Local Operator Acquires Vacant Seniors Housing Community
Senior Living Investment Brokerage facilitated the sale of a recently renovated, vacant seniors housing community in Sandy, Oregon. Built in 1962 and renovated in 2022, Mount Hood Senior Living features 44 assisted living and memory care units with 50 beds. It is situated on a 2.35-acre campus with 26,000 square feet. This was the seller’s only seniors community, and they are exiting the industry. The buyer is a local operator and will reopen the community. They paid $6.3 million, or $143,200 per unit, for the asset. Jason Punzel, Brad Goodsell, Vince Viverito, Jake Anderson and Taylor Graham handled the transaction. Read More »
Ohio IL Community Trades for Value-Add AL Conversion
Blueprint was engaged in the sale of a 110-unit seniors housing community in Perrysburg, Ohio. It operated as an independent living community, but was positioned for conversion to assisted living, with a focus on serving waiver-eligible residents. Ben Firestone, Connor Doherty and Ryan Kelly handled the transaction. A buyer with a proven track record in executing value-add conversions and an existing Ohio footprint was ultimately selected. Read More »
Acquisition Financing Arranged for Regional Owner/Operator
Ziegler announced its role as the capital structure advisor and hedge advisor in the placement of a $52.5 million acquisition loan on behalf of a regional owner/operator. The acquisition financing was used to acquire five enhanced independent living communities in Michigan. The portfolio surrounds the Detroit, Michigan MSA, and has a total of 631 units with 695 beds. Christopher Utz advised and negotiated the transaction for the borrower and placed the loan with Oxford Finance. Ziegler’s Structured Products practice placed an interest rate cap through a competitive bid process, ultimately executing the cap with Goldman Sachs. Read More »
Oregon AL Community Secures HUD Refinance
In May 2025, Berkadia closed a $7.6 million 232/223f HUD loan to refinance Whitewood Gardens, a 39-unit assisted living community built in 2013 in Portland, Oregon. The fully amortizing, 35-year term represents 78% LTV and allowed the sponsor to avoid a loan maturity. Ed Williams and Rob Affleck handled the transaction. Early in the process, they pinpointed HUD’s project eligibility requirements, and, during underwriting, addressed the need for additional bathrooms to meet with compliance. Leveraging relationships with HUD engineering and repairs experts, the team guided the construction process, securing approvals on last-minute requests. The loan covered the initially anticipated... Read More »
Harrison Street Secures Acquisition Financing
BWE arranged acquisition financing for a seniors housing community in Carlsbad, California. Ryan Stoll and Taylor Mokris led the financing effort on behalf of Harrison Street. Following a competitive marketing process, the sponsor obtained a 10-year, fixed-rate loan with a full term of interest-only payments from a national life insurance company. Oakmont Santianna comprises 153 independent living, assisted living and memory care units. Originally developed and leased-up by Oakmont Management Group, the property opened in 2022 and will continue to be operated by Oakmont post-acquisition. Since stabilizing, the community has demonstrated strong performance, currently operating at 95%+... Read More »
West Virginia Finds a Buyer for Four SNFs
Skilled nursing deals in West Virginia seem to attract a lot of attention, since it is a highly desirable state to operate SNFs and the small pool of facilities in the state simply means that they rarely come up for sale. But the governor, Patrick Morrisey, just announced that West Virginia has agreed to sell four state-owned skilled nursing facilities totaling 511 licensed beds that were losing around $6 million a year, according to the governor’s office. The prospective buyer is Marx Development Group, a New York-based real estate developer and manager that is focused on several real estate sectors, including hospitality, residential, commercial and healthcare facilities. The deal... Read More »Lock Haven Rehabilitation and Senior Living Involved in M&A Activity in LevinPro Database
Lock Haven Rehabilitation and Senior Living 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 22 Cree Dr in Lock Haven, Pennsylvania. It was incorporated on December 3, 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 Lock Haven Rehabilitation and Senior Living 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 »
Sonida Sees Slight Census Growth
Sonida Senior Living continues its upward occupancy march and announced some positive operations news in its latest earnings report, but its growth was curbed somewhat in the second quarter, at least on a year-over-year basis. First, with the good news, Sonida reported the July end of period spot occupancy for the same-store communities was 88.2%, which is a record high and increased 60 basis points versus June. However, weighted average occupancy for Sonida’s same-store portfolio only increased 40 basis points to 86.5% in the second quarter of 2025 from 86.1% in Q2:24. In the earnings call, President and CEO Brandon Ribar commented that they had seen an “unusually high uptick in... Read More »
Three Separate Deals Close for PA and KY SNFs
Jeffrey Vegh and Joe Schiff of Forest Healthcare Properties closed three skilled nursing transactions. The first deal involved the sale of two skilled nursing facilities that sit near each other just outside Philadelphia, Pennsylvania. The cash-flowing assets total 242 beds. The seller was a New Jersey-based operator, and the buyer entered the state through the acquisition. Forest handled two additional closings, both in Kentucky. In Louisville, a SNF with more than 120 beds and an occupancy rate above 85% changed hands. The buyer was a large regional operator looking to expand its existing footprint in the state. The final transaction involved two SNFs in rural Kentucky, near the... Read More »
Non-Performing SNFs Trade Hands in Miami
Evans Senior Investments represented a regional, Florida-based owner/operator in the sale of two non-core assets, Pinecrest Rehabilitation Center and Tamarac Rehabilitation and Healthcare Center. That seller was NuVision Management, which commented on the eventual purchase price exceeding its expectations, especially for non-performing assets. Built in 1967 and 1979, the two skilled nursing facilities are less than 30 miles from each other in Miami, Florida, and encompass 220 total beds. At the time of securing the buyer, both facilities were losing money, and ESI highlighted the upcoming Medicaid rate increases. No other details were disclosed. Read More »Schedule a demo
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