• Public REIT Divests to Owner/Operator

    by | Oct 14, 2025 3:16 pm | Acquisitions

    Blueprint facilitated the sale of a Massachusetts skilled nursing facility on behalf of a public REIT in the senior care sector. The REIT determined that the facility was a strong candidate for sale due to its location. Plus, the former operator was switching focus to other assets in its mutual portfolio.  Purpose-built in 1982 with... Read More »

  • Development Company Acquires Through Membership Buyout

    by | Oct 14, 2025 3:15 pm | Acquisitions

    A Missouri-based real estate developer engaged Blueprint to facilitate its membership buyout of a joint venture partner. Brooks Blackmon, Ben Firestone and Lauren Nagle handled the transaction. Four years ago, the firm was brought on to raise capital, ultimately sourcing an institutional capital partner to develop a private pay seniors housing... Read More »

  • 60 Seconds with Swett: Previewing Our Capital Markets Conversation

    by | Oct 14, 2025 3:09 pm | 60 Seconds

    We know that the capital markets have made the biggest impact on M&A activity and property valuations in the last several years, changing the size of possible deals, the makeup of the properties sold and the buyers that could actually buy. Now that the capital markets have substantially improved and are getting better, barring a sudden and... Read More »

  • Seller Exits Seniors Industry with Divestment to REIT

    by | Oct 14, 2025 2:59 pm | Acquisitions

    A single-asset seniors housing owner is exiting the industry with the sale of their property in Murrieta, California. Built in 2016 and 2018, Renaissance Village Murrieta has 142 units of assisted living and memory care in three stories. It was operating just below 70% occupancy, so there is plenty of room for a new owner to improve performance... Read More »

  • Deal Closes Following Buyer Withdrawals

    by | Oct 14, 2025 2:58 pm | Acquisitions

    After a long process that saw multiple buyers pull out from the deal, the sale of Sarah Neuman Skilled Nursing Facility in Mamaroneck, New York, has closed with the help of Mark Myers at Kiser Group. Owned by a religious not-for-profit organization, The New Jewish Home, the facility features 301 beds and was losing money. Myers had previously... Read More »

Two cheers for Cambridge

by | May 26, 2016 6:37 pm | Financings

Cambridge Realty Capital Companies closed nearly $25 million in HUD refinancings for two senior care properties in the Chicago area. Both were Alden Management Services facilities, two of 46 owned by the senior care provider mainly around Chicago and a couple in Wisconsin. A 121-bed assisted living community in Aurora received a $13.58 million loan with a 35-year term. In Chicago, a 300-bed skilled nursing facility refinanced with an $11.3 million loan, also for 35 years. Cambridge Realty Capital Ltd. underwrote both transactions. Read More »

Cambridge completes four HUD transactions

by | Jul 29, 2015 8:31 am | Financings

Cambridge Realty Capital Ltd. has had a busy month, underwriting four HUD loans worth over $50 million. All of the loans went towards refinancing skilled nursing facilities for three separate local limited liability companies and an Illinois not-for-profit. The first, an $8.7 million loan with a fully amortizing 30-year term, refinanced a 180-bed skilled nursing facility in Dayton, Ohio. Staying in Dayton, a 148-bed skilled nursing facility received a $14.2 million HUD refinance with a 30-year term. Next, Cambridge arranged a $16.5 million loan with a 32-year term to refinance a 235-bed facility in Elmwood, Illinois that also provides Alzheimer’s and dementia care. Finally, an Illinois... Read More »