De Paul Health Care Divests Three Philly-Area SNFs

De Paul Health Care sold three of its Philadelphia-area skilled nursing facilities, leaving the New Jersey-based provider with four SNFs in its portfolio, in addition to its existing medical office building and residential community businesses. Mark Myers and Joshua Jandris of IPA Seniors Housing represented the De Paul family in the transaction, which included a […]

CCRC With Potential Sells in Northern Virginia

The team at IPA Seniors Housing highlighted a CCRC’s highly desirable location in the affluent Washington, D.C. suburb of Fairfax, Virginia, to sell the asset to an affiliate of Focus Healthcare Partners. Andrew Hilding, Mark Myers and Joshua Jandris represented the seller, Thompson Associates, in the sale, which did not disclose a price. The property, […]

Original Owner Exits Two AL Communities in Illinois

The original developer of two assisted living communities totaling 135 units in Illinois (St. Louis MSA) is finally exiting the assets, after more than 10 years of ownership, with the help of Mike Surak and Matthew Andriano of Marcus & Millichap and Mark Myers and Joshua Jandris of IPA Seniors Housing. Operated under the Fountains […]

IPA Handles Pittsburgh Personal Care Facility Sale

Andrew Hilding, Joshua Jandris and Mark Myers of IPA Seniors Housing represented the seller of a personal care facility north of Pittsburgh, Pennsylvania. Stepping in to purchase the facility was a local operator in the Pittsburgh area looking to expand their presence in the state. They are acquiring an 80-unit/100-bed facility that was built in […]

IPA Sells “A” Property in California

High-quality “A” level assisted living communities may have taken a back seat to the “B” properties in the 2018 M&A market, according to new statistics in our soon-to-be-published Seniors Housing Acquisition and Investment Report, but the team at IPA Seniors Housing (a division of Marcus & Millichap) sold one in a Sacramento, California suburb. Opened in […]

Alternative Living Acquires Auglaize County-Owned SNF

Drawing on plenty of experience selling county-owned skilled nursing facilities, Joshua Jandris, Mark Myers and Alex Vice of IPA Seniors Housing just sold their first in the state of Ohio. Although this was the team’s first county-owned SNF sale in the state, it was their 64th overall in Ohio (for $600 million in total transaction […]

American House Strikes North

American House Senior Living Communities is continuing its expansion outside of its home states of Michigan and Florida, following up on its first acquisition in Ohio (from September) with its first in New England. The target was built in 2009 with 109 units of independent living and assisted living in Keene, New Hampshire with a […]

Two Michigan Transactions from IPA Seniors Housing Trio

Mark Myers, Joshua Jandris and Charlie Hilding of IPA Seniors Housing handled two Michigan transactions at the start of August. First was the sale of a four-property skilled nursing portfolio in Michigan, totaling 393 beds. The aging properties are in need of capital improvements, which was reflected in the (undisclosed) pricing. A large Michigan operator (who […]

IPA Ratifies Constitution State Sale

Charlie Hilding, along with Mark Myers, Joshua Jandris and Alex Vice, of IPA Seniors Housing handled the sale of a skilled nursing facility in rural Ohio. Representing the seller, IPA sold the facility, which features over 150 beds and several specialized care services (including a designated ventilator unit), for nearly $165,000 per occupied bed and […]