• ESI Closes Two SNF Deals

    by | Nov 13, 2025 4:10 pm | Acquisitions

    Evans Senior Investments handled a sale on behalf of an institutional owner/operator in California. The 64-bed skilled nursing facility is in California. The ultimate buyer was also based in California and entered into a new long-term lease agreement with Sun Mar Healthcare, a regional operator with a portfolio of skilled nursing and post-acute... Read More »

  • 30+ SNFs Sell to Large Owner/Operator

    by | Nov 13, 2025 4:09 pm | Acquisitions

    A portfolio of more than 30 skilled nursing facilities totaling nearly 6,000 beds has sold, allowing the regional skilled nursing owner/operator to exit the industry. Few details were disclosed, and the deal appears to have been done very quietly, but the portfolio spanned between five and 10 states in the Southeast and featured approximately 35... Read More »

  • Scribner Capital and William James Group Team Up Again

    by | Nov 13, 2025 3:45 pm | Acquisitions

    Scribner Capital and William James Group acquired two assisted living and memory care communities in Georgia. The Haven at Fayetteville, a 62-unit assisted living and memory care community that was rebranded from The Oaks, was built in 1999 and was at about 90% occupancy at closing. Located in Athens, The Haven at Cedar Shoals (formerly The Oaks)... Read More »

  • Joint Venture Acquires Cash-Flowing Communities

    by | Nov 13, 2025 3:44 pm | Acquisitions

    A trio of well-run seniors housing communities in the Southeast sold to a partnership that included a national owner and a regional operator. Brad Clousing and Dan Geraghty of Senior Living Investment Brokerage represented another regional owner/operator in the sale. The deal includes two adjacent seniors housing communities in Cumming, Georgia,... Read More »

  • Owner/Operator Enters New State

    by | Nov 13, 2025 3:43 pm | Acquisitions

    Vince Viverito and Taylor Graham of Senior Living Investment Brokerage handled the sale of a distressed skilled nursing facility in rural Colorado. Built as a therapy building in 1912 and converted to a skilled nursing facility in 1964, Lamar Estates features 60 beds on 1.34 acres with 19,394 square feet in the town of Lamar. The non-performing... Read More »
Fannie Mae Origination in Oregon

Fannie Mae Origination in Oregon

by | Jun 2, 2017 7:00 am | Financings

Almost five years after taking over the operations of a 92-unit senior living community in the town of The Dalles in northern Oregon, family-owned The Springs Living has become its sole owner, thanks to a $17.5 million Fannie Mae refinance arranged by Capital One’s Dague Retzlaff and Mark Bultman. Harrison Street Real Estate Capital bought the community as part of a four-property, 419-unit portfolio in November 2012 for a total of $65 million, or $155,130 per unit, and brought in The Springs to operate. At the time, the portfolio was 89% occupied and operated at a 26% margin on $15.65 million of revenues. We believe Harrison Street has since added value to the property, as it typically... Read More »

Welltower’s half-billion-dollar buy

by | Feb 19, 2016 8:31 am | Acquisitions

After owning what is known as the Aston Gardens portfolio in Florida for just two and a half years, Kayne Anderson Real Estate Advisors has sold the six-property portfolio with 1,930 units to a joint venture between Welltower and Canada Pension Plan Investment Board (CPPIB) for $555 million. They will own a 97.5% interest, so grossed up to 100% equates to a per-unit value of $295,000. The manager, Discovery Senior Living, will retain a 2.5% interest, down from 10% with the previous owner. Kayne Anderson bought the portfolio in late 2013 for an estimated $400 million from GE Healthcare Finance. During GE’s ownership, occupancy had dropped from 95% to below 85%, which caused them to remove... Read More »