• 60 Seconds with Swett: The Problem with CMS Interpretive Guidelines

    Just a day after we highlighted the potential downsides of overregulation of assisted living from the federal level, a case of regulatory overreach involving a nursing home just headed to the U.S. Court of Appeals for the Fourth District in hopes of overturning a $1.8 million civil monetary penalty. Without getting into the minutiae too much, the... Read More »
  • Kayne Anderson Fund Tops Target

    The familiar refrain continues, with more capital continuing to flow into the seniors housing industry, property prices should keep rising. Kayne Anderson Real Estate, the real estate private equity arm of Kayne Anderson Capital Advisors, L.P., has closed the largest opportunistic equity fund in its history, at more than 70% above its initial... Read More »
  • Well-Performing Full-Continuum Community Sells

    Blueprint announced its role in the sale of Morningstar at Golden Ridge, a seniors housing community in Peoria, Arizona (Phoenix MSA). Built in 2019, the community has 38 independent living, 65 assisted living and 35 memory care units. It is nearly fully occupied. The community is one of the newest and most well-appointed assets within a... Read More »
  • Kaplan Development Divests to Cedarwood Group

    Cedarwood Group closed its acquisition of Saranac Village at Will Rogers, a 75-unit independent living community in Saranac Lake, New York. The seller was Kaplan Development Group, which took over Will Rogers after the first year of it being open as a senior living community. The community was originally built in 1928 as a Tudor-style... Read More »
  • Omega Welcomes New CEO and CFO

    Omega Healthcare Investors, Inc.’s President, Matthew Gourmand will become the REIT’s Chief Executive Officer in conjunction with the planned retirement of Taylor Pickett, effective October 1, 2026. Pickett will also step down from the Board of Directors upon his retirement, and the Board of Directors intends to appoint Gourmand to the Board,... Read More »
Investor Purchases Upstate New York ALP Portfolio

Investor Purchases Upstate New York ALP Portfolio

A portfolio of ALP (Assisted Living Program) communities sold in upstate New York, with Dave Balow of Senior Living Investment Brokerage handling the transaction. ALP properties serve those who are medically eligible for nursing home placement (and mostly are Medicaid recipients) but provide care for them in a less medically intensive, lower cost setting more similar to an assisted living community. So the state saves on the higher cost of a nursing home, and the provider earns a higher rate than a typical assisted living community. Win-win.  The New York-based seller owns and operates assisted living communities in the downstate region, and divested all of its ALP assets in the... Read More »
Struggling Community Trades in Arkansas

Struggling Community Trades in Arkansas

Evans Senior Investments arranged the sale of a seniors housing community in Maumelle, Arkansas (Little Rock MSA). Built in 2007, Stonehaven Assisted Living comprises 60 assisted living units with both private pay and Medicaid residents. However, over the past year, the community faced some major difficulties. At the time of marketing, occupancy was just 53%, causing financial, staffing and other daily operational challenges.  Recognizing the need for a change, the seller, a national healthcare system, chose to exit the market. A private company ultimately acquired the asset and partnered with a Midwest-based operator, marking its second investment in the state. The transaction was... Read More »
MONTICELLOAM Closes SNF Portfolio Financing

MONTICELLOAM Closes SNF Portfolio Financing

MONTICELLOAM, LLC, a specialized multifamily and seniors housing bridge lending platform, and its affiliates announced the closing of $59.25 million in bridge and working capital financing for a portfolio of skilled nursing facilities in the Chicago area of Illinois. Karina Davydov originated the loan, which carries a two-year term with two six-month extensions. A growing regional operator was the borrower and financed its acquisition of three skilled nursing facilities with more than 700 licensed beds. Proceeds from the $52.25 million bridge loan were used for the acquisition, while the $7.0 million working capital revolver will be used to support the day-to-day operations across the... Read More »

Tucker Operating Company LLC Involved in M&A Activity Highlighted in LevinPro Database

Tucker Operating Company 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 2165 Idlewood Rd in Tucker, GA. It was incorporated on June 16, 2023. 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 Tucker Operating Company 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... Read More »

Lakeside Nursing and Rehabilitation Center May Be Involved in Mergers or Acquisitions in LevinPro Database

Lakeside Nursing and Rehabilitation Center 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 8707 Lakeside Pkwy in San Antonio, TX. 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 Lakeside Nursing and 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... Read More »

Tri State Health and Rehabilitation Center Joins Merger or Acquisition Wave in LevinPro Database

Tri State Health and 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 600 Shawanee Road in Harrogate, Tennessee. 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 Tri State Health and 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... Read More »

Trinity Manor Involved in Merger or Acquisition in LevinPro Database

Trinity Manor 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 510 W Frontview St in Dodge City, KS. It was incorporated on May 22, 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, has profiled the transaction involving Trinity Manor 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 »

Treyburn Rehabilitation Center Listed in LevinPro Database

Treyburn 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 2059 Torredge Road in Durham, NC. It was incorporated on October 31, 2016. 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 Treyburn 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... Read More »

Treyburn Rehabilitation Center Featured in LevinPro M&A Deal Database

Treyburn 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 2059 Torredge Road in Durham, NC. It was incorporated on October 31, 2016. 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 Treyburn 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... Read More »

Treemont Healthcare And Rehabilitation Center in M&A Activity in LevinPro Database

Treemont Healthcare And 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 5550 Harvest Hill Rd Ste 500 in Dallas, TX. It was incorporated on January 24, 1996. 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 Treemont Healthcare And 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... Read More »

7309 Second Avenue Opco LLC Involved in Merger or Acquisition in LevinPro Database

7309 Second Avenue Opco 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 7309 2nd Ave in Sykesville, Maryland. It was incorporated on August 1, 2022. 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 7309 Second Avenue Opco 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... Read More »