• Newmark Closes Class-A Deal in Denver

    by | Apr 24, 2024 8:44 am | Acquisitions

    A new seniors housing community traded in the Denver, Colorado MSA, with the help of the team at Newmark. Developed in 2017, MorningStar at RidgeGate is located in the suburb of Lone Tree within the Ridgegate master plan that features retail, cultural amenities and a 284-bed hospital nearby. The property comprises five stories over subterranean... Read More »

  • Public REIT Purchases Texas Class-A Seniors Housing

    by | Apr 23, 2024 3:56 pm | Acquisitions

    Blueprint was engaged in the divestment of a Class-A seniors housing community in San Antonio, Texas. Built in two phases in 2011 and 2017, Franklin Park TPC Parkway comprises 269 independent living, assisted living and memory care units. Following the completion of a six-year freeway expansion project that affected leasing, access to the... Read More »

  • Eads Sells Its 24th & 25th Missouri Community

    by | Apr 23, 2024 3:54 pm | Acquisitions

    Patrick Byrne of Eads Investment Brokerage facilitated the divestment of two seniors housing communities in Missouri. This marks the 24th and 25th communities sold in Missouri for Eads. The Moberly community (which we believe to be Mark Twain Assisted Living) comprises 35 assisted living/independent living units and sold for $2.57 million, or... Read More »

  • 60 Seconds with Swett: CMS Raises the Minimum Staffing Mandate

    by | Apr 23, 2024 3:48 pm | 60 Seconds

    On Monday, CMS came out with its final minimum staffing standards for nursing homes, but the eventual outcome is anything but final. Despite the outcry from nursing home providers from the previous proposed mandate of three hours per resident per day, asking simple questions like how can we pay for this and where will this newly needed staff come... Read More »

  • More Shareholder Activism

    by | Apr 22, 2024 9:04 am | Opinion

    Fresh from its success in getting two people voted onto the Ventas Board of Directors, Land & Buildings is at it again, this time with National Health Investors. Like all the REITs, NHI’s managers and tenants had their share of problems during the pandemic. Who didn’t? Most of these issues are behind it, but the REIT could be in even stronger... Read More »
Blueprint Closes Seniors Housing Sales

Blueprint Closes Seniors Housing Sales

by | Feb 22, 2019 7:00 am | Acquisitions

Coming off an incredibly strong 2018 in M&A (particularly on the skilled nursing side), Jacob Gehl and Scott Frazier of Blueprint Healthcare Real Estate Advisors announced an assisted living sale in Northern California. The pair represented the single-asset owner/operator that was based in California but was looking to exit the industry. The 145-bed community in Lodi currently features no memory care, but the incoming owner and operator are looking to change that, in addition to implementing some substantial renovations. Atlantis Senior Living and a Northern California-based operator teamed up to acquire the community for an undisclosed price. Mr. Gehl was also involved in the sale of... Read More »
Here Comes Helios Healthcare Advisors

Here Comes Helios Healthcare Advisors

by | Jan 25, 2019 7:02 am | Acquisitions

There’s a new brokerage business on the block, and it’s called Helios Healthcare Advisors. Founded by Bill Janis (formerly of Cambridge Realty Capital Companies) and Mario Wilson (from Blueprint Healthcare Real Estate Advisors), the firm just announced its first transaction, a $6.1 million acquisition financing arranged on behalf of a California-based joint venture. With the debt and equity capital (provided by a private, non-bank lender), a Northern California-based operator and Atlantis Senior Living, based in Orange County, California were able to purchase a 145-bed assisted living community in Joaquin County (Bay Area). In addition to the acquisition financing, Messrs. Janis and Wilson... Read More »