• 60 Seconds with Swett: Senior Care’s PR Problem

    by | Apr 29, 2026 8:15 am | 60 Seconds

    Recently, we have seen stories circulating about the connection between REIT ownership and the way skilled nursing facilities provide care, stemming from a study written by the nonprofit journalism outlet KFF Health News. We’ve seen this before, headlines like “real estate investors profit while patients suffer,” usually with graphic cases of... Read More »

  • Blueprint Sets Pricing Record in New York State

    by | Apr 28, 2026 4:45 pm | Acquisitions

    Blueprint advised a repeat private equity client in a record-setting sale of two standalone memory care communities in high barrier-to-entry submarkets in New York State. Combining for 104 units, these assets were purpose-built in the late 1990s and were stabilized at the time of the deal. Not only that, they were generating cash flow in excess... Read More »

  • CareTrust Keeps Its Foot on the Gas

    by | Apr 28, 2026 2:38 pm | Acquisitions, Financings

    CareTrust REIT has deployed nearly $1 billion in closed transactions so far this year, after closing around $1.8 billion in investment activity in 2025, and its pipeline includes $450 million of near-term, actionable opportunities, excluding larger portfolio transactions. The REIT announced that it closed a few separate transactions in mid-April,... Read More »

  • VIUM Capital Announces Slew of HUD Closings

    by | Apr 28, 2026 2:37 pm | Financings

    VIUM Capital closed four HUD 232/223(f) financings in March totaling more than $63 million across a mix of skilled nursing and seniors housing communities. Two of the financings involved skilled nursing facilities in Oklahoma totaling 176 beds. The assets were originally acquired as part of a larger portfolio and refinanced following a... Read More »

  • Lument Secures HUD Express Lane Transaction

    by | Apr 28, 2026 2:35 pm | Financings

    Lument closed a refinance through HUD’s Express Lane for a 120-unit seniors housing community in Lincoln, Nebraska. Built in 2017, Pemberly Place Senior Living features 132 licensed beds and offers independent living, assisted living and memory care services. It also has an on-site medical clinic to offer a range of other healthcare services. The... Read More »
REIT Buys Ebenezer-Managed Community in Minnesota

REIT Buys Ebenezer-Managed Community in Minnesota

by | Jan 2, 2020 6:23 pm | Acquisitions

Evans Senior Investments closed out its 2019 with a seniors housing closing in Minnesota. Situated next to a lake about 20 miles from Minneapolis and St. Paul, this community features 48 units of assisted living and memory care. Owned by Coventry Senior Living and operated by Ebenezer, it was built in 2011 with a host of amenities such as fireplace lounges, a spa room, beauty salon and secured balconies on each floor. Ebenezer, Minnesota’s largest senior living operator and the seniors housing division of Fairview Health Services, is leaving it in good shape. During the marketing period, occupancy stood at around 90%, with more than 80% of its census derived from private pay residents. In... Read More »
Cushman & Wakefield’s Deal Double

Cushman & Wakefield’s Deal Double

by | Mar 15, 2017 8:31 am | Acquisitions

Showing off its range of services, Cushman & Wakefield closed a couple of transactions for clients in both Minnesota and Arizona. First up, David Rothschild and Mary Christian sold a high-quality senior living community in Woodbury, Minnesota for $22 million, or $285,714 per unit. Welltower bought the community, which opened in June 2015 with 39 independent/assisted living units, 32 memory care units and six care suites. Oppidan Investment Co. developed the community and had brought in Ebenezer to manage it. However, the buyer will put in place new management, which we believe will be New Perspective Senior Living. Occupancy was heading above 80% at the time of sale. For more... Read More »

Minnetonka mania

by | Aug 30, 2016 8:38 pm | Developments

Three seniors housing developments are breaking ground this summer in the Minnetonka, Minnesota area. First, United Properties started construction on its 100-unit community, which will include 72 independent/assisted living units, 22 memory care units and six care units. Then, Oppidan Investment Company and Minnesota-based not-for-profit Ebenezer announced the expected September groundbreaking of their newest community, a 136,000-square foot, 105-unit community that will feature independent living, assisted living and memory care. Finally, The Waters plans to break ground in nearby Excelsior on its new 110-unit independent living community by the end of the year. We will see how these... Read More »