• Seniors Housing Occupancy Hits New Post-Pandemic High

    by | Jan 17, 2025 3:19 pm | Opinion, Statistics

    NIC released its latest seniors housing occupancy update for the 31 NIC Map Primary Markets, and fourth quarter 2024 census has hit another post-pandemic occupancy high. Overall seniors housing occupancy rose to 87.2%, up 70 basis points from 86.5% in the third quarter. Separated out by property type, majority-independent living properties were... Read More »

  • Alternative-Use Buyer Acquires Standalone Memory Care Community

    by | Jan 17, 2025 3:16 pm | Acquisitions

    Before the year ended, BWE closed on the sale of a standalone memory care community in Suwanee, Georgia. Built in 2013, Peachtree Villa at Suwanee comprises 42-units on three acres. At the time of the sale, the property was not in operation. The buyer will renovate the property for an alternative use.  Charley Bissell handled the... Read More »

  • Samaritas Exits Senior Care Industry

    by | Jan 17, 2025 3:15 pm | Acquisitions

    Blueprint executed the final sale facilitating Samaritas’ exit from the senior care industry. Following 50 years of providing senior care services, the company has a renewed focus on child and family services, behavioral health, refugee services and affordable housing.  Built in 1964 with an expansion completed in the 1970s, and a full... Read More »

  • Arcus Healthcare Acquires Nebraska Portfolio

    by | Jan 16, 2025 3:06 pm | Acquisitions

    Jacob Gehl and Dillon Rudy of Blueprint were engaged by an institutional private equity firm in its divestment of a portfolio comprising four seniors housing communities in Nebraska. Built in the late 1990s and the early 2000s, the properties were well-maintained with local reputations for excellent quality of care. They were performing well with... Read More »

  • Texas-Based Operator Establishes Footprint in Oklahoma 

    by | Jan 16, 2025 3:05 pm | Acquisitions

    Daniel Morris of Plains Commercial Real Estate kicked off his 2025 M&A activity by representing an institutional owner in its sale of an assisted living community in Edmond, Oklahoma. The seller was divesting because the community was an outlier in its portfolio, and it is focusing on core assets. The transaction closed approximately 10 weeks... Read More »
HJ Sims Underwrites Large Bond Issue For Massachusetts CCRC

HJ Sims Underwrites Large Bond Issue For Massachusetts CCRC

by | Nov 29, 2017 7:00 am | Financings

In the largest fixed-rate public bond issue for a single-site CCRC, HJ Sims served as underwriter with Bank of America Merrill Lynch on a $239.97 million financing on behalf of Hebrew SeniorLife. Located about 10 miles southwest of Boston in Dedham, Massachusetts, the CCRC was founded in 2009 and features 256 independent living units (including villas and cottages), 91 assisted living/memory care units and 268 skilled nursing beds. Sims has had a relationship with Hebrew SeniorLife since 1992 and also with the CCRC since its initial financing back in 2007. The new bonds will refund the CCRC’s outstanding debt and pay issuance costs, and are secured by a mortgage on the retirement... Read More »