• 60 Seconds with Swett: Sticks and Bricks in ’26?

    The talk around new development is getting a lot more serious in the seniors housing industry, leading us to wonder if our 2024 prediction of “Sticks and Bricks in ‘26” may actually come true, somewhat. Back then, we may have thought that interest rates would have come down a bit more by now, but that the FOMO of getting involved in seniors... Read More »
  • Wyoming SNF Sale Sets New State Record

    There was a new record set for skilled nursing pricing in the state of Wyoming with the sale of Big Horn Rehabilitation and Care Center in Sheridan. Built in the 1960s, the facility features 128 beds and was 61% occupied. It was owned by a regional operator that was looking to recycle capital.  Before the marketing process, Evans Senior... Read More »
  • Owner/Operator Acquires Facility Out of Bankruptcy

    A senior care facility in Worcester, Massachusetts, sold as part of a bankruptcy process with the help of Patrick Burke and Toby Siefert of Senior Living Investment Brokerage. Built in 1970, Donna Kay Rest Home features 60 licensed beds in 31 units, providing a higher level of care and supervision than assisted living but at a lesser acuity than... Read More »
  • Civitas Sells Community to Clarion

    Hap Knowles and Nick Stahler of the Knapp-Stahler Group at Institutional Property Advisors announced that they led the sale of a seniors housing community in the Phoenix, Arizona MSA, to the fast-growing real estate investment firm Clarion Partners. The deal appears to be The Retreat at Alameda, a 110-unit assisted living/memory care community in... Read More »
  • Blueprint Handles Recapitalization

    Blueprint handled the recapitalization of Forest Hills Commons, a 2017-developed, 119-unit assisted living/memory care community in the Louisville, Kentucky MSA. A Louisville-based senior living owner/operator/developer engaged Blueprint in the third quarter of 2025 to begin the process. The asset demonstrated strong in-place performance and... Read More »
National Health Investors’ Latest Purchase Option

National Health Investors’ Latest Purchase Option

Executing on a purchase option, National Health Investors acquired a 32-unit assisted living/memory care community in Durham, North Carolina, for $7.6 million, or $237,500 per unit. The impetus for the deal goes back to February 2017, when NHI purchased two adjacent AL/MC communities in Hendersonville, NC (about 20 miles south of Asheville) and entered into a new operating relationship with Ravn Senior Solutions at the same time. Ravn, which stepped in to operate the two communities under a new 15-year lease (with an annual lease rate of 7.35% and annual fixed escalators), was founded by a group of industry veterans, including Steve Morton (co-founder of Southern Assisted Living, Inc. and... Read More »
HHHunt Heads North

HHHunt Heads North

A Virginia real estate developer is making its second move north across the Potomac, though unlike the Army of Northern Virginia, it is stopping short of Pennsylvania. The company, HHHunt, already has 12 senior living communities in North Carolina, six in Virginia, and one in Severna Park, Maryland, which it opened in late-2015. Now, HHHunt has just broken ground on a development in nearby Crofton (located between Washington, D.C. and Baltimore), at a cost of $29.4 million, or $309,500 per unit. The property is situated on about 10 acres next to the Walden Country Club and will feature 95 assisted living and memory care units under the “Spring Arbor” brand. Other HHHunt developments (most... Read More »