• Ensign Acquires Iowa Skilled Nursing Facility

    by | Sep 18, 2025 3:55 pm | Acquisitions

    Nick Cacciabando and Ryan Saul of Senior Living Investment Brokerage helped an industry veteran in Iowa sell his last solely-owned senior care facility, finding a publicly traded buyer in the process. The facility in question was Crystal Heights Care Center, a 72-bed skilled nursing facility in Oskaloosa, Iowa, about one hour southeast of Des... Read More »

  • Investor Group Enters the Seniors Sector Through Idaho Purchase

    by | Sep 18, 2025 3:54 pm | Acquisitions

    An assisted living/memory care community in Twin Falls, Idaho, traded with the help of Chad Mundy and Nick Stahler of The Knapp-Stahler Group at Marcus & Millichap. The campus opened in 1989 with an eight-unit building, and added two 15-unit buildings in 2009 and 2015, respectively. Some units were added to each building in 2023 and 2024, and... Read More »

  • Value-Add Owner/Operator Grows in Texas

    by | Sep 18, 2025 3:53 pm | Acquisitions

    Amy Sitzman, Giancarlo Riso, Connor Doherty and Ryan Kelly of Blueprint got a seniors housing deal across the finish line in Odessa, Texas. Built in 2013 as part of an expansion to an adjacent CCRC, the building has 67 assisted living and memory care units. It had gone through multiple operator changes over the years. The deal was marketed as an... Read More »

  • Seller Divests Its Only Out-Of-State Asset

    by | Sep 18, 2025 3:52 pm | Acquisitions

    Senwell Senior Investment Advisors facilitated the successful sale of a 100-bed skilled nursing facility in Pennsylvania. Built in 1987, the facility was developed by an Ohio-based operator as part of a broader growth initiative. Its occupancy rate was consistently strong, often exceeding 95%. It was the seller’s only out-of-state asset, leading... Read More »

  • Joint Venture Adds to Its Seniors Housing Footprint 

    by | Sep 18, 2025 3:52 pm | Acquisitions

    Foundry Commercial and funds managed by affiliates of Fortress Investment Group acquired the RoseWood Village Assisted Living and Memory Care communities in Charlottesville, Virginia. The two communities, RoseWood Village at Greenbrier and RoseWood Village at Hollymead, will be operated by Foundry Commercial’s management company, Allegro Living,... Read More »
Bank Leumi Finances In Florida

Bank Leumi Finances In Florida

by | May 24, 2018 2:48 pm | Financings

Bank Leumi provided a couple of Florida financings for owners of assisted living communities. First was a five-year $9.3 million acquisition loan provided to a South Florida-based owner/operator, Priority Life Care, to purchase two senior living properties in western Broward County. The Margate community features 111 licensed beds along with memory care services, while the Davie community is smaller, with just 20 beds. They join Priority’s existing portfolio of seven properties in Florida and 11 properties in seven other states. Bank Leumi also provided a $4.8 million, three-year term loan to refinance a 75-bed assisted living community in Orlando, Florida. The borrower, a Florida-based... Read More »
Strawberry Fields REIT Closes Landmark Deal

Strawberry Fields REIT Closes Landmark Deal

by | Sep 19, 2017 2:20 pm | Acquisitions

South Bend, Indiana-based Strawberry Fields REIT continued its steady growth with the addition of a large 252-bed skilled nursing facility in Louisville, Kentucky to its portfolio, for a price of $21.8 million, or $86,500 per bed. A $15 million loan from Bank Leumi helped facilitate the transaction. The facility was built in 1973 by a local real estate developer, who owned it until his death in 2001. It had been owned by a group of local investors since then. Going forward, The Landmark Group will operate the facility under a lease with Strawberry Fields. First-year rent is expected to be around $2.4 million. Read More »

Bank Leumi finances CCRC sale

by | Dec 4, 2015 8:30 am | Acquisitions, Financings

When a 234-unit CCRC in St. Charles, Missouri managed by Innovative Management Associates, a Chicago-based seniors housing owner/operator, was acquired for $17 million, or $72,650 per unit, the buyer enlisted the help of Bank Leumi to finance the transaction. Built in 1977, with expansions in 2011 and 2013, the community features 138 independent living units, 32 memory care units, 27 assisted living units (recently converted from IL) and 66 skilled nursing beds. Overall occupancy was around 76%, but that was brought down by the struggling IL component, which was just 51% occupied. So, the buyer will have their hands full with this community, but by increasing IL occupancy to 80%, annual... Read More »

Bank Leumi refinances in Florida

by | Aug 26, 2015 8:31 am | Financings

Hely Santeliz of Bank Leumi’s Florida region led the way in structuring two refinancings for senior living properties in Florida totaling $43.7 million. In the first transaction, Bank Leumi structured a $54 million refinancing with it providing $27 million and a regional bank providing the other half for a retirement campus with independent/assisted living and memory care units in Central Florida. And staying in the area, Hely Santeliz also arranged $16.7 million in two credit facilities for Plantation Oaks Senior Living Management, a Florida-based seniors housing owner/operator. The first credit facility was secured by a first mortgage on an existing 67-unit AL/MC community and was... Read More »