• Brookdale’s Summer Test Ahead

    by | Apr 10, 2026 8:09 am | Uncategorized

    Brookdale Senior Living reported its March occupancy results, and it unfortunately took another step in the wrong direction. We will get a better read when peers report first-quarter results and when NIC MAP releases its next tranche of occupancy data, but at this point, it seems as though Brookdale will need a particularly strong performance... Read More »

  • Public REIT Acquires New England Seniors Housing Portfolio

    by | Apr 9, 2026 3:21 pm | Acquisitions

    Blueprint announced that it handled the sale of a three-community private pay seniors housing portfolio in Rhode Island. A Dallas-based private equity firm engaged Blueprint in 2025 to sell the portfolio, which it acquired with Capital Health Group in 2019. The assets comprise 367 independent living, assisted living and memory care units in the... Read More »

  • Regional Owner/Operator Exits Senior Care Industry

    by | Apr 9, 2026 3:20 pm | Acquisitions

    Senior Living Investment Brokerage completed a regional owner/operator’s exit from the seniors housing industry with a third and final disposition. The asset was The Homestead in Fallon, Nevada, about one hour east of Reno. It was originally built between 1972 and 1980 and has undergone significant renovations in 2007 and 2018. Most recently, in... Read More »

  • Well-Performing SNF Trades in Iowa

    by | Apr 9, 2026 3:18 pm | Acquisitions

    A skilled nursing facility in Cedar Rapids, Iowa, that boasted strong occupancy levels and consistent cash flow traded hands. The facility had long-standing referral relationships and a reliable census pipeline. But, there is still room for upside.  Ownership was intentional in selecting a buyer that would preserve and build upon the facility’s... Read More »

  • Class-A Active Adult Community Trades

    by | Apr 9, 2026 3:16 pm | Acquisitions

    An active adult community north of Houston, Texas, sold with the help of Cody Tremper, Mike Garbers, Ross Sanders and Dave Fasano of Berkadia Seniors Housing & Healthcare. Alders Magnolia encompasses 184 units in Magnolia, and was built in 2021. The seller was Capitol Seniors Housing, and the buyer was Texas-based active adult development and... Read More »

Double duty financing

by | Jan 21, 2015 8:50 pm | Developments, Financings

We wrote last year that Virtus Real Estate Capital and PNC Bank had partnered to provide acquisition financing for LCB Senior Living to acquire two Vermont senior living communities with a total of 297 units for $80 million, or $269,400 per unit. Virtus provided $23 million in equity and PNC provided debt for the remaining $57 million. But, in that acquisition, LCB also purchased a 2.7 acre site just outside of Burlington, Vermont. And who did they turn to finance the construction of a new 102-unit IL, AL and MC community? Why, Virtus and PNC, of course. Arranged by Cushman & Wakefield, PNC provided $18.4 million in construction financing, while Virtus supplied $8.5 million in equity.... Read More »

LCB Senior Living fast expanding in New England

by | Dec 4, 2014 4:49 pm | Developments

Few are talking about New England during this seniors housing development boom. In the Northeast, there are more barriers-to-entry, more existing product and more expensive land, in sharp contrast to a region like the Southwest where construction is fast leading to overdevelopment in some areas. But with a higher income population, an aging product and less competition for brand new communities, some developers have big plans in New England. According to our database, Epoch Senior Living has three “Bridges by EPOCH” communities under construction and set to open in summer 2015 in Connecticut. Benchmark Senior Living has been a consistent builder in New England, with two communities opening... Read More »

LCB Senior Living and The Congress Companies begin next project

by | Jul 3, 2014 3:27 pm | Developments

The Residence at Five Corners, a senior living community in Easton, Massachusetts, is the latest project being undertaken by developer LCB Senior Living, LLC, and The Congress Companies, a full-service construction firm that specializes in senior living projects. The 84,000 square-foot, 74-unit community will offer independent living and assisted living apartments (studio, one-bedroom, and two-bedroom), along with common areas that include comfortable living rooms, a library, cafés, and an exercise room. Residents will also enjoy access to private dining, entertainment, and recreation activities. A separate memory care wing will have its own common areas and amenities in a secure... Read More »