• Brookdale Finally Names a COO

    A decade without a Chief Operating Officer? Maybe that is why Brookdale Senior Living has been suffering. But, they are finally filling the position. Mary Sue Patchett is taking on the role, effective December 1st. With Brookdale’s new regional operating model, which she helped redesign and implement, she will have six regional vice presidents,... Read More »
  • EVA Care Group Refinances California Portfolio

    Helios Healthcare Advisors went to a private credit fund to secure a refinance for a senior care portfolio in California. Totaling 165 beds, there is a skilled nursing facility in San Bernardino and an assisted living community in Fillmore. The communities are owned by EVA Care Group, a Los Angeles-based national healthcare organization. ... Read More »
  • SLIB Sells a Class-A Mississippi Asset

    Senior Living Investment Brokerage facilitated the sale of a seniors housing community in the Gulfport/Biloxi area of Mississippi. Featuring 18 independent living, 60 assisted living and 62 memory care units, the community was built in phases between 2019 and 2025. It is located in the town of Ocean Springs with no major competitors in the local... Read More »
  • Marx Development Group Finalizes West Virginia Acquisition

    Lument Securities has closed the sale of four West Virginia-owned skilled nursing facilities to Marx Development Group (MDG). MDG subsidiary Majestic Care is taking over operations at the facilities in a smooth transition. The deal closed on October 31. Managing Director and Head of Mergers & Acquisitions Laca Wong-Hammond orchestrated the... Read More »
  • Florida Portfolio Receives Financing

    Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, provided a $120 million bridge loan to finance five skilled nursing facilities in Florida comprising 795 beds. The debt was used to refinance the 120-bed Parklands Care Center & Rehab in Gainesville, and the 120-bed Riverwood Healthcare & Rehab Center in Starke. It also funded... Read More »

Spartan Healthcare Emerges as Minnesota’s Largest Skilled Nursing Operator

Spartan Healthcare LLC has established itself as the dominant skilled nursing facility operator in Minnesota, controlling 45 facilities across the state according to the most recent CMS data. This positions the company as the largest skilled nursing operator in Minnesota, narrowly outpacing competitors Yazoma Holdings, LLC and NIJ LLC, which each operate 44 facilities. Portfolio Concentration The company’s portfolio is exclusively concentrated in Minnesota’s skilled nursing sector, with no facilities in other states or healthcare segments. This strategic focus has allowed Spartan Healthcare to develop specialized expertise in Minnesota’s regulatory environment. Ownership... Read More »

LTC Management Services Dominates Missouri Skilled Nursing Market

LTC Management Services LLC has established itself as the dominant player in Missouri’s skilled nursing facility sector, according to the latest CMS data analysis. The company operates 37 skilled nursing facilities in Missouri, making it the largest owner in the state’s skilled nursing market. Portfolio Overview With a total of 42 skilled nursing facilities across two states, LTC Management Services LLC maintains a strong regional presence in the Midwest. The company’s portfolio includes 37 facilities in Missouri and 5 in Arkansas, all within the skilled nursing sector. This strategic concentration allows the company to leverage operational efficiencies while maintaining... Read More »

Regional Care LLC Dominates Mississippi Skilled Nursing Market

Regional Care LLC has established itself as the dominant player in Mississippi’s skilled nursing facility sector, operating 22 facilities across the state according to the most recent CMS data. This significant market presence positions the company as a key stakeholder in Mississippi’s long-term care landscape. Operational Footprint The company’s portfolio consists exclusively of skilled nursing facilities, all located within Mississippi. Regional Care LLC maintains operational and managerial control of these facilities rather than direct ownership, suggesting a management-focused business model. Regulatory Environment Impact Mississippi’s regulatory framework... Read More »

Sanford Health Emerges as Leading Skilled Nursing Provider in North Dakota

Sanford Health has established itself as one of the dominant players in North Dakota’s skilled nursing facility sector, according to the latest Centers for Medicare & Medicaid Services (CMS) data. The non-profit healthcare system shares the top position with The Evangelical Lutheran Good Samaritan Society (which it merged with more than five years ago), with each organization operating 10 skilled nursing facilities in the state. Extensive Regional Footprint The healthcare giant’s presence extends well beyond North Dakota. Sanford operates a total of 106 skilled nursing facilities across 15 states, with its strongest presence in Minnesota (24 facilities), Iowa (15), Nebraska... Read More »

