• Omega Beats Estimates

    by | Aug 1, 2025 4:17 pm | Opinion, Statistics

    Omega Healthcare Investors released its second quarter results, beating estimates and demonstrating resilience amid the bankruptcy of Genesis Healthcare, one of the largest skilled nursing operators in the country. The REIT reported AFFO of $0.77 per common share, which was above the estimate of $0.75. Revenue also came in higher than expected,... Read More »

  • Private Equity Firm Divests Seniors Housing Communities to SNF Company

    by | Aug 1, 2025 4:11 pm | Acquisitions

    Senior Living Investment Brokerage’s Vince Viverito, Nick Cacciabando, Jeff Binder and Lucas Doll handled the sale of two seniors housing communities in Oklahoma. The communities are located in Mustang and Oklahoma City, both built in stages from the late-1990s to the late-2000s. They total 135 units of independent living, assisted living and... Read More »

  • Joint Venture Recapitalizes Massachusetts Class-A Portfolio

    by | Aug 1, 2025 4:10 pm | Financings

    Northbridge Companies and Taurus Investment Holdings recapitalized their portfolio of six Class-A seniors housing communities in the Boston suburbs for $227 million, or $447,700 per unit. The recap comes five years after the joint venture acquired the portfolio for approximately $200 million, or $394,500 per unit, which was Taurus’ first... Read More »

  • Ziegler Places Two Bank Loans for Phorcys Capital Partners

    by | Aug 1, 2025 4:09 pm | Financings

    Ziegler served as the capital structure advisor in the placement of two bank loans totaling $21.795 million on behalf of Phorcys Capital Partners. The first financing was used to acquire Superior Residences of Clermont, a not-for-profit assisted living/memory care community in Clermont, Florida that was held and operated through a court-appointed... Read More »

  • Not-For-Profit Secures Refinancing

    by | Jul 31, 2025 10:39 pm | Financings

    Ziegler announced the closing of a large bond financing on behalf of Sequoia Living, a California not-for-profit public benefit corporation that serves seniors throughout Northern California. Sequoia, originally known as Northern California Presbyterian Homes, and its related entities own four CCRCs and three affordable housing communities. The... Read More »

Ensign Expands Into Texas and Wisconsin

by | Jun 28, 2017 6:01 am | Acquisitions

The Ensign Group boosted its position in two markets with the acquisition of five assisted living communities previously operated by Brookdale Senior Living. First, in Texas, where the company already owns nearly fifty properties, Ensign acquired two 37-unit assisted living communities located in the towns of Lancaster (Dallas MSA) and Paris (rural east Texas). Lately, Ensign has only acquired skilled nursing facilities in the state: one San Antonio SNF in February 2017 and two others previously owned by National Health Investors in April 2016, to name a couple. So, while Ensign may have veered slightly from its recent Texas strategy with those two communities, the company doubled down in... Read More »

Ensign crosses the Mississippi…East

by | Aug 5, 2015 8:32 am | Acquisitions

An operator of skilled nursing facilities and assisted living communities primarily in western states, The Ensign Group made its first eastward crossing of the Mississippi in a big way, by acquiring the operations of 15 assisted living communities with 687 total units in Wisconsin. Bridgestone Living LLC, Ensign’s seniors housing subsidiary, assumed a long-term master lease on the properties, which includes an option to purchase all of the real estate. The portfolio, with a combined occupancy rate of 83%, is expected to be mildly accretive to earnings in 2015. In addition, the next day Ensign bolstered its already strong presence in Southern California with the acquisition of two... Read More »