• 60 Seconds with Swett: Getting Realistic with New Development

    The positive mood at the NIC Fall Conference was contagious, as dealmakers were looking forward to a potential record-breaking fourth quarter. We at LevinPro are also gearing up to cover a new elevated level of M&A activity and pricing in the coming months, with our updated valuation tool better accounting for today’s market and the estimated... Read More »
  • NHC Responds to NHI

    National Healthcare Corporation, the tenant of 32 of National Health Investor’s skilled nursing/senior care facilities and three independent living communities, is disputing NHI’s determination of default after the landlord formally notified the operator that it was in default and must cure the default within 30 days to avoid an Event of... Read More »
  • REIT Acquires High-Quality Continuum of Care Community

    Blueprint facilitated the sale of a Class-A seniors housing community in Jasper, Georgia. Built in 2022, The Lodge at Stephens Lake includes 83 units of independent living cottages, assisted living and memory care. It is adjacent to a large active adult development and benefits from significant planned residential and commercial growth. At the... Read More »
  • Legend Senior Living Adds Allentown-Area Asset

    A Class-A, well performing property outside of Allentown, Pennsylvania, traded to a joint venture between Legend Senior Living and a new capital partner. Alex Florea and Kevin Lukehart of Blueprint handled the transaction. Legend previously operated The Vero at Bethlehem, which opened in July 2023 and stabilized within 18 months. At the time of... Read More »
  • CFG’s Senior Care Financing Activity

    Capital Funding Group financed more than $86 million across six transactions from early to mid-August. The transactions supported two memory care communities, four skilled nursing facilities, and one psychiatric hospital in Missouri, California, Tennessee, Texas and Virginia on behalf of nationally recognized borrowers, one of which is a... Read More »
MONTICELLOAM Appoints Senior Relationship Manager

MONTICELLOAM Appoints Senior Relationship Manager

MONTICELLOAM, LLC, a specialized multifamily and seniors housing bridge lending platform, announced the appointment of Liam Sorensen as Senior Relationship Manager, Originations. In this role, Sorensen will be responsible for fostering and expanding client relationships, sourcing new opportunities, and supporting the firm’s lending and investment activities across the seniors housing market. He will be reporting to Karina Davydov, Senior Managing Director, Healthcare.  He has nearly a decade of experience in healthcare real estate finance, with a track record in debt structuring, underwriting, portfolio management and client advisory services. Prior to joining MONTICELLOAM, Sorenson held... Read More »
In Memoriam: Doug Korey

In Memoriam: Doug Korey

We just heard the unfortunate news that our friend and colleague Doug Korey passed away last week. He had been battling cancer for a while but always put a brave face on his journey. We have known Doug since he got into the senior care industry more than 25 years ago. We served on panels with him and had many off-the-record conversations about some of the transactions he was working on. We even had to sub him on stage at the last minute at an NIC conference due to a scheduling mix up. It was our pleasure. We enjoyed his dry sense of humor, and we know that his friends and colleagues at LTC Properties will miss him dearly. Read More »
MONTICELLOAM Appoints Senior Relationship Manager

Cassia Senior Community Services Announces New CEO

Cassia Senior Community Services, a not-for-profit senior care operator, announced Matthew Kern as its next president and Chief Financial Officer, effective October 1. Kern is succeeding CEO Bob Dahl, who is retiring after 31 years with the organization. Kern brings 25 years of experience in the field and has served on Cassia’s executive leadership team since 2017, most recently as Chief Operating Officer. Read More »
MONTICELLOAM Appoints Senior Relationship Manager

Newland Lands at Liberty as CIO

Liberty Senior Living is setting itself up for continued growth by creating the position of Chief Investment Officer and hiring Max Newland to fill it. Newland had many encounters with Liberty over the years, partnering with the operator on numerous deals for more than a decade while leading the seniors housing team at Kayne Anderson Real Estate. More recently, after Newland launched his own investment firm Newland Realty Capital in 2024, he joint-ventured with Liberty and Cerberus Capital Management to acquire The Carlisle Palm Beach earlier this year. During his career, Newland has acquired, developed and managed senior living communities throughout the U.S., and worked with joint... Read More »
MONTICELLOAM Appoints Senior Relationship Manager

Lument Brings on New Director

Jason Beakas joined Lument as a director, supporting the firm’s seniors housing and healthcare origination efforts with Doug Harper and Casey Moore. He is based in Columbus, Ohio, and serves clients nationwide. Since joining Lument’s predecessor Lancaster Pollard in 2010, Beakas has managed and underwritten more than 200 transactions totaling nearly $1.7 billion across a range of capital structures, including FHA/HUD, Fannie Mae, USDA, balance sheet loans, and tax-exempt bonds. Read More »