• Community First Solutions Acquires Again in Ohio

    by | Jul 3, 2025 12:08 pm | Acquisitions

    Ziegler was engaged by Marquee Capital, the real estate company affiliated with Marcus Investments, LLC, the Marcus’ family office, in the sale of its seniors housing community in Mason, Ohio. Built in 2020, BrightStar Senior Living of Mason sits on 3.2 acres with 41 assisted living and memory care units. The community was well occupied at 90%,... Read More »

  • Joint Venture Acquires Nashville Active Adult Community

    by | Jul 3, 2025 11:33 am | Acquisitions

    An active adult community in Germantown, Tennessee, found a new owner thanks to the team at Newmark. Built in 2020, Avenida Watermarq is a 161-unit, Class-A active adult community in an affluent suburb of Nashville. There are one- and two-bedroom options averaging 919 square feet per unit. Occupancy was 87%. Inspired Real Estate Partners and GEM... Read More »

  • Institutional Owner Divests Ohio Facility

    by | Jul 3, 2025 11:33 am | Acquisitions

    Evans Senior Investments arranged the sale of a skilled nursing facility in Ohio on behalf of an institutional owner looking to exit the market. The facility comprises 88 beds and 20 independent living units, which served as a referral source for the nursing home. The buyer was a regional owner/operator that is actively expanding in Ohio. This is... Read More »

  • Strawberry Fields Completes Missouri SNF Portfolio Acquisition

    by | Jul 3, 2025 11:32 am | Acquisitions

    Strawberry Fields REIT, Inc. announced that it completed the acquisition of nine skilled nursing facilities comprising 686 beds in Missouri for $59 million, or $86,000 per bed. The REIT completed the acquisition using cash on hand and the issuance of approximately $2.0 million in OP Units of Strawberry Fields REIT LP to the seller. Eight of the... Read More »

  • Macquarie Asset Management Launches Health Wave Partners

    by | Jul 3, 2025 11:31 am | Financings

    Macquarie Asset Management, which has over 35 years of experience in the real estate sector and a current network of 15 specialist operator investments globally, announced the launch of Health Wave Partners, a seniors housing platform aimed at targeting investments in modern seniors housing assets alongside established operators. The platform... Read More »
Giannini Closes Savage Senior Living Deal

Giannini Closes Savage Senior Living Deal

by | Oct 10, 2017 9:00 pm | Acquisitions

Ray Giannini of Marcus & Millichap’s Milwaukee, Wisconsin office, along with Associate John Klement, worked on behalf of a local developer to sell a 94-unit senior living community in Savage, Minnesota (Minneapolis MSA). Why sell a community that since opening in 2015 has seen occupancy soar up to 94% and operating margin stabilize at just over 35% on about $4.2 million of revenues? The seller, which has previously developed a number of seniors housing co-ops in the area, hopes to take the proceeds of this successful transaction to further grow its business in the Minneapolis market. Much of the credit for the quick lease-up can be chalked up to Ebenezer Management Services, which... Read More »

Minnesota Building Boom

by | Oct 18, 2016 7:08 pm | Developments

Construction of seniors housing communities seems to be speeding up in Minnesota, with a slew of groundbreakings announced in the last month. Two developments in the Minneapolis/St. Paul MSA will be managed by Ebenezer Management Services upon completion. The first, a 105-unit community with 80 independent/assisted living and 25 memory care units, is being developed by Oppidan Investment Company. The second is an 84-unit community (with 60 IL/AL and 24 MC units) which is being built at a cost of $16 million, or $190,500 per unit. That is about $27,000 less than the state average for seniors housing ($217,200 per unit), according to our database, which includes developments since late 2013.... Read More »