• Community First Solutions Acquires Again in Ohio

    Ziegler was engaged by Marquee Capital, the real estate company affiliated with Marcus Investments, LLC, the Marcus’ family office, in the sale of its seniors housing community in Mason, Ohio. Built in 2020, BrightStar Senior Living of Mason sits on 3.2 acres with 41 assisted living and memory care units. The community was well occupied at 90%,... Read More »
  • Joint Venture Acquires Nashville Active Adult Community

    An active adult community in Germantown, Tennessee, found a new owner thanks to the team at Newmark. Built in 2020, Avenida Watermarq is a 161-unit, Class-A active adult community in an affluent suburb of Nashville. There are one- and two-bedroom options averaging 919 square feet per unit. Occupancy was 87%. Inspired Real Estate Partners and GEM... Read More »
  • Institutional Owner Divests Ohio Facility

    Evans Senior Investments arranged the sale of a skilled nursing facility in Ohio on behalf of an institutional owner looking to exit the market. The facility comprises 88 beds and 20 independent living units, which served as a referral source for the nursing home. The buyer was a regional owner/operator that is actively expanding in Ohio. This is... Read More »
  • Strawberry Fields Completes Missouri SNF Portfolio Acquisition

    Strawberry Fields REIT, Inc. announced that it completed the acquisition of nine skilled nursing facilities comprising 686 beds in Missouri for $59 million, or $86,000 per bed. The REIT completed the acquisition using cash on hand and the issuance of approximately $2.0 million in OP Units of Strawberry Fields REIT LP to the seller. Eight of the... Read More »
  • Macquarie Asset Management Launches Health Wave Partners

    Macquarie Asset Management, which has over 35 years of experience in the real estate sector and a current network of 15 specialist operator investments globally, announced the launch of Health Wave Partners, a seniors housing platform aimed at targeting investments in modern seniors housing assets alongside established operators. The platform... Read More »
Life Care’s Board Unanimously Approves New Chairman and CEO

Life Care’s Board Unanimously Approves New Chairman and CEO

Life Care Centers of America, which operates more than 200 skilled nursing, post-acute, Alzheimer’s and senior living campuses in 27 states, announced that Aubrey B. Preston has been named the company’s Chairman and CEO. Life Care’s Board of Directors unanimously approved Preston as chairman and CEO after the Bradley County Chancery Court named him the legal conservator for his father, Life Care’s founder and owner Forrest L. Preston.  Going forward, Aubrey Preston will lead the company on his father’s behalf. Earlier in his career, Aubrey Preston helped develop Life Care’s nationwide real-estate acquisition strategy. More recently, he is best-known for his philanthropic work in... Read More »
California and Illinois Turnkey Communities Are Up for Bid

California and Illinois Turnkey Communities Are Up for Bid

Hilco Real Estate announced June 12 as the bid deadline for two assisted living communities, The Courte at Citrus Heights (Citrus Heights, California) and The Landing on Dundee (Wheeling, Illinois). Each community is being sold individually. Bids must be received on or before the deadline of June 12 at 5:00 pm (CT) and must be submitted on the LOI available for review and download from Hilco’s website.  Built in 2016 and zoned Restricted Density Multiple Dwelling, The Courte features 48 memory care units with an occupancy rate of 87%. The community is in a region with a robust healthcare network, as healthcare and social assistance account for 13.7% of Sacramento’s workforce. It is... Read More »
Life Care’s Board Unanimously Approves New Chairman and CEO

Silverado Welcomes New CEO

Silverado announced the appointment of Wayne Sanner as Chief Executive Officer Designate, effective April 28. Sanner will work closely with Co-Founder and current CEO, Loren Shook, as he transitions to the new position. With over two decades of executive leadership in senior living and skilled nursing operations, Sanner brings a proven track record of excellence in scaling multi-side healthcare organizations, improving patient outcomes and fostering purpose-driven cultures.  Most recently, Sanner served as Chief Operating Officer of Prestige Healthcare, where he oversaw 80 SNFs caring for 7,000 residents across five states and led a team of more than 10,000 members. Sanner’s... Read More »

New Fund Enters Seniors Housing Space

Franklin Templeton and its specialist investment manager, Clarion Partners, announced Clarion Partners Real Estate Income Fund’s entry into the seniors housing sector through a debt investment in The Pearl at Boulder Creek, a seniors housing community with 116 independent living and assisted living units in Boulder, Colorado. CPREX is a closed-end tender offer fund that provides individual investors with access to institutional-quality private real estate through stable, well-leased, cash flow-producing properties across the U.S. Read More »
Sabra’s CIO Retires

Sabra’s CIO Retires

Sabra Health Care REIT announced that Talya Nevo-Hacohen, Sabra’s Chief Investment Officer, Treasurer and Executive Vice President, will be retiring effective December 31. Nevo-Hacohen helped build Sabra into a $6.5 billion enterprise with 399 investments from a newly formed REIT with 86 properties leased to a single tenant. Nevo-Hacohen is expected to remain in a consulting role with Sabra pursuant to a two-year consulting arrangement.  Darrin Smith, Sabra’s Executive Vice President, Investments, is expected to take on the role of Sabra’s CIO effective January 1, 2026. Smith has over 30 years of real estate experience, and has been with Sabra for five years. A seamless transition is... Read More »
Life Care’s Board Unanimously Approves New Chairman and CEO

Cushman & Wakefield Adds Jandris and Gardner

There was some buzz at the NIC Spring Conference about a certain dealmaking duo that have closed $15 billion in their careers jumping from one brokerage firm to another, and the news has now come out that Josh Jandris and Brett Gardner have both made the move from Walker & Dunlop to Cushman & Wakefield. They join Florida-based Jason Skalko, who was hired as a Managing Director at C&W in early 2024 to revive the senior care investment sales business after the exodus of its seniors housing team to JLL in 2023. Jandris and Gardner will each serve as Vice Chair in the Chicago office and will represent institutional and private-capital investors in dispositions across the continuum... Read More »