• ESI Closes Two SNF Deals

    by | Nov 13, 2025 4:10 pm | Acquisitions

    Evans Senior Investments handled a sale on behalf of an institutional owner/operator in California. The 64-bed skilled nursing facility is in California. The ultimate buyer was also based in California and entered into a new long-term lease agreement with Sun Mar Healthcare, a regional operator with a portfolio of skilled nursing and post-acute... Read More »

  • 30+ SNFs Sell to Large Owner/Operator

    by | Nov 13, 2025 4:09 pm | Acquisitions

    A portfolio of more than 30 skilled nursing facilities totaling nearly 6,000 beds has sold, allowing the regional skilled nursing owner/operator to exit the industry. Few details were disclosed, and the deal appears to have been done very quietly, but the portfolio spanned between five and 10 states in the Southeast and featured approximately 35... Read More »

  • Scribner Capital and William James Group Team Up Again

    by | Nov 13, 2025 3:45 pm | Acquisitions

    Scribner Capital and William James Group acquired two assisted living and memory care communities in Georgia. The Haven at Fayetteville, a 62-unit assisted living and memory care community that was rebranded from The Oaks, was built in 1999 and was at about 90% occupancy at closing. Located in Athens, The Haven at Cedar Shoals (formerly The Oaks)... Read More »

  • Joint Venture Acquires Cash-Flowing Communities

    by | Nov 13, 2025 3:44 pm | Acquisitions

    A trio of well-run seniors housing communities in the Southeast sold to a partnership that included a national owner and a regional operator. Brad Clousing and Dan Geraghty of Senior Living Investment Brokerage represented another regional owner/operator in the sale. The deal includes two adjacent seniors housing communities in Cumming, Georgia,... Read More »

  • Owner/Operator Enters New State

    by | Nov 13, 2025 3:43 pm | Acquisitions

    Vince Viverito and Taylor Graham of Senior Living Investment Brokerage handled the sale of a distressed skilled nursing facility in rural Colorado. Built as a therapy building in 1912 and converted to a skilled nursing facility in 1964, Lamar Estates features 60 beds on 1.34 acres with 19,394 square feet in the town of Lamar. The non-performing... Read More »
CBRE Finances Harrison Street/Anthology Joint Venture

CBRE Finances Harrison Street/Anthology Joint Venture

by | Aug 24, 2021 4:01 pm | Financings

CBRE Senior Housing’s Aron Will, Austin Sacco and Tim Root have arranged construction financing on behalf of a joint venture between Anthology Senior Living and Harrison Street.  The five-year floating rate loan with 42 months of interest only was provided through a regional bank for Anthology Boynton Beach, a 130-unit senior living community in Boynton Beach, Florida. It comprises 98 assisted living units and 32 memory care units on 5.3 acres within a larger planned development named Main Street at Boynton. The to-be-built community will be operated by Anthology Senior Living, a seniors housing-focused subsidiary of CA Ventures.  Amenities will include a fitness center, spa,... Read More »
CBRE Sells Five Communities in the Great Lakes Area

CBRE Sells Five Communities in the Great Lakes Area

by | Aug 12, 2021 2:30 pm | Acquisitions

Lisa Widmier of CBRE Senior Housing has sold a portfolio of five assisted living/memory care communities in the Great Lakes region. Appropriately called the “Great Lakes Portfolio,” these communities consist of 514 units in Michigan (with three locations) and Ohio (two locations). Occupancy fell below 50%, and not surprisingly, the portfolio was not making any money at the time of the sale.  Lone Star Funds and alternative investment manager Hudson Advisors acquired the portfolio from an unnamed seller. The purchase price was not revealed, we have heard it may have exceeded $115 million, or more than $225,000 per unit. Considering how far occupancy needs to come to improve both margin and... Read More »
BMO Harris Funds Construction Project in North Carolina

BMO Harris Funds Construction Project in North Carolina

by | Aug 5, 2021 4:32 pm | Developments, Financings

BMO Harris Bank’s Healthcare Real Estate Finance business announced that it secured a $72.4 million construction loan for a senior living community in Charlotte, North Carolina. The Village on Morehead will feature 199 high-end independent and assisted living units in 12 stories. Bridgewood purchased the site for $11.5 million and will have its wholly-owned management group, Retirement Center Management, operate the community once it opens in 2023.  CBRE arranged this loan through BMO Harris on behalf of a joint venture between Bridgewood Property Company and Harrison Street. CBRE originated a four-year, floating-rate loan with a full term of interest-only and extension options. Over the... Read More »
BMO Harris Funds Construction Project in North Carolina

CBRE Finances New Senior Housing Construction in North Carolina

by | Jul 22, 2021 4:05 pm | Financings

The Village on Morehead, a to-be-built, Class-A, 199-unit senior living complex in Charlotte, North Carolina, has secured construction financing courtesy of CBRE Senior Housing’s Aron Will, Austin Sacco and Tim Root. CBRE arranged this loan on behalf of a joint venture between Bridgewood Property Company and Harrison Street.  This 12-story independent and assisted living community will be operated by Retirement Center Management (RCM), Bridgewood’s wholly-owned management group. The Carolinas Medical Center, North Carolina’s largest hospital, is located less than a mile from the community.   CBRE originated a four-year, floating-rate loan with full term of interest only and... Read More »
CBRE Finances Active Adult Development in Chicagoland

CBRE Finances Active Adult Development in Chicagoland

by | Jun 2, 2021 9:43 am | Developments, Financings

A new active adult development that is set to break ground just received financing courtesy of CBRE and a national bank. Aron Will, Austin Sacco and Matthew Kuronen of CBRE Senior Housing partnered with CBRE Chicago’s Debt and Structured Finance’s John Parret and Peter Marino to arrange the $43 million construction loan.   The to-be-built community is located in Chicagoland and will feature around 190 units. It is considered to be “A” quality, which we imagine are easier projects for lenders to get behind right now, especially with an active developer in the space. A national bank provided the loan, which comes with a five-year term, 42 months of interest only and a floating... Read More »