This covers all seniors housing and care transactions handled by Blueprint Healthcare Real Estate Advisors.
A senior living community in the Dallas, Texas area that has recently fallen on some bad times just changed owners from one publicly traded REIT to another. Built in 1999 with 90 units of independent living, assisted living and memory care, the community was previously operated by Atria Senior Living. It had historically operated at […]
Brooks Blackmon and Ben Firestone of Blueprint Healthcare Real Estate Advisors represented a publicly traded REIT in its disposition of a struggling seniors housing community in Alabama. Featuring both assisted living and memory care (specialty care assisted living facility) units, the property was operating just below breakeven at the time of the sale and was […]
Newly formed Twin Light Capital completed the acquisition of 11 seniors housing communities and two development sites in Minnesota. The existing properties have 291 units with 398 licensed beds, and the two development sites have a total of 22.7 acres in Duluth and Fergus Falls. The acquired portfolio includes the Keystone Bluffs assisted living community […]
They just couldn’t get away for long. After exiting the seniors housing space earlier this year, an Alabama-based family owner/operator got back in the game with the purchase of an independent/assisted living community in the state. Brooks Blackmon of Blueprint Healthcare Real Estate Advisors facilitated both their exit (with help from Ben Firestone) and reentry. […]
A couple of struggling skilled nursing facilities in Arizona got a new lease on life. By that, we mean that their publicly traded REIT owner found a new operator to manage them under a long-term lease. Amy Sitzman, Christopher Hyldahl and Gideon Orion of Blueprint Healthcare Real Estate Advisors handled the transaction. These facilities are […]
Three years after acquiring a struggling assisted living/memory care community in Rancho Cucamonga, California, a Chicago-based private equity group is exiting the asset, and leaving the community in better shape. Originally built in 2002, the 86-unit community features 62 assisted living and 24 memory care units across four free-standing buildings. Occupancy was a solid 86%, […]
A New York-based national owner hired Blueprint Healthcare Real Estate Advisors to successfully close the sale of two of its skilled nursing facilities in the Nashville, Tennessee market. Executing on a confidential marketing process, Christopher Hyldahl, Gideon Orion and Kendra Gonzalez sold the facilities to a regional owner/operator looking to expand its scale in the […]
Dwight Capital arranged a cash-out refinance for the owners of a 106-bed skilled nursing facility in Pikeville, Kentucky, paying off an acquisition loan that Dwight financed in 2018. Built in 1970 less than a mile from the 250-bed Pikeville Medical Center, the facility was previously owned by a publicly traded REIT and operated by Signature […]
Senior Housing Properties Trust (SNH) continued its Five Star Senior Living (FVE) portfolio restructuring with the sale of 15 skilled nursing facilities in the Midwest. Mike Segal, Ben Firestone and Steve Thomes of Blueprint Healthcare Real Estate Advisors handled the transaction for SNH, which made a strategic decision to sell the entire portfolio in one […]
Despite strong operations, a Maryland skilled nursing facility was deemed to be non-core and slated for sale in a transaction led by Steve Thomes and Joshua Salzman of Blueprint Healthcare Real Estate Advisors. Located just outside of Baltimore in a sought-after market, the 63-bed/34-unit facility was acquired by an experienced skilled nursing investor and operator […]