• Sonida Sees Slight Census Growth

    by | Aug 12, 2025 3:43 pm | Statistics

    Sonida Senior Living continues its upward occupancy march and announced some positive operations news in its latest earnings report, but its growth was curbed somewhat in the second quarter, at least on a year-over-year basis. First, with the good news, Sonida reported the July end of period spot occupancy for the same-store communities was... Read More »

  • Three Separate Deals Close for PA and KY SNFs

    by | Aug 12, 2025 3:41 pm | Acquisitions

    Jeffrey Vegh and Joe Schiff of Forest Healthcare Properties closed three skilled nursing transactions. The first deal involved the sale of two skilled nursing facilities that sit near each other just outside Philadelphia, Pennsylvania. The cash-flowing assets total 242 beds. The seller was a New Jersey-based operator, and the buyer entered the... Read More »

  • Non-Performing SNFs Trade Hands in Miami

    by | Aug 12, 2025 3:41 pm | Acquisitions

    Evans Senior Investments represented a regional, Florida-based owner/operator in the sale of two non-core assets, Pinecrest Rehabilitation Center and Tamarac Rehabilitation and Healthcare Center. That seller was NuVision Management, which commented on the eventual purchase price exceeding its expectations, especially for non-performing... Read More »

  • Independent Living Buyer Plans to Utilize Michigan Choice Waiver Program

    by | Aug 12, 2025 3:40 pm | Acquisitions

    A high-quality independent living community sold in northern Michigan, thanks to Justin Knapp and Jim Knapp of The Knapp-Stahler Group at Marcus & Millichap. Whispering Pines was purpose-built in Lake City with 48 units. It boasted strong in-place occupancy and faced little local competition. Across the 19 acres, there are also wooded walking... Read More »

  • Pennsylvania Portfolio Secures Bridge Loan

    by | Aug 12, 2025 3:39 pm | Financings

    Greystone provided a $64.96 million bridge loan for a senior care portfolio in Pennsylvania comprising three assets with 506 beds. The financing was originated by Christopher Clare, David Young, Ryan Harkins, Ben Rubin, Parker Nielsen and Liam Gallagher. The non-recourse interest-only bridge loan carries a 24-month term, two six-month extension... Read More »
NewPoint’s New Way Forward with CEO Nick Gesue

NewPoint’s New Way Forward with CEO Nick Gesue

by | Sep 6, 2024 3:33 pm | Interviews

NewPoint Real Estate Capital announced its strategic integration of the Alder View Capital (SVC) team into its platform. The move came on the heels of NewPoint’s appointment of AVC’s founder and CEO, Nick Gesue, as CEO of NewPoint itself. AVC’s Kevin Laidlaw and Cal Masterson will be joining Gesue at NewPoint, as well, adding to NewPoint’s deep bench of expertise. The combination will position NewPoint as a leading provider of borrower-centric capital solutions to the senior housing and care sector, in addition to the broader multifamily and residential housing sector. And the NewPoint platform provides AVC clients with access to a suite of lending options, including agency (Fannie Mae and... Read More »