• Thank You Ortelius?

    by | Jul 9, 2025 8:19 am | Opinion

    Brookdale Senior Living just reported June occupancy, and the increases were much better than we expected for a second quarter, which historically has been a mixed bag for the industry. Let’s just say, we were impressed. June’s same-community weighted average occupancy was 81.1%, up 220 basis points year over year and up 50 basis points... Read More »

  • SLIB Sells SNF in New Jersey

    by | Jul 9, 2025 8:17 am | Acquisitions

    Toby Siefert of Senior Living Investment Brokerage got a skilled nursing sale in New Jersey over the finish line after survey issues caused a buyer switch-up. Built in 1980, Medford Care Center is located in the town of Medford (about an hour east of Philadelphia) and features 180 beds on an 11-acre campus. Operations were not strong, and the... Read More »

  • Carnegie Capital Celebrates 10-Year Anniversary with Texas Portfolio Deal

    by | Jul 9, 2025 8:16 am | Acquisitions

    Carnegie Capital, the national seniors housing debt brokerage founded and run by JD Stettin and David Farhadian, celebrated its 10-year anniversary with a $124 million, or $117,100 per bed, portfolio acquisition transaction. Carnegie provided a combination of advisory work and debt placement for the nine-skilled nursing facility portfolio with... Read More »

  • 12 Oaks Senior Living Appoints New CFO

    by | Jul 8, 2025 3:44 pm | Uncategorized

    12 Oaks Senior Living appointed Elliott Westerman as CFO, effective immediately. Westerman has more than two decades of leadership experience across senior living, healthcare, and real estate sectors. As CFO, Westerman will oversee all aspects of financial management, including financial planning and analysis, capital structure strategy,... Read More »

  • Ensign/Standard Bearer Adds Two Facilities

    by | Jul 8, 2025 3:42 pm | Acquisitions

    The Ensign Group acquired a couple of skilled nursing facilities through its real estate subsidiary Standard Bearer Healthcare REIT. The first purchase was for Duncanville Healthcare and Rehabilitation Center, a 124-bed SNF in Duncanville, Texas, which will be operated by a third-party operator subject to a long-term, triple-net lease. Ensign... Read More »
CareTrust REIT’s Bountiful Acquisition

CareTrust REIT’s Bountiful Acquisition

by | Feb 21, 2020 4:19 pm | Acquisitions

CareTrust REIT just bought an assisted living community in Bountiful, Utah, leasing it to Bayshire LLC, which will take over operations going forward. Built in 1999, the 62-unit community is well situated on the campus of Lake View Hospital, an affiliate of MountainStar Healthcare and HCA Healthcare. It was previously owned by the not-for-profit South Davis Community Hospital Campus, but was sold so South Davis could focus on its adjacent higher-acuity operations.   Bayshire took over the operations, adding the facility to its master lease with CareTrust that has a remaining term just under 15... Read More »