• Michigan Assisted Living Community Changes Hands

    by | May 29, 2026 2:16 pm | Acquisitions

    Harborside Senior Living, a 20-unit/30-bed assisted living community in Luna Pier, Michigan, near the Ohio border and the Toledo MSA, sold to Lamont Jones, a healthcare entrepreneur who is building a seniors housing brand in Michigan. Built in 2023 by a pair of investors, Harborside Senior Living will now operate under the leadership of Luna... Read More »

  • Assisted Living/Memory Care Portfolio Secures Bond Financing

    by | May 29, 2026 2:14 pm | Acquisitions, Financings

    D.A. Davidson closed $120.04 million in Senior Living Revenue bonds, Series 2026A-1, Series 2026A-2 and subordinated bonds forKingsPath Target Housing of Minnesota, LLC. The bonds financed the acquisition and refinancing of seven assisted living/memory care communities with 224 units in the Minneapolis-St. Paul, Minnesota, MSA. The acquired... Read More »

  • Another Record Year on the Horizon

    by | May 29, 2026 2:13 pm | Acquisitions, Opinion, Statistics

    The bar keeps rising, and the industry continues to clear it, with a third consecutive annual record for publicly announced senior care M&A activity appearing well within reach. Through the first five months of the year, the industry has averaged 81 publicly announced deals per month. Annualized, that pace would result in just under 1,000... Read More »

  • Northstar Senior Living and Alta Senior Living Merge

    by | May 28, 2026 3:32 pm | Acquisitions

    In the mad dash for growth in the seniors housing sector, a lack of new development and an abundance of buyers crowding certain corners of the M&A market has led some owner/operators to seek acquisitions or mergers of whole management companies. It can certainly be a viable alternative that allows one to grow without a massive capital... Read More »

  • In-Place Operator Acquires Senior Care Campus

    by | May 28, 2026 3:28 pm | Acquisitions

    CBRE National Senior Housing’s Debt and Structured Finance team arranged acquisition financing for a senior care campus on behalf of Wingate Living and its affiliates. Wingate Living is a Newton, Massachusetts-based senior living developer/owner/operator with a focus on New England. Aron Will and Michael Cregan arranged the financing, securing a... Read More »
Cascade Capital Group Acquires 16 Former Skyline SNFs

Cascade Capital Group Acquires 16 Former Skyline SNFs

by | Jul 3, 2019 7:01 am | Acquisitions

The future is looking brighter for 16 South Dakota skilled nursing facilities formerly owned by Golden Living and operated by Skyline Healthcare, as Cascade Capital Group acquired the portfolio. The facilities had been operated by a receiver since last Spring, after Skyline infamously ran nearly empty on basic food and medical supplies for them. Houlihan Lokey Capital represented Golden Living in the transaction, which included more than 1,000 beds across the state from Rapid City to Sioux Falls. To fund the deal, Cascade secured financing through its long-standing lending partner, CIBC Bank USA. Cascade’s operating partner, Legacy Healthcare, will take over the operations; no easy task.... Read More »
The Sky Is Falling, At Least At Skyline

The Sky Is Falling, At Least At Skyline

by | Mar 30, 2018 7:02 am | Opinion

Over the past couple of years, we have been watching as a company called Skyline Healthcare seemed to come out of nowhere to becoming a national operator of skilled nursing facilities with perhaps 120 or more facilities under management. This has occurred in a very short period of time, and many of their properties came from Golden Living, as that company, after some run-ins with various state regulatory agencies, switched from being an operator to a landlord. To do that, you need a lot of providers to step in and lease your buildings, or maybe a few to take over operations for a lot of them. It looks like Skyline became a go-to provider for them. Two states, however, have taken over... Read More »