• American Healthcare REIT Acquires AL/MC Portfolio

    DMK Development Group divested a seniors housing portfolio in the Louisville and Lexington, Kentucky MSAs. The four communities were purposefully developed within a 50-mile radius to enhance operational efficiencies.  They total 316 assisted living and memory care units, and were all opened between late 2020 and early 2022. Trilogy Health... Read More »
  • Artemis Real Estate Partners Acquires Class-A California Community

    JLL Capital Markets arranged the sale of a Class-A community in Foster City, California. Built in 2016 by Atria Senior Living as part of a mixed-use master-plan town center development, Atria at Foster Square comprises 155 assisted living and memory care units.  Artemis Real Estate Partners purchased the community in partnership with Atria, and... Read More »
  • Berkadia Reports Recent Deal Activity

    Berkadia announced a few closings in the Midwest. First, Dave Fasano, Ross Sanders, Cody Tremper and Mike Garbers were engaged by Ryan Companies US in its divestment of a Class-A seniors housing community in Cedar Rapids, Iowa. Built in 2017 by Ryan Companies, Grand Living at Indian Creek comprises 165 independent living, assisted living and... Read More »
  • Benchmark Acquires Fairfield County Community

    Benchmark Senior Living added another Connecticut community to its portfolio, acquiring Church Hill Village in Newtown through a joint venture with National Development, a Massachusetts-based real estate investor. Built in 2019 by a partnership between Senior Lifestyle Corporation and Teton Capital Co., the 71-unit assisted living/memory care... Read More »
  • ALP Owner/Operator Expands in Upstate New York

    Dave Balow of Senior Living Investment Brokerage facilitated the sale of an assisted living program community in the Albany, New York MSA, on behalf of a private owner. Built in 1985, Danforth Adult Care Center is in Hoosick Falls and features 57 units with 80 beds, including 42 licensed as ALP. The community sits on 2.49 acres with 29,112 square... Read More »

PACS Group, Inc. Leads South Carolina Skilled Nursing Operators

PACS Group, Inc. (NYSE: PACS) has established itself as one of the dominant players in South Carolina’s skilled nursing facility sector, according to the latest Centers for Medicare & Medicaid Services (CMS) data analysis. The company currently operates 19 skilled nursing facilities in South Carolina. Portfolio Overview PACS Group’s nationwide footprint extends well beyond South Carolina, with a total of 181 skilled nursing facilities across nine states, according to the CMS ownership data. California represents the company’s largest market with 118 facilities, followed by South Carolina and Colorado with 19 facilities each [4]. The company maintains a smaller but... Read More »

Estes Family Trusts Lead Alabama Skilled Nursing Market Through NHS Management

Jennifer Lee Estes Tr 031093 and James Norman Estes Jr Tr jointly lead Alabama’s skilled nursing facility sector with 30 facilities each, according to the most recent Centers for Medicare & Medicaid Services (CMS) data from January 2025. These related trusts share ownership interests in 45 facilities across four states, with Alabama representing their strongest market presence. The Estes family operates these facilities through NHS Management, LLC, a company led by J. Norman Estes as President and CEO. Ownership Structure and Portfolio Distribution The Estes trusts maintain primarily indirect ownership stakes in their facilities, with Jennifer Lee Estes Tr 031093 holding 6.25%... Read More »

Pacs Group, Inc.: California’s Dominant Skilled Nursing Provider

Pacs Group, Inc. has established itself as the dominant player in California’s skilled nursing facility (SNF) landscape, operating 118 facilities across the state according to the most recent CMS data from January 2025. Beyond California, the company has strategically expanded into eight additional states, with significant presence in Colorado and South Carolina (19 facilities each), and smaller footprints in Kentucky (7), Ohio (6), Arizona (4), Nevada (4), Missouri (2), and Texas (2). Founded in 2013, Pacs Group has grown into one of the largest post-acute care platforms in the United States, now serving over 22,000 patients daily across 218 healthcare facilities with approximately... Read More »

Estes Trust Leads Alabama Skilled Nursing Market with Multi-State Portfolio

The James Norman Estes Jr Trust is Alabama’s leading skilled nursing facility owner with 30 facilities in the state, according to the most recent Centers for Medicare & Medicaid Services (CMS) data from January 2025 . The trust’s influence extends beyond Alabama, with additional facilities in Arkansas (5), Florida (5), and Missouri (5), bringing its total portfolio to 45 skilled nursing properties. This summary examines the trust’s ownership structure, market position, leadership connections, and the regulatory environment affecting its operations. Ownership Structure and Portfolio The trust maintains minority ownership stakes in its facilities, typically holding... Read More »

Zanziper Family Trust as the Largest SNF Operator in North Carolina

Zanziper Family Trust has established itself as the largest skilled nursing facility operator in North Carolina, controlling 38 facilities across the state according to the latest CMS data from January 2025. This significant presence in North Carolina represents nearly half of the trust’s nationwide portfolio of 82 healthcare facilities. Portfolio Overview and Ownership Structure The trust’s healthcare holdings extend beyond North Carolina, with a presence in Kentucky (20 facilities), Florida (12 facilities), Tennessee (10 facilities), and Virginia (2 facilities). While primarily focused on skilled nursing facilities with 81 properties in this sector, Zanziper Family Trust also... Read More »

Peace Capital Holdings’ Presence in New Jersey Skilled Nursing Market

Peace Capital Holdings LLC (DE) has a particularly strong skilled nursing presence in New Jersey, according to the latest CMS data analysis. Portfolio Overview The Delaware-registered company currently operates 58 skilled nursing facilities across seven states, with New Jersey representing its largest market concentration. With 29 facilities in New Jersey, Peace Capital Holdings shares the position of largest skilled nursing facility owner in the state alongside SMS 2021 Trust, which also owns 29 facilities. Beyond New Jersey, the company has established a significant regional footprint with 10 facilities in Maryland, seven in Connecticut, four in Wisconsin, three each in Pennsylvania and... Read More »