• Sabra Trims Forecast, Tempering a Solid Quarter

    by | Nov 6, 2025 3:27 pm | Acquisitions

    Sabra Health Care REIT, Inc. announced several acquisitions in its third quarter results. The REIT acquired six managed seniors housing properties for $217.5 million with an estimated initial cash yield of 7.8%, three of which were acquired through a consolidated joint venture in which Sabra has a 95% equity interest. The company also purchased... Read More »

  • CareTrust’s Flurry of Acquisitions

    by | Nov 6, 2025 3:26 pm | Acquisitions

    CareTrust REIT, Inc. closed a series of transactions totaling approximately $437 million in late October. In two separate deals, the REIT acquired 12 skilled nursing facilities and one skilled nursing campus located across the Southeast and Mid-Atlantic. The combined portfolio includes approximately 1,760 licensed skilled nursing beds and... Read More »

  • Ensign Adds to Its Utah and Alabama Footprint

    by | Nov 6, 2025 3:25 pm | Acquisitions

    The Ensign Group, Inc. kicked off November with a couple of new deals. The publicly traded company acquired the real estate and operations of the following seven Stonehedge skilled nursing facilities in Utah: Stonehenge of American Fork (90 beds in American Fork) Stonehenge of Cedar City (50 beds in Cedar City) Stonehenge of Ogden (52 beds in... Read More »

  • Joint Venture Makes Its First Acquisition

    by | Nov 6, 2025 3:24 pm | Acquisitions

    A joint venture between Capitol Seniors Housing and a global alternative asset manager with over $55 billion in assets under management worldwide acquired The Woods at Merrimack, a 140-unit seniors housing community in Methuen, Massachusetts. This is the first deal between CSH and the asset manager but marks the beginning of a long-term... Read More »

  • Michigan-Based Owner/Operator Buys Lansing Campus

    by | Nov 6, 2025 3:23 pm | Acquisitions

    A public REIT engaged Blueprint in the confidential divestiture of a 53-unit assisted living and memory care campus in Lansing, Michigan. The campus features two standalone buildings separately catering to assisted living residents and those requiring memory care. The well-maintained campus was originally built in 1997 and consisted of 19... Read More »

Leaving the Lone Star State

by | Aug 23, 2016 7:10 pm | Developments

Civitas Senior Living is expanding its operations outside of Texas for the first time, as it is set to break ground on a senior living community in Louisville, Kentucky. Civitas has been one of the more active developers/acquirers in Texas (and that’s saying something). In 2015 alone, the company opened five new assisted living/memory care communities, and, after forming a new post-acute care division, also acquired two skilled nursing facilities plus an assisted living community in the town of Jefferson, Texas. Then, at the beginning of 2016, Civitas purchased two former Brookdale Senior Living properties in Harlingen, and currently has four communities set to open soon in Texas. After... Read More »
Civitas firing on all cylinders

Civitas firing on all cylinders

by | Feb 4, 2016 8:34 pm | Acquisitions, Developments

A seniors housing developer active in Texas, after already opening five assisted living/memory care communities in the state last year, with three more currently under construction, is jumping back into the acquisition market to grow its portfolio. Civitas Senior Living purchased two former Brookdale Senior Living communities (with 58 independent living, 65 assisted living and 36 memory care units) in Harlingen, Texas (Brownsville MSA) for an undisclosed price. Civitas will take over operations and commence renovations to the common areas early this year. This is not the first acquisition for the fast-growing developer, however, which last September announced a new post-acute care... Read More »

Opportunistic Texas developers growing in-state and out

by | Jan 8, 2015 7:59 pm | Developments

Civitas Senior Living is flexible when it comes to its growth. With the right deal and the right partner, the company develops assisted living/memory care communities with the intent of owning and operating them outright, co-owning with a development partner or being brought in as a third-party manager with a smaller ownership stake. They’ll build independent living where it’s needed too. With three properties open, and two of them stabilized in Winnsboro (East Texas) and Mesquite (Dallas MSA) with 94% occupancy, Civitas has five communities under construction, with two set to open in March 2015 in Midlothian (North Texas) and Austin, two in June 2015 in Flower Mound and Allen (both Dallas... Read More »