• Ventas Acquires in Florida to Expand Partnership with SRI

    by | May 29, 2025 3:55 pm | Acquisitions

    Ventas acquired an assisted living/memory care community in Jacksonville, Florida, in partnership with SRI Management as the operating company. The deal is an expansion of the relationship between the REIT and the Tallahassee-based operator. Brad Clousing, Dan Geraghty and Jeff Binder of Senior Living Investment Brokerage handled the transaction... Read More »

  • IRA Capital Buys San Diego Community

    by | May 29, 2025 3:33 pm | Acquisitions

    Ziegler served as exclusive financial advisor in the successful sale of St. Paul’s Plaza, a 155-unit seniors housing community located in Chula Vista, California. The seller was St. Paul’s Senior Services, a not-for-profit organization that was looking to expand in PACE (Program of All-Inclusive Care for the Elderly) as well as provide more... Read More »

  • Strawberry Fields Acquiring 9 SNFs

    by | May 29, 2025 3:31 pm | Acquisitions

    Strawberry Fields REIT entered into a purchase and sale agreement with an unaffiliated seller to acquire nine skilled nursing facilities. The facilities comprise 686 beds and will be purchased for $59 million (including certain consulting fees), $86,000 per bed, payable at closing. The company intends to utilize its current working capital and... Read More »

  • Institutional Group Acquires in Wisconsin and Assumes HUD Debt

    by | May 29, 2025 3:30 pm | Acquisitions

    Evans Senior Investments facilitated the sale of two skilled nursing facilities in Milwaukee, Wisconsin. The seller was a local group of individual owners with long-standing ties to the facilities. Seeking an exit from the skilled nursing sector, they engaged ESI to identify a qualified operator capable of assuming the HUD-insured mortgages and... Read More »

  • SLIB Handles Missouri Sale to Willow Ridge

    by | May 29, 2025 3:29 pm | Acquisitions

    Willow Ridge Senior Living acquired another seniors housing community, adding Garden Plaza to its growing portfolio. Built in 2011, the community features 102 assisted living/memory care units and 12 independent living patio homes in Florissant, Missouri. It will be rebranded as Fields of Florissant. Willow Ridge made the acquisition in... Read More »

Seniors Housing Weekly Update – Another Holiday Sale For Fortress

by | Jun 24, 2015 8:31 am | 60 Seconds, Opinion

June 23, 2015. 60 Seconds with Steve Monroe. New Senior Investment Group pays $640 million for 28 Holiday Retirement Communities… It has been eight years since Fortress Investment Group closed on its acquisition of Holiday Retirement Corporation for $6.6 billion, or $188,500 per unit. It saw occupancy drop from around 90% to well below 80% in less than three years. There was high turnover among the staff. There were some debt extensions to give it more time. Did we mention the Great Recession hit a year after closing the deal? A lot can happen in eight years, including continued low interest rates which help keep valuations up. This week, they announced another portfolio sale, this... Read More »