• Healthcare REIT Divests SNF to In-Place Operating Partner

    Senior Living Investment Brokerage returned to West Des Moines, Iowa, to sell a skilled nursing facility that it had previously sold in 2019. A healthcare REIT was the buyer back then and is now selling the facility to its in-place regional operating partner. Built in 2004, Arbor Springs features 56 beds on an attractive four-acre campus about 10... Read More »
  • Near-Stabilized AL/MC Community Lands Refinance

    Carnegie Capital closed a bridge refinance for a 50-unit assisted living/memory care community in the Houston, Texas MSA. Four years ago, the property was bought by a California-based operator with a growing footprint in Texas. Performance was approximately two to three months from stabilization, but with the acquisition loan maturity looming, a... Read More »
  • Record-Setting HUD Express Lane Application to Commitment

    Cambridge Realty Capital provided a $6.15 million loan to refinance Avalon Memory Care Keller, a 50-bed stand-alone memory care community in Keller, Texas (Dallas-Fort Worth MSA). The fully amortized, 35-year HUD loan was provided for the owner, a Texas limited liability company, that wished to recast bank debt into a long-term non-recourse... Read More »
  • Large Healthcare Owner Receives Financing

    An owner of more than 80 healthcare properties spanning nine states secured bridge and working capital financing for its skilled nursing portfolio in Washington. The financing includes a $40 million bridge loan and a $6 million working capital line of credit, with a 36-month initial term. MONTICELLOAM provided the funding. Read More »
  • Out-of-State Owner Divests to Investor

    A couple of assisted living and memory care communities in Eastern Tennessee recently traded hands. The two properties comprise more than 100 units. A Chicago-based investor aligned with the seller’s long-term vision for the communities acquired the assets, and partnered with a regional operator that was looking to grow their presence in the... Read More »
AHR’s New Interim CEO

AHR’s New Interim CEO

American Healthcare REIT, Inc.’s Chief Executive Officer and President, Danny Prosky, has taken a medical leave of absence, effective February 3, 2026, due to a recent medical event. So, the Company’s Board of Directors appointed Jeffrey T. Hanson, the Chairman of the company’s Board, to serve as Interim CEO and President, effective February 3, 2026. Hanson will work closely with AHR’s senior leadership team to ensure continuity of operations and continued execution of the company’s strategic priorities. We are wishing Danny well. Read More »

The Ensign Group Engages in Acquisition with Eagle Harbor Healthcare in LevinPro Database

The Ensign Group Inc has been linked to a skilled nursing facility merger or acquisition in the LevinPro M&A deal database. The organization is affiliated with Eagle Harbor Healthcare LLC, a private skilled nursing facility located at Madison Ave N in Bainbridge Island, Washington. It was incorporated on December 1, 2014. 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 Eagle Harbor Healthcare LLC in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the skilled nursing facility sector throughout... Read More »
60 Seconds with Swett: Can SNF Supply Match Buyer Demand?

60 Seconds with Swett: Can SNF Supply Match Buyer Demand?

We have been inundated with deals since January 1st, with more than 30 already made public, and the activity is coming on the heels of a record-breaking 2025 when we recorded more than 870 separate transactions. Phew. Based on many of our conversations throughout the last year, much of the momentum in the M&A market has centered around the seniors housing sector, as both distressed and higher-quality, performing properties were brought to market amid improving capital markets conditions.  Looking at U.S. skilled nursing deal activity, however, according to LevinPro LTC, transactions were relatively flat year over year, despite a higher overall spend. It’s true that the SNF market... Read More »
Brookdale Finally Names a COO

Brookdale Finally Names a COO

A decade without a Chief Operating Officer? Maybe that is why Brookdale Senior Living has been suffering. But, they are finally filling the position. Mary Sue Patchett is taking on the role, effective December 1st. With Brookdale’s new regional operating model, which she helped redesign and implement, she will have six regional vice presidents, as well as leaders in clinical, dementia care, service alignment, resident and family engagement and experience and dining reporting to her.  Patchett brings 40 years of senior living operations experience, currently holding the title of Interim Executive Vice President – Community and Field Operations at Brookdale. She joined the company... Read More »
Brookdale Continues Winning Streak

Brookdale Continues Winning Streak

The big question is, why did this not happen earlier? We are talking about Brookdale Senior Living’s occupancy recovery, and why the previous leadership seemed unable to move the needle, but as soon as they were gone, everything has been on an upward trend. Hmmmmm.  Things are not perfect at Brookdale, but they never were. However, same-community occupancy is up by 260 basis points year over year to 82.3%. Even though it lags the rest of the industry, we will take it. Same-community month-end occupancy in October was 84.2%, the highest in years, and a great sign, especially going into the historically tough fourth and first quarters. That represents a 400-basis point increase since... Read More »
Bullish Move by Welltower

Bullish Move by Welltower

Welltower has been a growth and M&A machine under the leadership of Shankh Mitra. As of October 27, the REIT has closed or has under contract close to $14 billion of pro rata gross investments across the U.S., Canada and the United Kingdom this year. These include more than 700 seniors housing properties with more than 46,000 units. Not too shabby. We have covered some of these transactions in other stories, but what really caught our eye was the announcement that Mitra and four other key executives are going to put their future compensation where their strategy is, or something like that. They are “all-in” on increasing shareholder value, which is a good thing, as long as no corners... Read More »