• SLIB’s Red-Hot Start to May

    Senior Living Investment Brokerage shot out of the gates in May, announcing six separate closings within just a couple of days. The closings included a couple of portfolios, two seniors housing asset sales and two skilled nursing deals. SLIB is on track for another record-breaking year. The largest deal was an eight-property seniors housing... Read More »
  • Independent Living Asset Near Breakeven Changes Hands

    Blueprint handled the sale of a 60-unit independent living community located just outside of Cleveland, Ohio. At the time of sale, the property was operating around breakeven and offered the opportunity for upside. The option to transition the community to an assisted living waiver model was presented, but the incoming regional owner/operator... Read More »
  • National Health Investors Leans Further Into SHOP Growth

    National Health Investors is continuing to lean into its SHOP segment, having invested $742.5 million into the strategy throughout the first quarter, a 106% increase from the prior year period. Year-to-date, the REIT has announced $212.4 million of investments, and is continuing to evaluate additional opportunities, focusing on private pay... Read More »
  • Senior Care Portfolio Secures Refinancing

    T7 Capital, a boutique seniors housing and healthcare advisory firm founded by industry veterans Ari Adlerstein and Josh Simpson, recently arranged a large bank refinancing for a portfolio of seniors housing and skilled nursing assets in Massachusetts. Working on behalf of a New York-based family office, T7 secured a $57.979 million loan from... Read More »
  • Regional Bank Provides Financing for MC Community

    Jeremy Warren of Montgomery Intermediary Group arranged a refinancing for a client’s 48-unit memory care community in Merrillville, Indiana. Originally built in 2016, the community was stabilized and had an approaching debt maturity. The owner sought to retire both the existing bank debt and an outstanding seller note from the initial... Read More »
Janus Living’s IPO Results

Janus Living’s IPO Results

Janus Living has completed its initial public offering, raising $878 million after deducting the underwriting discount and estimated expenses payable by the company. The REIT sold 48.3 million shares of its Class A-1 common stock at $20 per share, including the full exercise of the underwriters’ 6.3 million-share option. It made its New York Stock Exchange debut March 20 under the ticker “JAN,” with shares trading well out of the gate. The stock opened at $23.50, climbed as high as $23.96 intraday and closed at $23.61. The net proceeds received from the offering are expected to be used to pursue acquisitions and investment opportunities, in addition to general corporate purposes. The... Read More »
Janus Living Goes Public After Upsizing IPO

Janus Living Goes Public After Upsizing IPO

Janus Living, a Healthpeak Properties-formed REIT and now the only publicly traded U.S. REIT fully dedicated to seniors housing with its entire portfolio structured under RIDEA, has launched its initial public offering of Class A-1 common stock. The company is now listed on the NYSE under the ticker “JAN.” It plans to pay a quarterly dividend of $0.1425 per share, or $0.57 annually, representing an approximate 3% yield. The night prior to the IPO, the company upsized the offering to 42 million shares, from 37 million, and priced the deal at the top of its $18 to $20 per share range. At pricing, Janus Living was expected to raise $840 million, up from its previous range of $666 million to... Read More »
State of the Healthcare M&A Market Webinar

State of the Healthcare M&A Market Webinar

LevinPro HC convened a panel of healthcare dealmaking experts to talk about M&A trends across the healthcare services spectrum, valuation metrics, private equity activity and regulatory headwinds. The conversation also covered our latest healthcare M&A statistics. Ben Swett, Managing Editor of LevinPro HC moderated the panel, which included John Tiedmann, Managing Director of Physician Growth Partners, Bill Hoffman, Shareholder of Polsinelli, and Matt Bogle, Managing Director of Intrinsic. Read More »
New 1031 Exchange Platform Launches

New 1031 Exchange Platform Launches

A new 1031 exchange platform designed to provide advisors and their clients with access to institutional-quality real estate investments through Delaware Statutory Trusts has launched. A Fortress Investment Group affiliate, Fortress Real Estate Exchange, will initially target investments in seniors housing, student housing and multifamily properties.  The platform’s goal is to help real estate owners with investment planning objectives, including the deferral of capital gains taxes, diversification of investment strategies and/or real estate exposure, and transition them away from active real property management. The platform also aims to deliver both stable cash flows and the... Read More »
Brookdale’s Portfolio Stumbles in February

Brookdale’s Portfolio Stumbles in February

Brookdale Senior Living reported its February 2026 occupancy numbers, and if the remaining cold weather months even closely resemble what the company has posted so far this winter, they will need to do some serious heavy lifting this summer to progress in its census rebound.  All of its reported occupancy figures, including consolidated and same-community weighted average and month-end occupancy, posted year-over-year increases, but each also reported declines in recent months. Focusing on its same-community portfolio for now, February’s weighted average occupancy came in at 82.6%, a 160-basis-point increase year over year, but it has now declined for four consecutive months, dropping... Read More »
National Health Investors Reports Its Most Active Year

National Health Investors Reports Its Most Active Year

National Health Investors released its fourth-quarter and full-year 2025 results, and it made significant strides in 2025. The REIT completed $392.4 million in investments, marking its most active year yet. Its SHOP portfolio expanded from 15 communities to 26 during the year, and has kept the momentum going into 2026. So far this year, the company has announced that it purchased nine assisted living communities with 460 units across Kentucky, South Carolina and Tennessee. The portfolio was acquired for $104.5 million, or $227,200 per unit, excluding closing costs. This represents the company’s largest SHOP acquisition to date, and brings its total SHOP investments to $740 million.... Read More »