• Public REIT Lands Portfolio in Competitive Sale

    by | Apr 14, 2026 2:52 pm | Acquisitions

    A portfolio of Class-A seniors housing communities sold in the Southeast to an undisclosed publicly traded REIT. Featuring six assets in Georgia and South Carolina, the portfolio totaled 156 independent living, 200 assisted living and 70 memory care units. The communities were built between 2017 and 2022 by a Southeast-based developer. Occupancy... Read More »

  • Regional Owner/Operator Acquires Ocala AL Community

    by | Apr 14, 2026 2:50 pm | Acquisitions

    The third and final asset in the Hampton Manor portfolio has sold with the help of Brad Clousing and Dan Geraghty of Senior Living Investment Brokerage. Hampton Manor Deerwood in Ocala, Florida, was built in 2005 and expanded in 2016 to now feature 61 units of assisted living. The property is stabilized, so the new owner can hit the ground... Read More »

  • Second Generation Operator Divests SNF Portfolio to PE Firm

    by | Apr 14, 2026 2:49 pm | Acquisitions

    A Northeast-based private equity firm engaged Daniel Morris of Plains Commercial Real Estate in its plan to enter a new state. The firm has an existing skilled nursing footprint, and had specific acquisition criteria, which narrowed the focus down to a few potential targets.  The company ultimately acquired a five-facility, 506-bed skilled... Read More »

  • CIBC Springs Ahead with Deal Flow

    by | Apr 14, 2026 2:48 pm | Acquisitions, Financings

    CIBC has been hard at work this Spring, successfully closing several acquisition financings for senior care clients across the country. The largest was a $51.5 million term loan that supported the purchase of four skilled nursing facilities in Illinois totaling 586 beds. Historical performance trended positively over the last two years across the... Read More »

  • National Healthcare Properties Kicks Off IPO Push

    by | Apr 14, 2026 2:41 pm | Uncategorized

    National Healthcare Properties, Inc. launched its public offering of 38.5 million shares of its Class A common stock pursuant to a registration statement on Form S-11 filed with the SEC. The initial public offering price is expected to be between $13.00 and $16.00 per share, and the company expects to grant the underwriters a 30-day option to... Read More »
The Audience Has Spoken

The Audience Has Spoken

by | Apr 27, 2017 8:15 pm | Statistics

On April 27, The SeniorCare Investor’s Steve Monroe moderated a webinar entitled “Investing in the CCRC and Independent Living Market,” with panelists Breck Collingsworth of Resort Lifestyle Communities, Adam Kane of Erickson Living and Rick Swartz of Cushman & Wakefield. During the wide-ranging 90-minute discussion, which you can listen to here, the panel tackled CCRC valuations, cap rates, the IL/CCRC development market, whether these property types will suffer in the next recession as much as the last one. We also brought in the audience a few times to get their insight. First, we asked which property should have a higher cap rate, 100% independent living or a mix of IL, assisted... Read More »
Independent Living Market Outperforms

Independent Living Market Outperforms

by | Apr 19, 2017 7:02 am | 60 Seconds, Opinion

First quarter data from NIC MAP shows IL occupancy again exceeding assisted living, but with less new development. What is it about the independent living community market that keeps occupancy more stable than assisted living, yet sees a much lower level of new development? In the latest NIC MAP data on the first quarter, the IL market outperformed the AL market again, even though IL occupancy did slip a bit sequentially and year over year. I have a hard time understanding why there is not more development in the IL side of the business. Yes, they are larger properties that require more capital and a longer fill time, but it just seems they can be more tailored to any market’s particular... Read More »

HJ Sims Helps Volunteers of America

by | Mar 28, 2017 7:07 pm | Financings

Volunteers of America partnered with HJ Sims to issue $39.73 million in tax-exempt bonds to refinance its 268-unit/bed CCRC in Anoka, Minnesota. Originally built in 2012 with 120 skilled nursing beds and 59 assisted/independent living units, this community added 65 IL units and 24 memory care units to the campus, in addition to converting the 59 AL/IL units to all-assisted living. The borrower is an affiliate of Volunteers of America, an interdenominational church and Christian human services organization that has been in operation since 1896. Series 2011 and Series 2014 bonds financed the development of both phases of the community, and the Series 2017 bonds will advance refund only the... Read More »

Berkadia Serves Up Agency Financings

by | Feb 22, 2017 8:30 am | Financings

Berkadia’s Seniors Housing and Healthcare team, led by Chris Honn, has been working at a furious pace since the end of last year, closing $288 million in financings in the past two months. First up on the agency side, Berkadia arranged a $36.7 million Freddie Mac loan, with a 10-year fixed-rate term, for a recently stabilized 131-unit independent living community in Birmingham, Michigan. Through Fannie Mae, the team also closed a $98 million, seven-year loan (with a fixed rate) on behalf of the owners of a 605-unit entrance-fee CCRC in Florida who were looking to cash out their equity. For a portfolio of five skilled nursing facilities, and 222 beds, in Arizona, Colorado and Utah, Berkadia... Read More »
Ziegler Soars

Ziegler Soars

by | Jan 31, 2017 8:06 pm | Financings

Ziegler has been dominating the tax-exempt bond financing market for seniors housing, closing over $400 million in issuances since November. Its two most recent transactions involved a couple of not-for-profit CCRC operators. First (and the largest), Ziegler closed $126 million in non-rated, tax-exempt bonds, plus $3.8 million in non-rated, taxable, fixed-rate bonds for C.C. Young Memorial Home. The Texas-based not-for-profit was founded in 1922 by the State of Texas to care for the elderly, and now owns and operates a 20-acre campus in northeast Dallas. Included at the community are 223 independent living units in a number of buildings, 75 assisted living units, 30 memory care beds and a... Read More »