• Strawberry Fields REIT’s 2025 Growth

    by | Feb 20, 2026 3:31 pm | Acquisitions

    Strawberry Fields REIT reported its 2025 operating results, noting that it was the best year since its inception more than 10 year ago. The company posted significant increases in FFO and AFFO, and it completed more than $110 million in several new acquisitions. Its portfolio now includes 131 skilled nursing facilities, 10 assisted living... Read More »

  • Owner/Operator Exits SNF Sector

    by | Feb 20, 2026 3:29 pm | Acquisitions

    An independent owner/operator exited the skilled nursing sector through its divestment of Sunrise Country Manor, which has 80 beds in Milford, Nebraska, and features a mix of private and semi-private units. It maintained an 83% occupancy rate at the time of the sale. A regional operator looking to expand its footprint in Nebraska acquired the... Read More »

  • Assisted Living Providers Join Forces 

    by | Feb 20, 2026 3:28 pm | Acquisitions

    Majestic Residences recently expanded its footprint, adding 17 assisted living communities and six in active development, through its acquisition of Avendelle Senior Living. Avendelle will be integrated into the Majestic Residences platform, with Avendelle’s corporate team retained. The combined organization will operate under the Majestic... Read More »

  • Investor Secures Financing and Acquires Class-A Community

    by | Feb 20, 2026 3:27 pm | Acquisitions, Financings

    BWE’s Seniors Housing Capital Markets Team sold and financed The Capstone at Station Camp, which sits in the Nashville, Tennessee MSA. Built in 2021, the Class-A assisted living and memory care community comprises 100 units in Gallatin. It is operated by TerraBella Senior Living.  BWE represented the seller, Hunt Midwest. The buyer was a... Read More »

  • Multiple SNFs Sell in Separate Transactions

    by | Feb 20, 2026 3:26 pm | Acquisitions

    A large skilled nursing company sold its 181-bed skilled nursing facility to a private investment firm based in New York, exiting South Carolina in the process. The buyer had an existing skilled nursing footprint, and will be leasing this facility to a regional operator. The building was older, built in the 1980s, and was around 80% occupied at... Read More »
CBRE doubles down

CBRE doubles down

by | Sep 14, 2016 7:31 am | Acquisitions, Financings

CBRE pulled double duty with its last transaction, arranging and funding an acquisition of a 76-unit assisted living/memory care community in the Philadelphia area. Lisa Widmier and Matthew Whitlock handled the sale on behalf of the previous owner. This was built in 2013 at a cost of about $250,000 per unit, and a joint venture between Sage Senior Living and an institutional partner acquired it for just over $400,000 per unit. Aron Will arranged a non-recourse, five-year floating-rate loan, with 36 months of interest only, from a regional bank. Sage Senior Living will take over management. Read More »

From the rumor mill

by | Sep 9, 2016 8:31 am | Acquisitions

We have heard that a joint venture between Capitol Seniors Housing and Formation-Shelbourne Partners may have sold an assisted living and memory care community outside of Philadelphia to a private equity firm. Pricing has not been disclosed yet, but we understand that it could have been close to $400,000 per unit for the newly built community. Lisa Widmier and Matthew Whitlock of CBRE represented the seller, and Aron Will of CBRE arranged a five-year floating rate loan for the buyer, with three years of interest only. It looks like this is a case of buying a state-of-the-art community in a good market. Details to follow. Read More »
Development for Denver joint venture

Development for Denver joint venture

by | Aug 26, 2016 8:31 am | Developments, Financings

A joint venture between three different parties enlisted the help of Aron Will from CBRE to help finance a to-be-built senior living community in Denver, Colorado. Blue Moon Capital Partners, MGL Partners and Leisure Care are set to break ground in September on a 163-unit independent living, assisted living and memory care community located near the heart of the Denver Tech Center. Mr. Will secured a $28.7 million, non-recourse floating rate loan, with a six-year term and 48 months of interest only, provided by a regional bank. The community is set to open in Spring 2017. Read More »
Financing the future

Financing the future

by | Aug 17, 2016 8:30 am | Acquisitions, Financings

We wrote earlier this month of Capitol Seniors Housing’s large acquisition in the Seattle area, which involved four communities and some 368 units of assisted and independent living for a purchase price of $78 million, or $211,957 per unit. It turns out Aron Will of CBRE financed the transaction on behalf of the joint venture between Capitol Seniors Housing and The Carlyle Group. Mr. Will secured more than $60 million in non-recourse, floating-rate financing, with a five-year term and 36 months of interest only. Approximately $51.9 million of the loan will go towards financing the acquisition, and another $8 million will be allocated for planned capital improvements. The properties were... Read More »

San Diego Solution

by | Aug 12, 2016 1:22 pm | Financings

Aron Will of CBRE closed his latest transactions for two separate borrowers in the San Diego area. First, Mr. Will and Kevin Randles arranged a fixed rate Fannie Mae loan to refinance an 84-unit independent living community in San Diego. The owner/operator, Ray Stone Inc., had managed the community since 2005. Then, The Grant Companies refinanced the recently stabilized 102-unit independent/assisted living Phase II of its Ridge at Lantern Crest campus. Mr. Will worked with Bill Chiles and Scott Peterson on this transaction. CBRE also refinanced Phase I with a Freddie Mac loan back in 2014. Read More »