• Healthpeak Properties Provides Janus Living Updates

    by | Mar 6, 2026 8:19 am | Acquisitions

    Healthpeak Properties’ recently formed seniors housing REIT, Janus Living, which will manage Healthpeak’s 34-community seniors housing portfolio, has filed a registration statement on Form S-11 with the SEC relating to a proposed initial public offering of its shares of Class A-1 common stock, which the company intends to list on the NYSE under... Read More »

  • SLIB Handles Senior Care Campus Deal in Missouri

    by | Mar 6, 2026 8:17 am | Acquisitions

    A Maryland-based owner/operator looked to expand its Missouri senior care portfolio with the purchase of Kingdom Care Senior Living in the town of Fulton. Built in 1980, the campus includes four independent living units, 26 assisted living units and 36 skilled nursing beds. It currently holds a five-star rating at the SNF and is the only... Read More »

  • Fully-Occupied Assisted Living Community Sells

    by | Mar 6, 2026 8:15 am | Acquisitions

    Joe Shallow of The Prestige Group was engaged by a family owner/operator in their divestment of a seniors housing community in Plymouth, Pennsylvania. Purpose-built in 1985 and well-maintained throughout the years, Metro Wilkes Barre features 20 assisted living units with 40 beds. The community has historically boasted a strong census, and at the... Read More »

  • REIT Acquires Underoccupied Seniors Housing Portfolio

    by | Mar 6, 2026 8:15 am | Acquisitions

    After acquiring a seniors housing portfolio through a joint venture in 2019, MedCore Partners and Trinity Private Equity Group have decided it was time to divest. Amy Sitzman, Giancarlo Riso and Jake Rice of Blueprint brought the portfolio out to market, and at that time, it was generating $4.5 million in EBITDAR on around $21 million in annual... Read More »

  • Philadelphia AL/MC Community Trades Hands

    by | Mar 6, 2026 8:14 am | Acquisitions

    Brett Gardner, Joshua Jandris and Jason Skalko of Cushman & Wakefield represented an undisclosed seller in its sale of The Terrace at Chestnut Hill, a 62,600-square-foot, 108-unit assisted living and memory care community in northwest Philadelphia, Pennsylvania. The buyer, MVJ Ventures LLC, was represented by Jason Stroiman and Brendan... Read More »
One Memory Care Community’s Evolution In Rye, New Hampshire

One Memory Care Community’s Evolution In Rye, New Hampshire

by | Aug 18, 2017 12:44 pm | Acquisitions

A 40-unit (56-bed) memory care community on the coast of New Hampshire that recently went through a Chapter 11 bankruptcy restructuring just sold to Port Development, a private investor group, for $11 million, or $275,000 per unit. Sanctuary Care had developed the Rye community in 2013 for approximately $13 million, or $325,000 per unit. But, operations, care quality and staffing had significantly fallen off, with occupancy currently standing at 48% based on beds and cash flow around breakeven. EvoLve Senior Living, founded by Ben Pearce and Ed LaFrance, will operate the community, which will be renamed EvoLve at Rye. National Health Investors provided a $10 million first mortgage with an... Read More »