• Healthcare REIT Divests SNF to In-Place Operating Partner

    by | Apr 17, 2026 4:05 pm | Acquisitions

    Senior Living Investment Brokerage returned to West Des Moines, Iowa, to sell a skilled nursing facility that it had previously sold in 2019. A healthcare REIT was the buyer back then and is now selling the facility to its in-place regional operating partner. Built in 2004, Arbor Springs features 56 beds on an attractive four-acre campus about 10... Read More »

  • Near-Stabilized AL/MC Community Lands Refinance

    by | Apr 17, 2026 12:18 pm | Financings

    Carnegie Capital closed a bridge refinance for a 50-unit assisted living/memory care community in the Houston, Texas MSA. Four years ago, the property was bought by a California-based operator with a growing footprint in Texas. Performance was approximately two to three months from stabilization, but with the acquisition loan maturity looming, a... Read More »

  • Record-Setting HUD Express Lane Application to Commitment

    by | Apr 17, 2026 12:15 pm | Financings

    Cambridge Realty Capital provided a $6.15 million loan to refinance Avalon Memory Care Keller, a 50-bed stand-alone memory care community in Keller, Texas (Dallas-Fort Worth MSA). The fully amortized, 35-year HUD loan was provided for the owner, a Texas limited liability company, that wished to recast bank debt into a long-term non-recourse... Read More »

  • Large Healthcare Owner Receives Financing

    by | Apr 17, 2026 12:14 pm | Financings

    An owner of more than 80 healthcare properties spanning nine states secured bridge and working capital financing for its skilled nursing portfolio in Washington. The financing includes a $40 million bridge loan and a $6 million working capital line of credit, with a 36-month initial term. MONTICELLOAM provided the funding. Read More »

  • Out-of-State Owner Divests to Investor

    by | Apr 16, 2026 3:07 pm | Acquisitions

    A couple of assisted living and memory care communities in Eastern Tennessee recently traded hands. The two properties comprise more than 100 units. A Chicago-based investor aligned with the seller’s long-term vision for the communities acquired the assets, and partnered with a regional operator that was looking to grow their presence in 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 »