• Diversified Healthcare Trust’s SHOP Delivers Strong Results

    Diversified Healthcare Trust (DHC) announced fourth-quarter earnings and full-year 2025 results, and its SHOP segment delivered. Same-property SHOP NOI in the fourth quarter jumped 27.6% year over year to $38 million, and full-year SHOP NOI climbed 31.3% to $129.3 million. Same property SHOP occupancy reached 82.4% in Q4, up 90 basis points from... Read More »
  • Lease Option Closes for High-Performing CT SNFs

    A long-time regional owner/operator looking to secure capital for future redeployment into the skilled nursing sector approached Blueprint to market two skilled nursing facilities. The high-performing assets sit 40 miles apart in southern and western Connecticut with 301 total beds. The non-union facilities were generating $4.4 million of EBITDAR... Read More »
  • Not-for-Profit Acquires North Carolina Seniors Housing Portfolio

    A few seniors housing communities in North Carolina were recently divested by a North Carolina owner/operator. The three assets total 61 independent living units and 173 assisted living and memory care beds. The independent living component was developed by the seller. The buyer, a not-for-profit with more than 30 years of experience acquiring... Read More »
  • Skilled Nursing Owner/Operator Secures Its First HUD Financing

    In a transaction that marks the third time Berkadia has secured financing for the asset, the company arranged a $35.4 million HUD financing for a 189-bed skilled nursing facility in Lafayette Parish, Louisiana. The asset was developed in three phases between 1996 and 2007. It has been owned by a Louisiana-based owner/operator of skilled nursing... Read More »
  • Senior Care Portfolio Receives Financing

    MONTICELLOAM provided financing to three seniors housing communities in Illinois. Originated by Karina Davydov, the package includes up to $44 million in bridge financing with a 36-month term. The portfolio offers independent living, assisted living, memory care and skilled nursing services. The sponsor, a Midwest-based senior living operator... Read More »
Juniper Communities Shifts Focus from Florida

Juniper Communities Shifts Focus from Florida

Juniper Communities has completely exited the state of Florida, with Bradley Clousing and Jeff Binder of Senior Living Investment Brokerage facilitating the final sale. With the transaction, the assisted living/memory care provider will now focus on its established Northeast and Colorado markets, where it has eight communities in Pennsylvania, two in New Jersey and five in the Centennial State. The Naples community was originally built in 2000, which in the heavily developed southwestern Florida market is certainly on the older side. Age isn’t everything, but it does usually affect the rents you can charge, which has a cascading effect if any fixed or variable costs were to suddenly shoot... Read More »
Juniper Communities Jumps on Pennsylvania Property

Juniper Communities Jumps on Pennsylvania Property

New Jersey-based Juniper Communities added another Pennsylvania senior living property to its portfolio with the acquisition of a 103-unit assisted living/memory care community in Chestnut Hill (Philadelphia MSA). With the deal, Juniper now owns or operates 12 properties in the Keystone State. The campus is centered around a stone mansion built in 1865 set alongside sprawling grounds and walking paths. There was an addition in 1986 that added common areas plus AL units, and another addition in 1998 that added memory care units, AL units and even more common areas. Carlyle Senior Living acquired the community in 2006 for $8 million, or $77,700 per unit. How times have changed. We’re unsure... Read More »
Juniper Communities Lands Lakewood Assisted Living Communities

Juniper Communities Lands Lakewood Assisted Living Communities

Juniper Communities added two more properties to its portfolio, which now numbers 23 communities in Pennsylvania, Colorado, Florida and New Jersey. Both new additions are located in Lakewood, Colorado, about 10 miles from downtown Denver, and join Juniper’s three other communities in the metro area. One community was built in 2008 with 65 assisted living and 42 memory care units, while the larger community has 118 assisted living and 19 memory care units, and was built in 1999. The new management contracts give New Jersey-based Juniper scale in the state and enables them to pilot additional ancillary services in the Denver area. Read More »

Bensalem Blues

There is some work to be done for the new owner of an entrance-fee CCRC in Bensalem, Pennsylvania. Juniper Communities (headed by CEO Lynne Katzmann) purchased the community for $13.65 million, or $38,343 per unit, which is well off its 2005 (yes, 2005) price of $17.35 million, or $48,464 per unit. Back then, the unit breakdown was very similar to today’s, which is currently 279 independent living units, 60 assisted living units and 17 skilled nursing beds. Plus it was operating at a 16% margin with a 95% occupancy rate. While the community’s current operations were not disclosed, we have to assume they have fallen off some given the 21% decline in price. Built in 1981 with expansions in... Read More »