• Brookdale’s Summer Test Ahead

    by | Apr 10, 2026 8:09 am | Uncategorized

    Brookdale Senior Living reported its March occupancy results, and it unfortunately took another step in the wrong direction. We will get a better read when peers report first-quarter results and when NIC MAP releases its next tranche of occupancy data, but at this point, it seems as though Brookdale will need a particularly strong performance... Read More »

  • Public REIT Acquires New England Seniors Housing Portfolio

    by | Apr 9, 2026 3:21 pm | Acquisitions

    Blueprint announced that it handled the sale of a three-community private pay seniors housing portfolio in Rhode Island. A Dallas-based private equity firm engaged Blueprint in 2025 to sell the portfolio, which it acquired with Capital Health Group in 2019. The assets comprise 367 independent living, assisted living and memory care units in the... Read More »

  • Regional Owner/Operator Exits Senior Care Industry

    by | Apr 9, 2026 3:20 pm | Acquisitions

    Senior Living Investment Brokerage completed a regional owner/operator’s exit from the seniors housing industry with a third and final disposition. The asset was The Homestead in Fallon, Nevada, about one hour east of Reno. It was originally built between 1972 and 1980 and has undergone significant renovations in 2007 and 2018. Most recently, in... Read More »

  • Well-Performing SNF Trades in Iowa

    by | Apr 9, 2026 3:18 pm | Acquisitions

    A skilled nursing facility in Cedar Rapids, Iowa, that boasted strong occupancy levels and consistent cash flow traded hands. The facility had long-standing referral relationships and a reliable census pipeline. But, there is still room for upside.  Ownership was intentional in selecting a buyer that would preserve and build upon the facility’s... Read More »

  • Class-A Active Adult Community Trades

    by | Apr 9, 2026 3:16 pm | Acquisitions

    An active adult community north of Houston, Texas, sold with the help of Cody Tremper, Mike Garbers, Ross Sanders and Dave Fasano of Berkadia Seniors Housing & Healthcare. Alders Magnolia encompasses 184 units in Magnolia, and was built in 2021. The seller was Capitol Seniors Housing, and the buyer was Texas-based active adult development and... 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 »