• SNF Portfolio Trades Following Strong Bidding Environment

    by | May 7, 2026 3:51 pm | Acquisitions

    A regional operator looking to recycle capital divested a portfolio of four skilled nursing facilities in Florida. There were a total of 460 functional beds, and they were spread across Rockledge, Naples, Venice and Sarasota. Evans Senior Investments handled the deal.  The portfolio generated approximately $46 million in total annualized... Read More »

  • Class-A Seniors Housing Community Receives Agency Financing

    by | May 7, 2026 3:51 pm | Financings

    BWE closed $77 million in fixed-rate, Fannie Mae financing for a Class-A seniors housing community in a major Midwest MSA. The 10-year loan features a full term of interest-only payments. Ryan Stoll and Taylor Mokris led the financing. The community offers a full continuum of care, including independent living, assisted living and memory care.... Read More »

  • LCS and Vi Cement Merger

    by | May 7, 2026 3:16 pm | Acquisitions

    After completing regulatory approvals, LCS and Vi have now closed on their merger agreement, with their combined portfolio including 130 communities across 29 states with more than 45,000 beds. Together, the companies have more than 90 years of combined experience in senior living. CS Capital Advisors served as Lead Financial Advisor and Eastdil... Read More »

  • SLIB’s Red-Hot Start to May

    by | May 5, 2026 3:12 pm | Acquisitions

    Senior Living Investment Brokerage shot out of the gates in May, announcing six separate closings within just a couple of days. The closings included a couple of portfolios, two seniors housing asset sales and two skilled nursing deals. SLIB is on track for another record-breaking year. The largest deal was an eight-property seniors housing... Read More »

  • Independent Living Asset Near Breakeven Changes Hands

    by | May 5, 2026 2:56 pm | Acquisitions

    Blueprint handled the sale of a 60-unit independent living community located just outside of Cleveland, Ohio. At the time of sale, the property was operating around breakeven and offered the opportunity for upside. The option to transition the community to an assisted living waiver model was presented, but the incoming regional owner/operator... Read More »
Capital Health Group and AEW Capital Management Sell Florida Communities

Capital Health Group and AEW Capital Management Sell Florida Communities

by | Oct 31, 2019 3:27 pm | Acquisitions

We just learned of the sellers in Sino-Ocean Capital and Meridian Senior Living’s acquisition of two seniors housing communities in Florida. After funding the land acquisition and development of the two communities, Capital Health Group and AEW Capital Management are selling the properties for an undisclosed amount. The deal involved a 106-unit community in Fort Lauderdale built in 2016 and a 132-unit community in Boca Raton just opened last year, both operating under the “Symphony” brand. They were both well occupied. The buyers engaged Capital One to serve as administrative agent for a large multi-purpose financing package. The $108.9 million loan will be used to... Read More »
White Oak Healthcare REIT Makes First Acquisition

White Oak Healthcare REIT Makes First Acquisition

by | Aug 28, 2019 6:00 am | Acquisitions

Earlier this year, White Oak Healthcare Finance announced that it was forming a new REIT to invest up to $500 million in seniors housing and skilled nursing acquisitions. To do that, they hired a new team consisting of Jeff Erhardt, Paul Nevala, Mike Treiber and John Brussard, all of whom founded Capital Healthcare Investors, a wholly owned subsidiary of MTGE Investment Corp., a publicly traded hybrid REIT. Now, the REIT, appropriately named White Oak Healthcare REIT, is making its first acquisition, involving a four-property senior living portfolio. Located in Arkansas (2), Florida and Pennsylvania, the portfolio features a total of 104 independent living, 230 assisted living and 103... Read More »
Capital Health Group Divests Four Pennsylvania Properties

Capital Health Group Divests Four Pennsylvania Properties

by | Mar 5, 2019 4:35 pm | Acquisitions

Just two years after acquiring four seniors housing properties totaling 534 beds in southeastern Pennsylvania, Capital Health Group is turning around and selling them. After CHG’s operating affiliate Milestone Retirement Communities took over management of the portfolio, occupancy has averaged 93% and the operating margin consistently surpassed 38%. In today’s operating environment, that’s quite a feat. A national REIT was the buyer. CHG sold the communities on behalf of its sponsored operating community, CHH Senior Housing, LP, which is capitalized by Akard Street Partners, an investment venture with the Teacher Retirement System of Texas. Read More »
Capital Health Group Kicks Off Northeast Strategy

Capital Health Group Kicks Off Northeast Strategy

by | Jan 25, 2019 7:03 am | Acquisitions

Nearly a decade on from its last New England acquisition, Capital Health Group added three senior living communities in Rhode Island to its portfolio. The private equity firm has big plans for the properties, expecting to reposition them through $14.9 million in extensive renovations and a change to the programming mix to better meet market demand. Totaling 371 units and 385 beds, the communities currently offer independent living, assisted living and memory care units at locations in East Greenwich, Johnston and Riverside. Capital Health Group’s affiliated management company, Milestone Retirement Communities, will take over operations and oversee the repositioning project. This deal... Read More »
Buyers See Potential In Wildwood Independent Living Community

Buyers See Potential In Wildwood Independent Living Community

by | Sep 20, 2017 2:24 pm | Acquisitions

Joint venture partners Harrison Street Real Estate Capital, REDICO and American House Senior Living Communities clearly eyed potential at a newly built independent living community in Wildwood, Florida (near The Villages). Built in 2013, the community features 173 units ranging in size from 500 to 1,090 square feet. Based on a 30% operating margin on approximately $5.3 million of in-place revenues, and occupancy of 90% at the time of sale, we have estimated the cap rate to be about 5.2%.  Both occupancy and margins could be improved, with a good amount of hard work, of course. Since assuming management, American House has added private duty personal care services through Allegiance... Read More »