Buyer Adds Fourth Community in Under 12 Months
Unbridled Living completed its fourth acquisition in less than 12 months, adding a second seniors housing community to its Missouri footprint. Built in 2001 and most recently renovated in 2025, The Emerson at St. Peters is an independent living community with 182 units, 20 of which can flex to assisted living. It has been rebranded as Unbridled Living of St. Peters. The community’s physical plant presents well, as the seller invested approximately $10 million into the property over the past five years, primarily focused on common area improvements. At the time of the purchase, the building was 82% occupied, leaving room for operational upside. Margins were already strong, around 34.3% at... Read More »
Regional Operator Acquires Large Multi-State Portfolio
Senior Living Investment Brokerage announced a couple of portfolio deals this week totaling 15 separate properties. The larger deal featured 13 assisted living/memory care communities spread out in Georgia and South Carolina. Built between 1989 and 2014, the buildings have a combined 672 units, with 492 assisted living and 180 devoted to memory care. Brad Clousing, Dan Geraghty and Jeff Binder represented an undisclosed institutional owner in the transaction, creating a national market for the assets and generating significant buyer interest with more than 15 qualified offers. A Southeast-based regional operator emerged as the buyer, with a plan to reposition and stabilize the... Read More »
Oregon and Idaho Communities Sell
Blake Bozett and Spud Batt of The Zett Group sold a 48-unit independent living community in Pendleton, Oregon, on behalf of a local owner/operator who was exiting the business. Built in the 1970s, the community was well occupied but could improve its overall operations. Still, there was positive momentum in the NOI, which rose from $320,000 in the trailing-12 months to $470,000 in the trailing-three months annualized. The property was on the market for only three days, and the deal closed 106 days after LOI execution. A regional independent living owner/operator stepped in to purchase the asset for $5.35 million, or $111,500 per unit, at an 8.8% cap rate based on the trailing-three... Read More »
Owner/Operator Purchases AL/MC Assets from Public Company
A publicly traded company sold its portfolio of eight assisted living/memory care communities located throughout Minnesota and Wisconsin, engaging Blueprint’s Kyle Hallion, Lauren Nagle and Ben Firestone to handle the deal. Each community included a smaller footprint, with 153 units total across the portfolio. The S&P 500 company owner ultimately sold the portfolio to an established owner/operator with an existing Wisconsin presence. That buyer emerged from multiple qualified offers from buyers active in the Midwest. Read More »
Inland Acquires Class-A Asset
Inland Real Estate Acquisitions announced its acquisition of a high-end seniors housing community in Monument, Colorado (between Colorado Springs and Denver). We heard about the Class-A transaction about six weeks prior, when Vince Viverito, Jason Punzel, Jake Anderson and Taylor Graham of Senior Living Investment Brokerage announced their handling of the deal. Built in 2017 within a master-planned development, Jackson Creek Senior Living features 132 units of independent living, assisted living and memory care. It was the only seniors housing community in the builder/seller’s portfolio, but it was a strong operator. Occupancy hit 95%, and the community operated at a nearly 40% margin on... Read More »Schedule a demo
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