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60 Seconds with Swett: M&A Activity Tops 350 Deals in H1:25
by Ben Swett | Jul 1, 2025 3:47 pm | 60 Seconds
In the second quarter of 2025, there were 176 publicly announced transactions, a preliminary number that is almost certain to increase in the weeks ahead. That brings our total for the first half of the year to 355 deals, or 710 on an annualized basis. Considering we finished 2024 with 716 total deals, which was a record by far, we are in a good... Read More » -
Bloom Exits South Carolina’s Seniors Housing Market
by Steph Mallozzi | Jul 1, 2025 3:46 pm | Acquisitions, Financings
Kandu Capital, LLC, and its operating company, Bloom Senior Living, collectively known as Bloom, sold its final seniors housing community in South Carolina. The company is seeking realignment as it exits the state after a decade-long presence in the region. The 129-unit independent living and memory care community, which is in Bluffton, sold for... Read More » -
Improving Ohio SNF Sees Strong Price
by Ben Swett | Jul 1, 2025 3:44 pm | Acquisitions
Ryan Saul of Senior Living Investment Brokerage secured a strong price for a skilled nursing facility in Cincinnati, Ohio. Built in 1965, the facility was originally licensed for 199 beds, but the decision was made to strategically reduce the beds to 167 to save on provider tax and improve the Medicaid rate. The facility struggled for many... Read More » -
Stacked Stone Ventures Makes Major SNF Acquisition
by Ben Swett | Jul 1, 2025 3:43 pm | Acquisitions
Stacked Stone Ventures, a real estate investment firm founded by Kent Eikanas, has made a major acquisition in the skilled nursing sector, acquiring nine skilled nursing facilities for approximately $33 million, or $66,000 per bed, at a 13% cap rate. Stacked Stone bought the portfolio in a joint venture with Praxis Capital from a large... Read More » -
Tremper Capital Group Announces Two Refinances
by Ben Swett | Jul 1, 2025 3:42 pm | Financings
Tremper Capital Group announced a couple of refinances at the end of the second quarter for seniors housing clients. The first was arranged on behalf of Kisco Senior Living for its 333-unit entrance-fee CCRC in Palm Beach Gardens, Florida. Built in 2004, the campus was acquired by Kisco as part of a larger CCRC deal in 2013, and since then it... Read More »