• West Coast and Northeast Skilled Nursing Facilities Sell

    Walker & Dunlop’s Gideon Orion has announced several recent skilled nursing sales on the West Coast and the Northeast. First, he teamed up with Tony Cassie to sell a 69-bed skilled nursing facility in Bellevue, Washington, on behalf of a family office seller. The facility could use some operational improvements. An undisclosed buyer paid... Read More »
  • Investor Acquires Community Out of Receivership  

    Fortress Investment Group acquired an assisted living/memory care community in Palm Coast, Florida, in a court-approved sale process. Built in 2018 just a mile from the Atlantic Ocean, the community features 130 units on an 11.4-acre site. There are 86 assisted living units and 22 memory care units, along with 22 “enhanced” assisted living... Read More »
  • Seniors Housing Deals Close Across Several Markets

    Coming off of a successful 2025 with 32 separate transaction closings totaling more than $900 million in volume, the Walker & Dunlop investment sales team is off to a strong start in 2026 with a number of seniors housing and healthcare real estate transactions closed in the first quarter, so far. The deals spanned several markets, and the... Read More »
  • Selectis Health Divests Two SNFs to Journey

    Selectis Health is selling two skilled nursing facilities in Georgia to the skilled nursing operator Journey. The deal included the 101-bed Glen Eagle Healthcare in Abbeville and the 100-bed Rehab and Eastman Healthcare and Rehab in Eastman. Journey-affiliated entities will purchase the pair for $15.7 million, or $78,100 per bed, subject to... Read More »
  • Sonida Closes CNL Acquisition, Reports Q4 Results

    On the same day as fourth quarter and year-end 2025 financial results were announced, Sonida Senior Living closed on its previously announced acquisition of CNL Healthcare Properties (CNL). The transaction value was approximately $1.8 billion and included a combination of cash (32%) and stock (68%). Because Sonida’s share price had risen above... 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 »