Enlivant, Brookdale Senior Living and Hawthorn Retirement

After the announcement of Sabra Health Care REIT’s 49% investment in the majority of Enlivant’s assisted living properties at a value of $195,000 per unit, the market chatter started anew. The common theme was that if Enlivant’s properties, which were designed and built in areas assuming a 20% to 40% Medicaid census, could sell for […]

Sabra Health Care REIT Buys Again

Fresh off the heels of its $3.0 billion merger with Care Capital Properties in August and its $430 million joint venture acquisition of most of Enlivant’s assisted living properties for an investment of $371 million, Sabra Health Care REIT announced a $430 million acquisition of 24 skilled nursing facilities with 2,216 beds, or a price […]

Sabra Health Care REIT Invests In Enlivant

Sabra Health Care REIT has entered into an agreement to invest in a 49% interest in a joint venture that will own 183 senior living properties operated by Enlivant with the remaining 51% held by TPG Real Estate, which currently owns 100%. They have valued the transaction at $1.62 billion, or $195,600 per unit, with […]

Enlivant Expands In Midwest

Enlivant expanded its presence in the Midwest with the acquisition of four senior living communities in Indiana (3) and Iowa (1). Ben Firestone and Michael Segal of Blueprint Healthcare Real Estate Advisors represented the publicly traded REIT in its strategic exit of the assets. A national operator (which we believe to be Senior Lifestyle Corporation) […]

Enlivant lives on!

Enlivant, the Chicago-based owner/operator of assisted living communities, recently purchased a memory care community and an AL/MC community, both located in Georgia. Enlivant is the successor company to the former Assisted Living Concepts, which has been in the news of late when its former CEO Laurie Bebo’s case against the SEC was recently rejected by […]