• Sonida Closes CNL Acquisition, Reports Q4 Results

    by | Mar 12, 2026 2:26 pm | Acquisitions

    On the same day as fourth quarter and year-end 2025 financial results were announced, Sonida Senior Living closed on its previously announced acquisition of CNL Healthcare Properties (CNL). The transaction value was approximately $1.8 billion and included a combination of cash (32%) and stock (68%). Because Sonida’s share price had risen above... Read More »

  • Investor Acquires Struggling Las Vegas AL/MC Asset

    by | Mar 12, 2026 2:24 pm | Acquisitions

    A Utah-based investor is taking on a seniors housing community located in a strong MSA but that was 40% occupied and losing money. Amy Sitzman and Jake Rice of Blueprint were brought on to handle the seller’s divestment, with the turnaround opportunity generating strong investor interest. Ultimately, six competitive offers were received from a... Read More »

  • 12 Oaks Senior Living Expands Its Management Portfolio

    by | Mar 12, 2026 2:23 pm | Acquisitions

    12 Oaks Senior Living has expanded its senior living portfolio, re-entering the Baytown, Texas, market (Houston MSA), after being brought on by an investor to manage The Lodge at Pine Creek. This marks the second community the operator will manage on behalf of the buyer.  Built in 2021, the property includes 10 independent living cottages... Read More »

  • GEM Realty Closes an Acquisition in South Carolina

    by | Mar 12, 2026 2:22 pm | Acquisitions, Financings

    The Caliborne at Brickyard Crossing, a Class-A seniors housing community in South Carolina, traded hands with the help of acquisition financing secured by BWE. Taylor Mokris and Ryan Stoll of BWE served as exclusive financial advisor to the buyer, GEM Realty Capital, running a competitive process that sourced numerous quotes. Financing was... Read More »

  • SLIB Handles Long Island Assisted Living Deal

    by | Mar 12, 2026 11:14 am | Acquisitions

    A seniors housing campus on Long Island’s North Shore recently sold with the help of Dave Balow and Ryan Saul of Senior Living Investment Brokerage. The campus comprises Oyster Bay Manor, an assisted living community built in 1984, and Harbor House, a memory care community opened in 2001. Harbor House was the first of its kind to serve... Read More »
Mike Pardoll’s Southeast Swing

Mike Pardoll’s Southeast Swing

by | Nov 3, 2017 7:01 am | Acquisitions

Marcus & Millichap’s Mike Pardoll crisscrossed the Southeast to close two transactions. First, Mr. Pardoll sold a 99-unit independent living community in Durham, North Carolina for $15.8 million, or about $160,000 per unit, with a 6.3% cap rate. Originally built as a hotel in 1985, the building was purchased in 2012 and converted to independent living in a multimillion-dollar renovation. It was clearly the right move, with occupancy reaching 100% and the operating margin currently at 32% under management by Meridian Senior Living. The community features an interior courtyard with an in-ground pool, bocce court, putting green and community garden, among other amenities at the property.... Read More »