• CBRF Trades in Wisconsin

    A community-based residential facility in southern Wisconsin came under new ownership. The seller had acquired the facility a couple of years ago and brought it to stabilization. They also conducted renovations in 2025 on the physical plant, which was originally built in 2001. The ultimate buyer was a Midwest ownership group that was looking to... Read More »
  • Watch The SeniorCare Investor’s Q1 Investor Call

    The SeniorCare Investor convened a panel on April 23 to discuss key topics front and center for investors. Ben Swett, Managing Editor of The SeniorCare Investor, moderated the discussion. Blueprint sponsored the Q1 2026 Investor Call webinar, with Kyle Hallion, Senior Director at Blueprint, joining. Investment firm perspectives came from Natalie... Read More »
  • Not-for-Profit Joint Venture Acquires IL Community

    Blueprint closed the sale of Parkwood Retirement, a 147-unit independent living community in Bedford, Texas (Dallas-Fort Worth MSA). Sitting adjacent to the Texas Health HEB hospital campus, Parkwood has demonstrated consistent and strong operating performance, with occupancy hovering around 95% for several years. There was still some meaningful... Read More »
  • Senior Care Portfolio Secures HUD Financing

    A senior care portfolio secured $64.96 million in HUD financing for the refinance of three properties in Pennsylvania. Greystone provided the financing, with the deal originated by Christopher Clare and additional team members including David Young, Ben Rubin, Ryan C. Harkins, Parker Nielsen and Liam Gallagher assisting on the transaction. The... Read More »
  • National Health Investors’ CFO Retires

    National Health Investors’ John Spaid, Executive Vice President and CFO, will retire effective July 1, 2026. The company will appoint Todd Siefert as Executive Vice President Corporate Finance, effective June 1, 2026, and he will succeed Spaid as CFO. Also as part of the transition, Dana Hambly has been promoted to Senior Vice President of... Read More »
Dissecting the Jump in Average Assisted Living Values

Dissecting the Jump in Average Assisted Living Values

It’s amazing the difference that one deal can make. We are talking about Welltower’s $1.76 billion sale of its entire Benchmark Senior Living portfolio to KKR and its impact on the average private per assisted living unit sold in the most recent four quarters. That sale, which came in at $425,400 per unit across the 48 properties, pushed the sector’s weighted average up to $252,900 per unit, a 23% increase from the most recent four-quarter period ($205,900 per unit) and 36% from calendar year 2018 ($186,400 per unit), according to The Seniors Housing Acquisition & Investment Report. We should note that this average is likely to change as more deals from 2019 float to the surface, and... Read More »
Deals Down So Far in 2017

Deals Down So Far in 2017

Long-term care has experienced a dip in M&A, but after nearly three straight years of 80+ transactions per quarter (starting in Q3:2014 with 83), with a couple exceptions, it is about time the M&A juggernaut slows down a bit. The first quarter’s volume fell to 76 deals, down from 93 in the previous quarter and from 84 in the year-ago quarter. And as of May 23, 2017, deal volume has so far not kept pace compared with the same period in 2016 with just 118 long-term care transactions recorded compared with 145 in 2016, a 19% difference. However, spending has nearly doubled (to $7.52 billion so far in 2017 from $4.37 billion in 2016), thanks to a few large deals that were announced in... Read More »

Sentio Healthcare Properties Agrees To Sell

In breaking news, Kayne Anderson Real Estate Advisors announced that it entered into a definitive merger agreement to buy Sentio Healthcare Properties, which is partly owned by KKR (NYSE: KKR), in a transaction valued at $825 million.  Kayne is paying $14.37 per Sentio share in cash about 11.5 million shares) with some upward adjustments that will most likely take the price to $14.65, with the deal expected to close in the third quarter. Sentio is a public, non-traded REIT that owns a mix of seniors housing properties and MOBs. Citigroup Global Markets and Holliday Fenoglio Fowler (nice month they are having) were the financial advisors to Kayne, and Robert A. Stanger & Co. and UBS... Read More »

Decker joins Board of Directors

Brookdale Senior Living announced that its Board of Directors appointed Daniel Decker as a Class I director and as the Non-Executive Chairman of the Board, effective October 1. Mr. Decker previously served on the boards of several REITs and other seniors housing companies, including Omega Healthcare Investors, Sentio Healthcare Properties, Health Care REIT (now Welltower) and Forum Group. Recently, he joined with KKR and Beecken Petty O’Keefe & Company to acquire the operations of Sunrise Senior Living in 2013. Mr. Decker will succeed Jeffrey Leeds in his position as Non-Executive Chairman of the Board. Read More »