• Eight Wisconsin Senior Care Assets Sell in Four Deals

    by | Nov 21, 2025 3:02 pm | Acquisitions

    Senior Care Realty had an active October, with a handful of deals closed by Chad Wegner and Bob Richards. The four transactions involved senior care assets spread throughout Wisconsin. In one of the transactions, Chad Wegner of Senior Care Realty sold four assisted living and memory care communities across two campuses in Wisconsin. The... Read More »

  • Public REIT Offloads SNFs Following Lease Non-Renewal

    by | Nov 21, 2025 2:48 pm | Acquisitions

    Blueprint started the fourth quarter well after selling a portfolio of skilled nursing facilities in Florida, California and Virginia, on behalf of a public REIT. The existing tenant elected not to renew its master lease, prompting the portfolio divesture. The first closing was completed in Florida for two high-quality SNFs. The two facilities... Read More »

  • Senior Care Owner/Operator Acquires AL Community

    by | Nov 21, 2025 2:45 pm | Acquisitions

    Dan Mahoney and Dillon Rudy of Blueprint were engaged by a Louisiana-based not-for-profit owner/operator to market a 40-unit assisted living community in the Inland Northwest region of Idaho. The property maintained a steady resident base and in-place HUD financing. The organization was divesting because the asset no longer geographically aligned... Read More »

  • Developer Divests to Capital Group

    by | Nov 21, 2025 2:42 pm | Acquisitions

    A Class-A seniors housing community near Wichita, Kansas, found a new owner thanks to Evans Senior Investments. The seller developed the community in 2014 and has operated it since then. There are 101 units of independent living, assisted living and memory care. Occupancy was consistent around 90%, and the operating margin was in the high-20s,... Read More »

  • Stellar Senior Living Finances Arizona Community

    by | Nov 21, 2025 2:40 pm | Acquisitions, Financings

    Marcus & Millichap arranged $22 million in financing for The Springs of Scottsdale, a 143-unit independent living community in Phoenix, Arizona. Paul Winterowd secured the financing with a national life insurance company on behalf of Stellar Senior Living. The sponsor secured a five-year loan at 60% loan-to-value, with a competitive interest... Read More »
Medistar Divests to Ignite in Texas

Medistar Divests to Ignite in Texas

by | Apr 16, 2024 3:59 pm | Acquisitions

Blueprint was enlisted by a private investor/developer, Medistar, to divest its value-add, senior care campus in Katy, Texas. Built in 2018, the campus features 70 skilled nursing beds and 78 assisted living units (with 34 beds). The campus maintained a steady lease-up trajectory that was halted due to the pandemic. With a minimal amount of dually-certified beds, it struggled to turn a profit. Occupancy throughout the marketing process varied, however, by closing it was around 40%, and the campus was losing money.  Multiple interested parties proposed stepping in as interim managers to attempt to turn the campus around and prepare for disposition. An operator was selected to execute a... Read More »
60 Seconds with Swett: The Battle of the Brokers

60 Seconds with Swett: The Battle of the Brokers

by | Apr 16, 2024 3:26 pm | 60 Seconds

This Thursday, April 18th at 1pm ET, The SeniorCare Investor will be hosting its first ever Quarterly Investor Call, a virtual event available to our readers that will bring together the latest M&A and valuation data from our platform LevinPro LTC, relevant deal case studies and a robust Q&A period with our audience. Editor-at-large Steve Monroe and I will be joined by three active brokers, Ryan Maconachy of Newmark, Matt Alley of SLIB and Alex Florea of Blueprint, to discuss the current dealmaking environment, everything from the transaction process to buyer and seller dynamics, to pricing and, of course, to financing all sorts of deals. So, if you are thinking about buying,... Read More »
Harrison Street Divests Seniors Housing Portfolio

Harrison Street Divests Seniors Housing Portfolio

by | Apr 12, 2024 3:09 pm | Acquisitions

Meridian Capital Group’s senior housing and healthcare team was enlisted by Harrison Street in the divestment of a three-property seniors housing portfolio in Wisconsin and North Dakota. The communities comprise 146 independent living, 139 assisted living and 143 memory care units. New Perspective Senior Living, the in-place operator, will continue to manage the communities. Ari Adlerstein, Josh Simpson and Jesse Rauch handled the transaction. The Meridian team has closed $735 million in financing year-to-date in 2024, on top of the over $5 billion in transaction volume in 2023. Read More »
Clearwater Living Acquires Class A Community in Texas

Clearwater Living Acquires Class A Community in Texas

by | Apr 12, 2024 3:08 pm | Acquisitions

Clearwater Living, a real estate and property management company that owns, operates and develops high-quality seniors housing communities, acquired a Class-A seniors housing community in Houston, Texas. This is Clearwater’s first Texas acquisition. The company has eleven other communities across California, Nevada and Arizona, with additional properties currently under development. Built in 2022 through a partnership between Hines (based in Houston) and Watermark Retirement Communities (based in Arizona), The Watermark at Houston Heights comprises 220 total units and will be rebranded as Clearwater at The Heights. Out of the 220 units, 201 are independent and assisted living units and 19... Read More »
Not-For-Profit Nets High Value for Tennessee SNF

Not-For-Profit Nets High Value for Tennessee SNF

by | Apr 11, 2024 4:11 pm | Acquisitions

Blueprint was enlisted by a not-for-profit joint venture, The Trousdale Foundation and its management company based in Cleveland, Tennessee, Trousdale Living Communities, Inc., in its divestment of a Tennessee skilled nursing facility.  Built in 1982, the facility comprises 81 beds on four acres approximately 10 miles south of Sweetwater Hospital. It is the only licensed provider in the city, and generated positive cash flow as a result of census growth and a recent Medicaid rate increase. The facility never reached the marketing stage, as Blueprint presented options to the seller, which ultimately selected a New York-based provider that was looking to expand in Tennessee. The... Read More »
ESI Handles California CCRC Portfolio Acquisition

ESI Handles California CCRC Portfolio Acquisition

by | Apr 11, 2024 4:10 pm | Acquisitions

Evans Senior Investments facilitated the sale of two senior living communities in Texas on behalf of a regional owner/operator. ESI targeted seniors housing investors and secured multiple offers before a local owner/operator was selected as the ultimate buyer.  Evans also announced that it represented the seller in CareTrust REIT, Inc.’s acquisition of three California CCRCs that, combined, feature 475 skilled nursing, assisted living and memory care beds/units. The total purchase price was around $60 million, or $126,900 per bed/unit. The communities are in Los Angeles, Orange and San Diego counties. The incoming operator for these three communities is Southern California-based... Read More »
Institutional Investor Divests Class-A Community in Illinois

Institutional Investor Divests Class-A Community in Illinois

by | Apr 9, 2024 3:44 pm | Acquisitions

Senior Living Investment Brokerage facilitated the sale of a Class-A seniors housing community in a southern submarket of Chicago, Illinois. The seller was a Midwest-based institutional investor that had partnered with Dial Senior Living on a larger portfolio. The asset had reached its investment horizon within a fund, hence the divestiture.  Willow Falls comprises 188 units of independent living, assisted living and memory care in the town of Crest Hill. It was purchased by a Midwest-based owner/operator looking to expand its existing footprint in the Midwest and to enhance the assisted living and memory care components at the community, as well as improve occupancy. There was a... Read More »