• PruittHealth Acquires Again in the Southeast

    by | Jun 16, 2025 9:15 am | Acquisitions

    PruittHealth recently announced that it acquired a community in Winston-Salem, North Carolina. Built in 1997, Forest Heights Senior Living (now known as PruittPlace – Winston Salem) features 99 units with 104 beds of AL, MC and respite care services. Residents can choose between AL services in private studios or one-bedroom suites, and MC... Read More »

  • Tremper Capital Group Takes Out Two Construction Loans

    by | Jun 16, 2025 9:13 am | Financings

    The closings from Tremper Capital Group kept on coming, with a couple more refinances of construction loans on seniors housing properties. The first was closed for a 124-unit assisted living/memory care community on the Florida panhandle. Built in 2021, the community experienced a strong lease-up, with occupancy exceeding 90%. This community is... Read More »

  • New Tenant Secured for New Hampshire Nursing Home

    by | Jun 16, 2025 9:12 am | Acquisitions

    Evans Senior Investments was engaged by an institutional owner to facilitate the lease of a large nursing home in New Hampshire. At the time of marketing, the facility was performing well. However, a large-scale renovation was just completed, which took 40 beds offline, offering the opportunity for a strong regional operator to significantly... Read More »

  • Willow Valley Communities’ New President and CEO

    by | Jun 16, 2025 9:10 am | Uncategorized

    Willow Valley Communities appointed Lisa Hawthorne (formerly known professionally as Lisa Legeer) as its new President and Chief Executive Officer. Following a comprehensive national search, Hawthorne was selected for her leadership, industry experience, and vision for the future of senior living. Hawthorne brings more than 28 years of expertise... Read More »

  • Diversified Closes Revolving Credit Facility

    by | Jun 16, 2025 9:09 am | Financings

    Diversified Healthcare Trust announced the closing of a new $150 million secured revolving credit facility. The facility is secured by 14 seniors housing communities with 2,632 living units managed by Five Star Senior Living, the operating division of AlerisLife Inc. DHC has already paid its 2025 notes in full with refinancing and asset sale... Read More »
Blue Moon teams with LCS

Blue Moon teams with LCS

by | Jan 27, 2016 8:31 am | Developments, Financings

After announcing two large development projects funded by Hawkeye Partners’s Scout Fund II last year, Boston-based Blue Moon Capital Partners will go to the well once more to build another large senior living community, this time in Katy, Texas. The project, which will cost $51.23 million, or $247,500 per unit, features 207 units of independent living, assisted living and memory care, and will be the first with joint venture partner LCS. Previously, Blue Moon teamed up with Gerald H. Phipps, Inc. and Ascent Living Communities to build a $56 million, 156-unit senior living community in Lakewood, Colorado, and with The Damone Group and Cedarbrook Senior Living to develop a 180-unit senior... Read More »

New Fund hits development market

by | Sep 16, 2015 8:31 am | Developments, Financings

Blue Moon Capital Partners, a seniors housing private equity investor founded by industry vets Kathryn Sweeney and Susan Barlow, just announced the first project for its $175 million fund, Blue Moon Senior Housing I LP (BMSH). In December 2014, Blue Moon secured a $175 million capital investment from Scout Fund II through Hawkeye Partners, LP. Kicking off development will be a 180-unit seniors housing project in Northville, Michigan being developed with The Damone Group, which has developed over 120 projects in the last 40 years. With 96 IL units, 44 AL units and 40 MC units, the community will be built by the developer’s construction arm, Damone Construction, and operated by its... Read More »