• Newmark Facilitates Morgan Stanley/MorningStar Deal

    by | Dec 6, 2025 12:28 pm | Acquisitions

    Morgan Stanley Investment Management made a splash in announcing the acquisition of three Class-A seniors housing communities in the Denver, Colorado MSA. The communities comprised 463 units and were previously owned by Kayne Anderson Real Estate. They were managed by MorningStar Senior Living, which is based in Denver and staying on as operator... Read More »

  • Town Lane Announces First Deal with Arcole Platform

    by | Dec 6, 2025 12:26 pm | Acquisitions

    Town Lane, a real estate investment management firm, and Atlas Senior Living, a Birmingham-based seniors housing operator, acquired The Overlook at Suwanee, a 175-unit independent living, assisted living and memory care community in Suwanee, Georgia. The community was formerly Heartis Suwanee, which was built in 2018 by Caddis. Tremper Capital... Read More »

  • Evans Senior Investments Handles Two-SNF Trade

    by | Dec 6, 2025 12:25 pm | Acquisitions

    Two skilled nursing facilities in northeast Pennsylvania found a new owner, after its independent owner/operator decided to fully exit the business. Evans Senior Investments was the exclusive sell-side advisor on the deal, which featured the 133-bed/unit Ellen Memorial Health Care Center in Honesdale and the 115-bed Carbondale Nursing & Rehab... Read More »

  • Alabama AL/MC Asset Sells

    by | Dec 6, 2025 12:23 pm | Acquisitions

    Daniel Geraghty and Brad Clousing of Senior Living Investment Brokerage handled the sale of an assisted living/memory care community in Anniston, Alabama. The property underwent a full interior renovation in 2025 and was being sold by a Southeast-based owner that was exiting the industry. A publicly traded REIT, leveraging one of its existing... Read More »

  • SVN Senior Living Advisors Sells Two Texas SNFs

    by | Dec 6, 2025 12:22 pm | Acquisitions

    A regional owner/operator was looking to grow its portfolio in Texas and acquired two skilled nursing facilities totaling 188 beds in the state. SVN Senior Living Advisors (SVN SLA) represented the private seller, which had been referred to SVN SLA by one of its institutional lender clients. Managing Director Josh Salzman led an efficient and... Read More »
CareTrust REIT Continues Growth Strategy with Covenant Care

CareTrust REIT Continues Growth Strategy with Covenant Care

by | Feb 15, 2019 7:03 am | Acquisitions

While many REITs have been net sellers in the last couple of years, especially in the skilled nursing market, CareTrust REIT has been quite the opposite, growing its portfolio to nearly 200 healthcare properties by the start of 2019. In its latest deal, the REIT announced a large sale/leaseback acquisition in the state of California. Involving four skilled nursing facilities and 503 beds, this portfolio has been owned and operated by Covenant Care. CareTrust already had a relationship with Covenant, having previously acquired two other skilled nursing and assisted living assets from a private landlord in 2016 and leased them back to the California-based operator under three separate... Read More »