• A Flurry of Deals Cross the Finish Line

    by | May 8, 2026 8:11 am | Acquisitions

    As part of Senior Living Investment Brokerage’s nine separate closings at the start of May, there were a couple of skilled nursing sales. First, Nick Cacciabando and Matthew Alley represented a local group of investors in the sale of a 60-bed skilled nursing facility in Ottumwa, Iowa. The investor group operated the facility themselves, and it... Read More »

  • Investor Group Buys Naples Community

    by | May 8, 2026 8:06 am | Acquisitions

    A group of investors picked up a value-add seniors housing community in Naples, Florida. Built in 1999, North Haven Senior Living features 132 units of assisted living and memory care. It appears that Brookdale Senior Living previously operated the community, which showed very well and did not require much in terms of capex. We understand that... Read More »

  • Brookdale’s Uneven Recovery

    by | May 7, 2026 4:03 pm | Acquisitions

    Brookdale Senior Living has been going through some major changes in the last year, so naturally its recovery could be a little uneven, with the hope of more long-term growth and stability. They have a new CEO, COO and a new operational structure, in addition to exiting more than 100 communities in the last year. But the mixed bag of results can... Read More »

  • Two Public REITs Continue Their SHOP Push

    by | May 7, 2026 3:54 pm | Acquisitions

    Two public REITs honing in on the seniors housing sphere have announced their first quarter earnings results. LTC Properties reiterated its commitment to seniors housing again, and Janus Living, Healthpeak Properties’ spin-off REIT that debuted in the public markets in March, is already showing momentum. First, after completing seniors housing... Read More »

  • Tennessee Assisted Living Community Sells

    by | May 7, 2026 3:52 pm | Acquisitions

    Andrew Montgomery of Montgomery Intermediary Group recently sold an assisted living community in eastern Tennessee. Built in the late 1990s, the building featured more than 40 units, plus some houses on its campus. There was some additional acreage, as well. It was sold by one out-of-state owner to another, but the buyer has another assisted... Read More »
Takeaways From Fall NIC Conference

Takeaways From Fall NIC Conference

by | Oct 4, 2017 7:02 am | 60 Seconds, Opinion

Last week’s NIC conference displayed the growing divergence of opinion on the state of the seniors housing and care market. A lot of people have asked me what I thought about the recent NIC conference in Chicago. Well, I have been covering the seniors housing and care sector for 30 years, I have attended all 27 fall conferences, but never have I heard such divergent opinions regarding the state of the market as I did last week. On the one side, you have those who are hoarding their cash, or raising new money, waiting for the market to take a plunge so they can take advantage of cheap prices. Most of these people have been around for a while, and like me, let their historical... Read More »
Welcome to NIC 2017

Seniors Housing Sentiment on Eve of NIC Conference

by | Mar 22, 2017 8:32 am | 60 Seconds, Opinion

As we ready ourselves for attending the NIC Conference, it should be interesting from a sentiment perspective. Good morning San Diego! For those of you attending the NIC Conference I hope to be able to chat a little with you, maybe later tonight or Thursday night. You know where to find me. This will be an interesting conference from a sentiment perspective. Are people still on a high from some of the record pricing in the acquisition market of the past few years? Or will we be seeing continued caution from those worried about occupancy, labor, rising interest rates and the new community openings this year? The party is definitely not over, but if you were to balance out the positives with... Read More »
Reflections on NIC Conference

Reflections on NIC Conference

by | Sep 21, 2016 8:32 am | 60 Seconds, Opinion

Change is coming, and while some people will be prepared for it, others will struggle. With a record turnout at last week’s NIC Conference, we wanted to see what the mood was, and whether there was any primary theme. The mood was decent, perhaps not as upbeat as in years past, but it really depended on whom you asked. The old-timers are a bit nervous, the newcomers more bullish. On the skilled nursing side, going from fee for service payments to bundled payments and ACOs is going to be more painful than many believe it will be, and could result in many small providers hanging it up and selling. It will not cause the value disruption that came after the PPS change to Medicare in the late... Read More »