• Selectis Health Divests SNFs to Journey

    by | May 14, 2026 3:26 pm | Acquisitions

    In January, Selectis Health, Inc. completed the sale of two skilled nursing facilities in Georgia, including 71-bed Providence of Sparta Health & Rehab and 110-bed Warrenton Health & Rehabilitation. The assets sit less than 30 miles apart in Sparta and Warrenton, respectively. The buildings were initially constructed in the 1960s but were... Read More »

  • PE Group Divests to Regional Owner/Operator

    by | May 14, 2026 3:26 pm | Acquisitions

    An East Coast-based private equity group divested two seniors housing communities in Mississippi to a regional owner/operator pursuing expansion across the state. The communities total 108 assisted living and memory care units and offer operational synergies, given their close proximity in Oxford and Southaven. The communities were purpose-built... Read More »

  • T7 Capital Closes Array of Financings

    by | May 14, 2026 3:25 pm | Financings

    Founded in 2025 by Ari Adlerstein and Josh Simpson, T7 Capital announced more than $320 million in recent financings closed across multiple transactions on behalf of healthcare operators and sponsors across the country. They included a combination of refinancings, acquisition loans and working capital facilities for both skilled nursing and... Read More »

  • Two Western Closings from The Zett Group

    by | May 14, 2026 3:23 pm | Acquisitions

    The Zett Group closed a couple of seniors housing sales in the western United States. One deal was in the Reno, Nevada MSA, and featured a 65-unit assisted living/memory care community owned by a regional operator. The community boasted high occupancy and strong revenue, but there was room for improvement on the expense side. A local... Read More »

  • Dwight Capital Announces Q1 Activity

    by | May 14, 2026 3:22 pm | Acquisitions, Financings

    Dwight Capital, its affiliate REIT, Dwight Mortgage Trust (DMT), and Dwight Healthcare Funding (DHF) reported an active first quarter, closing a combined $294 million in senior care financings across a mix of HUD, bridge, and revolving line of credit (RLOC) financings, spanning 11 states. Among the featured HUD transactions was $46.9 million in... Read More »
CBRE Sells A Second First Centrum Independent Living Community

CBRE Sells A Second First Centrum Independent Living Community

by | Oct 11, 2017 7:02 am | Acquisitions

CBRE sold another First Centrum independent living community in Virginia, a couple of years after selling the developer’s 118-unit Glen Allen (Richmond MSA) community for $25.88 million, or $219,280 per unit. The latest deal featured a 120-unit community in Williamsburg. Built in 2010 by First Centrum, it features a range of unit options, from 660- to 940-square foot one bedroom units to 880- to 1,267-SF two-bedroom suites. Current asking rents start at around $2,200 for the one-bedrooms and go up to about $2,900 for two bedrooms. Operations were strong, with a near-50% margin, and it was well-occupied, at 94%, which was certainly helped by the property’s location near historic Colonial... Read More »

Wolff eyes seniors housing

by | Nov 24, 2015 7:11 pm | Developments, Financings

Another major multifamily developer is getting into the seniors housing industry. In the past year, we have seen a number of either private equity groups or real estate developers, all with experience in the multifamily market but not so much in seniors housing, dip their toes (some more like cannonballed) into seniors housing development, including Drever Capital Management, Alliance Residential and Validus Group. Now, Scottsdale, Arizona-based The Wolff Company announced its plans to develop six independent/assisted living communities with 858 units throughout the Western United States. To build up its seniors housing team, in March 2014 Wolff brought on Mike Milhaupt, who has over 20... Read More »