• Another Senior Care REIT Files for IPO

    Another senior care REIT is eyeing the public markets after filing a registration statement with the SEC for a proposed offering of Class A common stock. National Healthcare Properties’ offering remains subject to market conditions and other customary conditions, and the number of shares and pricing range have not yet been determined. And if... Read More »
  • SLIB Handles High-Quality SNF Sale in Texas

    Matthew Alley of Senior Living Investment Brokerage handled the sale of a high-quality skilled nursing facility in Lubbock, Texas. Built in 2010 and 2013, Crown Point Health Suites features 108 beds and is well maintained. It also performed strongly, with a 20% margin on nearly $14.5 million of revenues, and an 86% occupancy rate. Its independent... Read More »
  • Jaybird Senior Living Acquires Multi-State Portfolio

    An affiliate of Jaybird Senior Living, Jaybird Capital, acquired five senior living communities across Utah, Wisconsin and Minnesota. Jaybird assumed management of the communities in October and stabilized them before executing on the purchase. The company is currently targeting the addition of 15 more communities to its portfolio throughout the... Read More »
  • Newly Formed Investment Firm Enters Senior Care

    An 84-unit assisted living/memory care community in Jacksonville Beach, Florida, recently traded with the help of Continuum Advisors, which represented the institutional joint venture seller. Built in 2014, Beach House has 64 assisted living and 20 memory care units, with 100 licensed beds. It is situated on a barrier island near some of the most... Read More »
  • Seller Divests Geographic Outlier to Large Owner/Operator

    Senior Living Investment Brokerage announced that it sold a well-occupied seniors housing community in Oregon. The building is on an acre in Sheridan, and comprises 44,805 square feet. It was developed in 1996 and features 53 assisted living units. The community was 94% occupied at the time of closing.  Jason Punzel, Vince Viverito, Jake... Read More »

Norview Heights Rehabilitation and Nursing Featured in LevinPro M&A Database

Norview Heights Rehabilitation and Nursing 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 827 Norview Ave in Norfolk, Virginia. It was incorporated on September 14, 2021. 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 Norview Heights Rehabilitation and Nursing 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... Read More »

The Waterton Healthcare And Rehabilitation Involved in M&A Transaction in LevinPro Database

The Waterton Healthcare And Rehabilitation has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a not for profit skilled nursing facility situated at 2875 Shiloh Rd in Tyler, Texas. It was incorporated on November 8, 2012. 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 The Waterton Healthcare And Rehabilitation 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... Read More »

The Waters Of Muncie Featured in LevinPro M&A Database

The Waters Of Muncie has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a not for profit skilled nursing facility situated at 2400 Chateau Dr in Muncie, 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 The Waters Of Muncie 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 »

The Grove of Fox Valley Involved in Potential M&A Activity in LevinPro Database

The Grove of Fox Valley 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 1601 N Farnsworth Ave in Aurora, 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 The Grove Of Fox Valley 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 »

The Virginian Facility Identified in LevinPro M&A Deal Database

The Virginian 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 9229 Arlington Blvd in Fairfax, Virginia. It was incorporated on December 7, 2018. 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 The Virginian 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... Read More »

The Village at Victory Lakes’ M&A Activity Highlighted in LevinPro Database

The Village at Victory Lakes has been linked to a merger or acquisition in the LevinPro M&A deal database. The Medicare-licensed facility is a not for profit skilled nursing facility situated at 1055e Grand Ave in Lindenhurst, Illinois. It was incorporated on February 27, 1940. 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 The Village at Victory Lakes in its deal database, which is available to subscribers. LevinPro has a comprehensive understanding of the market dynamics and offers detailed insights into thousands of M&A deals, especially... Read More »

Pearl At The Tillers: A Merger or Acquisition Highlight in LevinPro Database

Pearl At The Tillers 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 4390 Route 71 in Oswego, 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 Pearl At The Tillers 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, visit... Read More »
60 Seconds with Swett: Kamala Proposes Medicare Coverage of In-Home Senior Care

60 Seconds with Swett: Kamala Proposes Medicare Coverage of In-Home Senior Care

We are getting down to the wire in the 2024 presidential election, and the grasping for new groups of constituents is getting more intense. To appeal to the “sandwich generation,” or those middle-aged people that are simultaneously caring for their children and for their aging parents, Kamala Harris is now proposing a new Medicare benefit for in-home eldercare. As if we haven’t had enough politicization of long-term care from politicians this year. The proposal would cover long-term home care services, including health aides. Right now, Medicare only covers certain home health services with restrictions on hours of care per day and per week, and it does not cover 24-hour care at home like... Read More »
Large Florida CCRC Secures Bond Financing

Large Florida CCRC Secures Bond Financing

Ziegler announced the closing of the Series 2024C bonds for The Christian and Missionary Alliance Foundation, d/b/a Shell Point Retirement Community. Shell Point currently comprises 1,334 independent living units, 356 assisted living units and 180 skilled nursing beds on 700 acres in Fort Myers, Florida, across seven neighborhoods: The Island, Palm Acres, The Woodlands, Eagles Preserve, The Enclave, The Estuary and Waterside.  Shell Point will use the proceeds of the Series 2024C bonds, together with other funds, to construct a “Town Center” for the community in the Island neighborhood. It will be used to house Shell Point’s administration building and its current Island amenities, as... Read More »
National Healthcare System Exiting Industry

National Healthcare System Exiting Industry

Evans Senior Investments facilitated the sale of a seniors housing community in the Dallas-Fort Worth, Texas MSA, on behalf of a national healthcare system exiting the industry. The buyer was a regional owner/operator with an existing footprint in Texas.  Built in 2013 and expanded in 2019, Three Forks Senior Living of Forney comprises 60 assisted living and 20 memory care units in Forney, Texas. At the time of marketing, the community was 65% occupied, entirely private pay and generated $2.89 million in annual revenue. However, it faced several operational challenges that resulted in a low NOI. Read More »
PGIM Acquires Class-A Community in Florida

PGIM Acquires Class-A Community in Florida

Berkadia announced the sale and financing of a Class-A seniors housing community in the Orlando, Florida MSA, Oakmonte Village at Lake Mary. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers represented the seller while Austin Sacco and Steven Muth handled the mortgage banking advisory services. The transaction closed in September. The buyer was a joint venture between PGIM Real Estate and Grand Living. Built in phases between 2009 and 2015, Oakmonte Village comprises 351 independent living, assisted living and memory care units in Lake Mary, Florida. The community sits on 25 acres and spans across one three-story IL building, one three-story AL building, one single-story MC... Read More »