• 60 Seconds with Swett: Sticks and Bricks in ’26?

    The talk around new development is getting a lot more serious in the seniors housing industry, leading us to wonder if our 2024 prediction of “Sticks and Bricks in ‘26” may actually come true, somewhat. Back then, we may have thought that interest rates would have come down a bit more by now, but that the FOMO of getting involved in seniors... Read More »
  • Wyoming SNF Sale Sets New State Record

    There was a new record set for skilled nursing pricing in the state of Wyoming with the sale of Big Horn Rehabilitation and Care Center in Sheridan. Built in the 1960s, the facility features 128 beds and was 61% occupied. It was owned by a regional operator that was looking to recycle capital.  Before the marketing process, Evans Senior... Read More »
  • Owner/Operator Acquires Facility Out of Bankruptcy

    A senior care facility in Worcester, Massachusetts, sold as part of a bankruptcy process with the help of Patrick Burke and Toby Siefert of Senior Living Investment Brokerage. Built in 1970, Donna Kay Rest Home features 60 licensed beds in 31 units, providing a higher level of care and supervision than assisted living but at a lesser acuity than... Read More »
  • Civitas Sells Community to Clarion

    Hap Knowles and Nick Stahler of the Knapp-Stahler Group at Institutional Property Advisors announced that they led the sale of a seniors housing community in the Phoenix, Arizona MSA, to the fast-growing real estate investment firm Clarion Partners. The deal appears to be The Retreat at Alameda, a 110-unit assisted living/memory care community in... Read More »
  • Blueprint Handles Recapitalization

    Blueprint handled the recapitalization of Forest Hills Commons, a 2017-developed, 119-unit assisted living/memory care community in the Louisville, Kentucky MSA. A Louisville-based senior living owner/operator/developer engaged Blueprint in the third quarter of 2025 to begin the process. The asset demonstrated strong in-place performance and... Read More »
Live Oak Bank and Locust Point Finance San Diego Construction Project

Live Oak Bank and Locust Point Finance San Diego Construction Project

Live Oak Bank and Locust Point Capital collaborated to close a $28 million construction loan through an A/B unitranche product for a partnership between RhodesMoore, a San Diego, California-based developer, and Portland, Oregon-based operator Frontier Management, LLC. The financing will support the ground-up construction and lease-up of a Class-A, 81-unit assisted living/memory care community in the Clairemont neighborhood of San Diego.   Called Mt. Acadia, the urban infill development will consist of a 73,000-square-foot building, a 32-space parking deck and 29 surface parking spaces on 1.52 acres. In addition, there will be a 4,440-square foot commercial building with four bays. No other... Read More »

April 28, 2022 Webinar – REITs: After Divesting Billions, They Are Back in Acquisition Mode

Webinar Description: Over the years, the seniors housing and care REITs have played a key role in financing the growth of the senior care industry. But how has the pandemic changed the REITs’ relationship with its senior care assets? Some will leave (or have), some will double down, some will merge, and some new REITs will appear. But operating structures may also change, with new solutions emerging to replace the triple-net leases or management fee agreements. Join our panel of experts to hear the discussion. Panelists: Ben Swett, Editor, The SeniorCare Investor (Moderator)Mark Lamb, Chief Investment Officer, CareTrust REIT​​​​Alex Florea, Head of Capital Markets, Blueprint... Read More »

March 2022 Webinar – Two Years of COVID: What Now, and What’s Next?

March 17, 2022 About the Webinar: It is two years from the start of the pandemic. No one expected it to last this long. What now, and what’s next? Hear what the industry association leaders think should be done to improve the labor situation, increase census and deal with regulatory concerns in the skilled nursing sector. Their members include the entire seniors housing and care sectors, so what they think and do will be crucial for the future of our industry. Panelists: Steve Monroe, Managing Editor, The SeniorCare Investor (moderator) David Schless, President, American Seniors Housing Association (ASHA) James Balda, President and CEO, Argentum Mark Parkinson, President and CEO, American... Read More »

NHI and Welltower Agree to Memorandum of Understanding

Following a late-February announcement that they would work out a settlement to their rent dispute, National Health Investors and Welltower announced that they have entered into a memorandum of understanding on the matter. The MOU stipulates that: NHI and Welltower wish to transition the 16 legacy Holiday Retirement properties to new tenants and that Welltower will use commercially reasonable efforts to complete this by April 1, 2022.NHI desires to sell one legacy Holiday property and that Welltower will use commercially reasonable efforts to facilitate the sale’s closing.Welltower will pay NHI approximately $6.9 million, to be held in escrow until the execution of the final settlement... Read More »
Healthcare Trust Expands Partnership with Senior Lifestyle and Jaybird

Healthcare Trust Expands Partnership with Senior Lifestyle and Jaybird

Healthcare Trust, Inc. (HTI), a public, non-traded real estate investment trust, announced the expansion of a strategic operational relationship with two senior housing operators, Senior Lifestyle Corporation and Jaybird Senior Living. Thirteen HTI-owned communities operated under HTI’s Addington Place brand across Georgia, Michigan and Florida will now be managed by Senior Lifestyle, bringing the total number of HTI properties operated by the company to 24. In addition, seven HTI-owned properties in Illinois, Kansas and Missouri, also operated under the Addington Place brand, will now be managed by Jaybird Senior Living. This expanded relationship brings the total number of HTI-owned... Read More »
Berkadia Adds Steve Muth to Team

Berkadia Adds Steve Muth to Team

M&A and lending activity is on the up as investors look to re-enter or expand their presence in the market, and Berkadia is growing their team to handle what they expect will be a busy year. The company has added Managing Director Steve Muth to Berkadia Seniors Housing & Healthcare, serving on the mortgage banking platform. Mr. Muth will report to SVP, Head of FHA and Seniors Housing Finance Steve Ervin. Berkadia Seniors Housing & Healthcare closed more than $600 million in combined investment sales and financing in 2021 and ended the year as the top-ranking Freddie Mac Lender for Seniors Housing. The team’s 42 transactions encompassed a range of property types across the... Read More »