• Joint Venture Acquires Four AL/MC Communities

    by | May 8, 2026 3:25 pm | Acquisitions

    Following an active year of M&A with five separate deals totaling 21 properties, Stacked Stone Ventures has kicked off its 2026 growth with a portfolio acquisition in the Southeast. In a joint venture with Praxis Capital and an undisclosed family office, Stacked Stone, which was founded by Kent Eikanas, bought four assisted living/memory care... Read More »

  • Another Publicly Traded REIT Joins the M&A Mix

    by | May 8, 2026 2:59 pm | Acquisitions

    Another well-capitalized institutional player is stepping into the seniors housing fray, adding fuel to an already aggressive bidding environment. And based on its initial acquisitions, with one closed at more than $1 million per unit, the target seems to be high-quality assets. Prices are rising fast in that segment, and as the buyer pool... Read More »

  • Distressed AL/MC Community Gets New Owner

    by | May 8, 2026 2:56 pm | Acquisitions

    Scott Frazier, Kory Buzin and Steve Thomes of Blueprint advised a special servicer in the seniors housing sector on the sale of Spanish Vines, a well-maintained assisted living/memory care community. It sits in a densely populated Pocket-Greenhaven neighborhood of southwest Sacramento, California. The 88-unit community was generating negative... Read More »

  • Underperforming Community Sells and Secures Financing

    by | May 8, 2026 2:52 pm | Acquisitions, Financings

    A buyer recently acquired an underperforming seniors housing community in Charleston, South Carolina, and Blueprint Capital Markets secured the debt financing. Blueprint also represented the undisclosed seller in its divestment. The asset comprises 84 units of assisted living and memory care. There is room for occupancy growth and expense cuts,... Read More »

  • Standalone MC Communities Secure Acquisition Financing

    by | May 8, 2026 2:50 pm | Acquisitions, Financings

    Berkadia recently announced three financings on behalf of three different sponsors. In one of the closings, Steve Muth and Ed Williams arranged $25.8 million in acquisition financing for Peregrine Senior Living at Clifton Park and Peregrine Senior Living at Orchard Park. The bridge financing was provided through Berkadia’s Proprietary Lending... 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 »