• NHI and National HealthCare Corporation Ending Master Lease

    In a move to concentrate its portfolio on private pay seniors housing, National Health Investors divested a large skilled nursing portfolio for $560 million, before estimated transaction costs between $6 million and $8 million. The buyer was the current lessee, National HealthCare Corporation, whose legacy master lease was established in 1991 and... Read More »
  • Seniors Housing Communities Sell in Southwest Florida

    Berkadia has announced a couple of closings in southwest Florida. First, Brooks Minford headed to the Tampa, Florida area to sell a 138-unit assisted living/memory care community on behalf of a local developer that was looking to exit the seniors housing business. They had built Tessera of Brandon in 2017 to feature a mix of 98 assisted living... Read More »
  • Global Investment Firm Re-Enters the Senior Care Industry

    Global alternative investment firm Investcorp has re-entered the seniors housing sphere after its exit in 2008. The company has acquired three communities in Massachusetts, California, and New York, all within a short period.  The Massachusetts community is in Boston, and it offers both independent living and affordable seniors housing... Read More »
  • Investor Enters Seniors Housing Sector

    Stone Brook Assisted Living in the Dallas, Texas MSA, has traded hands from a single-community owner/operator to a regionally-based investor. The seller was looking to enter retirement, and the investor wanted to make their first investment in the seniors housing space. Both seller and buyer agreed to pause the process in Fall 2025 to allow the... Read More »
  • Public Company Divests in Arizona

    A publicly traded company focused on seniors housing recently divested a community in Mesa, Arizona. The asset features 68 assisted living and memory care units, and offered meaningful upside potential. Amy Sitzman, Kyle Hallion and Jake Rice of Blueprint handled the deal, which saw a competitive process with multiple offers from groups looking... Read More »
More SNFs Add In-House Dialysis

More SNFs Add In-House Dialysis

The new PDPM reimbursement system is making its impact known in the skilled nursing market beyond drastically reducing therapy minutes. It is also changing the way SNFs provide care to higher acuity and medically complex patients, now that CMS has recognized (and will pay for) the added care that goes with them. Well, six skilled nursing facilities in Indiana clearly have an eye towards maximizing that reimbursement, while providing a better care experience too, by partnering with Dialyze Direct to provide in-facility dialysis services. This is not the first such agreement made by Dialyze Direct with other SNFs, and we suspect it won’t be the last. This service seems like a no-brainer for... Read More »
More SNFs Add In-House Dialysis

Brookdale Expands Dialysis Services at Four Texas CCRCs

Brookdale Senior Living announced that the company would be partnering with Dialyze Direct to provide on-site dialysis at four of its CCRC campuses in Texas. Two of the locations began offering the service earlier this year, but one campus in Houston will open a Dialyze Direct suite with eight chairs this week, and the other property in Austin will start the service soon. This is just one of several expansions of on-site dialysis into senior care facilities that we have seen recently. Azria Health, which just bought a portfolio of 15 skilled nursing facilities in the Midwest from Senior Housing Properties Trust, also recently partnered with Concerto Renal Services to offer dialysis to its... Read More »