• Newmark Facilitates Morgan Stanley/MorningStar Deal

    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

    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

    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

    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

    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 »
Ziegler Issues Bonds For Large CCRC Acquisition

Ziegler Issues Bonds For Large CCRC Acquisition

A large CCRC portfolio sold to The Trousdale Foundation, a Boston-based not-for-profit owner/operator, thanks in part to a $200.57 million bond financing arranged by Ziegler. Totaling nearly 1,600 beds and units, the portfolio features three CCRCs in Dayton, Ohio, Nashville, Tennessee, and Sebring, Florida, and one skilled nursing/assisted living facility in Cincinnati, Ohio. They were originally acquired from 2001 to 2011 by the seller, Covington Senior Living. In those transactions, the CCRCs sold for between $35,000 and $40,000 per bed/unit, while the fourth facility was originally purchased for close to $100,000 per bed/unit. The communities are on the older side (built in the 1970s... Read More »