• Senex Foundation Divests SNFs to Owner/Operator

    by | May 12, 2026 3:00 pm | Acquisitions

    Vince Viverito, Jason Punzel, Jake Anderson and Taylor Graham of Senior Living Investment Brokerage were engaged by Senex Foundation, a Denver, Colorado-based owner/operator, to help with the disposition of a four-property portfolio and recently closed the second tranche involving two skilled nursing facilities in Nebraska. The deal included the... Read More »

  • 60 Seconds with Swett: The REITs’ Acquisition Appetite

    by | May 12, 2026 2:40 pm | 60 Seconds

    With most of the Q1 earnings results in, we’ve been sifting through a lot of good news on occupancy growth, resident rate increases, expanding NOI margins and the phenomenal long-term outlooks. But our main takeaway had to be the major M&A plans that almost every publicly traded company has completed so far this year and plans to close... Read More »

  • Sonida Senior Living Reports Q1 as CNL Deal Reshapes Portfolio

    by | May 12, 2026 2:39 pm | Uncategorized

    Sonida Senior Living reported its first quarter results after becoming the eighth largest seniors housing owner toward the close of the quarter. The company completed its acquisition of CNL Healthcare Properties, a public, non-traded REIT that owned 69 seniors housing communities, bringing Sonida’s owned portfolio to 153 owned properties and... Read More »

  • Alta Senior Living Secures Refinance

    by | May 12, 2026 2:38 pm | Financings

    At the end of 2021, Alta Senior Living acquired Tequesta Terrace Senior Living (at that time, Village of Tequesta, Tequesta Terrace), a 106-unit assisted living/memory care community in Palm Beach County, Florida. After executing its value-add capex, operational turnaround and lease-up plan, Alta engaged Blueprint to run a full debt process. A... Read More »

  • All-Cash Skilled Nursing Deal Closes

    by | May 12, 2026 2:36 pm | Acquisitions

    An undisclosed buyer acquired a 99-bed skilled nursing facility in Ohio through an all-cash transaction after the seller’s senior lender pushed for an exit. Stan Klos III of 3G Healthcare Real Estate handled the deal. An initial buyer walked away from the deal after a conversion from a lease-only structure was declined by the lender. Another... Read More »
The Big Deals Are Upon Us Again

The Big Deals Are Upon Us Again

by | May 10, 2017 7:02 am | 60 Seconds, Opinion

Sabra Health Care REIT and Care Capital Properties announced their merger in a somewhat negative SNF market for REITs. When I wrote the lead story for the May issue of The SeniorCare Investor talking about the return of the “Big Deal” to the market, I hope you didn’t think I had any inside information. Just days after it was published, Sabra Health Care REIT and Care Capital Properties announced their merger. I had written that a REIT buying a smaller REIT could make sense, except that one of the problems with that type of deal is that you end up with a certain amount of unwanted assets. That said, the transaction makes a lot of sense for both REITs. Separately, their cost of capital was... Read More »
The REIT Recovery

The REIT Recovery

by | Aug 31, 2016 8:31 am | Opinion

Back in mid-February, it looked as if the world of healthcare REITs had collapsed, with no end in sight. Almost every healthcare REIT hit a new low in a span of a few days, but it has been a vastly different story in the six months since then. The average healthcare REIT stock has jumped in price by about 50% since mid-February, with a range between 27% (Care Capital Properties) and 78% (Sabra Health Care REIT). While that means the higher-yielding REITs have dropped down from double-digit yields, the range of dividend yields is still a healthy range of 4.1% to 8.5% (at least for investors). Price pressure will certainly pop up again if the Fed does increase rates next month, but no one is... Read More »

Healthcare REIT Stocks Surge

by | Sep 18, 2015 8:33 am | Financings, Opinion

After the Federal Reserve announced it would not raise interest rates, at least not this month, healthcare REIT stocks surged on the news much more than the market as a whole. While the major stock indices were up between 0.5% and 1.0% in the first hour after the news, the healthcare REIT stocks increased from about 1.5% all the way to 6.0% for newly spun-off Care Capital Properties. We know Ray Lewis must have breathed a sigh of relief. This was a bit of a reprieve for the badly battered healthcare REITs, which suffered exaggerated declines during the past month or two. But rates will be increased, at some point. Read More »

Ventas SNF spin-off gets in the game

by | Sep 4, 2015 8:32 am | Acquisitions

Just a couple of weeks after Care Capital Properties officially was spun out from Ventas and began trading on the New York Stock Exchange, the newly formed post-acute/skilled nursing facility REIT announced its first acquisition, and it was a big one. With eight skilled nursing facilities and one assisted living community and 1,174 beds in the Shreveport, Louisiana market, the portfolio featured an average occupancy of 88% and a 47% quality mix. Also included in the portfolio was a rehab therapy company, four hospice agencies and an interest in an affiliated pharmacy provider. CCP will triple-net lease the portfolio to pursuant to a 15-year master lease containing annual rent escalations... Read More »