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Ziegler Handles Providence Portfolio Sale
by Steph Mallozzi | Dec 20, 2024 1:22 pm | Acquisitions
The Ensign Group, Inc. has agreed to acquire eight facilities in the states of Alaska, Washington, Oregon and California, subject to the completion of certain regulatory approvals and other closing conditions. This acquisition includes the real estate and operations and are being acquired from Providence Home and Community Care. The real estate... Read More » -
Ignite Medical Resorts Acquires in Texas
by Steph Mallozzi | Dec 20, 2024 1:20 pm | Acquisitions
Blueprint was engaged by a Houston-based real estate developer and investment firm to facilitate the sale of a skilled nursing facility in El Paso, Texas. The facility had been leased to a subsidiary of Vibra Healthcare, a national specialty hospital and skilled nursing operator based in Pennsylvania. Built in 2017, VibraLife El Paso... Read More » -
Class-A Community Trades in Philadelphia
by Steph Mallozzi | Dec 20, 2024 1:16 pm | Acquisitions
Berkadia announced the sale of a Class-A independent living, personal care and memory care community in the Philadelphia MSA. It was built in 2019. Berkadia Seniors Housing & Healthcare, led by Managing Directors Dave Fasano, Ross Sanders, Cody Tremper and Mike Garbers, closed the transaction on behalf of the seller, a private equity firm.... Read More » -
Wisconsin AL Community Changes Hands
by Ben Swett | Dec 20, 2024 12:14 pm | Acquisitions, Financings
On the heels of his closing in Minnesota, Bob Richards of Senior Care Realty headed over to Wisconsin to sell a small assisted living community in Dane County. Built in the mid-1990s, the community featured 20 units and a mostly Medicaid census. But occupancy was 100%, and the community operated at a strong margin above 30%. That is impressive,... Read More » -
Private Asset-Based Lender Acquires Two Senior Notes
by Steph Mallozzi | Dec 20, 2024 12:13 pm | Acquisitions
Blueprint facilitated the sale of two senior notes secured by 24 seniors housing communities. The portfolio of communities spans approximately 1,200 units across eight states. Prior to the sale, all of the communities securing the notes transitioned to a new, national operator as part of a larger corporate wind down of the borrower. Individual... Read More »