• WOW! Sonida Senior Living Goes BIG

    by | Nov 5, 2025 8:16 am | Acquisitions

    Sonida Senior Living just announced what can only be described as a transformational acquisition. Since new management came in, CEO Brandon Ribar and CFO Kevin Detz, Sonida has been on an upward path of improved operations and a balance sheet that has grown stronger. Occupancy has been increasing (87.7% in Q3) and NOI and EBITDA are rising. Spot... Read More »

  • 60 Seconds with Swett: October Smashes M&A Record

    by | Nov 4, 2025 4:20 pm | 60 Seconds, Acquisitions

    We were predicting a record-breaking end to the year in terms of M&A activity, but we are not sure we expected a 100+ deal month, with 110 transactions and counting. Just to put that in perspective, the previous record for any month was 77 deals in October of last year, and only four months had previously broken the 70-deal barrier. So this... Read More »

  • Newmark Ends October with Portfolio Closings

    by | Nov 4, 2025 3:50 pm | Acquisitions

    Newmark announced a flurry of transactions at the end of October involving various institutional firms. The largest was a portfolio of seniors housing communities in the Northeast known as “Stars and Stripes.” Word on the street is that the portfolio sold for north of $800 million, and that a sub-portfolio was valued at more than $1 million per... Read More »

  • Stacked Stone Acquires Missouri Portfolio

    by | Nov 4, 2025 3:48 pm | Acquisitions

    Stacked Stone Ventures announced the purchase of a seven-community assisted living/memory care portfolio in Missouri for $71 million, or $212,600 per unit. Totaling 334 units and 405 beds, the Oak Pointe portfolio was developed between 2015 and 2020 by an investor group called ClearPath Senior Housing, which included Jeff Binder of Senior Living... Read More »

  • Blueprint Sells Georgia Community to LTC Properties

    by | Nov 4, 2025 3:47 pm | Acquisitions

    LTC Properties divested seven skilled nursing facilities through two separate deals for $122 million in October. In those transaction announcements, the publicly traded REIT noted that it intended to redeploy proceeds for the acquisition of newer, stabilized SHOP assets. It looks like that’s what the publicly traded REIT did in Georgia at the... Read More »
Monticello Asset Management Assists New York SNF With Bridge Financing

Monticello Asset Management Assists New York SNF With Bridge Financing

by | Jan 26, 2018 7:00 am | Financings

One of New York City-based Monticello Asset Management’s investment vehicles originated $8.03 million in first lien debt on behalf of the new owner of a 140-bed skilled nursing facility in New York. Leroy Operating, LLC (the borrower) used the funds to purchase the 40-year old facility, which currently has a five-star rating from CMS. In addition to traditional long-term care, the facility also features a 40-bed non-secure memory care unit and a 28-bed short-term or sub-acute therapy unit on its 8.2-acre campus. Ancillary services include physical, occupational and speech therapies too. The borrower expects to refinance through HUD in the coming years. Read More »
Monticello Finances Massachusetts Portfolio Deal

Monticello Finances Massachusetts Portfolio Deal

by | Jun 16, 2017 7:00 am | Acquisitions, Financings

Monticello Asset Management successfully originated nearly $70 million in bridge-to-HUD financing to facilitate the purchase of a four-property skilled nursing portfolio in Massachusetts. Consisting of 616 total beds (100 of which are for assisted living), the four facilities each average about 70,000 square feet and have an average age over 20 years old. The buying entity’s principals have over 15 years of experience owning and operating SNFs, and they plan to leverage that knowledge to improve operations at the facilities. Monticello, which was founded in 2014 by principals Thomas Lally, Alan Litt and Jonathan Litt, arranged $69.3 million in first lien debt financing to fund the... Read More »