• Berkadia Announces 2025 Activity and Latest Deal

    by | Feb 5, 2026 12:18 pm | Acquisitions, Financings

    Berkadia recorded another successful year, with more than $2 billion in mortgage banking closings for the second consecutive year. In 2025, Berkadia’s financings were spread across 123 properties including active adult, independent living, assisted living, memory care and skilled nursing communities. Multiple lending sources were utilized, such... Read More »

  • Bank Closes Refinance and Acquisition Financing

    by | Feb 5, 2026 12:17 pm | Acquisitions, Financings

    Coastal States Bank announced that it recently closed $9 million in financing to refinance a 60-unit purpose-built memory care community near Centerville, Ohio, and to acquire a 53-unit memory care community in Creve Coeur, Missouri. Following the closing, the sponsor’s affiliated management company, Kauhale Healthcare Management, began managing... Read More »

  • SLIB Sells Ohio Assisted Living Portfolio

    by | Feb 5, 2026 12:13 pm | Acquisitions

    Jeff Binder and Ryan Saul of Senior Living Investment Brokerage sold a portfolio of three seniors housing communities in Ohio. Built between 1987 and 2009, the three buildings consist of 314 total units. They were in receivership. Working on behalf of the out-of-state owner, which has other seniors housing communities throughout Ohio, SLIB... Read More »

  • AHR’s New Interim CEO

    by | Feb 5, 2026 12:12 pm | Uncategorized

    American Healthcare REIT, Inc.’s Chief Executive Officer and President, Danny Prosky, has taken a medical leave of absence, effective February 3, 2026, due to a recent medical event. So, the Company’s Board of Directors appointed Jeffrey T. Hanson, the Chairman of the company’s Board, to serve as Interim CEO and President, effective... Read More »

  • NHI Acquires Nine Communities

    by | Feb 3, 2026 3:47 pm | Acquisitions

    National Health Investors made a large SHOP purchase, adding nine communities consisting of 460 total units across Kentucky, South Carolina and Tennessee. The properties will be managed by Allegro Living Management, an affiliate of Spring Arbor Management. NHI has an existing relationship with Spring Arbor totaling approximately $227 million in... Read More »
HJ Sims Hits It Out Of Overland Park

HJ Sims Hits It Out Of Overland Park

by | May 25, 2017 3:55 pm | Developments, Financings

A CCRC in Overland Park, Kansas is planning a large expansion to its independent living services. Perhaps they read Marcus & Millichap’s National Seniors Housing Report, which reported average IL occupancy steady at 91.7% in 2016, and predicted it will rise 10 basis points in 2017. That is close to the census peak in 2008, when IL communities averaged 92% occupancy, before the Great Recession reared its ugly head. The Overland Park’s IL census is very strong too, at 98%, which prompted the 76-unit expansion effort. Built in 2000, the community already features 64 IL villas, 54 assisted living units, 52 skilled nursing units and 36 memory care units. Census was in fact strong all... Read More »

Berkshire Health Systems Acquires Holyoke CCRC

by | May 23, 2017 6:59 pm | Acquisitions

The Loomis Communities just sold its CCRC in Holyoke, Massachusetts (Springfield MSA), leaving it with three communities in Amherst, South Hadley and Springfield. Loomis had been operating at the property since 1981, when it was independent living with a small skilled nursing facility. It now features 92 skilled beds, 68 IL units and 13 AL units on 4.9 acres. Loomis’ other properties do not have such a large SNF portion, so a sale was pursued. The buyer ended up being Berkshire Health Systems, a not-for-profit health system with a portfolio of 14 other rehab/long-term care properties, among other healthcare properties/businesses. Berkshire will keep the “Loomis” name on the facility for a... Read More »
New Owner For New Pond Village

New Owner For New Pond Village

by | May 16, 2017 8:17 pm | Acquisitions

Benchmark Senior Living, the largest seniors housing provider in the Northeast, just added its fourth CCRC, and 54th overall location, to its impressive portfolio. In a partnership with investment firm Farallon Capital Management, Benchmark acquired New Pond Village, a 199-unit entrance-fee CCRC in Walpole, Massachusetts (Boston MSA), for an undisclosed price. Built in 1992, it currently features 167 independent living and 32 assisted living units. The 90-bed skilled nursing facility was split off from the community in the mid-1990s, but residents at the CCRC have a priority admissions agreement with the SNF. This transaction comes 13 years after the seller, The Shelter Group, originally... Read More »

Ventana by Bucker Gets Off The Ground

by | May 12, 2017 7:00 am | Developments

Several years after plans were first announced for two 12-story senior living towers in the North Park neighborhood of Dallas, Buckner Retirement Services has finally broken ground on The Ventana by Bucker, a 325-unit entrance fee CCRC which is estimated to cost $136 million, or about $418,000 per unit. That tops both the national average cost to construct CCRCs ($386,500 per unit) and the Texas average ($394,700 per unit), according to our in-house database of developments going back to 2013. As such, the development, which features floor-to-ceiling windows throughout the building, boasts a number of luxurious amenities including a roof-top garden, top-floor “Sky Lounge,” heated indoor... Read More »
The Members Breakfast with Alan Butler

The Members Breakfast with Alan Butler

by | May 11, 2017 1:22 pm | Opinion

On May 4th, 2017, we hosted the seventh installment of The SeniorCare Investor Members Breakfast at The Princeton Club in New York City. Our special guest at the subscriber-only event was Erickson Living CEO, Alan Butler.  For 45 minutes, Mr. Butler sat down with our Editor, Steve Monroe, to discuss his joining Erickson in 2010, the company’s emergence from bankruptcy, and the future of the CCRC model. Subscribers can watch the discussion below.... Read More »