• Healthcare REIT Divests SNF to In-Place Operating Partner

    by | Apr 17, 2026 4:05 pm | Acquisitions

    Senior Living Investment Brokerage returned to West Des Moines, Iowa, to sell a skilled nursing facility that it had previously sold in 2019. A healthcare REIT was the buyer back then and is now selling the facility to its in-place regional operating partner. Built in 2004, Arbor Springs features 56 beds on an attractive four-acre campus about 10... Read More »

  • Near-Stabilized AL/MC Community Lands Refinance

    by | Apr 17, 2026 12:18 pm | Financings

    Carnegie Capital closed a bridge refinance for a 50-unit assisted living/memory care community in the Houston, Texas MSA. Four years ago, the property was bought by a California-based operator with a growing footprint in Texas. Performance was approximately two to three months from stabilization, but with the acquisition loan maturity looming, a... Read More »

  • Record-Setting HUD Express Lane Application to Commitment

    by | Apr 17, 2026 12:15 pm | Financings

    Cambridge Realty Capital provided a $6.15 million loan to refinance Avalon Memory Care Keller, a 50-bed stand-alone memory care community in Keller, Texas (Dallas-Fort Worth MSA). The fully amortized, 35-year HUD loan was provided for the owner, a Texas limited liability company, that wished to recast bank debt into a long-term non-recourse... Read More »

  • Large Healthcare Owner Receives Financing

    by | Apr 17, 2026 12:14 pm | Financings

    An owner of more than 80 healthcare properties spanning nine states secured bridge and working capital financing for its skilled nursing portfolio in Washington. The financing includes a $40 million bridge loan and a $6 million working capital line of credit, with a 36-month initial term. MONTICELLOAM provided the funding. Read More »

  • Out-of-State Owner Divests to Investor

    by | Apr 16, 2026 3:07 pm | Acquisitions

    A couple of assisted living and memory care communities in Eastern Tennessee recently traded hands. The two properties comprise more than 100 units. A Chicago-based investor aligned with the seller’s long-term vision for the communities acquired the assets, and partnered with a regional operator that was looking to grow their presence in the... Read More »
ISL Assumes Operations of Six Midwest Communities

ISL Assumes Operations of Six Midwest Communities

by | Sep 2, 2021 3:35 pm | Acquisitions

Integral Senior Living has assumed the operations of five new seniors housing communities in Indiana and one in Michigan. The communities are owned by Griffin-American Healthcare REIT III, Inc. Meridian Senior Living previously managed these communities. Along with this announcement, Adam Parton has been named as regional vice president of Operations and Brandy Ross as regional director of Sales and Management. Mr. Parton has decades of successful experience managing seniors housing communities and brings knowledge and expertise of the Midwestern market to this role. Ms. Ross also has years of experience growing and managing seniors housing communities in the Midwest, previously serving in... Read More »
Integral Senior Living Adds Nine Communities

Integral Senior Living Adds Nine Communities

by | Aug 9, 2021 9:14 am | Acquisitions

Integral Senior Living (ISL) assumed the operations of nine senior communities as of August 1. The communities are diversified across seven states. Caddis owns two of the communities in Georgia (both operating under the Heartis brand), Steadfast Companies owns a property each in California and Kentucky, Investcor Development owns one in Nevada, and Imprint Property Group owns four of the communities: two in Oklahoma, one in Kansas and one in Colorado. ISL, a California based operator, maintains over 89 independent living, assisted living, and memory care locations across 23 states. It is not just in growth mode, as the company recently sold the operations of The Shores at Clear Lake in... Read More »
KeyBank Plays Key Role In Record Oregon Acquisition

KeyBank Plays Key Role In Record Oregon Acquisition

by | Sep 26, 2018 7:01 am | Acquisitions, Financings

A few weeks ago, we reported the closing of the highest-priced single-asset seniors housing sale in the state of Oregon. Now, we’ve learned that KeyBank Real Estate Capital financed it with a $63.2 million Freddie Mac loan, which Charlie Shoop arranged with a fixed rate, 10-year term, four years of interest only and a 30-year amortization period. Blueprint Healthcare Real Estate Advisors handled the sale on behalf of the original developer/owner, eventually securing a $92 million, or $321,700 per unit, purchase price from the buyer, Strategic Student & Senior Housing Trust. That represented a 6.4% cap rate based on estimated trailing EBITDAR. Integral Senior Living, the property’s... Read More »
Blueprint Handles Record Sale In Oregon

Blueprint Handles Record Sale In Oregon

by | Sep 7, 2018 7:01 am | Acquisitions

We just recorded the highest-priced single-asset seniors housing sale in the state of Oregon, in a transaction handled by Blueprint Healthcare Real Estate Advisors’ Dan Mahoney, Jacob Gehl and Blake Bozett. The target is located in Portland and was originally developed in 1992 by the current seller. Also renovated in 2000, the community features 286 units of independent living, assisted living and memory care. Integral Senior Living has managed it since 2011, and managed it well, apparently, as it was 94% occupied with a 100% private pay census. We have also estimated it operated at a roughly 45% margin on approximately $13 million of in-place revenues. Strategic Student & Senior... Read More »
CBRE Closes Five Financings

CBRE Closes Five Financings

by | May 18, 2018 10:11 am | Financings

Aron Will of CBRE showed off his strength and variety this month, closing five transactions so far in May. First was a $10.2 million Freddie Mac loan arranged on behalf of Chicago Pacific Founders to acquire a 100-unit independent living/assisted living community in Easley, South Carolina. The loan came with a seven-year floating-rate term and 42 months of interest only. Mr. Will also arranged acquisition financing for a global investment manager for its purchase of two assisted living/memory care communities in Cincinnati, Ohio and Salt Lake City, Utah. Both were originally developed by CA Ventures in partnership with another institutional equity partner and Senior Lifestyle Corporation.... Read More »