Montgomery Intermediary Group Brings on New Advisor
Continuing its momentum in 2026, Montgomery Intermediary Group (MIG) announced that it hired Colin Thomas, CFA as an investment sales advisor. In this role, Thomas will lead seniors housing and skilled nursing transactions across Texas, Oklahoma, Arkansas and Louisiana, expanding MIG’s coverage and capabilities in these markets. Thomas’s experience bridges institutional finance and front-line operations. Most recently, he held executive operating roles in post-acute care, where he led enterprise-wide transformation initiatives, financial restructuring efforts, and a full-platform transition involving more than 2,000 patients and over 200 employees across home health, hospice and... Read More »
PACS Group Expands in Alaska
PACS Group has acquired its fourth building in the state of Alaska. At the beginning of the year, it was announced that the company acquired three seniors housing communities in the state from a seniors housing owner/operator that was represented by Vince Viverito, Jason Punzel, Jake Anderson and Taylor Graham of Senior Living Investment Brokerage (more on that deal can be found here on LevinPro LTC). SLIB also handled the sale of the fourth building. Independently operated subsidiaries of PACS Group have now acquired the operations of Ridgeway Senior Living, an assisted living community in Anchorage, Alaska, that was built in 2019 and has 92 beds. As part of the transaction, PACS acquired... Read More »
Sabra Health Care REIT Picks Up the Transaction Pace
Sabra Health Care REIT is ramping up its senior care M&A activity and its SHOP exposure, set to exceed the $450 million in investments it spent in 2025. The REIT completed several transactions during the first quarter, with investments closed year to date totaling $206.1 million, with an estimated initial cash yield of 8.0%. The pipeline includes an additional $200 million of managed seniors housing and skilled nursing investments awarded to Sabra with an estimated initial cash yield of approximately 8.2%, most of which is expected to close during the second quarter. In the first quarter of this year, Sabra acquired three managed seniors housing communities and one skilled nursing... Read More »
Clarion Partners Continues Growing
Clarion Partners is continuing on its acquisition streak, adding Legacy House of Avondale to its portfolio. The 169-unit Class-A assisted living/memory care community is in the Phoenix, Arizona MSA, with a strong operational footing. Clarion Partners further expanded its relationship with MorningStar Senior Living through the deal, partnering with the operator to manage the community. Clarion plans to focus on rate optimization and expense efficiencies to further enhance performance. Earlier in April, Clarion also announced the purchase of Golden Ridge in Peoria, Arizona, partnering with MorningStar on that deal too. Amy Sitzman, Ryan Chase and Jake Rice of Blueprint handled the sale,... Read More »
Blueprint Handles Virginia Deal
A publicly traded company engaged Blueprint to sell a value-add independent living community in a growing submarket of Richmond, Virginia. Built in 1987, the 122-unit community could benefit from investments in the physical plant. It was also not stabilized. A competitive market generated multiple bids in multiple rounds and improved pricing for the asset, although the price was not disclosed. Regional operators, national seniors housing platforms and private equity-backed groups showed interest, but the seller put significant weight on execution certainty. So, an experienced seniors housing investor with a history of closing transactions on time and on terms was awarded the... Read More »
Public REIT Acquires Full-Continuum Communities
A pair of full-continuum seniors housing communities that sit approximately 10 miles apart traded in Northwest Arkansas. Village on the Park Bentonville in Bentonville and Village on the Park Rogers in Rogers offer a total of 208 independent living, assisted living and memory care units. Each community also offers contiguous land for further expansion opportunities. The assets have a history of strong occupancy and performance. Cody Tremper, Dave Fasano, Ross Sanders and Mike Garbers of Berkadia Seniors Housing & Healthcare closed the sale on behalf of a joint venture between Harrison Street Asset Management and Bridgewood Property Company, a Houston-based senior living... Read More »
VIUM Capital Leads HUD LEAN Mid-Year Rankings
HUD’s fiscal year 2026 hit the halfway point on March 31, and so far VIUM Capital is leading the way in closed 232 loans and by total loan volume with 41 transactions and $598.0 million in volume, respectively. That represents 22% of the program’s closed loans in the first half of the fiscal year and 19% of the total volume. And 32 of VIUM’s HUD closings, or 78%, took out VIUM bridge debt. In second place was Greystone with 23 closed loans and $445 million of volume. Dwight Capital closed 17 loans, good for third place, and $304 million in volume, for fourth place. KeyBank and Capital Funding Group tied with 16 closed loans each and closed $344 million and $232 million in volume,... Read More »
Ikaria and G Capital Close Scattered Site HUD Deal
Ikaria Capital Group and G Capital recently teamed up on a $30 million seven-asset portfolio HUD refinancing for Bethany Homes, a regional owner/operator based in Northern California. The portfolio included five six-bed Residential Care Facility for the Elderly (RCFE) homes (built in 1949, 1954, 1958, 1958 and 1979), a 20-unit assisted living community called Livermore Valley Senior Living (built in 1963), and a 29-unit assisted living community built in 2021 called Bethany Homes Assisted Living. The assets are scattered across the Bay Area towns of Concord, Lafayette and Livermore. Occupancies have held steady around 90% for many years. This was a long-term project over the course of... Read More »
Berkadia Is Off to the Races
Berkadia’s Seniors Housing & Healthcare platform had an active first quarter of lending, originating more than $508 million in financing volume. The mortgage banking platform closed 32 transactions, including $128 million in Berkadia Bridge fundings across 15 deals. The seniors housing investment sales platform closed an additional 40 seniors housing and healthcare transactions. In one notable transaction, Berkadia completed the sale and financing of The Pillars at Lakeville, a Class-A community with 100 independent living, assisted living and memory care units in Minnesota. More on the deal can be seen here on LevinPro LTC. Berkadia also completed the sale and financing of The... Read More »
Senior Care Owner Secures Additional Financing
MONTICELLOAM provided $144 million in combined bridge and working capital financing to a six-facility skilled nursing portfolio in Washington. The transaction includes a $140 million bridge financing and a $4 million working capital line of credit, with a 36-month initial term. The sponsor is a returning healthcare client with a regional West Coast footprint that includes more than fifteen facilities. The bridge loan was used for the acquisition of the six skilled nursing facilities, which comprise over 720 licensed beds. A week earlier, MONTICELLOAM closed an investment for $46 million with the same sponsor (read more on that here on LevinPro). Read More »Schedule a demo
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