Surprise Health and Rehabilitation Center Linked to Merger or Acquisition in LevinPro Database
Surprise Health and Rehabilitation 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 14660 W Parkwood Dr in Surprise, Arizona. It was incorporated on June 7, 2019. 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 Surprise Health and Rehabilitation 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... Read More »The Laurels of Bon Air Joins M&A Activity in LevinPro Database
The Laurels of Bon Air 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 9101 Bon Air Crossings Drive in Richmond, Virginia. It was incorporated on June 8, 2005. 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 Laurels of Bon Air 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 »
60 Seconds with Steve Monroe: What Do People Really Think?
In our Second Quarter 2025 investment webinar, moderator Ben Swett asked our audience of a few hundred what they thought about several important topics. Overwhelmingly, 82% of the attendees indicated they would rather buy than build in today’s market, which was surprising given two facts. One, the current inventory is aging and showing it, and two, with very little new development, when the new ones do open, they will have a commanding market presence and should be in high demand. On the labor front, 48% of the attendees thought scarcity of labor would be the most pressing issue moving forward, with 24% believing it will be the cost of labor. It was admitted, however, that scarcity will... Read More »
Publicly Traded Healthcare REIT Acquires in Minnesota
Lee & Associates’ Senior Housing team, led by Robert Black, represented a Scottsdale, Arizona-based developer in the sale of a Class-A seniors housing community in Saint Paul, Minnesota. Developed by the seller in 2019, the building features 101 independent living, assisted living and memory care units. There was strong interest in the asset, generating multiple competitive offers. A publicly traded healthcare REIT emerged as the ultimate buyer, acquiring the fully stabilized community for $28 million, or $277,200 per unit. Read More »
Ivy Healthcare Group Divests to Regional Owner/Operator
Engaged by Ivy Healthcare Group, Evans Senior Investments facilitated the sale of a skilled nursing facility in Gastonia, North Carolina. Ivy at Gastonia comprises 50 beds and has a strong operational foundation. ESI secured a regional owner/operator as the buyer. The incoming operator is expected to benefit from a favorable reimbursement environment and the potential for further margin improvement through continued operational enhancements. The deal progressed quickly. An LOI was signed just 20 days after going to market, and closing occurred within 45 days of contract execution, wrapping up the entire process in less than four months. Based on conversations with those involved and... Read More »
Denver-Based Owner/Operator Grows in Colorado
Blueprint represented a court-appointed receiver in the sale of a three-asset seniors housing portfolio in the Grand Junction, Colorado MSA. The portfolio included two assisted living communities and one standalone memory care community. At the time of sale, the communities were collectively 65% occupied and breaking even on a combined basis. Built between the late 1990s and early 2000s, the two assisted living communities each comprise 50 units and require some capex, presenting an opportunity to add value. One was 75% occupied and the other 85%. The payor mixes were split roughly 60/40, reflecting the communities’ role in serving a real need for Medicaid-assisted living in the... Read More »
Ohio Skilled Nursing Facility Changes Hands
Connor Doherty and Ryan Kelly of Blueprint closed the sale of a 61-bed skilled nursing facility located southeast of Columbus, Ohio. While the facility was experiencing operational challenges at the time of marketing, it had a long-standing reputation for providing quality care to the community. Blueprint’s marketing process emphasized the facility’s six-decade legacy and strong local brand, along with the opportunity to enhance operations under new leadership. A smooth handoff in operations was a consideration in the transaction, and the buyer, a growing regional platform with values and an organizational approach aligned with those of the seller, was well-positioned to carry the... Read More »
Berkadia’s H1 2025 Seniors Housing & Healthcare Financings
Berkadia’s Seniors Housing & Healthcare platform closed $1.13 billion in financing during the first half of the year. The team financed 64 properties totaling 7,710 beds/units. The total includes $250 million in Berkadia-led bridge loans with participations, $123 million in HUD 232/223(f) financings, and $758 million in GSE and third-party placements. A notable refinance from the first half of the year was one of the largest seniors housing refinances in recent years. The team secured $627.2 million of mortgage debt for a 35-asset seniors housing portfolio spanning 15 states. Read More »
