• 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 »
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 »