• Stand-Alone MC Community Trades in Arizona

    by | Apr 2, 2026 5:05 pm | Acquisitions

    Blueprint represented an institutional seller in the sale of its stand-alone memory care community in the Lake Havasu City-Kingman, Arizona MSA. Built in 2009, the asset features 48 units with 60 beds and received approximately $2 million in recent capital improvements. There is opportunity for occupancy growth and rental rate optimization. ... Read More »

  • Clarion Partners Continues Its Acquisition Streak

    by | Apr 2, 2026 4:56 pm | Acquisitions

    Clarion Partners continued on its acquisition streak, adding two communities in California to its growing portfolio. The latest deal featured The Commons on Thornton and The Commons at Union Ranch, two seniors housing communities totaling 198 units in California’s Central Valley. They were previously owned and operated by MBK Senior Living, which... Read More »

  • Multiple Senior Care Acquisition Financings Close

    by | Apr 2, 2026 4:55 pm | Acquisitions, Financings

    M&A transactions are getting done at a near-historic pace, and CIBC Bank USA recently financed three deals. The largest was $43.3 million in acquisition financing for two senior care assets in the Nashville area of Tennessee. The properties include a combined 310 independent living units, 273 skilled nursing beds and 93 assisted living/memory... Read More »

  • Olympus Retirement Living Expands

    by | Mar 31, 2026 5:42 pm | Acquisitions

    The Zett Group closed the sale of a 63-unit assisted living/memory care community in the Boise, Idaho market. Set in the town of Emmett, Meadow View Senior Living was trending positively in its operations, but there was still some work to be done. An owner/operator engaged Blake Bozett and Spud Batt to sell the community to an undisclosed buyer.... Read More »

  • Large Senior Care Portfolio Trades Hands

    by | Mar 31, 2026 5:41 pm | Acquisitions

    A portfolio comprising senior care assets across Washington State recently sold with the help of JCH Senior Housing Investment Brokerage. At first, only one of the assets was brought to market, but an offer emerged for the entire nine-facility portfolio. The price for the skilled nursing, assisted living and independent living campuses ranged... Read More »
Caddis Recapitalizes Five “Heartis” Seniors Housing Communities

Caddis Recapitalizes Five “Heartis” Seniors Housing Communities

by | Feb 21, 2017 9:33 pm | Financings

Caddis just recapitalized five of its brand-new seniors housing communities in Texas. We’ve written about the “Heartis” brand (and Caddis-developed) before, which continues to grow in a number of Texas markets. The five properties just recapitalized are located in Amarillo, Cleburne (Fort Worth MSA), Conroe (Houston MSA), Cypress (Houston), and Fort Worth, a number of markets we have been keeping our eye on for overdevelopment. Nevertheless, this 352-unit portfolio must be performing well under the management of Frontier Management. Grant Saunders and Jay Jordan of KeyBank Real Estate Capital originated and underwrote the $62 million term loan. Read More »
Recapitalizing with KeyBank

Recapitalizing with KeyBank

by | Sep 30, 2016 2:44 pm | Financings

Grant Saunders, Sarah Belmont and Charlie Shoop of KeyBank Real Estate Capital all went to work to recapitalize a portfolio of eight seniors housing and care properties owned by Sentio Healthcare Properties, Inc. First, Saunders and Belmont helped the Orlando-based public, non-traded REIT refinance five of its properties, located in Texas, Florida, New Jersey and Louisiana, with a $62 million balance sheet term loan from KeyBank. Those properties are a combination of independent living, assisted living, memory care and skilled nursing facilities. As for the three remaining properties (assisted living and memory care communities) located in Ohio, Maryland and Florida, Mr. Shoop arranged... Read More »

KeyBank goes big with HUD

by | Sep 6, 2016 8:49 pm | Financings

Formation Capital went to KeyBank Real Estate Capital to refinance a 22-property skilled nursing portfolio located in Florida (17 facilities) and Mississippi (five). With a total of 2,682 beds, the facilities were purchased in February from GE Capital. John Randolph and Paul Di Vito of KeyBank arranged $249 million in HUD financing, which will help pay down an existing bridge loan that funded a 66-facility acquisition. Read More »
The Key to success

The Key to success

by | Aug 5, 2016 2:21 pm | Financings

A life insurance company provided an $85 million permanent loan to Tradition Senior Living for its 311-unit senior living community in Dallas, Texas. Opened in 2014, the community includes 202 independent living units, 85 assisted living units and 24 memory care units. Monique Bimler of KeyBank Real Estate Capital’s Healthcare Mortgage Banking Group arranged the 10-year fixed-rate loan, which amounted to more than $273,000 per unit. This is not the first time Tradition has relied on KeyBank. Since 2012, KeyBank has worked with Tradition on its capital raising efforts, including originating (led by Grant Saunders and Peter Trazzera) the initial construction loan and agenting the syndication... Read More »
Everything’s bigger in Texas

Everything’s bigger in Texas

by | Apr 29, 2016 8:30 am | Financings

In one of the larger financings seen so far this year, KeyBank Real Estate Capital recently provided a total of $202.1 million in Freddie Mac loans to refinance a portfolio of five independent living communities in Texas. Owned by a joint venture between Kayne Anderson Real Estate Advisors and Discovery Senior Living (which purchased it in 2014 for approximately $290 million, or $276,000 per unit), the “Conservatory Senior Living” portfolio totals 1,053 units, built between 2005 and 2007. Charlie Shoop and Carolyn Nazdin of Key’s Healthcare Mortgage Group, together with Pail DiVito of the Healthcare Real Estate Group, arranged non-recourse, 10-year adjustable rate financing to refinance an... Read More »