• NHI and National HealthCare Corporation Ending Master Lease

    by | Apr 23, 2026 2:55 pm | Acquisitions

    In a move to concentrate its portfolio on private pay seniors housing, National Health Investors divested a large skilled nursing portfolio for $560 million, before estimated transaction costs between $6 million and $8 million. The buyer was the current lessee, National HealthCare Corporation, whose legacy master lease was established in 1991 and... Read More »

  • Seniors Housing Communities Sell in Southwest Florida

    by | Apr 23, 2026 2:41 pm | Acquisitions, Financings

    Berkadia has announced a couple of closings in southwest Florida. First, Brooks Minford headed to the Tampa, Florida area to sell a 138-unit assisted living/memory care community on behalf of a local developer that was looking to exit the seniors housing business. They had built Tessera of Brandon in 2017 to feature a mix of 98 assisted living... Read More »

  • Global Investment Firm Re-Enters the Senior Care Industry

    by | Apr 23, 2026 2:40 pm | Acquisitions

    Global alternative investment firm Investcorp has re-entered the seniors housing sphere after its exit in 2008. The company has acquired three communities in Massachusetts, California, and New York, all within a short period.  The Massachusetts community is in Boston, and it offers both independent living and affordable seniors housing... Read More »

  • Investor Enters Seniors Housing Sector

    by | Apr 23, 2026 2:39 pm | Acquisitions

    Stone Brook Assisted Living in the Dallas, Texas MSA, has traded hands from a single-community owner/operator to a regionally-based investor. The seller was looking to enter retirement, and the investor wanted to make their first investment in the seniors housing space. Both seller and buyer agreed to pause the process in Fall 2025 to allow the... Read More »

  • Public Company Divests in Arizona

    by | Apr 23, 2026 2:38 pm | Acquisitions

    A publicly traded company focused on seniors housing recently divested a community in Mesa, Arizona. The asset features 68 assisted living and memory care units, and offered meaningful upside potential. Amy Sitzman, Kyle Hallion and Jake Rice of Blueprint handled the deal, which saw a competitive process with multiple offers from groups looking... Read More »
HJ Sims Closes Bank Financing for Not-For-Profit’s Independent Living Expansion

HJ Sims Closes Bank Financing for Not-For-Profit’s Independent Living Expansion

by | Jul 30, 2020 3:15 pm | Financings

Thanks to a two-part bank financing arranged by HJ Sims, not-for-profit Presbyterian SeniorCare Network (PSCN) will open a new independent living community in North Strabane Township, Pennsylvania, adding to its significant presence in the western part of the state.   PSCN, which already provides senior care services to over 6,500 seniors through 53 senior living communities, affordable housing facilities and at-home programs/services, is partnering with Senior Housing Partners, a subsidiary of Presbyterian Homes & Services.  HJ Sims had worked with PSCN and its related entities before, including the 2017 construction financing for a memory care expansion and its Washington, PA campus,... Read More »
HJ Sims Funds CCRC Expansion Project in North Carolina

HJ Sims Funds CCRC Expansion Project in North Carolina

by | Jul 23, 2020 4:55 pm | Developments, Financings

HJ Sims has a long history with the SearStone Retirement Community, a CCRC in Cary, North Carolina, and recently closed another financing for the property. Sponsored by Samaritan Housing, Inc., the community currently consists of 131 independent living units, 38 IL estate homes, 14 assisted living units and 25 skilled nursing beds.   HJ Sims originally financed the first phase of the CCRC with a $117 million non-rated fixed rate bond issue in 2012. Then, the investment bank funded an expansion in 2016 with an $8 million issue. HJ Sims also provided the original seed capital, and the funds to advance refund the 2012 issue, and provided a portion of the pre-development capital for a Phase II... Read More »
CBRE Secures Acquisition Financing For HJ Sims/Voralto Living Purchase

CBRE Secures Acquisition Financing For HJ Sims/Voralto Living Purchase

by | May 19, 2020 3:44 pm | Acquisitions, Financings

The CBRE National Senior Housing team arranged acquisition financing for a North Texas assisted living/memory care community. A joint venture between HJ Sims and Voralto Living was the buyer, obtaining a four-year, floating-rate loan with 24 months of interest only from a national bank. Featuring 60 units, the community was a newer vintage and will join Voralto’s six other communities in Texas, and one in Georgia. Aron Will, Austin Sacco and Adam Mincberg handled the transaction for CBRE.  It’s been a busy year already for CBRE’s Senior Housing Debt and Structured Finance team, which has closed over $515 million in debt and equity originations across 15 separate transactions. In the months... Read More »
HJ Sims Expands Its Investment Banking Team

HJ Sims Expands Its Investment Banking Team

by | May 6, 2020 9:58 am | Financings

HJ Sims announced a major expansion to its Investment Banking Team, adding two senior bankers and opening new offices in the Midwest and on the West Coast. Lynn Daly joined the firm as Executive Vice President in the new Chicago location, bringing over 30 years of experience working with not-for-profit organizations in financing. Previously, she was acting head of Senior Living Investment Banking at BB&T Capital Markets, and also spearheaded the Catholic Initiative within senior living investment banking at Ziegler.  Brady Johnson also joined the HJ Sims team as Senior Vice President in the new West Coast office in Orange County, California. Previously at Hunt Real Estate Capital,... Read More »
HJ Sims Secures Bond Financing for Tennessee CCRC

HJ Sims Secures Bond Financing for Tennessee CCRC

by | Dec 18, 2019 4:13 pm | Developments, Financings

A new life plan community (or continuing care retirement community, as we still call them) is going up in Collierville, Tennessee (Memphis MSA) thanks to a large $219.25 million bond placement arranged by HJ Sims. Situated on 36 acres with 176 independent living apartments, 63 independent living garden homes, 52 assisted living units, 32 memory support units and 60 skilled nursing units, the community will also feature an impressive array of amenities. For dining, there will be five venues, an outdoor kitchen, a pub and sports bar. There will also be an athletic club, massage therapy, Jacuzzi, day spa, beauty shop, barber shop, performing arts center, movie theater, library, bank, gift... Read More »