• Brookdale Senior Living: Slow and Steady

    Brookdale Senior Living released its fourth quarter and full-year earnings results this week, and all we can say is that the improvements, while welcomed, are slow and steady. Management has had a lot on its plate the past 18 months or so in a post-pandemic environment, but things like occupancy are moving up, but not as fast as for others. The... Read More »
  • Three Communities Trade Hands in Pacific Northwest

    Blake Bozett and Spud Batt of The Zett Group shot out of the gates in 2025, closing three separate transactions in the Pacific Northwest so far this year. The largest was for an 88-unit seniors housing community in central Washington which closed this week. Owned by a regional operator based in Washington, this community consists of 36... Read More »
  • The Fellowship Family Grows in Georgia

    Daniel Geraghty and Bradley Clousing of Senior Living Investment Brokerage facilitated the sale of LaGrange Heritage Senior Living, a 100-unit independent living, assisted living and memory care community in LaGrange, Georgia. Built in 2021 on 14.10 acres, the property is best in class within the local market. It is immediately adjacent to... Read More »
  • Joint Venture Acquires High-Quality Asset Near Philly

    Alex Florea, Steve Thomes, Kevin Lukehart and Kory Buzin of Blueprint were engaged by a national private equity investor in its divestment of a Class-A, newer-vintage seniors housing community in King of Prussia, Pennsylvania. Built in 2021, the high-rise community offers 190 independent living, assisted living and memory care units. Despite the... Read More »
  • Meridian Senior Living Enters Colorado

    JLL Capital Markets completed the sale of Pine Grove Crossing, a 127-unit assisted living and memory care community in Parker, Colorado. Built in 2018, Pine Grove offers 100 AL and 27 MC units in a three-story building across 4.41 acres. At the time of sale, it was 90% occupied.  The seller was a real estate private equity group, while an... Read More »
Ikaria Capital Group Launches

Ikaria Capital Group Launches

Ikaria Capital Group, led by Jason Dopoulos and Ken Gould who were formerly with White Oak Healthcare Partners and Lancaster Pollard, announced its launch. Headquartered in Cleveland, Ohio, Ikaria specializes in financing skilled nursing and seniors housing communities. Ikaria brings more than 100 years of collective experience in financing, structuring, underwriting, servicing and asset-managing bridge and FHA/HUD loans.  Ikaria’s platform specializes in debt solutions, including bridges for acquisitions, recapitalizations, refinances and construction, permanent (long-term) debt structures, FHA/HUD loans and working capital lines for skilled nursing, hospitals and other healthcare... Read More »
MorningStar Welcomes New President/CIO

MorningStar Welcomes New President/CIO

MorningStar Senior Living announced a new President and Chief Investment Officer, Jamie Ranzan. Ranzan brings 20 years of experience in real estate development, acquisitions and operations across multiple property types, including senior living. Ranzan began her career at Ernst & Young as an auditor in the real estate group of its Orange County office. From there she joined KBS Realty Advisors in Newport Beach where she was responsible for a $1.8 billion portfolio with assets across the U.S. Her next role was CFO/BP of Corporate Finance for MBK Senior Living, responsible for acquisitions, dispositions, accounting, finance, insurance, tax and compliance.  Razan relocated to... Read More »
MorningStar Welcomes New President/CIO

Pegasus Senior Living’s Leadership Changes

Pegasus Senior Living announced several leadership changes that it believes will position the organization for continued growth in 2025 and beyond. Industry veteran Chris Hollister, Pegasus Chair and CEO, will maintain his role with a refined focus on revenue growth and new business development. Rich Williams will continue his role as COO overseeing operational, clinical and sales teams. However, he is now also Co-President with Wade Mullis, who will additionally continue as Chief Administrative & Investment Officer to lead accounting, financial planning, IT, facilities, risk management and investment functions.  Daniel Leaf, the Senior Vice President of Business Development will... Read More »
MorningStar Welcomes New President/CIO

SVN Senior Living Advisors Hires Mark Myers

SVN Senior Living Advisors kicked off its 2025 with a new hire and is primed for a busy year. Industry veteran Mark Myers made the move from Walker & Dunlop to join SVN SLA’s existing team of Tony Yousif, Torey Riso, Don Husi, John Klement, Joshua Salzman, Aaron Thompson, Jacob Bennema, Fabio Riso, Shelly Bird and Michael Watson. Myers will join as a Managing Director and Member of the Executive Committee. He helped facilitate and close a 76-facility portfolio bankruptcy sale and another three-facility portfolio deal within the past 30 days before joining the firm, so he’ll look to continue that activity in 2025. The hire comes after a building year for SVN SLA, which also refined its... Read More »
MorningStar Welcomes New President/CIO

Welltower’s Executive Promotions

Welltower announced several executive promotions to start off the new year. First, John Burkart has been appointed Vice Chairman & Chief Operating Officer after previously serving as Executive Vice President – Chief Operating Officer.  Prior to joining Welltower in 2021, Burkart spent 25 years at Essex Property Trust, most recently serving as Senior Executive Vice President and Chief Operating Officer. Burkart holds a BS in Finance from San Jose State University and an MBA in Real Estate from Golden Gate University. Next, Nikhil Chaudhri was appointed Co-President & Chief Investment Officer after previously serving as Executive Vice President – Chief Investment Officer.... Read More »
MorningStar Welcomes New President/CIO

Leadership Transitions at CPF and Grace Management

CPF Living Communities and Grace Management, Inc. announced leadership transitions effective January 1. John Rijos will assume the role of Founder and Chairman of CPF and Chairman of Grace Management, while Guy Geller will take on the responsibilities of CEO for both CPF and Grace Management.  John Rijos is also Managing Partner of CPF’s Healthcare Real Estate Fund. Under his guidance, CPF has expanded its portfolio to include a diverse range of high-quality senior living communities across the United States. Guy Geller has been a driving force behind the organization’s growth since joining in 2016. In his previous roles as COO of CPF and President of Grace Management, Guy has... Read More »