• Grace Management Adds Five Ventas Communities

    by | Nov 14, 2025 2:25 pm | Acquisitions

    Grace Management expanded its relationship with Ventas, adding five seniors housing communities owned by the REIT to its operating portfolio. The communities were previously managed under a triple-net lease structure. They include Brookdale Lake Shore Drive in Chicago, Illinois, Brookdale Northbrook in Northbrook, Illinois, Brookdale Springs Mesa... Read More »

  • Seller Boosts Census Ahead of Sale to JV

    by | Nov 14, 2025 2:22 pm | Acquisitions

    Senwell Senior Investment Advisors sold Rose Hill Retirement Community, a 66-unit, 87-bed assisted living community in Marion, North Carolina. Originally built as a hospital, Rose Hill has been transformed by the seller over the past two decades into a senior care community. After a previous attempt to sell the community was unsuccessful,... Read More »

  • Joint Venture Buys Orange County Community

    by | Nov 14, 2025 2:21 pm | Acquisitions, Financings

    A high-end seniors housing community in Orange County sold with the help of CBRE National Senior Housing. Aron Will and John Sweeny represented the joint venture seller in the deal, while Will and Matthew Kuronen arranged acquisition financing from a national bank. The loan came with a four-year term, a full term of interest only and a floating... Read More »

  • Developer Secures Construction Financing

    by | Nov 14, 2025 2:20 pm | Developments, Financings

    JLL Capital Markets arranged a $47 million construction financing for The Arbella at Blue Hills, a 164-unit, active adult community to be developed in Bloomfield, Connecticut. JLL worked on behalf of the developer, The United Group of Companies, Inc. (United Group) to secure the construction loan through Liberty Bank of Middletown, Connecticut.... Read More »

  • Midwest-Based Operator Refinances AL/MC Communities

    by | Nov 14, 2025 2:19 pm | Financings

    MONTICELLOAM, LLC, along with firm affiliates, provided a $28.5 million senior bridge financing for two Midwest seniors housing communities. The financing was originated by Karina Davydov, Senior Managing Director, Originations. The sponsor, a Midwest-based operator with a portfolio of over 40 seniors housing and healthcare properties and a... Read More »

The Senior Care Pricing Disconnect

by | Nov 11, 2015 8:32 am | 60 Seconds, Opinion

The public equity market for senior care operating companies and REITs is getting slammed, but the private investment market remains strong. The pricing disconnect continues. Public equity investors continue to slam the senior care operating companies and health care REITs. All one has to do is look at what has happened to Kindred Healthcare and Genesis Health this past week or two, when both companies dropped to new lows and have not yet recovered. Fears of reimbursement pressure, fears of OIG investigations, fears of staffing costs. All have some degree of merit, but it seems like an overreaction to me. Just look at the private market, where both acquisition pricing and demand remain... Read More »

REIT Shares Under Pressure Again

by | May 5, 2015 2:35 pm | 60 Seconds, Opinion

Rising interest rates are sending health care REIT shares down, but will it last? The timing could not be worse. What am I talking about? The recent rise in interest rates and its impact on REIT share values, not to mention looming acquisitions. The 10-year Treasury rate hit a low of 1.65% in February, which most people did not think was sustainable. It has now risen by a third, or 55 basis points, to 2.20%. That is a huge percentage change in rates, even though still quite low from an historical perspective and much lower than the jump in the spring of 2013 that sent REIT share prices plunging by 25%, which was a big overreaction. Easy for me to say. But with the recent rise in rates,... Read More »