AL/MC Community Sale Presents Stabilization Opportunity
JLL Capital Markets announced it has arranged the off-market sale of Laguna Estates Senior Living, a 168-unit seniors housing community in Carlsbad, California. Built in phases from 1987 to 1995, the community has a mix of assisted living and memory care units spread over four single-story and three-story buildings. It was just 46% occupied at the time of the deal. The buyer was Sunny Hills Management Company. JLL’s Seniors Housing Capital Markets team representing the seller was led by Senior Managing Director Aaron Rosenzweig and Senior Director Dan Baker. Read More »Another Amira Choice Community Sells
The Goodman Group made another seniors housing purchase, acquiring Amira Choice Sarasota in Florida. Built in 2020, this community has 198 units of independent living, assisted living and memory care on 11 acres. It has luxury amenities, including an outdoor heated pool, fitness studio, piano lounges, art studio and gallery, yoga space, a pet park, therapy gym, salon and spa. The seller was United Properties, and the community will be renamed Legends of Sarasota. Brooks Blackmon and Lauren Nagle of Blueprint handled the transaction. In August 2025, Blueprint had also sold the 128-unit Amira Choice Naples to REDICO and American House. Details of that... Read More »
Large Portfolio Trades in Upstate New York
We heard rumblings of a large portfolio of upstate New York independent living communities selling, and the deal closed right before Christmas. Jeff Binder, Ryan Saul and Dave Balow of Senior Living Investment Brokerage handled the transaction, working on behalf of the receiver. Located in the Rochester MSA, the five communities were built between 2000 and 2008 and consisted of 701 units on 15 total acres. After procuring multiple offers from national and regional buyers, SLIB sold the portfolio to an out-of-state private equity group that partnered with a New York-based operator. On December 23, Cougar Capital Management announced on LinkedIn that it closed the $71... Read More »
Life Plan Community Secures Bond Financing
Ziegler closed Meadowlark Hills’ $53.8 million Series 2025 bonds through the City of Manhattan, Kansas. Founded in 1975, Meadowlark is a CCRC on 55 acres in Manhattan with 137 independent living apartments, 50 independent living duplexes and cottages, 38 assisted living apartments, and a 134-bed skilled nursing facility (60 private beds and 74 semi-private). Meadowlark Hills offers primarily “Type B” entrance fee plans to their residents. Meadowlark most recently came to the bond market in 2022 to fund “The Monarch” expansion, which filled in just 40 days. Meadowlark currently maintains a waitlist of over 400 prospective residents for its current campus. This financing... Read More »
Property/Asset Management Firm Buys SH Community
JLL Capital Markets arranged the sale of Laguna Estates Senior Living, a 168-unit assisted living/memory care community in Carlsbad, California. JLL’s Senior Housing Capital Markets team, led by Aaron Rosenzweig and Dan Baker, represented the seller in the transaction. Sunny Hills Management Company purchased the asset for an undisclosed amount. Laguna Estates Senior Living features four single-story and three-story buildings. Amenities include an activities room, beauty salon, billiards room, dining room, fitness center, movie room, piano room, putting green and swimming pool with hot tub. Services are also available for transportation, housekeeping and support... Read More »
CareTrust REIT Makes a Portfolio Acquisition in Texas
Three Orchard Park assisted living communities in Texas sold with the help of CBRE National Senior Housing. The portfolio consisted of 270 assisted living and memory care units. Orchard Park at Victory Lakes and Orchard Park at Southfork are located in Houston, while Orchard Park of Kyle is located within the Austin MSA. Occupancy was around 86%. CareTrust REIT paid $39.85 million, or $147,600 per unit, funding the deal with cash on hand. The REIT expects the portfolio to deliver a going-in yield of approximately 7%. The seller was represented by the CBRE National Senior Housing team led by John Sweeny and Aron Will. Sinceri Senior Living took over the... Read More »
American Healthcare REIT’s 2025 Investment Highlights
American Healthcare REIT closed over $950 million of new acquisitions in 2025, with no further acquisitions expected to close before year-end. All of the new acquisitions are concentrated in its operating portfolio, which consists of the Integrated Senior Health Campuses and Senior Housing Operating Properties segments, which have driven AHR’s strong operating momentum and growth in 2025. Entering the new year, these segments remain the company’s main focus for new external growth as it looks to further expand with its operating partners. In 2025, approximately $370 million of acquisitions were completed within its ISHC segment, and approximately $590 million within its SHOP... Read More »
National Health Investors’ New Investments
A publicly traded REIT based in Murfreesboro, Tennessee, acquired two assisted living and memory care communities and closed two loan agreements, investing $89.2 million, including transaction costs, across the four separate deals at an average initial yield of 8.02%. National Health Investors purchased a 107-unit AL/MC community in Jamison, Pennsylvania, that is operated by Priority Life Care. It appears to be The Bridges at Warwick, and Priority will remain in-place, marking a new relationship with NHI. The sales price was $52.1 million, or $486,900 per unit, including transaction costs. The community is leased pursuant to a five-year term with an initial lease rate of 8.00%... Read More »
NFP Acquires Hamilton Insurance Agency
NFP, an Aon company and property and casualty insurance broker and benefits consultant, expanded its risk management and integrated benefits administration capabilities through the acquisition of Alan J. Zuccari, Inc., doing business as Hamilton Insurance Agency, a P&C broker and benefits administration provider in Fairfax, Virginia. During the transition, Alan Zuccari, President, CEO and Founder of Hamilton, will serve as Chairman Emeritus, while Joe Zuccari, Executive Vice President, Life and Health, will join NFP as Senior Vice President. Jason Zuccari will maintain his Managing Director title and spearhead efforts to lead the new vertical at NFP. All three... Read More »
JV Acquisition Supported by Structured Capital Stack
After Verdot Capital announced that they partnered with 12 North Capital to purchase Cascades of Grants Pass (a 64-unit full-continuum community in Grants Pass, Oregon), Blueprint revealed that it structured the capital stack for the acquisition. Kristen Ahrens and Pat Maloney presented the transaction to more than 50 capital sources, leading to several parties showing interest. Both the debt and preferred equity were sourced on behalf of the experienced GP borrower. Blueprint targeted regional/national banks, life companies and private lenders for the debt, with a large regional bank winning the debt as a result of their strong terms and pricing, which... Read More »Schedule a demo
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