• Not-for-Profit to Expand Its California CCRC

    by | Apr 7, 2026 4:21 pm | Financings

    Ziegler announced the closing of Odd Fellows Home of California’s $101.7 million Series 2026AB bonds through the California Statewide Communities Development Authority. This financing marks Ziegler’s first with Odd Fellows Home of California.  Odd Fellows Home of California, a California not-for-profit public benefit corporation,... Read More »

  • Joint Venture Secures Refinance for Full-Continuum Community

    by | Apr 7, 2026 4:21 pm | Financings

    CBRE National Senior Housing refinanced Harvard Square by Cogir, a full-continuum seniors housing community in Colorado owned by funds managed by affiliates of Fortress Investment Group and operated by Cogir Senior Living. Built in 1982 and significantly renovated several times over the last 10 years, the community has 41 independent living, 144... Read More »

  • Chartwell Retirement Residences Completes Portfolio Acquisition

    by | Apr 7, 2026 4:20 pm | Acquisitions

    Chartwell Retirement Residences completed its previously announced purchase of six seniors housing communities spread throughout London (three), Dorchester, Waterloo and Mississauga in Ontario, Canada. The purchase price at closing totaled approximately CAD$416.2 million, or US$30 million. An additional CAD$15.8 million, or USD$11.36 million, is... Read More »

  • Class-A AL/MC Communities Trade on Long Island

    by | Apr 7, 2026 4:18 pm | Acquisitions, Financings

    BWE Investment Sales’ Seniors Housing Team announced its involvement in the sale of Village Green Senior Living and Village Walk Senior Living, both in high barrier-to-entry locations on Long Island. BWE represented the seller, The D&F Development Group, in the disposition of the Class-A assets, which had the goal of building, leasing up and... Read More »

  • SLIB Tops $1 Billion in Texas Transactions

    by | Apr 7, 2026 4:17 pm | Acquisitions

    Senior Living Investment Brokerage and Matthew Alley topped $1 billion in transaction volume in the state of Texas following the sale of a portfolio of four skilled nursing facilities. The Cascades Portfolio features a combined 647 beds and locations in Port Arthur (two), Houston and Galveston. The facilities were built from 1955 to 1993, with... Read More »
O&M Investments Adds Another SNF

O&M Investments Adds Another SNF

by | Jul 2, 2019 5:01 pm | Acquisitions

Private equity firm O&M Investments acquired a value-add skilled nursing facility in the Dallas, Texas market. At face value, this appears to be a good opportunity for O&M to generate a healthy return. First, the facility is relatively new at just 13 years old, with improvements made in 2010. Second, it recently converted a wing of the facility to skilled memory care, which should improve quality mix (currently at 16%) and revenues. Because of the conversion, the facility currently operates with 104 out of 124 licensed beds, with 83% occupancy based on the functional beds. Finally, the facility is located in an affluent, inner suburb of Dallas (Richardson), which certainly doesn’t... Read More »
Heavenrich & Company Announces Oklahoma Sale

Heavenrich & Company Announces Oklahoma Sale

by | Jan 16, 2019 7:00 am | Acquisitions

Brian Clark of Heavenrich & Company sold a pair of Oklahoma senior living communities for a price of $12.25 million, or just over $90,000 per unit. Located in Oklahoma City and Mustang, the communities were previously owned by Bridge Investment Group and total 135 units, including 113 assisted living, 16 memory care and six independent living units. Both were built in the late-1990s and combined for 79% occupancy (all private pay) at the time of the sale. One of the communities also accepted VA residents. An undisclosed private equity firm emerged as the buyer and will look to improve operations and add value to the properties. Read More »

Heavenrich Closes Sale To Summit Healthcare REIT

by | Jul 21, 2017 7:02 am | Acquisitions

Brian Clark of Heavenrich & Company just sold a 77-unit assisted living/memory care community in Chandler, Arizona (Phoenix MSA) for $13.4 million, or about $174,000 per unit. Mr. Clark represented the stand-alone not-for-profit seller, Pennington Gardens, in the community’s sale to Summit Healthcare REIT, a public non-traded REIT. Built in 2000, the community was 87% occupied at the time of the sale. We imagine operations could improve somewhat, as despite its good location and age, it sold for nearly $40,000 per unit less than the national average price of $217,000 per unit, for the 12 months ended June 30, 2017. Summit leased the community to Compass Senior Living, which already... Read More »

Mainstreet Buys Big

by | Nov 4, 2015 6:34 pm | Acquisitions

Mainstreet just closed a large acquisition of 11 skilled nursing facilities with 2,477 beds in the Chicago, Illinois market for $302.5 million, or $122,100 per bed. It will be leasing them back to the seller, Symphony Post Acute Care, at an initial lease rate of 8.0%. While the purchase price was not disclosed, Chicagoland SNFs can be very expensive, so we assume the price came in above $100,000 per bed, making it one of the largest SNF portfolio sales of the year so far. Heavenrich & Company represented the seller in the transaction. Read More »