• WOW! Sonida Senior Living Goes BIG

    by | Nov 5, 2025 8:16 am | Acquisitions

    Sonida Senior Living just announced what can only be described as a transformational acquisition. Since new management came in, CEO Brandon Ribar and CFO Kevin Detz, Sonida has been on an upward path of improved operations and a balance sheet that has grown stronger. Occupancy has been increasing (87.7% in Q3) and NOI and EBITDA are rising. Spot... Read More »

  • 60 Seconds with Swett: October Smashes M&A Record

    by | Nov 4, 2025 4:20 pm | 60 Seconds, Acquisitions

    We were predicting a record-breaking end to the year in terms of M&A activity, but we are not sure we expected a 100+ deal month, with 110 transactions and counting. Just to put that in perspective, the previous record for any month was 77 deals in October of last year, and only four months had previously broken the 70-deal barrier. So this... Read More »

  • Newmark Ends October with Portfolio Closings

    by | Nov 4, 2025 3:50 pm | Acquisitions

    Newmark announced a flurry of transactions at the end of October involving various institutional firms. The largest was a portfolio of seniors housing communities in the Northeast known as “Stars and Stripes.” Word on the street is that the portfolio sold for north of $800 million, and that a sub-portfolio was valued at more than $1 million per... Read More »

  • Stacked Stone Acquires Missouri Portfolio

    by | Nov 4, 2025 3:48 pm | Acquisitions

    Stacked Stone Ventures announced the purchase of a seven-community assisted living/memory care portfolio in Missouri for $71 million, or $212,600 per unit. Totaling 334 units and 405 beds, the Oak Pointe portfolio was developed between 2015 and 2020 by an investor group called ClearPath Senior Housing, which included Jeff Binder of Senior Living... Read More »

  • Blueprint Sells Georgia Community to LTC Properties

    by | Nov 4, 2025 3:47 pm | Acquisitions

    LTC Properties divested seven skilled nursing facilities through two separate deals for $122 million in October. In those transaction announcements, the publicly traded REIT noted that it intended to redeploy proceeds for the acquisition of newer, stabilized SHOP assets. It looks like that’s what the publicly traded REIT did in Georgia at the... Read More »
New Skilled Nursing Construction in Florida

New Skilled Nursing Construction in Florida

by | Aug 1, 2018 7:00 am | Developments

Most of the attention in the Florida development market has gone to assisted living and memory care. Rightfully so. But a brand-new skilled nursing facility is going up in Lakeland, Florida, courtesy of Greystone Healthcare Management and Lake Gibson Village. The 120-bed facility will be located within the existing Lake Gibson Village independent living/assisted living community and will feature a mix of private and semi-private rooms, along with programs that range from orthopedic and cardiac to stroke rehabilitation. Lake Gibson Village is also undergoing a 64-bed memory care expansion on the 45-acre site in addition to massively expanding its independent living services. At a cost of... Read More »
Altercare Grows With Greystone

Altercare Grows With Greystone

by | Jan 30, 2018 1:27 pm | Acquisitions

Ohio-based Altercare Integrated Health Services is significantly expanding operations in its home state, taking over management of eight skilled nursing facilities and 541 total licensed beds. Owned by Greystone Healthcare Management (who also previously operated them), these facilities are located in the towns of Adena, Cambridge, Coshocton, Newark, Somerset, Thornville and Zanesville. The deal expands Altercare’s coverage in Ohio to 27 facilities, in addition to its one location in Michigan. Six of the facilities are expected to sell on February 1, with the remaining two to close in the next several months. Read More »