• Joint Venture Acquires Four AL/MC Communities

    by | May 8, 2026 3:25 pm | Acquisitions

    Following an active year of M&A with five separate deals totaling 21 properties, Stacked Stone Ventures has kicked off its 2026 growth with a portfolio acquisition in the Southeast. In a joint venture with Praxis Capital and an undisclosed family office, Stacked Stone, which was founded by Kent Eikanas, bought four assisted living/memory care... Read More »

  • Another Publicly Traded REIT Joins the M&A Mix

    by | May 8, 2026 2:59 pm | Acquisitions

    Another well-capitalized institutional player is stepping into the seniors housing fray, adding fuel to an already aggressive bidding environment. And based on its initial acquisitions, with one closed at more than $1 million per unit, the target seems to be high-quality assets. Prices are rising fast in that segment, and as the buyer pool... Read More »

  • Distressed AL/MC Community Gets New Owner

    by | May 8, 2026 2:56 pm | Acquisitions

    Scott Frazier, Kory Buzin and Steve Thomes of Blueprint advised a special servicer in the seniors housing sector on the sale of Spanish Vines, a well-maintained assisted living/memory care community. It sits in a densely populated Pocket-Greenhaven neighborhood of southwest Sacramento, California. The 88-unit community was generating negative... Read More »

  • Underperforming Community Sells and Secures Financing

    by | May 8, 2026 2:52 pm | Acquisitions, Financings

    A buyer recently acquired an underperforming seniors housing community in Charleston, South Carolina, and Blueprint Capital Markets secured the debt financing. Blueprint also represented the undisclosed seller in its divestment. The asset comprises 84 units of assisted living and memory care. There is room for occupancy growth and expense cuts,... Read More »

  • Standalone MC Communities Secure Acquisition Financing

    by | May 8, 2026 2:50 pm | Acquisitions, Financings

    Berkadia recently announced three financings on behalf of three different sponsors. In one of the closings, Steve Muth and Ed Williams arranged $25.8 million in acquisition financing for Peregrine Senior Living at Clifton Park and Peregrine Senior Living at Orchard Park. The bridge financing was provided through Berkadia’s Proprietary Lending... Read More »
Capitol Seniors Housing Breaks Ground in Georgia

Capitol Seniors Housing Breaks Ground in Georgia

by | Jul 2, 2021 8:11 am | Developments

Construction is underway at The Outlook at the Exchange, an active adult community in Buford, Georgia. The 200,000-square-foot, four-story community will offer 180 residential units. The community will be part of Fuqua Development’s Exchange at Gwinnett, a $350 million mixed-use development underway near the Mall of Georgia.  Capitol Seniors Housing developed and invested in this project. This venture comes two months after CSH broke ground on Arbor Terrace Marlton, an 87-unit AL community in southern New Jersey. Element Architects is the design firm for The Outlook, and Core Construction is the general contractor. The project is scheduled to open in late 2022. Read More »
CBRE Returns to Seattle Area For Portfolio Refinance

CBRE Returns to Seattle Area For Portfolio Refinance

by | Apr 21, 2021 9:45 am | Financings

CBRE Senior Housing arranged a refinance for a portfolio of four senior living communities in the Seattle, Washington area. A joint venture between Capitol Seniors Housing and The Carlyle Group originally acquired the portfolio in 2016. Featuring a mix of independent living, assisted living and memory care services, with 368 units in total, the properties are located on in-fill sites in affluent submarkets. They average around 25 years in age. MBK Senior Living took over operations from Merrill Gardens after the 2016 acquisition and has overseen some significant capital improvements across the portfolio.   Five years ago, CBRE arranged more than $60 million in acquisition/renovation... Read More »
Capitol Seniors Housing Completes Hotel Conversion

Capitol Seniors Housing Completes Hotel Conversion

by | Mar 21, 2021 5:02 pm | Developments

Two years after acquiring a former hotel in Nassau County, New York, Capitol Seniors Housing has converted and reopened the property as a new full-service independent living community. Formerly a Residence Inn by Marriott, and now named The Residences at Plainview, the building underwent a full transformation (to the tune of $19.6 million) into an upscale senior living community with a host of amenities. They include many familiar favorites, like indoor and outdoor pools, a putting green, sauna, exercise facilities, a bistro, bar, movie theater, concierge and valet parking, to name a few. There are also 114 residential units, with studio, one- and two-bedroom options. ... Read More »
Blueprint’s April Activity Continues

Blueprint’s April Activity Continues

by | Apr 6, 2020 8:19 am | Acquisitions

Continuing Blueprint Healthcare Real Estate Advisors’ busy deal activity in the last week, which included three skilled nursing closings on April 1st, the team of Amy Sitzman, Dan Mahoney and Blake Bozett sold a 36-unit assisted living community in Kennewick, Washington, in the eastern part of the state. Built in 1995 and featuring all private rooms, the private pay community recently struggled with occupancy because of key leadership turnover.   The seller did work to increase census to over 90% throughout the transaction process, which created some good faith between parties that almost surely allowed for a smooth closing in the middle of the COVID-19... Read More »
Capitol Seniors Housing Flips Ann Arbor Assisted Living Community

Capitol Seniors Housing Flips Ann Arbor Assisted Living Community

by | Oct 29, 2019 5:02 pm | Acquisitions

It’s only been two years since Capitol Seniors Housing acquired a 75-unit assisted living/memory care community in Ann Arbor, Michigan, but the time has come to sell. Richard Swartz, Jay Wagner, Sam Dylag and Chris Remeika of Cushman & Wakefield found a buyer in Kayne Anderson Real Estate, with Provision Living staying on as the operator. No purchase price was disclosed. Originally built in 2000, the community features 63 assisted living and 12 memory care units. When CSH purchased the community from Provision Living in January 2017, they committed to investing in resident care technology, additional common areas and unit renovations. Those projects also eventually included a brand-new... Read More »