California and Illinois Turnkey Communities Are Up for Bid
Hilco Real Estate announced June 12 as the bid deadline for two assisted living communities, The Courte at Citrus Heights (Citrus Heights, California) and The Landing on Dundee (Wheeling, Illinois). Each community is being sold individually. Bids must be received on or before the deadline of June 12 at 5:00 pm (CT) and must be submitted on the LOI available for review and download from Hilco’s website. Built in 2016 and zoned Restricted Density Multiple Dwelling, The Courte features 48 memory care units with an occupancy rate of 87%. The community is in a region with a robust healthcare network, as healthcare and social assistance account for 13.7% of Sacramento’s workforce. It is... Read More »
Silverado Welcomes New CEO
Silverado announced the appointment of Wayne Sanner as Chief Executive Officer Designate, effective April 28. Sanner will work closely with Co-Founder and current CEO, Loren Shook, as he transitions to the new position. With over two decades of executive leadership in senior living and skilled nursing operations, Sanner brings a proven track record of excellence in scaling multi-side healthcare organizations, improving patient outcomes and fostering purpose-driven cultures. Most recently, Sanner served as Chief Operating Officer of Prestige Healthcare, where he oversaw 80 SNFs caring for 7,000 residents across five states and led a team of more than 10,000 members. Sanner’s... Read More »Yorktown Rehabilitation & Nursing Center Featured in LevinPro Database
The Yorktown Rehabilitation & Nursing Center, a Medicare-licensed private skilled nursing facility, has been spotlighted for a merger or acquisition in the renowned LevinPro M&A deal database. It is situated at 2300 Catherine St in Cortlandt Manor, New York. This facility has been operational since its incorporation on October 9, 2015. LevinPro, a leading source for tracking M&A activity across diverse healthcare sectors such as hospitals, home health, medical real estate, and biopharma, has profiled the significant transaction involving Yorktown Rehabilitation & Nursing Center in its exclusive deal database, accessible to its subscribers here. In its extensive history,... Read More »New Fund Enters Seniors Housing Space
Franklin Templeton and its specialist investment manager, Clarion Partners, announced Clarion Partners Real Estate Income Fund’s entry into the seniors housing sector through a debt investment in The Pearl at Boulder Creek, a seniors housing community with 116 independent living and assisted living units in Boulder, Colorado. CPREX is a closed-end tender offer fund that provides individual investors with access to institutional-quality private real estate through stable, well-leased, cash flow-producing properties across the U.S. Read More »
Sabra’s CIO Retires
Sabra Health Care REIT announced that Talya Nevo-Hacohen, Sabra’s Chief Investment Officer, Treasurer and Executive Vice President, will be retiring effective December 31. Nevo-Hacohen helped build Sabra into a $6.5 billion enterprise with 399 investments from a newly formed REIT with 86 properties leased to a single tenant. Nevo-Hacohen is expected to remain in a consulting role with Sabra pursuant to a two-year consulting arrangement. Darrin Smith, Sabra’s Executive Vice President, Investments, is expected to take on the role of Sabra’s CIO effective January 1, 2026. Smith has over 30 years of real estate experience, and has been with Sabra for five years. A seamless transition is... Read More »Schedule a demo
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