Global Investment Firm Re-Enters the Senior Care Industry
Global alternative investment firm Investcorp has re-entered the seniors housing sphere after its exit in 2008. The company has acquired three communities in Massachusetts, California, and New York, all within a short period. The Massachusetts community is in Boston, and it offers both independent living and affordable seniors housing units. It appears to be The Woods at Merrimack in Methuen, which was built in 2018 and includes 102 market-rate units with a separate three-story building that encompasses 38 affordable units. The seller, Sunshine Retirement Living, developed the buildings and will continue to operate them. Investcorp purchased the asset in a joint venture with Capitol... Read More »
Investor Enters Seniors Housing Sector
Stone Brook Assisted Living in the Dallas, Texas MSA, has traded hands from a single-community owner/operator to a regionally-based investor. The seller was looking to enter retirement, and the investor wanted to make their first investment in the seniors housing space. Both seller and buyer agreed to pause the process in Fall 2025 to allow the seller to make some final adjustments, and after picking back up, the transaction moved quickly towards closing. The process was handled by Daniel Morris of Plains Commercial Real Estate. The physical plant sits in Denison, Texas, and presents well. It totals 44 assisted living units with 60 beds. Read More »
Public Company Divests in Arizona
A publicly traded company focused on seniors housing recently divested a community in Mesa, Arizona. The asset features 68 assisted living and memory care units, and offered meaningful upside potential. Amy Sitzman, Kyle Hallion and Jake Rice of Blueprint handled the deal, which saw a competitive process with multiple offers from groups looking to expand in the East Valley. The public company ultimately selected a buyer with an established footprint in the market. Read More »
Owner/Operator Grows Its Seniors Housing Portfolio
1019 Senior Living acquired its second seniors housing community in Ohio, bringing its growing portfolio to six assets. The seller of The Cottages of Clayton was a Tennessee-based skilled nursing provider. Located in Dayton on seven acres, the community consists of six assisted living cottages with 15 units each, totaling 90 beds, and is Medicaid waiver approved. The physical plant presents well, originally built in 2000 with renovations completed in 2024 and 2025. 1019 Senior Living plans to implement light refreshes across the individual cottages. At the time of the sale, the community was 97% occupied, supported by a strong local reputation and steady referral sources, and was... Read More »
Wyoming SNF Sale Sets New State Record
There was a new record set for skilled nursing pricing in the state of Wyoming with the sale of Big Horn Rehabilitation and Care Center in Sheridan. Built in the 1960s, the facility features 128 beds and was 61% occupied. It was owned by a regional operator that was looking to recycle capital. Before the marketing process, Evans Senior Investments was able to identify over $250,000 in potential annual savings on rehabilitation expenses and $87,000 in pharmacy savings. And the firm drove a competitive bidding process that successfully secured a record price of $20 million, or $156,250 per bed, based on the facility’s future stabilized potential rather than its current performance. The deal... Read More »Schedule a demo
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