• Phorcys Capital Partners Acquires AL/MC Community Through Receivership Sale

    by | Sep 19, 2025 3:06 pm | Acquisitions

    Phorcys Capital Partners acquired Village Veranda at Lady Lake, a 125-unit assisted living/memory care community in Lady Lake, Florida, adjacent to The Villages. Opened in 2019, the community was developed by Gordon Cos., Village Veranda Lady Lake LLC and SRI Management, which has operated the community since the start. SRI will stay on as... Read More »

  • 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 »

Meridian primes Continuum for HUD

by | Aug 24, 2016 8:31 am | Acquisitions, Financings

Continuum Healthcare has been busy growing its portfolio and is now looking for permanent financing for the six of its skilled nursing facilities in New Jersey and Pennsylvania they acquired over the last three years. In the meantime, Meridian Capital Group has arranged $135.5 million in bridge financing for the facilities. The loan came with a four-year term, six months interest-only, under 15% recourse, and was provided by a balance sheet and mezzanine lender. Ari Adlerstein, Ari Dobkin and Josh Simpson of Meridian handled the transaction, and expect to take out the bridge financing with a HUD refinance in two years. Built between 1979 and 1999, the skilled nursing portfolio features 920... Read More »