• Standalone Memory Care Community Sells in San Antonio

    Soon after selling a standalone memory care community in Katy, Texas, Blueprint sold another one in San Antonio, Texas, that was built in 2013. The Landing at Stone Oak was originally marketed in late 2023, but the process came to a halt when ownership chose to continue improving operations rather than transact. The operational turnaround was not... Read More »
  • Investor Acquires Full AL/MC Community

    A local private investment group divested its stabilized seniors housing community, Village at Oakwood Assisted Living. Originally built in 2010 with use of multiple layers of tax credits, the building comprises 90 assisted living and memory care units. The high-quality physical plant sits in Oklahoma City, Oklahoma, and was 100% occupied at the... Read More »
  • Joint Venture Expands Its Portfolio

    Foundry Commercial and Fortress Investment Group acquired two seniors housing communities in Central Florida with a combined 180 assisted living and 72 memory care units (a total of 260 beds). This is the joint venture’s second transaction, marking the third and fourth communities added to the joint portfolio. The undisclosed seller was... Read More »
  • California SNF Gets New Operator

    Evans Senior Investments helped the owner of a 120-bed skilled nursing facility find a new operator. The new management company, which has a strong regional footprint, will pay $3.75 million in annual rent to the investor owner, Don Gormly. Built in 2016, the 120-bed facility is Anberry Transitional Care in Merced, California. Its occupancy was... Read More »
  • CCRC Secures Funding for Expansion

    Ziegler announced the closing of Friendship Village of Kalamazoo’s $103.585 million Series 2026A, B-1, B-2, and B-3 bonds issued through the Economic Development Corporation of the City of Kalamazoo. Lifecare, Inc., doing business as Friendship Village Kalamazoo, is on approximately 72 acres within Kalamazoo, Michigan. The 364-unit CCRC comprises... Read More »
Gallaher Companies Launches Management Company

Gallaher Companies Launches Management Company

Gallaher Companies, which has decades of experience in seniors housing design and development, launched Gallaher Signature Living, a management company that will oversee operations for the company’s growing portfolio of California seniors housing communities. Page Ensor has been appointed as Chief Executive Officer, bringing more than 25 years of senior care leadership, including oversight of 70 communities across four states during her tenure with Brookdale Senior Living as the Vice President of Operations. Let’s hope she employs the new Brookdale strategy, which is working better than the one under the Cindy Baier regime. We wish her luck in her new venture.  Gallaher Companies is... Read More »
Brookdale’s Occupancy Keeps Improving

Brookdale’s Occupancy Keeps Improving

It is a shame that Brookdale Senior Living did not do two years ago what it has been doing for the past nine months or so. Weighted average occupancy in August 2025 was 81.8%, up 70 basis points sequentially. This was the seventh month in a row the company posted an increase. Month-end occupancy in August was 83.2%, up 60 basis points sequentially and up 280 basis points from a year ago. That represents the ninth month in a row of an increase. The proof will be in the third quarter results and whether these increases are profitable or just increases in census for the sake of growth. It will all depend on the level of discounting as well as expense control. Time will tell. Read More »
PACS CFO Resigns

PACS CFO Resigns

PACS Group saw another potential setback to its public image, announcing that its CFO Derick Apt resigned on September 2 after it was determined that he had accepted a series of high-value items from individuals associated with a group of related entities with which PACS does business. The company was in the middle of its previously disclosed investigation into Medicare billing discrepancies in mid-July 2025 when the Audit Committee of the company’s board of directors became aware of the allegations against Apt.  Based upon the results of an immediate investigation that was launched, the Committee made interim findings that Apt’s receipt of these items of value violated company... Read More »

Crestwood Rehabilitation Center in LevinPro Database

Crestwood Rehabilitation Center has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a private skilled nursing facility situated at 14255 Cicero Ave in Crestwood, Illinois. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving Crestwood Rehabilitation Center in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout its history. To see the underlying deal data, or for information on subscription options,... Read More »

Ignite Medical Resort Dyer LLC’s Merger in LevinPro Database

Ignite Medical Resort Dyer LLC has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a private skilled nursing facility situated at 1532 Calumet Ave in Dyer, Indiana. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving Ignite Medical Resort Dyer LLC in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout its history. To see the underlying deal data, or for information on subscription options, go to... Read More »
Gallaher Companies Launches Management Company

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 »