• LTC Properties Divests More SNFs

    by | Oct 23, 2025 12:47 pm | Acquisitions

    LTC Properties has completed its effort to divest seven skilled nursing facilities after one of its top 10 operating partners decided it was not renewing its master lease for these facilities, instead choosing to downsize and exit some states. In early October, the REIT announced that it sold two of the skilled nursing facilities in Florida for... Read More »

  • PE Firm Divests to Cedarhurst Senior Living

    by | Oct 23, 2025 12:47 pm | Acquisitions

    Cedarhurst Senior Living announced that it acquired The Enclave of East Louisville, now known as Cedarhurst of East Louisville. The Class-A Kentucky community delivered strong occupancy and stable margins, and there is potential to increase the property’s NOI in the short term. Built in 2012, it features 56 assisted living and 24 memory care... Read More »

  • Northeast Owner/Operator Expands in Pennsylvania

    by | Oct 23, 2025 12:46 pm | Acquisitions

    A personal care home in Pennsylvania was sold with the help of Jeff Binder, Bradley Clousing, Dan Geraghty, Dave Balow and Lucas Doll of Senior Living Investment Brokerage. It was built in 1998 and sits within the Pittsburgh metropolitan area. The seller was a national owner/operator that deemed the property to no longer fit in its long-term... Read More »

  • Benchmark Senior Living Adds to Its Garden State Portfolio

    by | Oct 23, 2025 12:45 pm | Acquisitions

    In its joint venture with the vertically integrated real estate investment firm National Development, Benchmark Senior Living continues to grow through single-asset deals, adding another New Jersey property to its portfolio. Benchmark acquired Arbor Terrace Roseland, a 85-unit assisted living/memory care community in Roseland, New Jersey, about... Read More »

  • MidCap Financial and CBRE Originate Refinance

    by | Oct 23, 2025 12:44 pm | Financings

    MidCap Financial closed a $17.5 million first mortgage loan. The floating rate loan refinanced the existing indebtedness on a stabilized Class-A seniors housing community in the Boise, Idaho, market. The property in Meridian is owned by experienced real estate company Gold Stream Retirement Communities, and it is managed by Grace Management,... Read More »
Griffin American Gains St. Louis-Area Senior Living Communities

Griffin American Gains St. Louis-Area Senior Living Communities

by | May 31, 2017 7:02 am | Acquisitions

Griffin-American Healthcare REIT IV, Inc., is moving into the St. Louis MSA on a large scale, but on the other side of the Mississippi River. Featuring 221 units and five independent/assisted living properties in Columbia, Millstadt, Red Bud and Waterloo, Illinois, the portfolio is 100% private pay and will be operated by an affiliate of Compass Senior Living under a 15-year absolute net lease with two 10-year renewal options. Annual rent escalators are 5.5% after the first year and 2.5% thereafter. Compass now owns/operates 19 seniors housing communities in Arizona, California, Illinois, New Mexico, Oregon and Wisconsin. Griffin-American, which is co-sponsored by American Healthcare... Read More »
The Market of Lafayette

The Market of Lafayette

by | Dec 9, 2016 8:31 am | Acquisitions

In the heart of Cajun country, Cushman & Wakefield’s Robert Black and Sean McNee facilitated the sale of two seniors housing communities on behalf of the local owner and operator. Both located less than a mile apart in Lafayette, Louisiana, the all-private pay properties included a 70-unit independent/assisted living community that was built in 1997 and a just-opened 37-unit memory care community. The buyer, Griffin-American Healthcare REIT IV will bring on Colonial Oaks Senior Living to operate the communities under a 15-year absolute net lease with two 10-year renewal options and annual rent escalators of 6.3% after year one and 2.5% thereafter. Griffin-American financed the... Read More »