• 60 Seconds with Steve Monroe: Record M&A Year, Again

    by | Nov 12, 2025 8:47 am | 60 Seconds, Acquisitions, Statistics

    You may start to get tired of hearing us talk about all the records being set, but we will never tire of it. As of November 11, we have passed last year’s record of total acquisitions in the seniors housing and care sector, now standing at over 720 deals, according to LevinPro LTC. And we thought last year was an amazing year! The good news is... Read More »

  • Regional Owner/Operator Acquires in North Carolina

    by | Nov 12, 2025 8:44 am | Acquisitions

    A skilled nursing facility with 130 beds recently sold in North Carolina. It was 53% occupied and not stabilized at the time of sale. According to LevinPro LTC, the purchase price was one of the highest per-bed prices we have seen in the state, at $21 million, or $161,500 per bed. The seller, a North Carolina-based owner/developer that had owned... Read More »

  • Tennessee Community Trades in Receivership Sale

    by | Nov 12, 2025 8:43 am | Acquisitions

    Blueprint recently announced a few closings involving a prominent lender and special services seller. The first was in Raleigh, North Carolina, and was handled by Kyle Hallion, Kory Buzin and Steve Thomes. Buzin and Thomes facilitated the second deal, selling Knollwood Point in Mobile, Alabama. The pair also sold The Pointe at Kirby Gate in... Read More »

  • Northeast-Based Owner/Operator Expands in Georgia

    by | Nov 12, 2025 8:23 am | Acquisitions

    Daniel Geraghty, Bradley Clousing and Nick Cacciabando of Senior Living Investment Brokerage were engaged in the sale of a skilled nursing facility with 100 beds in College Park, Georgia. At the time of sale, the facility was operating at a loss. The seller was a national owner of long-term care and seniors housing assets across the country, and... Read More »

  • Provident Bank Funds Portfolio Refinance and Recapitalization

    by | Nov 12, 2025 8:11 am | Financings

    Tom Cassidy of Provident Bank’s Healthcare Lending team provided funding to a regional owner/operator in the Southeast. The new client, a family business, secured a $29.84 million portfolio refinance and recapitalization of four stabilized seniors housing communities in Florida. The well-performing portfolio totals more than 250 units across a... 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 »