Carnegie Capital Celebrates 10-Year Anniversary with Texas Portfolio Deal
Carnegie Capital, the national seniors housing debt brokerage founded and run by JD Stettin and David Farhadian, celebrated its 10-year anniversary with a $124 million, or $117,100 per bed, portfolio acquisition transaction. Carnegie provided a combination of advisory work and debt placement for the nine-skilled nursing facility portfolio with 1,059 beds across southern and central Texas. A private skilled nursing equity shop bought the portfolio three years ago, helped by debt arranged by Carnegie, and is now exiting the industry with the portfolio sale to a large REIT. The portfolio has been operating well since the 2022 acquisition. The REIT also spun off one of the largest SNFs... Read More »
12 Oaks Senior Living Appoints New CFO
12 Oaks Senior Living appointed Elliott Westerman as CFO, effective immediately. Westerman has more than two decades of leadership experience across senior living, healthcare, and real estate sectors. As CFO, Westerman will oversee all aspects of financial management, including financial planning and analysis, capital structure strategy, performance optimization, and technology integration. His appointment comes at a pivotal time for 12 Oaks, as the company continues to grow its regional footprint and scale its operational capabilities. Westerman has previously held CFO roles at Highgate Senior Living, The Hearthstone, and Stafford Health Services. Most recently, he served as CFO and... Read More »
Ensign/Standard Bearer Adds Two Facilities
The Ensign Group acquired a couple of skilled nursing facilities through its real estate subsidiary Standard Bearer Healthcare REIT. The first purchase was for Duncanville Healthcare and Rehabilitation Center, a 124-bed SNF in Duncanville, Texas, which will be operated by a third-party operator subject to a long-term, triple-net lease. Ensign also purchased Timber Springs Transitional Care in Boise, Idaho. The 120-bed SNF will be managed by Pennant Healthcare LLC, an Ensign-affiliated tenant. Read More »
HTG Closes Two Separate SNF Transactions
Healthcare Transactions Group (HTG) recently closed two transactions in Missouri and Maryland. The Show Me State deal involved Baptist Home of Independence, an 118-bed skilled nursing facility and 20-bed Residential Care Facility in the town of Independence. Built in 1977, the campus received a major renovation in 2021 and was 65% occupied. Baptist Homes of Missouri, a faith-based not-for-profit organization based in Jefferson City, Missouri, had acquired the campus in 2021. It later engaged Healthcare Transactions Group to evaluate and recommend strategic options, leading to the not-for-profit’s decision to divest one of its senior care facilities for the first time. HTG’s... Read More »
VIUM’s New H1 Record
VIUM Capital completed the first half of 2025 with an impressive $780 million in transaction par value. That volume was closed across 32 transactions, 51 separate properties and 14 states, comprising both bridge and permanent debt. It represents the strongest first half of the year in the company’s history. Part of that activity was more than $360 million in par value for 18 HUD/GNMA loans. And they have over $800 million of additional HUD volume already submitted. VIUM had finished HUD’s fiscal year 2024 as the second ranked HUD healthcare lender, both in total volume ($450 million) and number of transactions closed (37). But year-to-date 2025 saw VIUM’s HUD/GNMA servicing portfolio... Read More »
Kiser Group Launches Seniors Housing Division
Kiser Group, a leading multifamily brokerage firm, has announced the launch of its new Seniors Housing Division with the addition of industry veteran Mark Myers as Partner. This strategic expansion reflects the firm’s commitment to meeting the evolving needs of investors and operators in the growing senior living sector. With more than 30 years of experience and a national reputation for excellence, Mark brings unparalleled expertise to Kiser Group. Since 1995, he has closed more than 800 seniors housing transactions across 44 states, totaling over $12 billion in volume. More recently, Myers worked at SVN Senior Living Advisors, and before that he worked at Walker & Dunlop and Marcus... Read More »The Ponce Therapy Care Center and Rehab M&A Activity Profiled in LevinPro Database
The Ponce Therapy Care Center 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 1999 Old Moultrie Rd in Saint Augustine, Florida. It was incorporated on July 27, 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 The Ponce Therapy Care Center 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... Read More »
Community First Solutions Acquires Again in Ohio
Ziegler was engaged by Marquee Capital, the real estate company affiliated with Marcus Investments, LLC, the Marcus’ family office, in the sale of its seniors housing community in Mason, Ohio. Built in 2020, BrightStar Senior Living of Mason sits on 3.2 acres with 41 assisted living and memory care units. The community was well occupied at 90%, and was operating at a good margin, particularly for a small, higher acuity community. It was developed by Marquee Capital and has been operated by BrightStar Senior Living since opening. Community First Solutions, a leading not-for-profit healthcare organization, acquired the community (which will be rebranded as The Cottage of Mason),... Read More »
Joint Venture Acquires Nashville Active Adult Community
An active adult community in Germantown, Tennessee, found a new owner thanks to the team at Newmark. Built in 2020, Avenida Watermarq is a 161-unit, Class-A active adult community in an affluent suburb of Nashville. There are one- and two-bedroom options averaging 919 square feet per unit. Occupancy was 87%. Inspired Real Estate Partners and GEM Realty Capital acquired the property for $32.925 million, or $205,000 per unit, and will have Gallery Residential handle its management going forward. The community will also be rebranded as Lakeview at Germantown. Read More »
Institutional Owner Divests Ohio Facility
Evans Senior Investments arranged the sale of a skilled nursing facility in Ohio on behalf of an institutional owner looking to exit the market. The facility comprises 88 beds and 20 independent living units, which served as a referral source for the nursing home. The buyer was a regional owner/operator that is actively expanding in Ohio. This is its second acquisition in the state within the past seven months. Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
