• CBRE’s Active 2025 and Q1:26 Projections

    by | Jan 27, 2026 2:05 pm | Acquisitions, Financings

    CBRE’s National Senior Housing team announced its 2025 activity, with $3.1 billion in total transaction volume. Debt originations and equity placements comprised $1.95 billion of that total, and were completed across 25 states. Meanwhile, the investment sales side closed $1.15 billion in deals, selling 27 properties across 14 states. The... Read More »

  • Underperforming AL/MC Assets Sell in Michigan

    by | Jan 27, 2026 2:02 pm | Acquisitions

    A buyer with operational expertise and capital resources acquired two seniors housing communities that were not stabilized at the time of sale. The new owner intends to stabilize performance, implement targeted management improvements and reposition the assets. Current rates are priced below local competitors, offering upside through rate... Read More »

  • Global Real Estate Investor Enters Seniors Housing

    by | Jan 27, 2026 2:01 pm | Acquisitions

    Blueprint revisited a familiar property, selling it on behalf of a joint venture that originally purchased it through another Blueprint-led sales process. The partnership was between a global private equity firm and a seniors housing sponsor, and at the time of its acquisition, the community was struggling. But they renovated all units and common... Read More »

  • LTC Properties Gets Early Start on 2026 SHOP Acquisitions

    by | Jan 27, 2026 1:59 pm | Acquisitions

    LTC Properties started the year off with a large SHOP acquisition in Atlanta, Georgia. The portfolio comprises three seniors housing communities with nearly 400 independent living, assisted living and memory care units. The assets were built between 2014 and 2018, and were stabilized at the time of sale at 92% occupancy. LTC Properties will... Read More »

  • 1019 Senior Living Enters Another State

    by | Jan 27, 2026 1:58 pm | Acquisitions

    1019 Senior Living entered a new state through its fifth seniors housing acquisition. The Indiana-based owner/operator purchased Arden Courts at Kenwood, rebranded as Belle’s Place of Kenwood, which was previously operated by Evergreen Senior Living. Built in 2002 with a new roof added in 2016, the asset sits in Cincinnati, Ohio, in the Kenwood... Read More »
American House Sells IL Community in Michigan

American House Sells IL Community in Michigan

by | Apr 19, 2019 10:06 am | Acquisitions

Mike Garbers and Cody Tremper of Greystone Real Estate Advisors worked on behalf of American House Senior Living Communities to sell their independent living community in Southfield, Michigan to a local owner. Featuring 202 units, the community was built in 1987 on a 10.4-acre campus. It was well-occupied at 95%, so the new owner should be hitting the ground running. It also helps that the new owner has several other IL communities in the area. Read More »
REIT Sheds Two Rhode Island Communities

REIT Sheds Two Rhode Island Communities

by | Jan 11, 2019 7:01 am | Acquisitions

Mike Garbers and Cody Tremper of Greystone Real Estate Advisors represented a publicly-traded REIT in the sale of two of its assisted living communities in Rhode Island. Built between 1989 and 1999, both locations were formerly operated by Brookdale Senior Living. They feature not only assisted living and memory care units but also a significant number of skilled nursing beds, all combining for 272 units. Taking over operations will be Meridian Senior Living, which is acquiring the properties in partnership with GMF Capital, a New York-based private equity firm. Read More »
Greystone’s Second Portfolio Transaction Of The Month

Greystone’s Second Portfolio Transaction Of The Month

by | Jul 31, 2018 3:57 pm | Acquisitions

Mike Garbers and Cody Tremper of Greystone Real Estate Advisors followed up on their two-property sale in upstate New York (which sold to a private equity firm for $17 million, or $184,800 per unit) by also arranging the sale of four senior living communities in Nebraska and Oregon on behalf of a publicly-traded REIT owner. Built between 1986 and 2003, the communities feature 315 total units of independent living and assisted living. Hong Kong-based Chevalier International Holdings Ltd. acquired the properties and leased them to the Avamere Family of Companies to operate. Read More »
Greystone Soars in Upstate New York Sale

Greystone Soars in Upstate New York Sale

by | Jul 25, 2018 9:44 am | Acquisitions

A publicly traded REIT divested two of its seniors housing assets in upstate New York, hiring Mike Garbers and Cody Tremper of Greystone Real Estate Advisors to facilitate the transaction. Located in the towns of Clifton Park (Albany MSA) and Orchard Park (Buffalo MSA), the communities each feature 46 memory care units on roughly five acres. The twin properties were also both built in 1998. Operated by Peregrine Senior Living (which will stay on as operator after the acquisition), they reported strong occupancy, combining for about 94%. A private equity firm paid $17 million, $184,800 per unit, for the pair. Read More »
Greystone Deals in North Dallas

Greystone Deals in North Dallas

by | Jun 26, 2018 2:47 pm | Acquisitions

Mike Garbers and Cody Tremper of Greystone Real Estate Advisors represented a publicly traded REIT in its disposition of a 256-unit independent living community in North Dallas, Texas. The property is well located near several medical centers and boasted high occupancy as well. No purchase price was disclosed, but 12 Oaks Senior Living will take over the operations on behalf of the Dallas-based real estate company buyer. Read More »