• 60 Seconds with Steve Monroe: Brookdale Senior Living, What’s Next?

    by | Jul 15, 2025 3:42 pm | 60 Seconds

    So, the big vote occurred last week, and shareholders of Brookdale Senior Living have spoken. We are sure that the recent increases in occupancy convinced some shareholders to stick with management and its “plan.” But the nominees from activist shareholder Ortelius Advisors were not off-the-wall candidates. It was an excellent group, and despite... Read More »

  • Optalis Healthcare Acquires Michigan Portfolio

    by | Jul 15, 2025 3:19 pm | Acquisitions

    Blueprint was engaged by Michael F. Flanagan, the duly appointed receiver of Spartan Holdco, LLC, et al. and approved by the Oakland County Circuit Court to run a marketing process sourcing qualified overbids for the auction sale of the SKLD (Skilled Living and Development) portfolio. Dubbed Project Spartan, the portfolio comprises eleven skilled... Read More »

  • National REIT Divests to Cougar Capital Management

    by | Jul 15, 2025 3:18 pm | Acquisitions

    Haven Senior Investments facilitated a transaction between a national REIT and a real estate development firm based in Boston, Massachusetts. The seller, Summit Healthcare REIT, divested a seniors housing community in Littleton, New Hampshire, The Village at Riverglen. Built in 2002, The Village at Riverglen features 60 beds across 50 independent... Read More »

  • CFG’s H1 Financing Volume

    by | Jul 15, 2025 3:15 pm | Financings

    Capital Funding Group’s bridge-to-HUD and HUD teams financed more than $930 million across 50 transactions in the first half of 2025. These financings included 14 HUD loans, 21 bridge loans and 15 accounts receivable loans for clients across the country. Managing Director of Real Estate Craig Casagrande originated a few transactions throughout... Read More »

  • Stabilized Class-A IL Community Secures Refinancing

    by | Jul 15, 2025 3:14 pm | Financings

    Greystone arranged a $43.5 million debt placement to refinance a seniors housing community in Oregon. The 142-unit property is a recently built and stabilized Class-A independent living community. The community had strong trailing cash flows, on a shorter trailing period, but an upward trend. The financing was sourced by David Young.  The... Read More »
Blueprint Arranges Complicated SNF Transaction

Blueprint Arranges Complicated SNF Transaction

by | Mar 19, 2021 9:40 am | Acquisitions

A struggling skilled nursing facility in Dayton, Ohio that has gone through survey issues and financial insolvency in recent years found a new owner with the help of Connor Doherty and Ryan Kelly of Blueprint Healthcare Real Estate Advisors. The 108-bed facility, which was built in 1975 and has been relatively well maintained, was previously owned by a not-for-profit. Operations had been relatively consistent in the past several years, and even during COVID, but there are certainly many improvements to be made to both census and cash flow. The HUD loan on the property was eventually turned back to the agency, and the fair market value of the asset was determined to be less than the HUD... Read More »
Blueprint Closes Kerrville, Texas SNF Deal

Blueprint Closes Kerrville, Texas SNF Deal

by | Feb 2, 2021 5:05 pm | Acquisitions

Jacob Gehl and Humair Sabir of Blueprint Healthcare Real Estate Advisors kicked off the firm’s 2021 M&A activity with a memory care sale in Kerrville, Texas. Built in 2001 with 36 units, the community was last acquired in 2014 by a private partnership for $2.4 million, or $66,700 per unit, according to our M&A deal database.   It was losing money at the time because of high staff turnover, but thanks to a good reputation in the local market and vastly increasing its staff tenure, the community was operating well, with occupancy regularly above 90% and the operating margin around 30%.   Still, a new owner could take advantage of scale to grow cash flow even more, and that... Read More »
Blueprint Handles Upstate New York Transaction

Blueprint Handles Upstate New York Transaction

by | Jan 29, 2021 4:20 pm | Acquisitions

Michael Segal and Ben Firestone of Blueprint Healthcare Real Estate Advisors handled the sale of an 80-bed skilled nursing facility in upstate New York, representing the private ownership group seller in the process.   Originally developed in the mid-1970s in Rensselaer, New York (across the Hudson River from Albany), the facility recently received significant capital investments that included interior renovations, operational equipment upgrades and technological enhancements. Ownership also made improvements to the majority of private rooms, which helped keep the quality mix very strong at around 50%. Operations were also solid (and improving before COVID-19), with... Read More »
People on the Move

People on the Move

by | Jan 28, 2021 1:43 pm | Opinion

Early last year, we were surprised when Torey Riso told us he was leaving Blueprint Healthcare Real Estate Advisors, where he had been serving as President and CEO. He was brought in by the founders to add experience and his contacts to the growing firm. And grow it did. He figured he had done what was needed and it was a good time to leave. And then the pandemic hit, which we are sure altered his post-Blueprint plans.  It was just announced that he has joined Huron Consulting Group as a Managing Director specializing in healthcare services, but particularly the senior care market. He has helped small and mid-size operators scale their operations, and in particular will... Read More »