• Ensign Acquires Iowa Skilled Nursing Facility

    by | Sep 18, 2025 3:55 pm | Acquisitions

    Nick Cacciabando and Ryan Saul of Senior Living Investment Brokerage helped an industry veteran in Iowa sell his last solely-owned senior care facility, finding a publicly traded buyer in the process. The facility in question was Crystal Heights Care Center, a 72-bed skilled nursing facility in Oskaloosa, Iowa, about one hour southeast of Des... Read More »

  • Investor Group Enters the Seniors Sector Through Idaho Purchase

    by | Sep 18, 2025 3:54 pm | Acquisitions

    An assisted living/memory care community in Twin Falls, Idaho, traded with the help of Chad Mundy and Nick Stahler of The Knapp-Stahler Group at Marcus & Millichap. The campus opened in 1989 with an eight-unit building, and added two 15-unit buildings in 2009 and 2015, respectively. Some units were added to each building in 2023 and 2024, and... Read More »

  • Value-Add Owner/Operator Grows in Texas

    by | Sep 18, 2025 3:53 pm | Acquisitions

    Amy Sitzman, Giancarlo Riso, Connor Doherty and Ryan Kelly of Blueprint got a seniors housing deal across the finish line in Odessa, Texas. Built in 2013 as part of an expansion to an adjacent CCRC, the building has 67 assisted living and memory care units. It had gone through multiple operator changes over the years. The deal was marketed as an... Read More »

  • Seller Divests Its Only Out-Of-State Asset

    by | Sep 18, 2025 3:52 pm | Acquisitions

    Senwell Senior Investment Advisors facilitated the successful sale of a 100-bed skilled nursing facility in Pennsylvania. Built in 1987, the facility was developed by an Ohio-based operator as part of a broader growth initiative. Its occupancy rate was consistently strong, often exceeding 95%. It was the seller’s only out-of-state asset, leading... Read More »

  • Joint Venture Adds to Its Seniors Housing Footprint 

    by | Sep 18, 2025 3:52 pm | Acquisitions

    Foundry Commercial and funds managed by affiliates of Fortress Investment Group acquired the RoseWood Village Assisted Living and Memory Care communities in Charlottesville, Virginia. The two communities, RoseWood Village at Greenbrier and RoseWood Village at Hollymead, will be operated by Foundry Commercial’s management company, Allegro Living,... 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 »