• Brookdale Finally Names a COO

    by | Nov 20, 2025 3:40 pm | Uncategorized

    A decade without a Chief Operating Officer? Maybe that is why Brookdale Senior Living has been suffering. But, they are finally filling the position. Mary Sue Patchett is taking on the role, effective December 1st. With Brookdale’s new regional operating model, which she helped redesign and implement, she will have six regional vice presidents,... Read More »

  • EVA Care Group Refinances California Portfolio

    by | Nov 20, 2025 3:38 pm | Financings

    Helios Healthcare Advisors went to a private credit fund to secure a refinance for a senior care portfolio in California. Totaling 165 beds, there is a skilled nursing facility in San Bernardino and an assisted living community in Fillmore. The communities are owned by EVA Care Group, a Los Angeles-based national healthcare organization. ... Read More »

  • SLIB Sells a Class-A Mississippi Asset

    by | Nov 20, 2025 3:37 pm | Acquisitions

    Senior Living Investment Brokerage facilitated the sale of a seniors housing community in the Gulfport/Biloxi area of Mississippi. Featuring 18 independent living, 60 assisted living and 62 memory care units, the community was built in phases between 2019 and 2025. It is located in the town of Ocean Springs with no major competitors in the local... Read More »

  • Marx Development Group Finalizes West Virginia Acquisition

    by | Nov 20, 2025 3:36 pm | Acquisitions

    Lument Securities has closed the sale of four West Virginia-owned skilled nursing facilities to Marx Development Group (MDG). MDG subsidiary Majestic Care is taking over operations at the facilities in a smooth transition. The deal closed on October 31. Managing Director and Head of Mergers & Acquisitions Laca Wong-Hammond orchestrated the... Read More »

  • Florida Portfolio Receives Financing

    by | Nov 20, 2025 3:35 pm | Financings

    Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, provided a $120 million bridge loan to finance five skilled nursing facilities in Florida comprising 795 beds. The debt was used to refinance the 120-bed Parklands Care Center & Rehab in Gainesville, and the 120-bed Riverwood Healthcare & Rehab Center in Starke. It also funded... 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 »