• 60 Seconds with Steve Monroe: You’ve Got To Be Kidding

    Sadly, we are not kidding. President Trump has shown his true colors, and his true loyalty to the almighty dollar, with yet another pardon of one of the bad boys of senior care. But this bad boy is the worst of the group. We are referring to the just announced pardon of criminal Joseph Schwartz, the former owner of Skyline Health. Several months... Read More »
  • Publicly Traded REIT Divests Seniors Housing Portfolio

    A Wisconsin-based developer sold its five seniors housing properties in the Badger State to LTC Properties. Tukka Properties has a longstanding relationship with Walker & Dunlop, which had secured development debt, equity and permanent financing for the assets over the years and had also sold a Tukka-developed property to Welltower in 2021... Read More »
  • Sale Revives Stalled Seniors Housing Development

    Blueprint closed on the sale of a partially developed seniors housing community in Pearland, Texas. Originally planned as a 198-unit independent living, assisted living and memory care community on 9.6 acres, the project was approximately 60% complete when development stalled. Blueprint targeted seniors housing operators and developers, as well... Read More »
  • MONTICELLOAM Closes One of Its Largest Financings

    In one of the largest financings the firm has ever completed, MONTICELLOAM, LLC, along with firm affiliates, funded $470.5 million in total bridge and working capital financing for a sixteen-facility skilled nursing portfolio. The sponsor group, which owns and operates over 200 skilled nursing facilities across the country, used the $455.5... Read More »
  • Cash Flowing Assets Trade in Florida and Oregon

    Blueprint was engaged by a repeat institutional private equity client in the sale of a Class-A assisted living/memory care community in the Clearwater, Florida MSA. The community has received investments over the years and offered immediate in-place NOI and strong operating margins, while presenting some value-add opportunities. Kyle Hallion,... Read More »

University Care Center, LLC Featured in M&A Activity in LevinPro Database

University Care Center, 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 1095 University Dr in Edwardsville, IL. 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 University Care Center, 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 subscription options, go to... Read More »

Blue Lake Post Acute Featured in LevinPro M&A Deal Database

Blue Lake Post Acute 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 991 E New York Ave in Deland, FL. It was incorporated on August 22, 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 Blue Lake Post Acute 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 »

Unique Rehabilitation And Health Center LLC Featured in LevinPro Deal Database

Unique Rehabilitation And Health Center LLC, a Medicare-licensed facility, has been linked to a merger or acquisition, as reported in the LevinPro M&A deal database. This private skilled nursing facility is situated at 901 1st Street NW in Washington, DC, and has been operational since its incorporation on April 27, 2017. LevinPro, a comprehensive platform that tracks M&A activity across various healthcare sectors—including hospitals, home health, medical real estate, and biopharma—has profiled the transaction involving Unique Rehabilitation And Health Center LLC. The information about this deal is accessible to LevinPro subscribers. Through its extensive tracking, LevinPro has... Read More »

Elderwood Of Uihlein At Lake Placid Featured in LevinPro M&A Deal Database

Elderwood Of Uihlein At Lake Placid has been linked to a merger or acquisition in LevinPro’s M&A deal database. The Medicare-licensed facility is a private skilled nursing facility situated at 185 Old Military Rd in Lake Placid, NY. It was incorporated on April 22, 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 Elderwood Of Uihlein At Lake Placid 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... Read More »

Ideal Senior Living Center, Inc Involved in M&A Activity in LevinPro Database

Ideal Senior Living Center, Inc has been linked to a merger or acquisition in the LevinPro M&A deal database. This Medicare-licensed facility, a not for profit skilled nursing facility, is situated at 601 High Ave in Endicott, NY. It was incorporated on May 13, 1988. 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 Ideal Senior Living Center, Inc 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 »

Holland Center For Rehabilitation And Nursing Cited in LevinPro Deal Database

Holland Center For Rehabilitation And Nursing 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 280 Middle Holland Rd in Holland, Pennsylvania. It was incorporated on February 18, 2020. 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 Holland Center For Rehabilitation And Nursing 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.... Read More »

Kennedy Health & Rehab’s Merger or Acquisition Profiled in LevinPro Database

Kennedy Health & Rehab 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 504 N John Redditt Dr in Lufkin, Texas. 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 Kennedy Health & 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 for information on subscription options, go... Read More »

The Clares/Terraces at the Clare in LevinPro Database

The Clares/Terraces at the Clare, a Medicare-licensed private skilled nursing facility situated at 55 E Pearson St in Chicago, Illinois, has been linked to a merger or acquisition as recorded in the LevinPro M&A deal database. The facility was incorporated on September 19, 2019. LevinPro is renowned for its comprehensive tracking of M&A activity across a diverse range of healthcare sectors, including hospitals, home health, medical real estate, and biopharma. The transaction involving The Clares/Terraces at the Clare is in its database, solely available to its subscribers. Throughout its operation, LevinPro has kept a close watch on the dynamics of the skilled nursing facility... Read More »
CareOne/Cardinal Purchase Pennsylvania Property

CareOne/Cardinal Purchase Pennsylvania Property

Blueprint was brought on by a Boston-based real estate investment and development firm in its divestment of a non-core seniors housing community in Quakertown, Pennsylvania. Built in 1989, Independence Court of Quakertown is an 89-unit, 116-bed assisted living community. Occupancy struggled to fully recover from pandemic-era lows, pushing the investment well beyond the intended holding period. However, the community always managed to remain cash-flow positive. The seller approached Blueprint to conduct a risk/reward analysis of executing a material capex investment program versus divesting, with the firm electing to sell. The marketing effort mainly highlighted the community’s history of... Read More »
Two Separate Transactions Close in California

Two Separate Transactions Close in California

The Reis Team at Marcus & Millichap handled two separate closings in California. First was a lease transaction for an assisted living community in Southern California with 260 beds. The real estate is owned by a local investor, and the team sourced a growing California-based operator that was looking to expand its footprint in the region.  The second transaction involved the sale of a 60-bed skilled nursing facility, this time in Northern California. The seller was an independent owner/operator looking to exit the business, and a well-established California-based investor purchased the property. The buyer intends to lease the facility to a growing California-based... Read More »
Town Lane Acquires Two Communities and Recapitalizes a Third

Town Lane Acquires Two Communities and Recapitalizes a Third

Discovery Senior Living announced the recapitalization and closing of three Class-A, purpose-built, independent living, assisted living and memory care communities: Discovery Village at Naples (Naples, FL), Discovery Village at Sarasota Bay (Sarasota, FL) and Discovery Village at Castle Hills (Lewisville, TX).  All three communities were designed, funded, developed and launched through Discovery’s fully integrated platform including its in-house design and development department, capital markets, and management capabilities. Opened within the last four years, the two IL communities total 273 units and have stabilized, while the newly opened 90-unit AL/MC community is quickly... Read More »