• A Flurry of Deals Cross the Finish Line

    by | May 8, 2026 8:11 am | Acquisitions

    As part of Senior Living Investment Brokerage’s nine separate closings at the start of May, there were a couple of skilled nursing sales. First, Nick Cacciabando and Matthew Alley represented a local group of investors in the sale of a 60-bed skilled nursing facility in Ottumwa, Iowa. The investor group operated the facility themselves, and it... Read More »

  • Investor Group Buys Naples Community

    by | May 8, 2026 8:06 am | Acquisitions

    A group of investors picked up a value-add seniors housing community in Naples, Florida. Built in 1999, North Haven Senior Living features 132 units of assisted living and memory care. It appears that Brookdale Senior Living previously operated the community, which showed very well and did not require much in terms of capex. We understand that... Read More »

  • Brookdale’s Uneven Recovery

    by | May 7, 2026 4:03 pm | Acquisitions

    Brookdale Senior Living has been going through some major changes in the last year, so naturally its recovery could be a little uneven, with the hope of more long-term growth and stability. They have a new CEO, COO and a new operational structure, in addition to exiting more than 100 communities in the last year. But the mixed bag of results can... Read More »

  • Two Public REITs Continue Their SHOP Push

    by | May 7, 2026 3:54 pm | Acquisitions

    Two public REITs honing in on the seniors housing sphere have announced their first quarter earnings results. LTC Properties reiterated its commitment to seniors housing again, and Janus Living, Healthpeak Properties’ spin-off REIT that debuted in the public markets in March, is already showing momentum. First, after completing seniors housing... Read More »

  • Tennessee Assisted Living Community Sells

    by | May 7, 2026 3:52 pm | Acquisitions

    Andrew Montgomery of Montgomery Intermediary Group recently sold an assisted living community in eastern Tennessee. Built in the late 1990s, the building featured more than 40 units, plus some houses on its campus. There was some additional acreage, as well. It was sold by one out-of-state owner to another, but the buyer has another assisted... Read More »
Justin Hutchens Moves to Ventas

Justin Hutchens Moves to Ventas

by | Feb 20, 2020 4:48 pm | Opinion

After several years of living across the pond, Justin Hutchens has decided to return home. Following a successful stint as CEO of HC-One, the UK’s largest senior care provider with more than 300 facilities, Hutchens will be moving to Chicago to be EVP, Senior Housing, North America at Ventas. We have known Justin for almost his entire career in senior living, and not only like him, but have a lot of respect for what he has accomplished. However (isn’t there always a however?), this will be the second CEO position he has left (National Health Investors was the other), and our gut tells us there must be something else because he will be one of four EVPs at Ventas.  Yes,... Read More »
HC-One Becomes Largest Provider in UK

HC-One Becomes Largest Provider in UK

by | Aug 25, 2017 7:01 am | Acquisitions

It has been a few months since it was announced that Justin Hutchens would leave HCP, Inc. and join UK-based HC-One as its new CEO. That transition is expected to take place on October 1, and he will certainly have his hands full when he takes over from Chai Patel. HC-One just announced an agreement to acquire 122 senior care properties from Bupa Care Services, also based in the UK, for approximately £300 million, or $384 million. Over the past few months, the deal value was rumored to be in the £300 million to £450 million range, but that was for 150 properties, not the 122 that was agreed upon. Before this acquisition, HC-One was already the third-largest senior care provider in the UK,... Read More »

Justin Hutchens a CEO Again

by | Apr 4, 2017 6:42 pm | Opinion

HCP, Inc. (NYSE: HCP) just announced that Justin Hutchens, elected president of the REIT in January, will be leaving to be CEO of HC-One, one of the largest care home providers in the United Kingdom with more than 300 properties. A little over two years ago, Formation Capital Safanad and Court Cavendish purchased healthcare property group NHP, which included the HC-One portfolio. Funding for that acquisition just happened to come from HCP, to the tune of about $630 million. In addition, it subsequently purchased 36 HC-One properties. So, HC-One and HCP are no strangers, and we believe that this did not come out of the blue, and that the HC-One investors decided that perhaps it was time to... Read More »