North Shore Healthcare Dominates Wisconsin’s Skilled Nursing Market

North Shore Healthcare LLC has emerged as the dominant player in Wisconsin’s skilled nursing facility sector, according to the latest CMS data analysis. The company operates 51 skilled nursing facilities in Wisconsin and 5 in Minnesota, making it the largest skilled nursing provider in the Badger State. Portfolio Overview The company’s footprint spans across two Midwestern states with a clear concentration in Wisconsin: Wisconsin: 51 facilities (91% of portfolio) Minnesota: 5 facilities (9% of portfolio) All 56 facilities in North Shore’s portfolio are skilled nursing facilities, with no diversification into other healthcare sectors based on the most recent CMS data. This... Read More »

Providence Health & Services Maintains Strong Foothold in Alaska’s Skilled Nursing Sector

Providence Health & Services, one of the nation’s largest not-for-profit Catholic healthcare systems, continues to maintain a significant presence in Alaska’s skilled nursing facility (SNF) sector, according to the latest CMS data as of January 2025. Alaska Portfolio Highlights The data reveals that Providence Health & Services operates four skilled nursing facilities in Alaska, positioning it as one of the top owners in the state’s SNF sector. This matches the footprint of related entities Providence Health & Services – Washington and Providence St. Joseph Health, which also operate four SNFs each in Alaska. Beyond skilled nursing, Providence Health... Read More »

Charles 1994 Family Grantor Trust Emerges as Virginia’s Dominant Skilled Nursing Operator

The Charles 1994 Family Grantor Trust has established itself as the largest skilled nursing facility operator in Virginia, according to the latest Centers for Medicare & Medicaid Services (CMS) data. The trust currently operates 43 skilled nursing facilities across two states, with a significant concentration in Virginia. Portfolio Overview Analysis of the most recent CMS data reveals that the trust controls 35 skilled nursing facilities in Virginia and 8 in North Carolina. This substantial footprint makes it the dominant player in Virginia’s skilled nursing sector, where it has focused the majority of its operations. This specialized focus suggests a strategic commitment to the... Read More »

Legacy Healthcare Financial Services Expands Midwest SNF Portfolio to 38 Facilities

Legacy Healthcare Financial Services LLC has established itself as a significant player in the Midwest skilled nursing facility (SNF) market, operating 38 facilities across three states according to the latest CMS data. The company maintains a strong presence in Illinois, South Dakota, and Iowa, positioning itself strategically in markets experiencing regulatory and reimbursement changes. Portfolio Distribution The company’s portfolio is concentrated in Illinois with 18 facilities, followed by South Dakota with 14 facilities, and Iowa with 6 facilities. All 38 properties operate within the skilled nursing facility sector, demonstrating the company’s focused approach to this... Read More »

HC Family Trust Emerges as Leading Skilled Nursing Operator in North Carolina

HC Family Trust has established itself as one of the dominant players in North Carolina’s skilled nursing sector, according to the latest CMS data. The organization ties with Zanziper Family Trust for the largest skilled nursing portfolio in the state, each operating 38 facilities. Multi-State Portfolio Beyond its significant North Carolina presence, HC Family Trust maintains a diversified geographic footprint across five states. The organization operates a total of 82 healthcare facilities, with 81 skilled nursing facilities and one home health agency. After North Carolina, Kentucky represents the trust’s second-largest market with 20 facilities, followed by Florida (12),... Read More »
Publicly Traded REIT Acquires in Colorado

Publicly Traded REIT Acquires in Colorado

The Walker & Dunlop Seniors Housing team started the year off strong, with two closings in January. W&D first represented a major Georgia-based not-for-profit health system in the divestment of three skilled nursing facilities totaling 448 beds. Despite their rural locations, operational challenges and capital expenditure needs, W&D secured multiple competitive offers over an elongated closing process, securing an attractive price per bed. Nick Hall handled the transaction.  The W&D team also closed the sale of a large institutional-owned seniors housing community in Colorado. The buyer was a publicly traded REIT, which retained the existing management team to sustain... Read More »
East Coast Owner/Operator Acquires First NJ Community

East Coast Owner/Operator Acquires First NJ Community

Evans Senior Investments facilitated the sale of The Heritage Assisted Living, an assisted living and memory care community in Hammonton, New Jersey. ESI was engaged by the independent owner and lender of the property and procured six competitive offers from institutional capital and regional owner/operators. The ultimate buyer was an East Coast owner/operator, with this community being the first it has acquired in the state. Read More »