• Clarion Partners Expands in Nashville MSA

    Clarion Partners, an affiliate of Franklin Templeton Investments, announced that Clarion Partners Real Estate Income Fund Inc. acquired Vitality Living Franklin, a 126-unit seniors housing community in Franklin, Tennessee (Nashville MSA). The community was built in 2014, renovated in 2023 and faced little new competition in the area. It was... Read More »
  • Regional Buyer Acquires Community Adjacent to Its SNF

    Senior Living Investment Brokerage’s Jason Punzel, Vince Viverito, Jake Anderson and Taylor Graham recently sold a 42-unit assisted living community in Cashmere, Washington, near Wenatchee in the central part of the state. Epledalen Assisted Living was built in 1999 and was fully occupied, but its local owner/operator wished to exit the industry.... Read More »
  • National Healthcare Properties and Discovery Buy Large Portfolio

    In an off-market deal, National Healthcare Properties acquired a portfolio of 13 seniors housing communities in eight states through a joint venture with Discovery Senior Living. The new SHOP assets total 592 units of assisted living and will be placed under a RIDEA structure with Discovery, which has been managing and will continue to manage the... Read More »
  • Debtor Sells SNF at Auction

    Blueprint was engaged by the debtor and approved by the U.S. Bankruptcy Court of Eastern New York District to sell the real estate of a skilled nursing facility outside of Yakima, Washington. Arcadia Medical Resort of Parkside was built in 1972 and is licensed for 88 beds, providing long-term care, rehabilitation and therapy services. It is set... Read More »
  • Dwight Capital Buys HUD Mortgage Servicing Rights Portfolio

    Dwight Capital acquired Midland States Bank’s seniors housing HUD mortgage servicing rights portfolio, which includes loans secured by skilled nursing facilities, assisted living communities and hospitals. The portfolio totals over $500 million in unpaid principal balance from 69 loans across 22 states. Now, following the acquisition, the loan... Read More »
Brookdale’s Operations Improve While NOI and Margins Lag

Brookdale’s Operations Improve While NOI and Margins Lag

Following the preliminary results announcement after the January 28 close, Brookdale Senior Living’s stock spiked 11.5% on January 29. Investors cheered the upbeat early numbers, but the mood shifted once the official quarterly and full-year results came out February 18 after the bell. The stock opened nearly 7% below the prior close and dropped more than 10.5% intraday. While a broader market selloff amid geopolitical uncertainty didn’t help, the reaction was primarily earnings-driven. Occupancy improved, but NOI and margins fell quarter-to-quarter, so the question is, are they spending big to fill beds? At year-end 2025, Brookdale’s portfolio comprised 370 owned and 178 leased... Read More »
60 Seconds with Swett: Latest Senior Care Valuation Statistics Are Released

60 Seconds with Swett: Latest Senior Care Valuation Statistics Are Released

The 31st Edition of The Senior Care Acquisition Report has been published and is available to LevinPro LTC andLTC News subscribers now! With M&A at record levels and more buyers and sellers evaluating transactions today, we know how important having timely, accurate and relevant pricing data is in making their investment decisions. That is why we worked hard to get this Report out earlier in the year than ever before, and it was compiled with the largest proprietary dataset we have ever put together, including hundreds of confidential prices, cap rates and operating metrics. Thank you to all of our industry friends who helped us in that effort, because the large sample size allowed us... Read More »
2025 M&A and Valuation Stats Preview

2025 M&A and Valuation Stats Preview

Ben Swett, Managing Editor of The SeniorCare Investor, sat down with Matthew Alley of Senior Living Investment Brokerage, Bryan Lockard of JLL Valuation & Advisory, and Brittany Spicer of National Health Investors to discuss last year’s M&A market and to preview our Senior Care Acquisition Report. Panelists reviewed key statistics, including average pricing and cap rates. They also discussed 2026 expectations, new entrants and potential challenges facing the industry. The webinar concluded by asking panelists who they would rather be in 2026: a buyer or seller of Class-A or Class-B stabilized assets, or a best-in-class operator.    Read More »
60 Seconds with Swett: Latest Senior Care Valuation Statistics Are Released

60 Seconds with Swett: Values Soar Across All Sectors

We have been hard at work collecting and enriching our 2025 M&A data, and many listeners can attest to receiving a number of calls and emails from me over the last couple of months, and the result was the most deals we have ever compiled in any year, as well as the most property financials and cap rates. So a big thank you to all of our industry friends who helped in this effort.  Prices soared in all sectors, and set a couple of records. The average price per unit for assisted living properties reached $268,600, more than $20,000 higher than the previous record set in 2019. The independent living sector also hit new heights, with an average price per unit of $263,600. Average... Read More »
2025 Seniors Housing and Care M&A Activity Smashes Multiple Records

2025 Seniors Housing and Care M&A Activity Smashes Multiple Records

Seniors housing and care M&A activity in 2025 smashed the previous annual record of publicly disclosed transaction volume set in 2024, based on new acquisition data from LevinPro LTC. There were 871 publicly disclosed transactions in 2025, surpassing the previous record of 721 deals set in 2024 by 20.8%.   The number of publicly announced seniors housing and care acquisitions in the fourth quarter of 2025 rose to 285 deals, a new quarterly record. This total represents a 34.4% increase from the previous quarterly record of 212 deals set in Q3:25. It is also a 47.7% increase from Q4:24’s total of 193 transactions.   In addition, the $15.19... Read More »
60 Seconds with Swett: Annual M&A Activity Shatters Records

60 Seconds with Swett: Annual M&A Activity Shatters Records

We may sound like a broken record, but the M&A market keeps setting records and reaching new heights in the seniors housing and care industry. And it is smashing the previous records. In 2025, LevinPro LTC recorded 871 publicly announced transactions, which broke the previous annual record set in 2024 by 21%. Not only that, 2024’s total had beaten the previous annual record by 28.5%. So we have been on a proverbial rocket ship in the last two years. Much of the activity has centered around the seniors housing market, as despite intense buyer demand for skilled nursing facilities, there has been a relative dearth of facilities available for sale. Seniors housing deals, meanwhile, have... Read More »