• Brookdale Occupancy Stalls

    by | Dec 9, 2025 3:28 pm | Uncategorized

    Brookdale Senior Living released its November occupancy results, and its census growth has stalled this Fall. In its consolidated portfolio, weighted average occupancy fell by 10 basis points from 82.6% in October to 82.5% in November, while month-end occupancy dropped more significantly from 83.7% to 83.4%. Same-community results were not... Read More »

  • Well-Performing Facility Sells for Strong Price

    by | Dec 9, 2025 3:27 pm | Acquisitions

    A rare skilled nursing and behavioral health facility in Tucson, Arizona, sold for a strong price to a partnership between a regional healthcare equity investor and a national skilled nursing operator. Featuring more than 140 beds, the facility is licensed by the state for both medical and behavioral health services, being the only SNF in the... Read More »

  • AL Community with Attached SNF Trades

    by | Dec 9, 2025 3:26 pm | Acquisitions

    An assisted living community with an attached, vacant 65-bed skilled nursing facility in Faribault, Minnesota, sold with the help of Ray Giannini of Marcus & Millichap. Built in 1998, Pleasant View Estates features 36 units and a 75% elderly waiver census. The community was well-occupied and operated at a strong margin. It was previously... Read More »

  • Regional Bank Funds Dallas Development

    by | Dec 9, 2025 3:25 pm | Developments, Financings

    Construction projects, although rare, can still get done these days. Tremper Capital Group successfully secured an $84 million non-recourse loan from a regional bank to fund a development in the Dallas, Texas MSA. The 164-unit independent living, assisted living and memory care project is being built by Harbert South Bay Partners in the... Read More »

  • UMRH Expands Two CCRCs in North Carolina

    by | Dec 9, 2025 3:24 pm | Financings

    Ziegler closed The United Methodist Retirement Homes’ (UMRH) $92.125 million Series 2025A, 2025B and 2025C bonds. UMRH is a North Carolina-based not-for-profit corporation that owns and operates three CCRCs in North Carolina: Croasdaile Village Retirement Community in Durham, Wesley Pines Retirement Community in Lumberton, and Cypress Glen... Read More »
Back to Boise

Back to Boise

by | Aug 16, 2016 8:12 pm | Acquisitions, Developments, Financings

Boise, Idaho-based Cascadia Healthcare, a regional provider of transitional/skilled nursing care, just expanded its relationship with one of the more active buyers in 2016, CareTrust REIT. A few months after Cascadia sold (and then leased back) its 98-bed skilled nursing facility in Boise to CareTrust for $8.9 million, or $90,816 per bed, the provider broke ground on its latest transitional care development in nearby Nampa. The 99-bed, 52,000-square foot facility, scheduled to open in mid-2017, just received a $2.2 million preferred equity investment from CareTrust. In addition, the REIT will have an option to purchase the property once it is stabilized. Read More »

CareTrust’s buying spree

by | May 3, 2016 7:32 pm | Acquisitions

What has gotten into CareTrust REIT this year? When most other REITs are taking a significant step back in terms of buying, the California-based CareTrust has made 11 acquisitions, for 21 facilities, so far in 2016 (which already equals the number of facilities acquired in 2015). First, the company purchased two communities in North Carolina for $11.7 million, or $113,592 per unit, handled by Evans Senior Investments. The deal included a 16-year old 46-unit assisted living/memory care community and a 17-year old 21-unit memory care community. Premier Senior Living Group will operate the two stabilized properties. Next up, CareTrust bought a 175-unit independent/assisted living community in... Read More »