• Las Vegas SNF Commands Premium

    by | Dec 4, 2025 1:29 pm | Acquisitions

    We had heard of a high-end skilled nursing facility being marketed for sale in Las Vegas, Nevada, at a very high price for a few months now, and it appears that the sale has closed. Evans Senior Investments announced that it sold Sandstone Spring Valley, a 160-bed skilled nursing facility that was built just 10 years ago. It features an 80-unit... Read More »

  • Genesis Stalking Horse Raises Bid

    by | Dec 4, 2025 1:28 pm | Acquisitions

    The stalking horse bidder for Genesis HealthCare’s 298 affiliated holding companies, ancillary businesses and insurance vehicles has upped its offer, and the deal is set for an approval hearing on December 10. Genesis, which previously held the title of largest skilled nursing operator in the country, filed for Chapter 11 bankruptcy protection in... Read More »

  • SLIB Closes Strong SNF Sale in Colorado

    by | Dec 4, 2025 1:27 pm | Acquisitions

    Two well-run skilled nursing facilities in Colorado sold with the help of Vince Viverito, Jason Punzel, Ryan Saul and Jeff Binder of Senior Living Investment Brokerage. Located in Fort Collins and Windsor, the facilities were built in 1988 and 2018 and featured 445 beds in total. The facilities also comprised 18 total acres and nearly 270,000... Read More »

  • Ensign Buys Kansas City SNF

    by | Dec 4, 2025 1:24 pm | Acquisitions

    The Ensign Group acquired a 45-bed skilled nursing facility in Kansas City, Kansas, that was in need of an operational turnaround. Built in 1974 with additions in 1983 and 1995, Medicalodges Post Acute Care is set on nearly 11 acres in a residential area. It was previously owned by a Kansas-based owner/operator that was divesting in order to... Read More »

  • Communities Pass Between Family Owner/Operators

    by | Dec 4, 2025 1:22 pm | Acquisitions

    A multigenerational family owner/operator recently divested its well-occupied portfolio to a new family owner/operator in Beaverton, Oregon. The all-private pay communities consisted of a 183-unit full-continuum community opened in 2002 and a 58-unit assisted living community opened in 1996. Blueprint handled the sale and financing.  The... Read More »
Avalon Senior Living Grows

Avalon Senior Living Grows

by | Mar 22, 2019 7:02 am | Acquisitions

Avalon Senior Living has partnered again with Eastridge Pacific Holdings, LLC (EPH), this time buying three senior living communities in California from HCP, Inc. that had been leased to Brookdale Senior Living. The 205 units (210 beds) offer independent living, assisted living and memory care services. The purchase price was $15.7 million, or $76,585 per unit, and came with an approximate cap rate of 8.0%. Mike Garbers, formerly of Greystone and now with JLL, represented the seller, and MidCap Financial provided the mortgage financing. Eastridge Pacific entered the senior living industry in 2016 as an equity partner in Kalakaua Gardens, a 17-story community in Honolulu with 216 beds. It... Read More »