• South Denver SNF Finds New Owner

    A non-performing skilled nursing facility in South Denver, Colorado, found a new owner thanks to Hap Knowles and Nick Stahler of the Knapp-Stahler Group at Marcus & Millichap. Built in 1965, Aspen Siesta features just 34 licensed beds. It was 64% occupied and generated more than $2.8 million of revenues from private pay, VA and other payor... Read More »
  • Minnesota AL Community Trades Hands

    Senior Living Investment Brokerage was engaged by a Minneapolis-based, repeat client in the disposition of its last assisted living community that is in “very good condition.” The seller is divesting to focus on its remaining active adult and multifamily portfolio. Built in 2013, the community is in St. Anthony, Minnesota (Minneapolis-St. Paul... Read More »
  • LaVie Completes Bankruptcy Proceedings

    A year ago, LaVie Care Centers filed for Chapter 11 bankruptcy for the second time since 2021. The company cited a financial restructuring designed to improve its capital structure and position it for long-term success as the reason for filing. At the time, the operator’s portfolio comprised 43 skilled nursing facilities across five states. It... Read More »
  • Invesque Completes Commonwealth Portfolio Divestment

    Invesque announced that it completed the previously announced sale of 20 seniors housing communities managed by Commonwealth Senior Living, together with its majority ownership stake in Commonwealth. Proceeds from the transaction were used to repay all property-level debt associated with the assets, extinguish all unpaid and accrued preferred... Read More »
  • Medicare-Only Facility Sells to Midwest-Based Skilled Nursing Investor

    A Texas-based regional developer of skilled nursing facilities throughout the central and southern U.S. engaged Blueprint to advise and oversee the confidential sale of Accel at Longmont, a Medicare-only skilled nursing facility located just north of Boulder, Colorado. Michael Segal and Daniel Waldhorn handled the transaction. Built in 2017,... Read More »

PACS Holdings Emerges as Major Skilled Nursing Owner with Strong South Carolina Presence

PACS Holdings, LLC, a subsidiary of PACS Group, Inc. (NYSE: PACS), has established itself as one of the largest skilled nursing facility owners in South Carolina, according to recent CMS data analysis. The company currently owns 19 skilled nursing facilities in South Carolina, matching its footprint in Colorado while maintaining a significant national presence across nine states. Portfolio Overview Data from the most recent CMS upload reveals that PACS Holdings owns a total of 181 skilled nursing facilities nationwide. The company’s portfolio is heavily concentrated in California with 118 facilities, representing 65% of its total operations. South Carolina and Colorado each host 19... Read More »

Doros Generation Trust: Major Midwest Skilled Nursing Facility Owner

“Doros Generation Trust U/A/D 1/3/12” has established itself as one of the dominant players in the skilled nursing facility (SNF) sector across the Midwest, with a particularly strong presence in South Dakota, according to the latest CMS data analysis. Portfolio Overview The trust currently owns 61 skilled nursing facilities across three Midwest states, with Illinois representing its largest market at 41 facilities, followed by South Dakota with 14 facilities, and Iowa with 6 facilities. Doros Generation Trust is one of the top three owners of skilled nursing facilities in South Dakota, alongside Gpn Family Trust U/A/D 04/28/08 and Legacy Healthcare Financial Services LLC.... Read More »

Fundamental Healthcare Maintains Strong Nevada Skilled Nursing Presence

THI of Baltimore, Inc., a wholly-owned subsidiary of Fundamental Healthcare, continues to maintain a significant footprint in Nevada’s skilled nursing sector, according to the latest CMS data analysis. The Maryland-based company owns seven skilled nursing facilities in Nevada, matching Hunt Valley Holdings LLC for the largest ownership position in the state’s skilled nursing market. Portfolio Overview THI of Baltimore’s portfolio includes 42 healthcare facilities across six states, with 39 skilled nursing facilities and 3 hospitals. The company’s strongest presence is in South Carolina with 19 facilities, followed by Maryland (11), and Nevada (9). The Nevada... Read More »

Foundations Health Dominates Ohio Skilled Nursing Market with 57 Facilities

Foundations Health LLC, Ohio’s largest skilled nursing facility operator, maintains a commanding presence in the state’s skilled nursing market with 57 facilities, according to the latest CMS data. The company was founded and is led by CEO Brian Colleran. Market Leadership Analysis of the most recent CMS data reveals Foundations Health as the dominant player in Ohio’s skilled nursing landscape, with nearly five dozen facilities exclusively within state borders. The company offers a range of services including post-hospital care, skilled nursing, inpatient rehabilitation, long-term care, memory care, and ventilator services. Ownership Structure Foundations Health maintains... Read More »

National Healthcare Corporation Dominates Tennessee Skilled Nursing Market

National Healthcare Corporation (NHC) has established itself as the largest owner of skilled nursing facilities in Tennessee, according to the latest Centers for Medicare & Medicaid Services (CMS) data. The Murfreesboro-based healthcare provider is affiliated with 34 skilled nursing facilities in Tennessee alone, highlighting its significant market presence in its home state. Extensive Portfolio Across Multiple States NHC’s operational footprint extends well beyond Tennessee, with a total of 89 healthcare facilities across eight states as of the most recent CMS reporting period. The company’s portfolio includes: 64 skilled nursing facilities 20 home health agencies 3... Read More »

Honor X Enterprises Dominates Texas Skilled Nursing Market with 117 Facilities

Honor X Enterprises, LLC has emerged as the dominant player in Texas’s skilled nursing facility sector, controlling 117 facilities across the state according to the latest CMS data. The company’s portfolio consists exclusively of skilled nursing facilities, with all 117 properties located in Texas. This geographic concentration allows for operational efficiencies and specialized knowledge of local regulations and reimbursement structures. Honor X Enterprises maintains complete ownership (100%) of 114 of its 117 facilities, with ownership details for the remaining three facilities not specified in the available data. This high rate of full ownership indicates a preference for... Read More »