Owner/Operator Divests to Private Fund in Florida
Bradley Clousing, Daniel Geraghty and Ryan Saul of Senior Living Investment Brokerage were engaged by a Southeast owner/operator in its divestment of two seniors housing communities that sit a few blocks apart in Wilton Manors, Florida. The buildings total 159 independent living and assisted living units, and were cash flow negative when the seller acquired them in late-2022. Post-acquisition, the owner/operator completed extensive renovations, and then the operator, Golden Bell Senior Living, was brought on to rebuild census and significantly improve operating performance at both of the communities. The buyer, a South Florida-based private fund, will keep Golden Bell on as the operator.... Read More »
GEM Realty Capital Expands Its Active Adult Portfolio
The CBRE Capital Markets Houston Multifamily Group and CBRE National Senior Housing handled the sale of an active adult community in Houston, Texas. Built in two phases in 2006 and 2012, Elate Royal Oaks, previously known as Camden Royal Oaks, consists of 340 units (236 were built in Phase 1, and 104 were built in Phase II). Clint Duncan, Matt Phillips, Jock Naponic, Nolan Mainguy and Philip Kerr of the Multifamily Group, as well as Aron Will and John Sweeny on the seniors housing side, represented the seller. CBRE National Senior Housing also acted as the advisor in securing acquisition financing on behalf of the buyer through its Debt & Structured Finance team. Aron Will and Michael... Read More »
New Venture Secures Acquisition Financing and Purchases Active Adult Community
Newmark arranged the sale and financing for a seniors housing community in Huntington Beach, California. The seller, Bascom Group, was represented by Newmark Vice Chairman Dean Zander, who worked on the deal with Voit Real Estate Services’ Joe Leon and Nick Ingle. Huntington Breeze is a 114-unit, 103,000-square-foot active adult community that was built in 1987 and renovated in 2017. Newmark Executive Managing Directors Vincent Punzi and Lowell Takahashi facilitated acquisition financing on behalf of the buyer, WSW Property Ventures, a new venture headed by Steve Wasserman, Pamela Scott and George Wu. WSW plans to unlock additional value through strategic initiatives, including the... Read More »
BWE Arranges Bond Financing for California IL/AL/MC Community
Ryan Stoll and Taylor Mokris of BWE arranged $65 million in bond financing for Ivy Park at Milpitas, a seniors housing community with 199 independent living, assisted living and memory care units in Milpitas, California. The financing was secured on behalf of a joint venture between Blue Mountain Enterprises and SRM Development. Oakmont Management Group is managing the property. The loan was structured as a 15-year bond issuance, credit-enhanced by a letter of credit from Poppy Bank, and features five years of interest-only payments along with a favorable covenant structure. The financing provides the sponsor with enhanced flexibility and a long-term runway to complete lease-up and drive... Read More »Aperion Care Arbors Michigan City in LevinPro Database
Aperion Care Arbors Michigan City 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 1101 E Coolspring Ave in Michigan City, Indiana. 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 Aperion Care Arbors Michigan City 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 »Autumn Breeze Health and Rehab Featured in LevinPro M&A Deal Database
Autumn Breeze Health and Rehab 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 1480 Sandtown Rd SW in Marietta, Georgia. It was incorporated on January 29, 2015. 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 Autumn Breeze Health and Rehab 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... Read More »Brookside Multicare Nursing Center Highlighted in LevinPro’s M&A Database
Brookside Multicare Nursing Center has been linked to a merger or acquisition according to the LevinPro M&A deal database. This Medicare-licensed facility is a private skilled nursing facility situated at 7 Route 25A in Smithtown, New York. The center was incorporated on August 23, 2016. LevinPro, renowned for tracking M&A activity across over a dozen healthcare sectors—ranging from hospitals and home health to medical real estate and biopharma—has profiled the transaction involving Brookside Multicare Nursing Center in its comprehensive deal database, accessible to subscribers here. LevinPro’s robust tracking has documented thousands of deals in the skilled nursing facility... Read More »London Health & Rehab Center Involved in M&A Activity in LevinPro Database
London Health & Rehab 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 218 Elm St in London, Ohio. It was incorporated on June 16, 2014. 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 London Health & Rehab 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 »The Springs Healthcare Center at the Carlotta Linked to Merger in LevinPro Database
The Springs Healthcare Center at the Carlotta 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 41505 Carlotta Dr in Palm Desert, California. 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 The Springs Healthcare Center at the Carlotta 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 »Arbors at Fairlawn Involved in M&A Activity in LevinPro Database
Arbors at Fairlawn 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 575s Cleveland Massillon Rd in Fairlawn, Ohio. It was incorporated on November 19, 2014. 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 Arbors at Fairlawn 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 »Schedule a demo
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