• 60 Seconds with Steve Monroe: You’ve Got To Be Kidding

    Sadly, we are not kidding. President Trump has shown his true colors, and his true loyalty to the almighty dollar, with yet another pardon of one of the bad boys of senior care. But this bad boy is the worst of the group. We are referring to the just announced pardon of criminal Joseph Schwartz, the former owner of Skyline Health. Several months... Read More »
  • Publicly Traded REIT Divests Seniors Housing Portfolio

    A Wisconsin-based developer sold its five seniors housing properties in the Badger State to LTC Properties. Tukka Properties has a longstanding relationship with Walker & Dunlop, which had secured development debt, equity and permanent financing for the assets over the years and had also sold a Tukka-developed property to Welltower in 2021... Read More »
  • Sale Revives Stalled Seniors Housing Development

    Blueprint closed on the sale of a partially developed seniors housing community in Pearland, Texas. Originally planned as a 198-unit independent living, assisted living and memory care community on 9.6 acres, the project was approximately 60% complete when development stalled. Blueprint targeted seniors housing operators and developers, as well... Read More »
  • MONTICELLOAM Closes One of Its Largest Financings

    In one of the largest financings the firm has ever completed, MONTICELLOAM, LLC, along with firm affiliates, funded $470.5 million in total bridge and working capital financing for a sixteen-facility skilled nursing portfolio. The sponsor group, which owns and operates over 200 skilled nursing facilities across the country, used the $455.5... Read More »
  • Cash Flowing Assets Trade in Florida and Oregon

    Blueprint was engaged by a repeat institutional private equity client in the sale of a Class-A assisted living/memory care community in the Clearwater, Florida MSA. The community has received investments over the years and offered immediate in-place NOI and strong operating margins, while presenting some value-add opportunities. Kyle Hallion,... Read More »
Blueprint Sells Jewish Senior Care Community in Ohio

Blueprint Sells Jewish Senior Care Community in Ohio

Jacob Gehl, Connor Doherty and Giancarlo Riso of Blueprint Healthcare Real Estate Advisors represented a not-for-profit senior care community in the Cincinnati, Ohio suburb of Mason in its sale to another not-for-profit entity. After first opening in 1997, the 267-bed/unit property was operated by the Jewish Home of Cincinnati and offers a full continuum of care, including independent living, assisted living, memory care and skilled nursing. However, in order to invest in new programs and services to serve Cincinnati’s Jewish seniors in the future, its Board of Trustees elected to sell. Blueprint found an Indiana-based not-for-profit buyer, which will hire CarDon & Associates to manage... Read More »