• Active Adult Community Secures Freddie Mac Refinance

    by | Nov 26, 2025 12:44 pm | Financings

    An active adult community in Hurst, Texas, paid off its existing bank debt with a Freddie Mac refinance arranged by Berkadia. Heritage Village Residences was built in 2014 with 120 units, including 10 cottages. It was part of multiple acquisitions over the years, first in 2020 when Edison Equity Management Corporation bought it for $23.3 million... Read More »

  • Upstate NY Seniors Housing Community Trades

    by | Nov 26, 2025 12:42 pm | Acquisitions

    Kory Buzin and Steve Thomes of Blueprint facilitated the sale of a seniors housing community in upstate New York that stakeholders were divesting to take advantage of positive performance trends and a strong M&A market. The Legacy at Cranberry Landing, a 95-unit independent living, assisted living and memory care community in Rochester, was... Read More »

  • Seniors Housing Investment Vehicle Acquires First Asset

    by | Nov 26, 2025 12:41 pm | Acquisitions

    Focus Healthcare Partners acquired Bellingham at West Chester, a 274-unit seniors housing community in West Chester, Pennsylvania. The investment is Focus’ first for its newest investment vehicle, Focus Senior Housing Fund III. The property sits on an 11.8-acre site 20 miles west of downtown Philadelphia. It comprises 208 independent living, 50... Read More »

  • Management Transfer Includes Purchase Option

    by | Nov 26, 2025 12:41 pm | Acquisitions

    A senior care campus in Waterloo, Illinois, secured a new operator thanks to Ray Giannini of Marcus & Millichap. Featuring 144 skilled nursing beds and 50 independent living units, Oak Hill – Senior Living and Rehabilitation Center was well occupied with a strong quality mix. It was owned by Monroe County, which wanted to retain the... Read More »

  • Bank Provides Refinance to Family Office

    by | Nov 26, 2025 12:38 pm | Financings

    BHI, the U.S. branch of Bank Hapoalim, provided a $29.0 million loan for the refinancing of an assisted living and skilled nursing facility in West Palm Beach, Florida. Gold Standard of Care Group, a Florida-based family office with a focus on healthcare and senior care and over $150 million in assets, was the borrower.  Totaling 70,272... Read More »
Majority rules

Majority rules

by | Sep 9, 2016 8:30 am | Acquisitions, Financings

Merrill Gardens found a new majority partner for a small portfolio of four senior living communities on the West Coast it had either developed or acquired in the last couple of years. Previously a minority owner with an affiliate of Heitman (a real estate investment management company based in Chicago), the Seattle-based operator had developed three of the communities in the Orange County, San Francisco and Silicon Valley markets of California in 2014/15, and had acquired the fourth community in Seattle back in 2014 after already operating it for a couple of years. Featuring a combination of independent living, assisted living and memory care, the California properties were all stabilized... Read More »
HFF closes high value deal in Northeast

HFF closes high value deal in Northeast

by | Jul 12, 2016 8:13 pm | Acquisitions

Holliday Fenoglio Fowler, L.P. (HFF) closed one of the most expensive seniors housing transactions ever (on a per-unit basis), with its sale of two assisted living/memory care communities in the Northeast for $98.25 million, or almost $575,000 per unit. There were several factors that led to this near-record price. First was the location. One of the properties is located in suburban Philadelphia and the other is in New Jersey within the New York City MSA, both high barrier-to-entry, high-income markets. Second, they were recently built in 2013 by the owners, a joint venture between Formation Development Group (an affiliate of Formation Capital) and Shelbourne Healthcare Development Group... Read More »