• SLIB’s Red-Hot Start to May

    by | May 5, 2026 3:12 pm | Acquisitions

    Senior Living Investment Brokerage shot out of the gates in May, announcing six separate closings within just a couple of days. The closings included a couple of portfolios, two seniors housing asset sales and two skilled nursing deals. SLIB is on track for another record-breaking year. The largest deal was an eight-property seniors housing... Read More »

  • Independent Living Asset Near Breakeven Changes Hands

    by | May 5, 2026 2:56 pm | Acquisitions

    Blueprint handled the sale of a 60-unit independent living community located just outside of Cleveland, Ohio. At the time of sale, the property was operating around breakeven and offered the opportunity for upside. The option to transition the community to an assisted living waiver model was presented, but the incoming regional owner/operator... Read More »

  • National Health Investors Leans Further Into SHOP Growth

    by | May 5, 2026 2:54 pm | Acquisitions

    National Health Investors is continuing to lean into its SHOP segment, having invested $742.5 million into the strategy throughout the first quarter, a 106% increase from the prior year period. Year-to-date, the REIT has announced $212.4 million of investments, and is continuing to evaluate additional opportunities, focusing on private pay... Read More »

  • Senior Care Portfolio Secures Refinancing

    by | May 5, 2026 2:53 pm | Financings

    T7 Capital, a boutique seniors housing and healthcare advisory firm founded by industry veterans Ari Adlerstein and Josh Simpson, recently arranged a large bank refinancing for a portfolio of seniors housing and skilled nursing assets in Massachusetts. Working on behalf of a New York-based family office, T7 secured a $57.979 million loan from... Read More »

  • Regional Bank Provides Financing for MC Community

    by | May 5, 2026 2:51 pm | Financings

    Jeremy Warren of Montgomery Intermediary Group arranged a refinancing for a client’s 48-unit memory care community in Merrillville, Indiana. Originally built in 2016, the community was stabilized and had an approaching debt maturity. The owner sought to retire both the existing bank debt and an outstanding seller note from the initial... Read More »
Griffin-American Healthcare REITs III and IV to Merge

Griffin-American Healthcare REITs III and IV to Merge

by | Jun 25, 2021 10:31 am | Acquisitions

Griffin-American Healthcare REIT III, Inc. (GAHR III) and Griffin-American Healthcare REIT IV, Inc. (GAHR IV) have entered into a definitive merger agreement so that GAHR IV will acquire GAHR III in a tax-free, stock-for-stock transaction. The newly merged company will be renamed American Healthcare REIT, with approximately $4.2 billion in combined healthcare real estate assets.  Immediately prior to the acquisition, GAHR III will also acquire the business and operations of American Healthcare Investors, LLC (“AHI”), the co-sponsor of both REITs, and the external advisors of GAHR III and GAHR IV. Combining these entities and the capabilities in acquisitions, asset management,... Read More »
Cadence Living Expands in the Southeast

Cadence Living Expands in the Southeast

by | Dec 10, 2019 3:21 pm | Acquisitions

Cadence Living is certainly in growth mode. Earlier this year, the Scottsdale, Arizona-based operator announced a major expansion into its own state with the acquisition of land in the Phoenix suburb of Chandler to build a 191-unit, $46 million senior living development to join its three other brand-new or nearly-open communities in the area. Then, late last month, the operator announced that it teamed up with Sabra Health Care REIT to acquire an assisted living/memory care community in Poway, California (San Diego MSA). Now, Cadence Living was just selected as manager of seven assisted living/memory care communities and 402 total units across North Carolina, marking its entry in the... Read More »

Griffin-American starts small

by | Feb 17, 2016 8:30 am | Acquisitions

After a busy year during which it made over $1.55 billion in healthcare acquisitions, Griffin-American Healthcare REIT-III recently made a relatively small deal in central Pennsylvania, acquiring a 120-unit independent/assisted living community in Palmyra for an undisclosed price. Built in 2007, this community was owned by AMC Delancey Group, Inc. and Heritage Senior Living, which will continue to operate under Griffin-American. Occupancy stood at 93% at the time of the sale. Joshua Jandris, Mark Myers, Charles Hilding and Andrew Hilding of Marcus & Millichap handled the transaction. Read More »

Pay up in Richmond

by | Oct 7, 2015 8:32 am | Acquisitions

So far this year, there have been six announced seniors housing transactions valued higher than $300,000 per unit, compared with 16 in 2014. And of the top six deals this year, Griffin-American Healthcare REIT-III was the acquirer in two. First was the company’s acquisition of two senior living communities in Nebraska for $66 million, or $300,000 per unit, announced back in June. But more recently (and at a higher cost), Griffin-American purchased a 186-unit senior living community in Richmond, Virginia, for $64 million, or $344,000 per unit. Built 16 years ago, the community provides 108 units of IL, 60 AL units and 18 memory care apartments, and boasts a greater-than-96% occupancy. The... Read More »

Griffin-American III acquires Trilogy Health Services

by | Sep 16, 2015 8:32 am | Acquisitions

Nearly doubling its size in one fell swoop, Griffin-American Healthcare REIT III is acquiring Trilogy Health Services for approximately $1.125 billion (including the assumption of $205.1 million of debt) pursuant to a joint venture with NorthStar Healthcare Income. Griffin-American will own approximately two-thirds of the joint venture (bringing total real estate and related investments to approximately $2 billion) and will act as its manager, while NorthStar will own the other third. Also as part of the transaction, Trilogy’s founder and CEO, Randy Bufford, and other members of the company’s management will own a $24 million, or 3.6%, stake in Trilogy. Mr. Bufford will remain in place to... Read More »