• Joint Venture Acquires Four AL/MC Communities

    by | May 8, 2026 3:25 pm | Acquisitions

    Following an active year of M&A with five separate deals totaling 21 properties, Stacked Stone Ventures has kicked off its 2026 growth with a portfolio acquisition in the Southeast. In a joint venture with Praxis Capital and an undisclosed family office, Stacked Stone, which was founded by Kent Eikanas, bought four assisted living/memory care... Read More »

  • Another Publicly Traded REIT Joins the M&A Mix

    by | May 8, 2026 2:59 pm | Acquisitions

    Another well-capitalized institutional player is stepping into the seniors housing fray, adding fuel to an already aggressive bidding environment. And based on its initial acquisitions, with one closed at more than $1 million per unit, the target seems to be high-quality assets. Prices are rising fast in that segment, and as the buyer pool... Read More »

  • Distressed AL/MC Community Gets New Owner

    by | May 8, 2026 2:56 pm | Acquisitions

    Scott Frazier, Kory Buzin and Steve Thomes of Blueprint advised a special servicer in the seniors housing sector on the sale of Spanish Vines, a well-maintained assisted living/memory care community. It sits in a densely populated Pocket-Greenhaven neighborhood of southwest Sacramento, California. The 88-unit community was generating negative... Read More »

  • Underperforming Community Sells and Secures Financing

    by | May 8, 2026 2:52 pm | Acquisitions, Financings

    A buyer recently acquired an underperforming seniors housing community in Charleston, South Carolina, and Blueprint Capital Markets secured the debt financing. Blueprint also represented the undisclosed seller in its divestment. The asset comprises 84 units of assisted living and memory care. There is room for occupancy growth and expense cuts,... Read More »

  • Standalone MC Communities Secure Acquisition Financing

    by | May 8, 2026 2:50 pm | Acquisitions, Financings

    Berkadia recently announced three financings on behalf of three different sponsors. In one of the closings, Steve Muth and Ed Williams arranged $25.8 million in acquisition financing for Peregrine Senior Living at Clifton Park and Peregrine Senior Living at Orchard Park. The bridge financing was provided through Berkadia’s Proprietary Lending... Read More »
Bridge To HUD With Grandbridge Real Estate Capital

Bridge To HUD With Grandbridge Real Estate Capital

by | Nov 8, 2017 7:00 am | Financings

Less than a year after receiving bridge financing, a 90-unit assisted living community in Billings, Montana is already refinancing through HUD, with Grandbridge Seniors Housing and Healthcare Finance Group leading them along the way. Through BB&T Real Estate Funding, Grandbridge had originally provided the community a bridge loan at the end of 2016. Now, Richard Thomas and Meredith Davis have originated a $19.93 million HUD loan, with a 35-year term and 35-year amortization schedule, to refinance the community. Read More »
Acquiring in the Acela Corridor

Acquiring in the Acela Corridor

by | Sep 8, 2016 7:25 pm | Acquisitions, Financings

As we are about to travel from the New York City area to Washington, D.C. for the upcoming NIC Fall Conference, we must take note of two teams that did that trek probably a number of times recently. Grandbridge Real Estate Capital provided through its proprietary lending platform, BB&T Real Estate Funding, a $43.5 million non-recourse acquisition/bridge loan for a joint venture between Blue Vista Capital Management and Meridian Senior Living. Owned by Holladay Corp., a D.C.-based real estate developer/owner, the targets included an 88-unit assisted living/independent living/respite care community built in 1976 in Yorktown Heights, New York and a 131-unit (147 units post-renovation)... Read More »