• Sonida Closes CNL Acquisition, Reports Q4 Results

    On the same day as fourth quarter and year-end 2025 financial results were announced, Sonida Senior Living closed on its previously announced acquisition of CNL Healthcare Properties (CNL). The transaction value was approximately $1.8 billion and included a combination of cash (32%) and stock (68%). Because Sonida’s share price had risen above... Read More »
  • Investor Acquires Struggling Las Vegas AL/MC Asset

    A Utah-based investor is taking on a seniors housing community located in a strong MSA but that was 40% occupied and losing money. Amy Sitzman and Jake Rice of Blueprint were brought on to handle the seller’s divestment, with the turnaround opportunity generating strong investor interest. Ultimately, six competitive offers were received from a... Read More »
  • 12 Oaks Senior Living Expands Its Management Portfolio

    12 Oaks Senior Living has expanded its senior living portfolio, re-entering the Baytown, Texas, market (Houston MSA), after being brought on by an investor to manage The Lodge at Pine Creek. This marks the second community the operator will manage on behalf of the buyer.  Built in 2021, the property includes 10 independent living cottages... Read More »
  • GEM Realty Closes an Acquisition in South Carolina

    The Caliborne at Brickyard Crossing, a Class-A seniors housing community in South Carolina, traded hands with the help of acquisition financing secured by BWE. Taylor Mokris and Ryan Stoll of BWE served as exclusive financial advisor to the buyer, GEM Realty Capital, running a competitive process that sourced numerous quotes. Financing was... Read More »
  • SLIB Handles Long Island Assisted Living Deal

    A seniors housing campus on Long Island’s North Shore recently sold with the help of Dave Balow and Ryan Saul of Senior Living Investment Brokerage. The campus comprises Oyster Bay Manor, an assisted living community built in 1984, and Harbor House, a memory care community opened in 2001. Harbor House was the first of its kind to serve... Read More »
Ensign Makes Another Arizona Acquisition

Ensign Makes Another Arizona Acquisition

Despite its stated strategy to own more of the real estate in its portfolio of over 230 healthcare properties, The Ensign Group shunned its recent practice and acquired just the operations of a 140-bed skilled nursing facility in Sun City West, Arizona. Reporting 87% occupancy at the time of the sale, the facility will be operated by Ensign’s Arizona-based subsidiary, Bandera Healthcare, while Ensign acquired the operations subject to a long-term lease. The deal brings The Ensign Group’s portfolio to 184 skilled nursing operations, 22 of which include assisted living services, and 51 AL/independent living operations. Of that total, Ensign currently owns the real estate at 67 of the 235... Read More »

Go West, Young Broker

The team at Blueprint Healthcare Real Estate Advisors continued their successful year, completing two transactions on the West Coast. First up, Chris Hyldahl, Gideon Orion and Amy Sitzman represented a California-based regional owner/operator in its sale of two Arizona skilled nursing facilities to The Ensign Group. Included in the purchase was an 88-bed facility in Mesa built in 1978 and renovated in 2011, and a 115-bed facility in Tucson that was built in 1965 but expanded in 1974. Combined, they were approximately 68% occupied. Ensign ended up paying $15.25 million, or about $61,250 per licensed bed, for both the real estate and operations of the facilities. Its Arizona-based operating... Read More »
Ensign Executes In Arizona

Ensign Executes In Arizona

Continuing its strategy to own more of the real estate in its portfolio of over 200 healthcare properties, The Ensign Group bought two skilled nursing facilities in Arizona for an undisclosed price. Included in the purchase is an 88-bed facility in Mesa (Phoenix MSA) and a 115-bed facility in Tucson, with a combined occupancy of about 68%. Ensign leased the facilities to its Arizona-based operating subsidiary, Bandera Healthcare, Inc. Including the operations and, of course, the real estate, the acquisition is expected to be accretive to 2018 earnings. Now, Ensign owns the real estate at 63 of the 229 facilities in its portfolio, but we imagine that 27.5% ratio will keep rising. That is... Read More »