• NHI Acquires Nine Communities

    by | Feb 3, 2026 3:47 pm | Acquisitions

    National Health Investors made a large SHOP purchase, adding nine communities consisting of 460 total units across Kentucky, South Carolina and Tennessee. The properties will be managed by Allegro Living Management, an affiliate of Spring Arbor Management. NHI has an existing relationship with Spring Arbor totaling approximately $227 million in... Read More »

  • Ensign Increases Its Footprint in Three States

    by | Feb 3, 2026 3:44 pm | Acquisitions

    The Ensign Group and its captive real estate company, Standard Bearer Healthcare REIT, are already off to a strong start this year, announcing a slew of acquisitions that were effective February 1. In one of the transactions, Ensign purchased Agave Grove Post Acute’s operations, subject to a long-term, triple-net lease with a third-party... Read More »

  • Colorado-Based Owner/Operator Expands

    by | Feb 3, 2026 3:42 pm | Acquisitions

    Vince Viverito, Jason Punzel, Jake Anderson and Taylor Graham of Senior Living Investment Brokerage sold a seniors housing community in Arvada, Colorado, representing a single-asset owner/operator who was looking to retire. The Oberon House was built in 1970 and renovated in 1997. It features 60 units of independent living and assisted living and... Read More »

  • Not-for-Profit Acquires Underperforming CCRC

    by | Feb 3, 2026 3:42 pm | Acquisitions

    A not-for-profit seller that built, owned and operated Arbutus Park Retirement Community recently divested the asset to another not-for-profit with the help of Toby Siefert of Senior Living Investment Brokerage. The established senior care provider/buyer, which is based in Pittsburgh, Pennsylvania, intends to continue to invest in the community.... Read More »

  • Capital Funding Group’s 2025 Financing Volume

    by | Feb 3, 2026 3:41 pm | Acquisitions, Financings

    Capital Funding Group executed more than $3.1 billion in financings in 2025, representing a 121% increase in financing volume compared to $1.4 billion closed in 2024. The annual total comprises 175 deals, including 54 healthcare and multifamily bridge loans and other lending products, 28 HUD loans, 25 accounts receivable lines of credit and 68... Read More »
Elmcroft Senior Living Portfolio Completes Transition

Elmcroft Senior Living Portfolio Completes Transition

by | Jan 24, 2018 7:02 am | 60 Seconds, Opinion

Ventas has officially transitioned management of its Elmcroft portfolio to newly-formed Eclipse Senior Living. It is now official. The operations of the Elmcroft Senior Living portfolio of 76 properties, with the real estate owned by Ventas, has officially been transferred to Kai Hsiao’s new company, Eclipse Senior Living. Ventas has acquitted a 34% interest in Eclipse, with the remaining 64% being held by Eclipse management, which now includes Shamim Wu, Kai’s former colleague at Holiday Retirement Corporation. She recently did a 10-month stint as president and COO of Silverado. This will be an interesting test, since the Elmcroft portfolio was obviously having some financial problems... Read More »
Legacy Tenant Capital Structures Create REIT Turmoil

Legacy Tenant Capital Structures Create REIT Turmoil

by | Nov 10, 2017 7:02 am | Opinion

It all started when HCP, Inc. completed a series of rent negotiations with HCR ManorCare, but to no avail. It just wasn’t enough for a long-term solution, and they ended up spinning the HCRMC portfolio into a new entity (Quality Care Properties) that was supposed to be a REIT but may end up not being one depending on the final solution. Even after those lowered rents, HCRMC defaulted on some payments to QCP, and it got messier after that. As everyone now knows, that was the tip of the iceberg. Practically every major REIT has reported “issues” with tenants, ranging from covenants broken, inability to make rent payments, and high likelihood of not being able to make rent payments in the... Read More »
Elmcroft Senior Living Portfolio Completes Transition

REITs Having Trouble With Seniors Housing

by | Nov 1, 2017 7:02 am | 60 Seconds, Opinion

We have heard more about REITs and their skilled nursing troubles, but LTC Properties’ announcement a month ago has been followed by a much larger seniors housing problem at Ventas. At first, everyone thought it was the skilled nursing sector that was going to give the healthcare REITs heartburn. After all, that was the sector struggling the most, right? But seniors housing has not been as resilient as previously thought. Brookdale Senior Living has had its well-documented problems, and last month LTC Properties disclosed issues it was having with underperforming memory care tenants. Then we had last week’s disclosure by Ventas that it was moving more than 70 communities leased to... Read More »

Two Louisville-area assisted living communities sold

by | Jul 13, 2016 8:30 am | Acquisitions

Allen McMurtry, Megan Fetter and David Kliewer of Cushman & Wakefield’s Tampa office represented Senior Care US Holdings, Inc., in the sale of its two assisted living/memory care communities near Louisville, Kentucky. Both communities have been operated by Elmcroft Senior Living since opening in 2012, with one featuring 56 assisted living units, 24 memory care units and a 99% occupancy, and another consisting of 31 assisted living units and 34 memory care units at 85% occupancy. Capital Health Group LLC was the buyer on behalf of a joint venture between Hunt Realty Investments and the Teacher Retirement System of Texas. Read More »