• Michigan AL Communities Trade with Turnaround Potential

    Madison Meiser and Bill Meiser of Meiser Commercial Real Estate completed two separate seniors housing transactions in Michigan. All parties involved had experience in the senior care sector, making the transactions smooth, aside from routine negotiations. The first transaction to close was in Plymouth.  Built in 1980, the assisted living... Read More »
  • Not-For-Profit SNF Owner Expands in Texas

    A large not-for-profit owner of skilled nursing facilities in Texas added another facility to its portfolio in the Lone Star State. Set in the town of Georgetown just north of Austin, The Wesleyan was founded in 1962 in collaboration with The Methodist Church, but the current 40-acre campus was built in 2008 and expanded its offerings to include... Read More »
  • Phorcys Capital Partners Acquires AL/MC Community Through Receivership Sale

    Phorcys Capital Partners acquired Village Veranda at Lady Lake, a 125-unit assisted living/memory care community in Lady Lake, Florida, adjacent to The Villages. Opened in 2019, the community was developed by Gordon Cos., Village Veranda Lady Lake LLC and SRI Management, which has operated the community since the start. SRI will stay on as... Read More »
  • Ensign Acquires Iowa Skilled Nursing Facility

    Nick Cacciabando and Ryan Saul of Senior Living Investment Brokerage helped an industry veteran in Iowa sell his last solely-owned senior care facility, finding a publicly traded buyer in the process. The facility in question was Crystal Heights Care Center, a 72-bed skilled nursing facility in Oskaloosa, Iowa, about one hour southeast of Des... Read More »
  • Investor Group Enters the Seniors Sector Through Idaho Purchase

    An assisted living/memory care community in Twin Falls, Idaho, traded with the help of Chad Mundy and Nick Stahler of The Knapp-Stahler Group at Marcus & Millichap. The campus opened in 1989 with an eight-unit building, and added two 15-unit buildings in 2009 and 2015, respectively. Some units were added to each building in 2023 and 2024, and... 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 »

GPN Family Trust Emerges as Major SNF Owner in Midwest

“GPN Family Trust U/A/D 04/28/08” has established itself as a significant player in the skilled nursing facility (SNF) sector across three Midwest states, with a particularly strong presence in Illinois and South Dakota, according to the latest CMS data. Portfolio Overview The trust currently owns 62 skilled nursing facilities across three states. Illinois represents the largest concentration with 42 facilities, followed by South Dakota with 14 facilities, and Iowa with 6 facilities. GPN Family Trust is one of the top owners of skilled nursing facilities in South Dakota, where it ties with other major owners including Doros Generation Trust U/A/D 1/3/12 and Legacy Healthcare... Read More »

Prestige Care Dominates Oregon’s Skilled Nursing Market with 18 Facilities

Prestige Care Inc. has established itself as the dominant player in Oregon’s skilled nursing facility sector, affiliated with 18 facilities across the state, according to the latest CMS data. Market Leadership Position According to the latest Centers for Medicare & Medicaid Services (CMS) data, Prestige Care Inc. is affiliated with the largest number of skilled nursing facilities in Oregon, significantly outpacing competitors in the region. The family-owned company has built a substantial footprint across the Western United States, with a total portfolio of 32 skilled nursing facilities spanning five states. Geographic Distribution The company’s focus on the Pacific... Read More »

Life Care Centers of America Maintains Strong Foothold in Washington’s Skilled Nursing Market

Market Position Life Care Centers of America, Inc. has established itself as a dominant player in Washington’s skilled nursing sector, tying for the position of largest owner with 15 facilities in the state. This places Washington among the company’s top three states by facility count, alongside Tennessee (26) and Colorado (22). The Cleveland, Tennessee-based company maintains a substantial national presence with 192 skilled nursing facilities across 27 states, according to the most recent CMS data. Their strongest regional concentrations include Tennessee, Colorado, Florida, Massachusetts, and Washington. Ownership Structure Founded in 1970 by Forrest Preston, Life Care... Read More »

Hurlbut Health: New York’s Largest Skilled Nursing Operator

Hurlbut Health Consulting, LLC has established itself as the largest operator of skilled nursing facilities in New York State, according to the latest Centers for Medicare & Medicaid Services (CMS) data. The company maintains 100% ownership in five of its nine facilities. Portfolio Overview The company’s portfolio consists of nine facilities across New York State: Avon Nursing Home, LLC Hamilton Manor Nursing Home LLC Latta Road Nursing Home East, LLC Latta Road Nursing Home West LLC Newark Manor Nursing Home Seneca Nursing And Rehabilitation The Brightonian, Inc. The Hurlbut, LLC The Shore Winds, LLC Leadership and Legacy The company continues the Hurlbut family’s... Read More »

Pennant Healthcare Dominates Washington’s Skilled Nursing Market with 15 Facilities

The Pennant Group, Inc. (NASDAQ: PNTG) subsidiary Pennant Healthcare, LLC has established itself as a leading player in Washington’s skilled nursing sector, according to the latest CMS data analysis. Market Leadership Pennant Healthcare, LLC has emerged as one of the largest skilled nursing facility operators in Washington State, with 15 facilities under its management, according to ownership data from CMS. This positions the company as a top player in the region, sharing the top spot with Life Care Centers of America, Inc., which also operates 15 facilities in the state. Portfolio Overview Beyond Washington, Pennant Healthcare maintains a significant presence in Idaho with 11... Read More »