• CBRF Trades in Wisconsin

    A community-based residential facility in southern Wisconsin came under new ownership. The seller had acquired the facility a couple of years ago and brought it to stabilization. They also conducted renovations in 2025 on the physical plant, which was originally built in 2001. The ultimate buyer was a Midwest ownership group that was looking to... Read More »
  • Watch The SeniorCare Investor’s Q1 Investor Call

    The SeniorCare Investor convened a panel on April 23 to discuss key topics front and center for investors. Ben Swett, Managing Editor of The SeniorCare Investor, moderated the discussion. Blueprint sponsored the Q1 2026 Investor Call webinar, with Kyle Hallion, Senior Director at Blueprint, joining. Investment firm perspectives came from Natalie... Read More »
  • Not-for-Profit Joint Venture Acquires IL Community

    Blueprint closed the sale of Parkwood Retirement, a 147-unit independent living community in Bedford, Texas (Dallas-Fort Worth MSA). Sitting adjacent to the Texas Health HEB hospital campus, Parkwood has demonstrated consistent and strong operating performance, with occupancy hovering around 95% for several years. There was still some meaningful... Read More »
  • Senior Care Portfolio Secures HUD Financing

    A senior care portfolio secured $64.96 million in HUD financing for the refinance of three properties in Pennsylvania. Greystone provided the financing, with the deal originated by Christopher Clare and additional team members including David Young, Ben Rubin, Ryan C. Harkins, Parker Nielsen and Liam Gallagher assisting on the transaction. The... Read More »
  • National Health Investors’ CFO Retires

    National Health Investors’ John Spaid, Executive Vice President and CFO, will retire effective July 1, 2026. The company will appoint Todd Siefert as Executive Vice President Corporate Finance, effective June 1, 2026, and he will succeed Spaid as CFO. Also as part of the transition, Dana Hambly has been promoted to Senior Vice President of... Read More »
Rock-Solid Relationship Leads to Lancaster Pollard’s Latest Financing

Rock-Solid Relationship Leads to Lancaster Pollard’s Latest Financing

Three years after acquiring a 48-unit assisted living community in Shawnee, Kansas, Granite Investment Group is refinancing it. Ross Holland of Lancaster Pollard led the way on the transaction (not LP’s first with Granite), securing a $6.9 million Fannie Mae loan with a seven-year term and a variable interest rate. Granite had bought the community in February 2015 from a local partnership that had originally developed the community in 2000. It was 90% occupied and operated at a 25% margin on approximately $2.4 million of revenues at the time of the transaction. It sold for $7.2 million, or $150,000 per unit, with an all-in cap rate of 8.4%. HUD bridge financing provided by GE Capital,... Read More »
Lancaster Pollard Closes HUD LEAN Loans

Lancaster Pollard Closes HUD LEAN Loans

The transactions keep on coming from Lancaster Pollard. After being revealed last month as the top HUD LEAN lender once again (with 79 transactions and nearly $770 million in volume during HUD’s fiscal year 2017), the firm has closed another two transactions on behalf of California-based borrowers. First, for Summit Healthcare REIT, Jason Dopoulos of LP refinanced four senior care facilities for a total loan amount of $55.1 million. The portfolio features a 181-bed skilled nursing facility in Millsboro, Delaware, a 151-bed SNF in Smyrna, DE, a 69-unit independent living community in Salem, Oregon, and a 66-unit IL/assisted living/skilled nursing facility in Portland, OR. The latter two... Read More »

Summer Sales at Senior Living Investment Brokerage

Senior Living Investment Brokerage ended July with two closings. First, a family owner that had operated a pair of Texas skilled nursing facilities for decades recently decided to sell to an independent owner/operator based in the Waco area for $9.35 million, or about $38,000 per bed. Built in 1978 and 1964, respectively, the 131-bed facility in Pasadena was 88% occupied while the 115-bed facility in Mineola was 78% occupied. Combined, the pair brought in approximately $460,000 in EBITDA on $11.95 million of revenues, so the buyer will look to improve that 4% operating margin. Matthew Alley of Senior Living Investment Brokerage handled the transaction. Mr. Punzel also closed the sale (with... Read More »