• Active Adult Community Secures Freddie Mac Refinance

    An active adult community in Hurst, Texas, paid off its existing bank debt with a Freddie Mac refinance arranged by Berkadia. Heritage Village Residences was built in 2014 with 120 units, including 10 cottages. It was part of multiple acquisitions over the years, first in 2020 when Edison Equity Management Corporation bought it for $23.3 million... Read More »
  • Upstate NY Seniors Housing Community Trades

    Kory Buzin and Steve Thomes of Blueprint facilitated the sale of a seniors housing community in upstate New York that stakeholders were divesting to take advantage of positive performance trends and a strong M&A market. The Legacy at Cranberry Landing, a 95-unit independent living, assisted living and memory care community in Rochester, was... Read More »
  • Seniors Housing Investment Vehicle Acquires First Asset

    Focus Healthcare Partners acquired Bellingham at West Chester, a 274-unit seniors housing community in West Chester, Pennsylvania. The investment is Focus’ first for its newest investment vehicle, Focus Senior Housing Fund III. The property sits on an 11.8-acre site 20 miles west of downtown Philadelphia. It comprises 208 independent living, 50... Read More »
  • Management Transfer Includes Purchase Option

    A senior care campus in Waterloo, Illinois, secured a new operator thanks to Ray Giannini of Marcus & Millichap. Featuring 144 skilled nursing beds and 50 independent living units, Oak Hill – Senior Living and Rehabilitation Center was well occupied with a strong quality mix. It was owned by Monroe County, which wanted to retain the... Read More »
  • Bank Provides Refinance to Family Office

    BHI, the U.S. branch of Bank Hapoalim, provided a $29.0 million loan for the refinancing of an assisted living and skilled nursing facility in West Palm Beach, Florida. Gold Standard of Care Group, a Florida-based family office with a focus on healthcare and senior care and over $150 million in assets, was the borrower.  Totaling 70,272... 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 »