The Ensign Group announced that it acquired the real estate of Duncanville Healthcare and Rehabilitation Center through a subsidiary of Standard Bearer Healthcare REIT. This facility also... Read More »
Leo Brown Group Divests Class-A Community in Cincinnati MSA

Leo Brown Group Divests Class-A Community in Cincinnati MSA

Berkadia sold a 146-unit seniors housing community in the Cincinnati, Ohio MSA, on behalf of the seller, Indianapolis-based Leo Brown Group, which originally built the community. Built in 2021 with 52 independent living, 64 assisted living and 30 memory care units, it was 95% occupied as of June 30, 2025, with the memory care portion fully occupied. A longtime owner of seniors housing communities bought the property on July 1, for an undisclosed price. Traditions Management will stay on as the operator. Read More »
Regional Portfolio Changes Hands

Regional Portfolio Changes Hands

Blueprint announced two closings, with one in the Southeast and one in Pennsylvania. First, not-for-profit Ballad Health divested its senior care portfolio that was geographically concentrated in Eastern Tennessee and Southwest Virginia. The portfolio included four assets with regional concentration along the border of Tennessee and Virginia, including three skilled nursing facilities and one assisted living community, totaling 402 licensed beds. The portfolio presented an attractive opportunity for a regional-based owner/operator to achieve immediate scale with operational upside, while capitalizing on the strong referral relationships through the seller’s broader acute care health... Read More »
Cima Investment Group Acquires AL/MC Portfolio

Cima Investment Group Acquires AL/MC Portfolio

SVN Senior Living Advisors announced the successful sale of a three-property assisted living and memory care portfolio in the Houston, Texas MSA. The transaction was completed on behalf of a national financial institution. The three properties comprise more than 200 units.  Managing Director Josh Salzman led the transaction, supported by John Klement, Don Husi and Aaron Thompson. The assets attracted multiple qualified offers and ultimately sold for an undisclosed amount. Cima Investment Group (and its affiliated operating company, Cima Senior Living), a fully integrated investment platform focused on senior living, was the buyer. It is led by industry veterans and is known for its... Read More »