• Brookdale Finally Names a COO

    by | Nov 20, 2025 3:40 pm | Uncategorized

    A decade without a Chief Operating Officer? Maybe that is why Brookdale Senior Living has been suffering. But, they are finally filling the position. Mary Sue Patchett is taking on the role, effective December 1st. With Brookdale’s new regional operating model, which she helped redesign and implement, she will have six regional vice presidents,... Read More »

  • EVA Care Group Refinances California Portfolio

    by | Nov 20, 2025 3:38 pm | Financings

    Helios Healthcare Advisors went to a private credit fund to secure a refinance for a senior care portfolio in California. Totaling 165 beds, there is a skilled nursing facility in San Bernardino and an assisted living community in Fillmore. The communities are owned by EVA Care Group, a Los Angeles-based national healthcare organization. ... Read More »

  • SLIB Sells a Class-A Mississippi Asset

    by | Nov 20, 2025 3:37 pm | Acquisitions

    Senior Living Investment Brokerage facilitated the sale of a seniors housing community in the Gulfport/Biloxi area of Mississippi. Featuring 18 independent living, 60 assisted living and 62 memory care units, the community was built in phases between 2019 and 2025. It is located in the town of Ocean Springs with no major competitors in the local... Read More »

  • Marx Development Group Finalizes West Virginia Acquisition

    by | Nov 20, 2025 3:36 pm | Acquisitions

    Lument Securities has closed the sale of four West Virginia-owned skilled nursing facilities to Marx Development Group (MDG). MDG subsidiary Majestic Care is taking over operations at the facilities in a smooth transition. The deal closed on October 31. Managing Director and Head of Mergers & Acquisitions Laca Wong-Hammond orchestrated the... Read More »

  • Florida Portfolio Receives Financing

    by | Nov 20, 2025 3:35 pm | Financings

    Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, provided a $120 million bridge loan to finance five skilled nursing facilities in Florida comprising 795 beds. The debt was used to refinance the 120-bed Parklands Care Center & Rehab in Gainesville, and the 120-bed Riverwood Healthcare & Rehab Center in Starke. It also funded... Read More »
60 Seconds with Ben Swett: Competition For Deals in an Active M&A Market

60 Seconds with Ben Swett: Competition For Deals in an Active M&A Market

by | Jun 29, 2021 4:32 pm | 60 Seconds

We’re not sure we have ever seen a month like this when it seemed that institutional buyers were racing to see who could announce the biggest deal. First was Welltower’s acquisition of 22 Pathway to Living communities, then came Harrison Street’s $1.2 billion purchase of 24 Oakmont communities, then Atria Senior Living acquired Holiday Retirement and Welltower jumped back in again, acquiring Holiday’s owned portfolio of 86 properties. Next, we had the Griffin American REITs 3 and 4 merging, and finally, at least of this filming, Ventas will pay $2.3 billion to purchase New Senior Investment Group. It has been a dizzying display of strength from these institutional buyers, and we are... Read More »
60 Seconds with Ben Swett: M&A Hits a High in 2021

60 Seconds with Ben Swett: M&A Hits a High in 2021

by | Jun 22, 2021 10:22 pm | 60 Seconds, Opinion

When it rains, it pours in senior care M&A. First, we noticed a significant uptick in deal activity this month, with over 30 transactions announced since June 1st. Not December’s level of activity, but we’ll take it. Then, Harrison Street announced the largest purchase in the industry in two years, spending $1.2 billion on 24 Oakmont communities. But yesterday, when we were still digesting the sale of former SNF giant Kindred Healthcare to LifePoint, Welltower made the biggest splash of all, buying Holiday Retirement’s owned portfolio of 86 independent living properties for $1.58 billion. Not only that, but Atria Senior Living will acquire the operating business of Holiday for an... Read More »
60 Seconds with Ben Swett: Competition For Deals in an Active M&A Market

Harrison Street Announces the Largest Seniors Housing Deal Since 2019

by | Jun 10, 2021 5:06 pm | Acquisitions

In the June issue of The SeniorCare Investor, we wondered when private equity would get off the M&A sidelines in a major way, with so much dry powder available to them. On cue, Harrison Street Real Estate Capital announced the largest seniors housing and care deal in two years, spending approximately $1.2 billion on a portfolio of 24 assisted living/memory care communities in California and Nevada. The portfolio totals 2,195 units, resulting in a per-unit price of $546,700 per unit.  Oakmont Management Group operated the whole portfolio, Healthpeak Properties owned half of the properties and California-based real estate developer Gallaher... Read More »
Healthpeak Properties Nears Seniors Housing Exit

Healthpeak Properties Nears Seniors Housing Exit

by | May 5, 2021 10:08 am | Acquisitions

Healthpeak Properties has nearly completed its exit from the rental seniors housing business, selling another $1 billion of assets in the first quarter of 2021, according to its latest earnings release. This comes after approximately $2.5 billion of seniors housing dispositions in the fourth quarter of 2020, so they are clearly antsy to get out.   The latest tranche of divestments included 12 properties in PEAK’s SHOP portfolio operated by Oakmont Senior Living and totaling 1,043 units. At $564 million, or $540,750 per unit, it represents the largest deal of the quarter. And considering Healthpeak’s haste to get out, commanding that sort of per-unit... Read More »
Meridian Makes It Happen Down South

Meridian Makes It Happen Down South

by | Mar 29, 2021 10:01 am | Financings

Meridan Capital Group’s seniors housing and healthcare team secured a recapitalization refinance for an eight-property seniors housing portfolio in the Southeast. Located in South Carolina, Tennessee and Kentucky, the communities comprise 296 independent living units, 172 assisted living units and 79 memory care units for a total of 547 units. The names of the properties and total amount of the financing were not disclosed.   Dominion Senior Living developed and operated them but will stay on as operator for the new owner, Harrison Street. Meridian’s Ari Adlerstein, Ari Dobkin, Josh Simpson, Matt Lesnik and David Gottlieb negotiated the... Read More »