• Bullish Move by Welltower

    by | Oct 29, 2025 9:29 am | Uncategorized

    Welltower has been a growth and M&A machine under the leadership of Shankh Mitra. As of October 27, the REIT has closed or has under contract close to $14 billion of pro rata gross investments across the U.S., Canada and the United Kingdom this year. These include more than 700 seniors housing properties with more than 46,000 units. Not too... Read More »

  • Welltower Shatters Single-Day Dollar Volume Record

    by | Oct 29, 2025 9:28 am | Acquisitions

    October was already on its way to setting records for M&A activity in the seniors housing and care industry before Welltower announced the most transaction dollar volume we have ever seen in a single day when it released its third quarter earnings. A couple of the largest portfolio acquisitions took place across the pond, but the REIT also... Read More »

  • South Carolina Portfolio Trades

    by | Oct 29, 2025 9:25 am | Acquisitions

    Newmark has hit a rich vein of activity, announcing several closings in the last few days. First, the team sold three communities across the Greenville, South Carolina, area on behalf of Atlas Senior Living. The communities were built between 2014 and 2016 and totaled 306 units, including 108 independent living, 144 assisted living and 54 memory... Read More »

  • Blueprint Closes in Kentucky and Colorado

    by | Oct 29, 2025 9:24 am | Acquisitions

    Blueprint has been adding to our record-breaking October M&A haul, announcing a couple of closings in the last week. First, Kyle Hallion handled another sale in his home state of Kentucky, this time on behalf of a local family owner/operator with deep ties to this asset’s local market. The senior care facility features 64 skilled nursing beds... Read More »

  • Southern California Communities Get New Owner

    by | Oct 29, 2025 9:23 am | Acquisitions, Financings

    Berkadia handled the sale and financing of two seniors housing communities in Southern California. The transaction included an 84-unit assisted living and memory care community in the San Diego suburbs and a 72-unit memory care community in the Los Angeles suburbs. These were older vintage properties with some Medicaid census but were very strong... Read More »

CareTrust’s California buying spree

by | Aug 10, 2016 12:57 pm | Acquisitions

California-based CareTrust REIT didn’t travel far to close its last couple of deals, adding five in-state senior care facilities to its portfolio in just a week. First, the REIT acquired a 59-bed skilled nursing facility in Petaluma for $6.9 million, or $116,949 per bed, bringing in a new tenant in West Harbor Healthcare to operate. CareTrust expects the acquisition will generate initial annual rental revenue of approximately $670,000, under an initial 15-year lease, with two five-year extension options and CPI-based rent escalators. Then, CareTrust bought a senior care portfolio in Northern California, with a skilled nursing facility and an assisted living community each in the towns of... Read More »
Minnesota SNF/ALF

Minnesota SNF/ALF

by | Jul 27, 2016 4:47 pm | Acquisitions

In another sale involving skilled nursing beds and assisted living, Ray Giannini of Marcus & Millichap sold a nursing facility in Duluth, Minnesota for $10.0 million, or about $53,000 per bed. Occupancy was solid and there were more than 180 total beds involved in the sale. Read More »
California SNF/ALF Sells

California SNF/ALF Sells

by | Jul 27, 2016 4:46 pm | Acquisitions

Krone Weidler of Weidler Integrated Healthcare Investment Properties, in affiliation with Marcus & Millichap, sold a skilled nursing and assisted living facility in California to a local private equity investor. Built in 1991, the property has 120 skilled nursing beds and 85 assisted living beds with occupancy that has been around 94%. The sales price was $15.6 million, or $76,100 per bed, and the buyer may have to turn the operations around a bit. Read More »

Legacy in Montgomery

by | Jul 6, 2016 8:30 am | Acquisitions

Already the second deal closed in the Montgomery, Alabama area in recent weeks (following Birchwood Health Care Properties’ purchase of a 64-unit memory care community for $4.75 million), Legacy Senior Living spent $3.3 million, or $113,793 per unit, to acquire a 29-unit memory care community in Prattville. Built in 1999 with an addition in 2005, the property was 94% occupied and operated at a 23% margin on approximately $1.3 million of revenues. Plus, with limited competition in the area and a consistently high census, there is an expansion opportunity. Mike Pardoll of Marcus & Millichap represented the seller, a group of private investors, in the transaction. Read More »
Dialed in

Dialed in

by | Jun 16, 2016 7:04 pm | Acquisitions

Mark Myers, Joshua Jandris, and Matthew Andriano of Marcus & Millichap arranged the sale of a 188-unit senior living community in Crest Hill, Illinois, about 40 miles southwest of Chicago. The property, consisting of 112 assisted living/memory care units and 76 independent living units, was acquired by a joint venture between Dial Retirement Communities and a private equity fund. The sellers were two entities controlled by Greg and Renee Wolf, a couple who had developed the facility over the past 15 years. Dial will take over operations and add new programming in the process. The purchase price was not disclosed. Read More »