• Bullish Move by Welltower

    Welltower has been a growth and M&A machine under the leadership of Shankh Mitra. As of October 27, the REIT has closed or has under contract close to $14 billion of pro rata gross investments across the U.S., Canada and the United Kingdom this year. These include more than 700 seniors housing properties with more than 46,000 units. Not too... Read More »
  • Welltower Shatters Single-Day Dollar Volume Record

    October was already on its way to setting records for M&A activity in the seniors housing and care industry before Welltower announced the most transaction dollar volume we have ever seen in a single day when it released its third quarter earnings. A couple of the largest portfolio acquisitions took place across the pond, but the REIT also... Read More »
  • South Carolina Portfolio Trades

    Newmark has hit a rich vein of activity, announcing several closings in the last few days. First, the team sold three communities across the Greenville, South Carolina, area on behalf of Atlas Senior Living. The communities were built between 2014 and 2016 and totaled 306 units, including 108 independent living, 144 assisted living and 54 memory... Read More »
  • Blueprint Closes in Kentucky and Colorado

    Blueprint has been adding to our record-breaking October M&A haul, announcing a couple of closings in the last week. First, Kyle Hallion handled another sale in his home state of Kentucky, this time on behalf of a local family owner/operator with deep ties to this asset’s local market. The senior care facility features 64 skilled nursing beds... Read More »
  • Southern California Communities Get New Owner

    Berkadia handled the sale and financing of two seniors housing communities in Southern California. The transaction included an 84-unit assisted living and memory care community in the San Diego suburbs and a 72-unit memory care community in the Los Angeles suburbs. These were older vintage properties with some Medicaid census but were very strong... 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 »