• National Real Estate Investment Group Acquires 24-Property Portfolio

    by | Jun 6, 2025 3:27 pm | Financings

    Ikaria Capital Group announced the successful funding of a $270 million term loan and $30 million preferred equity investment for a national private healthcare real estate investment group to support the acquisition of a 24-property skilled nursing and seniors housing portfolio located in the Pacific Northwest. First Citizens Bank led the bank... Read More »

  • The Zett Group Sells Idaho Portfolio

    by | Jun 6, 2025 3:26 pm | Acquisitions

    A trio of small, well-performing assisted living communities in rural Idaho sold with the help of Blake Bozett and Spud Batt of The Zett Group. The pair represented a mom & pop who were looking to retire after nearly 25 years of operating. Terri and Carl Pendleton built the first 16-unit assisted living community in Gooding, Idaho, and added... Read More »

  • JV Buyer Acquires Two Communities From Separate Sellers

    by | Jun 6, 2025 3:25 pm | Acquisitions

    Helios Healthcare Advisors structured the sale and arranged joint venture equity for the acquisition of two assisted living/memory care communities in Alabama on behalf of separate sellers. Helios was initially engaged by the Episcopal Diocese of the Central Gulf Coast to identify a buyer that would preserve the legacy of Murray House Assisted... Read More »

  • Detroit Redevelopment Sees Senior Apartment Conversion

    by | Jun 6, 2025 3:23 pm | Financings

    KeyBank Community Development Lending and Investment provided $43.6 million in construction loans and arranged $7.6 million in permanent loans for the acquisition and rehabilitation of Lee Plaza in Detroit, Michigan. The 15-story, Art Deco historical landmark will be converted to affordable senior apartments. The building will include a total of... Read More »

  • Montana Not-For-Profit Secures Bond Financing

    by | Jun 6, 2025 3:22 pm | Financings

    Ziegler announced the closing of Immanuel Living at Buffalo Hill’s $50.88 million Series 2025ABC bonds through the City of Kalispell, Montana. The Montana not-for-profit operates a senior care community in Kalispell, Montana, that is located on a 13-acre campus with 171 independent and assisted living units as well as 155 licensed skilled nursing... Read More »
Access Industries Acquires JEA Senior Living

Access Industries Acquires JEA Senior Living

by | Sep 12, 2019 6:52 pm | Acquisitions

Access Industries, a private industrial group also with a focus on institutional real estate announced its acquisition of a long-time owner/operator in the senior living space, JEA Senior Living. While the companies have combined, their relationship began earlier this year when Access purchased 10 of JEA’s senior living communities in Washington, Oregon, Texas, Tennessee and Indiana. JEA’s current portfolio numbers some 50 properties across the U.S., with a focus on memory care. Other properties are still in various stages of development. The Access/JEA combination should prime JEA for further expansion (primarily through acquisitions but some developments, as well) and allow the operator... Read More »
Access Industries Acquires JEA Senior Living

Dubai-Based Private Equity Invests in U.S. Seniors Housing

by | Jul 24, 2019 6:01 am | Acquisitions

A Dubai-based private equity firm jumped into the senior living market in a big way, acquiring a group of six properties for a total purchase price over $180 million. GFH Capital, a subsidiary of GFH Financial Group, will own 91% of the portfolio, while a Washington, D.C.-based real estate investment firm, Madison Marquette, is acquiring another 6%. Two of the three operating partners GFH has selected to manage the communities, JEA Senior Living, Senior Resource Group and Independence Village, have also each co-invested in their respective properties. The acquired portfolio is geographically spread out in California, Washington and Michigan, and is currently 93% occupied, on average,... Read More »