• Evans Completes Cornerstone Portfolio Sale

    by | Dec 30, 2025 4:08 pm | Acquisitions

    Evans Senior Investments announced the sale of the remaining assets within the Cornerstone Portfolio, two assisted living/memory care communities in southern Texas. The portfolio consists of Trinity Oaks of Pearland, an 80-unit independent and assisted living community, and Trinity Shores of Port Lavaca, a 62-unit assisted living and memory care... Read More »

  • Invesque Divests Nine Assets

    by | Dec 30, 2025 4:07 pm | Acquisitions

    Invesque disposed of nine assets over 15 days in December, and provided notice of its intention to redeem all of the $27.3 million principal amount of debentures in early 2026. On December 11, the REIT sold a portfolio of four seniors housing assets for $57.0 million. These assets, located in New Jersey and Pennsylvania, were previously part of a... Read More »

  • Berkadia Closes Two Refinances and Two Sales

    by | Dec 30, 2025 4:06 pm | Acquisitions, Financings

    Before the end of the year, Berkadia announced two refinances and two sales in three states. First, Allegro Parkland, an independent living, assisted living and memory care community in Parkland, Florida, secured a refinance. Austin Sacco, Steve Muth, Garrett Sacco and Alec Rosenfeld of Berkadia Seniors Housing & Healthcare secured a loan... Read More »

  • Seniors Housing Operator Appoints New CEO

    by | Dec 30, 2025 4:05 pm | Acquisitions

    Harmony Senior Services, a family-owned company that is set to operate 50 communities across 12 states in 2026, announced the appointment of Traci Taylor-Roberts as its new Chief Executive Officer. Taylor-Roberts brings 25 years of experience in senior living, home health and hospice care, and will aid in advancing Harmony’s services,... Read More »

  • Receivership Sale of Standalone Memory Care Community Closes

    by | Dec 26, 2025 3:07 pm | Acquisitions

    Senior Living Investment Brokerage’s Southeast closings continued with the sale of Westminster Memory Care in Lexington, South Carolina. Built in 2020, the Class-A community features 48 units of memory care and high-end finishes. It is set on 6.3 acres, which provides an opportunity for expansion under new ownership. Also, at the time of the... Read More »
CareTrust REIT Continues Growth Strategy with Covenant Care

CareTrust REIT Continues Growth Strategy with Covenant Care

by | Feb 15, 2019 7:03 am | Acquisitions

While many REITs have been net sellers in the last couple of years, especially in the skilled nursing market, CareTrust REIT has been quite the opposite, growing its portfolio to nearly 200 healthcare properties by the start of 2019. In its latest deal, the REIT announced a large sale/leaseback acquisition in the state of California. Involving four skilled nursing facilities and 503 beds, this portfolio has been owned and operated by Covenant Care. CareTrust already had a relationship with Covenant, having previously acquired two other skilled nursing and assisted living assets from a private landlord in 2016 and leased them back to the California-based operator under three separate... Read More »