• Berkadia Announces 2025 Activity and Latest Deal

    Berkadia recorded another successful year, with more than $2 billion in mortgage banking closings for the second consecutive year. In 2025, Berkadia’s financings were spread across 123 properties including active adult, independent living, assisted living, memory care and skilled nursing communities. Multiple lending sources were utilized, such... Read More »
  • Bank Closes Refinance and Acquisition Financing

    Coastal States Bank announced that it recently closed $9 million in financing to refinance a 60-unit purpose-built memory care community near Centerville, Ohio, and to acquire a 53-unit memory care community in Creve Coeur, Missouri. Following the closing, the sponsor’s affiliated management company, Kauhale Healthcare Management, began managing... Read More »
  • SLIB Sells Ohio Assisted Living Portfolio

    Jeff Binder and Ryan Saul of Senior Living Investment Brokerage sold a portfolio of three seniors housing communities in Ohio. Built between 1987 and 2009, the three buildings consist of 314 total units. They were in receivership. Working on behalf of the out-of-state owner, which has other seniors housing communities throughout Ohio, SLIB... Read More »
  • AHR’s New Interim CEO

    American Healthcare REIT, Inc.’s Chief Executive Officer and President, Danny Prosky, has taken a medical leave of absence, effective February 3, 2026, due to a recent medical event. So, the Company’s Board of Directors appointed Jeffrey T. Hanson, the Chairman of the company’s Board, to serve as Interim CEO and President, effective... Read More »
  • NHI Acquires Nine Communities

    National Health Investors made a large SHOP purchase, adding nine communities consisting of 460 total units across Kentucky, South Carolina and Tennessee. The properties will be managed by Allegro Living Management, an affiliate of Spring Arbor Management. NHI has an existing relationship with Spring Arbor totaling approximately $227 million in... Read More »
Inland Real Estate Group Buys in Minnesota

Inland Real Estate Group Buys in Minnesota

Cushman & Wakefield represented a joint venture of The Waters Senior Living, Harrison Street Real Estate Capital and North Rock Real Estate in arranging the sale of The Waters on Mayowood, a 175-unit independent living, assisted living and memory care community in Rochester, Minnesota. The property was sold earlier in February for a total of $67.3 million, or just under $385,000 per unit.   Inland Real Estate Group, one of the nation’s largest real estate and finance groups, is acquiring Mayowood and will retain The Waters to manage the community. The property was originally constructed in 2015 and has performed well since opening, averaging over 96% occupancy since January 2018.... Read More »
Cushman & Wakefield Arranges Recap in Arizona

Cushman & Wakefield Arranges Recap in Arizona

Cushman & Wakefield has arranged the recapitalization of Acoya Mesa, a seniors housing community in the Mesa suburb of Phoenix, Arizona. Developed in 2019 by Ryan Companies and Cadence Living, ACOYA Mesa is a 170-unit independent living, assisted living, and memory care community. Despite divesting the community, Ryan and Cadence Living will continue operating it.  The property, which was sold by EverWest Real Estate Investors, was acquired by a global real estate investment manager for $46.25 million, or $272,100 per unit. Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Dan Baker and Jack Griffin represented the seller and procured the buyer. The team also... Read More »
Cushman & Wakefield Advises Recap of Connecticut Community

Cushman & Wakefield Advises Recap of Connecticut Community

Cushman & Wakefield has arranged the recapitalization of two independent living, assisted living and memory care communities in the Hartford, Connecticut MSA. The 225-unit portfolio will be acquired by a joint venture between White Oak Healthcare REIT and Everbrook Senior Living. The communities apparently appeal to a more middle-market customer. Rick Swartz, Jay Wagner, Sam Dylag and Chris Remeika of Cushman & Wakefield represented Everbrook Senior Living in the transaction. No further details on the sale were disclosed.  Read More »
Cushman & Wakefield Sells Two Massachusetts Communities

Cushman & Wakefield Sells Two Massachusetts Communities

Cushman & Wakefield’s Senior Housing Capital Markets team arranged the sale of Wingate Residences at Boylston Place, a 48-unit assisted living community, and Wingate at Chestnut Hill, a 135-bed skilled nursing facility on a campus in Chestnut Hill, Massachusetts.  C&W represented the institutional seller, a pension fund investor who is exiting the senior living space. They selected a joint venture between Harrison Street and LCB Senior Living, LLC as the buyer. LCB plans to upgrade the existing assisted living building and convert the existing skilled nursing portion to additional assisted living space, memory care and common areas.  This is the fifth closing in a series of... Read More »