• Active Adult Community Secures Freddie Mac Refinance

    by | Nov 26, 2025 12:44 pm | Financings

    An active adult community in Hurst, Texas, paid off its existing bank debt with a Freddie Mac refinance arranged by Berkadia. Heritage Village Residences was built in 2014 with 120 units, including 10 cottages. It was part of multiple acquisitions over the years, first in 2020 when Edison Equity Management Corporation bought it for $23.3 million... Read More »

  • Upstate NY Seniors Housing Community Trades

    by | Nov 26, 2025 12:42 pm | Acquisitions

    Kory Buzin and Steve Thomes of Blueprint facilitated the sale of a seniors housing community in upstate New York that stakeholders were divesting to take advantage of positive performance trends and a strong M&A market. The Legacy at Cranberry Landing, a 95-unit independent living, assisted living and memory care community in Rochester, was... Read More »

  • Seniors Housing Investment Vehicle Acquires First Asset

    by | Nov 26, 2025 12:41 pm | Acquisitions

    Focus Healthcare Partners acquired Bellingham at West Chester, a 274-unit seniors housing community in West Chester, Pennsylvania. The investment is Focus’ first for its newest investment vehicle, Focus Senior Housing Fund III. The property sits on an 11.8-acre site 20 miles west of downtown Philadelphia. It comprises 208 independent living, 50... Read More »

  • Management Transfer Includes Purchase Option

    by | Nov 26, 2025 12:41 pm | Acquisitions

    A senior care campus in Waterloo, Illinois, secured a new operator thanks to Ray Giannini of Marcus & Millichap. Featuring 144 skilled nursing beds and 50 independent living units, Oak Hill – Senior Living and Rehabilitation Center was well occupied with a strong quality mix. It was owned by Monroe County, which wanted to retain the... Read More »

  • Bank Provides Refinance to Family Office

    by | Nov 26, 2025 12:38 pm | Financings

    BHI, the U.S. branch of Bank Hapoalim, provided a $29.0 million loan for the refinancing of an assisted living and skilled nursing facility in West Palm Beach, Florida. Gold Standard of Care Group, a Florida-based family office with a focus on healthcare and senior care and over $150 million in assets, was the borrower.  Totaling 70,272... Read More »
National Health Investors’ Latest Purchase Option

National Health Investors’ Latest Purchase Option

by | Dec 20, 2017 7:01 am | Acquisitions

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

by | May 24, 2017 7:01 am | Developments

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 »