• American Healthcare REIT Acquires AL/MC Portfolio

    DMK Development Group divested a seniors housing portfolio in the Louisville and Lexington, Kentucky MSAs. The four communities were purposefully developed within a 50-mile radius to enhance operational efficiencies.  They total 316 assisted living and memory care units, and were all opened between late 2020 and early 2022. Trilogy Health... Read More »
  • Artemis Real Estate Partners Acquires Class-A California Community

    JLL Capital Markets arranged the sale of a Class-A community in Foster City, California. Built in 2016 by Atria Senior Living as part of a mixed-use master-plan town center development, Atria at Foster Square comprises 155 assisted living and memory care units.  Artemis Real Estate Partners purchased the community in partnership with Atria, and... Read More »
  • Berkadia Reports Recent Deal Activity

    Berkadia announced a few closings in the Midwest. First, Dave Fasano, Ross Sanders, Cody Tremper and Mike Garbers were engaged by Ryan Companies US in its divestment of a Class-A seniors housing community in Cedar Rapids, Iowa. Built in 2017 by Ryan Companies, Grand Living at Indian Creek comprises 165 independent living, assisted living and... Read More »
  • Benchmark Acquires Fairfield County Community

    Benchmark Senior Living added another Connecticut community to its portfolio, acquiring Church Hill Village in Newtown through a joint venture with National Development, a Massachusetts-based real estate investor. Built in 2019 by a partnership between Senior Lifestyle Corporation and Teton Capital Co., the 71-unit assisted living/memory care... Read More »
  • ALP Owner/Operator Expands in Upstate New York

    Dave Balow of Senior Living Investment Brokerage facilitated the sale of an assisted living program community in the Albany, New York MSA, on behalf of a private owner. Built in 1985, Danforth Adult Care Center is in Hoosick Falls and features 57 units with 80 beds, including 42 licensed as ALP. The community sits on 2.49 acres with 29,112 square... Read More »

Webinar | Assisted Living: Was It Recession-Resistant After All? Where Are Values Now? | August 26, 2021

After census plunged 1,000 basis points across the country, has the assisted living recovery met expectations following the pandemic? Pent-up demand for this need-based product may have already exhausted itself, and rampant discounting would theoretically affect the cash flow recovery. Not only that, but the economic effects of the pandemic have hit communities differently, with “B” and “C” properties less financially flexible to meet rising wages, higher infection control costs and lower occupancy without a significant hit to their bottom lines. Investors have adapted to get deals done, propelling M&A activity to pre-pandemic heights this summer. But the properties they are targeting,... Read More »