• Healthpeak Properties Jumps Back into Seniors Housing

    Ever since Healthpeak Properties essentially exited the seniors housing market in 2021, we had wondered when they would come back. We even thought they could have jumped back in just a year later when rumors were circulating that Brookdale Senior Living was in talks about a potential sale.  The M&A opportunity in seniors housing, and the... Read More »
  • Blueprint Handles Washington State Bankruptcy Deal

    Fresh off a phenomenal 2025 (we’ll see where they ended up in the Broker Rankings next month), Blueprint announced a few end-of-year closings this week. First, Michael Segal, Dan Mahoney, Amy Sitzman and Daniel Waldhorn ran a bankruptcy sale for the real estate of three skilled nursing facilities in Washington State. They were engaged by the... Read More »
  • Another Record Year for VIUM

    VIUM Capital keeps raising the bar in transaction volume, announcing another record-setting year in 2025, closing 96 transactions totaling over $2 billion in par value, representing the largest total of financings closed in the firm’s nearly six-year history. Most of that volume came from bridge loans originated by VIUM through its joint venture... Read More »
  • Ventas Divests to Joint Venture

    Berkadia announced that it handled the sale of a California seniors housing community, and refinanced a separate Montana community. Atria Park of San Mateo, a 135-unit assisted living and memory care community in San Mateo, California, sold to an institutionally capitalized partnership. Mike Garbers, Cody Tremper, Dave Fasano and Ross Sanders of... Read More »
  • Behavioral Buyer Gets Vacant VA Asset

    Some brokers have been taking advantage of behavioral health providers’ desire to grow in order to sell vacant seniors housing assets, and getting higher prices for their clients as a result. Toby Siefert and Dave Balow of Senior Living Investment Brokerage arranged the sale of Mayfair House, a 53-unit assisted living community in Portsmouth,... Read More »
Meridian Closes Eight More Property Transactions

Meridian Closes Eight More Property Transactions

We’ve said before that Meridian Capital Group is having quite a year, but the firm just closed another $113 million in transaction volume for a total of eight senior care and healthcare properties in five states. So, they have no plans for a summer vacation, apparently. Ari Adlerstein, Ari Dobkin, Josh Simpson, Matt Lesnik, Jesse Rauch, David Gottlieb, Jacob Scott and Rafi Sod negotiated the transactions and have reached $2.8 billion in deals closed to date in 2021. The team first arranged $37 million in senior and mezzanine financing for the construction of a senior living community in South Carolina that will include 54 assisted living, 48 independent living... Read More »
Institutional Property Advisors Sells Iowa SNF Portfolio

Institutional Property Advisors Sells Iowa SNF Portfolio

In a strategic move to build its presence in the Midwest, Beacon Health Management acquired 10 skilled nursing facilities in Iowa last month. Ryan Fleming of Institutional Property Advisors represented the seller in this $24.2 million, or $42,600 per bed, transaction. Todd Lindblom was the broker of record.  The targeted properties within the Pearl Valley Rehab & Healthcare portfolio include 568 beds and currently generate total revenue of $35 million and EBITDA of $3.5 million. That results in a 14.5% cap rate on the deal.  Occupancy across the portfolio fluctuated around 75 to 80% during the sale process. Some COVID cases towards the end of the transaction resulted in a delay in... Read More »
Meridian Capital Group Finishes May with a Flourish

Meridian Capital Group Finishes May with a Flourish

Meridian Capital Group is having quite the year, already with $2.7 billion in transaction volume closed to date in 2021. Most recently, the firm closed more than $390 million in deals for a combination of 42 skilled nursing, independent living, assisted living and memory care properties in nine states. Meridian’s Ari Adlerstein, Ari Dobkin, Josh Simpson, Matt Lesnik, Jesse Rauch, David Gottlieb, Jacob Scott and Rafi Sod negotiated the transactions. Maybe a well-deserved summer vacation is on the horizon now? Beaches are open.  On the M&A side, the team closed a number of sales, the largest being the $74 million sale of six skilled nursing facilities comprising 925 beds in... Read More »
Meridian Capital Group Goes All Out in April

Meridian Capital Group Goes All Out in April

April showers certainly brought a dizzying number of financings closed by the team at Meridian Capital Group, arranged for a combination of 26 assisted living and skilled nursing facilities in seven states. Ari Adlerstein, Ari Dobkin, Josh Simpson, Matt Lesnik, Jesse Rauch, David Gottlieb and Jacob Scott negotiated the transactions, which totaled $352 million. Maybe now they’ll have time to smell the May flowers.  The highlight of the two weeks was a $136 million bridge-to-HUD refinance for five facilities totaling 830 skilled nursing and 24 assisted living beds in Maryland. There were also several acquisition financings, the largest being a $62.4 million loan from a commercial bank along... Read More »
Capital Funding Group Closes Q1 In Style

Capital Funding Group Closes Q1 In Style

Capital Funding Group’s new off-balance sheet credit venture, CFG Credit Partners, has done it again, arranging another nine-figure bridge loan to support the acquisition of a skilled nursing portfolio. This transaction totaled $285 million. Using the funding, a nationally recognized borrower (which has worked with CFG before) was able to acquire 16 skilled nursing facilities in the Mid-Atlantic region. Erik Howard and Tim Eberhardt originated the transaction for Capital Funding Group, and Capital Funding, LLC, a subsidiary of CFG Bank, participated in the transaction.  This deal appears very similar to CFG Credit Partners’ $317.5 million bridge-to-HUD financing for Eagle Arc Partners’... Read More »