• 60 Seconds with Steve Monroe: Brookdale Senior Living, What’s Next?

    by | Jul 15, 2025 3:42 pm | 60 Seconds

    So, the big vote occurred last week, and shareholders of Brookdale Senior Living have spoken. We are sure that the recent increases in occupancy convinced some shareholders to stick with management and its “plan.” But the nominees from activist shareholder Ortelius Advisors were not off-the-wall candidates. It was an excellent group, and despite... Read More »

  • Optalis Healthcare Acquires Michigan Portfolio

    by | Jul 15, 2025 3:19 pm | Acquisitions

    Blueprint was engaged by Michael F. Flanagan, the duly appointed receiver of Spartan Holdco, LLC, et al. and approved by the Oakland County Circuit Court to run a marketing process sourcing qualified overbids for the auction sale of the SKLD (Skilled Living and Development) portfolio. Dubbed Project Spartan, the portfolio comprises eleven skilled... Read More »

  • National REIT Divests to Cougar Capital Management

    by | Jul 15, 2025 3:18 pm | Acquisitions

    Haven Senior Investments facilitated a transaction between a national REIT and a real estate development firm based in Boston, Massachusetts. The seller, Summit Healthcare REIT, divested a seniors housing community in Littleton, New Hampshire, The Village at Riverglen. Built in 2002, The Village at Riverglen features 60 beds across 50 independent... Read More »

  • CFG’s H1 Financing Volume

    by | Jul 15, 2025 3:15 pm | Financings

    Capital Funding Group’s bridge-to-HUD and HUD teams financed more than $930 million across 50 transactions in the first half of 2025. These financings included 14 HUD loans, 21 bridge loans and 15 accounts receivable loans for clients across the country. Managing Director of Real Estate Craig Casagrande originated a few transactions throughout... Read More »

  • Stabilized Class-A IL Community Secures Refinancing

    by | Jul 15, 2025 3:14 pm | Financings

    Greystone arranged a $43.5 million debt placement to refinance a seniors housing community in Oregon. The 142-unit property is a recently built and stabilized Class-A independent living community. The community had strong trailing cash flows, on a shorter trailing period, but an upward trend. The financing was sourced by David Young.  The... Read More »
The Future of Medicaid Block Grants

The Future of Medicaid Block Grants

by | Jun 9, 2017 7:01 am | Opinion, Statistics

Our editor Steve Monroe moderated a webinar on June 8 called “Skilled Nursing Reimbursement Under Trump Care” with panelists Joshua Jandris of IPA Seniors Housing and Marc Zimmet of Zimmet Healthcare Services Group, where they discussed Medicare reimbursement changes, the future of Medicaid managed care plans and the next shoe to drop on the reimbursement front under a Trump administration. If you are interested in hearing the 90-minute discussion, you can purchase the webinar here. During the webinar, Mr. Monroe brought in the audience to voice their opinion too, and here are the results: Do you think Medicare SNF payments should basically fund the shortfall of Medicaid payments, such as... Read More »
A Not-for-Profit’s Skilled Nursing Saga

A Not-for-Profit’s Skilled Nursing Saga

by | Apr 7, 2017 7:01 am | Acquisitions

After several years of operational difficulties and financial losses, a not-for-profit owner is selling its 75-bed skilled nursing facility in Odessa, Texas, with the help of Charles Hilding, Ryan Fleming, Mark Myers and Joshua Jandris of IPA Seniors Housing. The facility, which we believe to be on the older side, hadn’t always been a financial drain. In fact, as recently as 2014, it generated revenues of over $3 million and operated at a 10% margin. However, ownership extensively renovated the building in 2015/16, which required the closure of a wing. The project hit both operations and the owner’s liquidity hard, prompting the sale. The buyer, Trinity Healthcare, assumed operations in... Read More »
IPA Seniors Housing’s High Quality Sale

IPA Seniors Housing’s High Quality Sale

by | Apr 5, 2017 7:01 am | Acquisitions

We hope the team of Mark Myers and Joshua Jandris from IPA Seniors Housing had a big celebratory dinner in San Diego for their latest skilled nursing transaction, which involved seven facilities and 1,456 total licensed beds. Called “The McGuire Portfolio,” these facilities are located mainly in the Buffalo, New York area (five), with one in East Patchogue, Long Island and one in Warren, Michigan. The Warren facility was the largest with 297 beds, while the others range from 153 to 216 beds. Occupancy was the lowest at the Michigan facility (at 90%), but was consistent at around 96% across the rest of the portfolio, which averaged roughly 35 years old. The portfolio was made more... Read More »