• Strawberry Fields REIT’s 2025 Growth

    Strawberry Fields REIT reported its 2025 operating results, noting that it was the best year since its inception more than 10 year ago. The company posted significant increases in FFO and AFFO, and it completed more than $110 million in several new acquisitions. Its portfolio now includes 131 skilled nursing facilities, 10 assisted living... Read More »
  • Owner/Operator Exits SNF Sector

    An independent owner/operator exited the skilled nursing sector through its divestment of Sunrise Country Manor, which has 80 beds in Milford, Nebraska, and features a mix of private and semi-private units. It maintained an 83% occupancy rate at the time of the sale. A regional operator looking to expand its footprint in Nebraska acquired the... Read More »
  • Assisted Living Providers Join Forces 

    Majestic Residences recently expanded its footprint, adding 17 assisted living communities and six in active development, through its acquisition of Avendelle Senior Living. Avendelle will be integrated into the Majestic Residences platform, with Avendelle’s corporate team retained. The combined organization will operate under the Majestic... Read More »
  • Investor Secures Financing and Acquires Class-A Community

    BWE’s Seniors Housing Capital Markets Team sold and financed The Capstone at Station Camp, which sits in the Nashville, Tennessee MSA. Built in 2021, the Class-A assisted living and memory care community comprises 100 units in Gallatin. It is operated by TerraBella Senior Living.  BWE represented the seller, Hunt Midwest. The buyer was a... Read More »
  • Multiple SNFs Sell in Separate Transactions

    A large skilled nursing company sold its 181-bed skilled nursing facility to a private investment firm based in New York, exiting South Carolina in the process. The buyer had an existing skilled nursing footprint, and will be leasing this facility to a regional operator. The building was older, built in the 1980s, and was around 80% occupied at... Read More »
Breaking News

Breaking News

Chicago-based JLL announced it is buying HFF, Inc. in a $2 billion cash and stock deal. We wonder whether HFF management was so distraught after the seniors housing team jumped ship two months ago that they just had to sell. All kidding aside, the combination of these two firms will create one sizable company that will compete on many fronts. Read More »

Freddie Mac comes to Silicon Valley

On behalf of Kisco Senior Living, Jessica Wolters of JLL Capital Markets led the way in originating a $32.5 million refinance, with a 10-year fixed-rate term, provided by Freddie Mac’s Capital Markets Execution program. The community being refinanced, a 133-unit independent/assisted living community in Los Altos, California, was built in 1973 but was bought for $16 million, or $106,700 per unit (when it had 150 units), and renovated in 1998 by TransAmerica Senior Living (which was itself bought by Kisco in 2001). Considering today’s $244,400 per unit refinance, it’s clear that Kisco has significantly increased the value of the property. Read More »