• Investment Firm Acquires in Missouri

    by | Jan 20, 2026 4:43 pm | Acquisitions

    Investment firm Lapis Advisers purchased a seniors housing asset out of state receivership in Kansas City, Missouri. The CCRC was distressed, having struggled with COVID-related challenges as well as a limited access to capital in recent years.  Kingswood Senior Living features 185 independent living (65 of which are large duplex cottages),... Read More »

  • Global Investment Firm Sells Community with Strong Momentum

    by | Jan 20, 2026 4:06 pm | Acquisitions

    A global real estate investment firm sold an independent living community in Iowa, engaging Blueprint’s Kory Buzin, Dillon Rudy and Steve Thomes to get the deal done. Built in 2002, the four-story community features 121 units, mostly with two-bedroom options. It appears to be The Arbordale in Urbandale, which was acquired in 2020 by Omaha,... Read More »

  • Large Operator Adds Turnaround Campus to Portfolio

    by | Jan 20, 2026 4:04 pm | Acquisitions

    A senior care campus in Ohio found a new owner with the help of Kiser Group. Set on 26 acres in a rural market east of Cleveland, the property features 76 skilled nursing beds, five assisted living units and three independent living units. It was originally built in 1950 but expanded through multiple additions between 1965 and 2001.  At the time... Read More »

  • Texas Skilled Nursing Portfolio Sells

    by | Jan 20, 2026 3:57 pm | Acquisitions

    A portfolio of skilled nursing facilities traded hands in Texas before the end of the year. There are two assets in the Lubbock area and two in Central Texas that are located northwest of Austin. They comprise more than 430 beds, with between 100 to 120 beds at each of the four facilities. Three of the buildings were constructed in the 1970s, and... Read More »

  • CIBC Bank’s Recent Activity

    by | Jan 20, 2026 3:56 pm | Acquisitions, Financings

    CIBC Bank USA closed an impressive array of transactions in the last several months, totaling more than $800 million in credit facilities across the country. The largest transaction was an $85 million (with earn-outs) debt package for a senior care portfolio in the Northeast. The debt included a senior term loan and a mezzanine loan to refinance... Read More »
Healthpeak Expands Oakmont Relationship

Healthpeak Expands Oakmont Relationship

by | Dec 20, 2019 6:00 am | Acquisitions

Healthpeak is yet again expanding its relationship with Oakmont Senior Living, after already making a couple of acquisitions with the operator earlier this year. The two companies entered into an agreement that provides Healthpeak the option to acquire up to 24 of Oakmont’s seniors housing development pipeline, when Oakmont decides to sell. Concentrated in California, the communities will have a projected aggregate value of approximately $1.3 billion. They will be offered for sale in tranches from 2020 to 2023, including about $200 million in expected sales in the first half of 2020. Once offered, the REIT will have the option to acquire each applicable tranche based on a pre-determined... Read More »
HCP Is Making Moves

HCP Is Making Moves

by | May 6, 2019 7:01 am | Acquisitions

HCP, Inc. caused a stir this month with a couple of large acquisitions totaling $558 million. The industry hasn’t seen that kind of large-scale activity in some time, as many of the REITs seemed to be biding their time, at least for big acquisitions. Occupancy woes, overdevelopment and higher labor costs seemed to be some of the causes for that added caution. HCP themselves were some of the biggest sellers recently, having sold $1.5 billion in seniors housing assets over the past five quarters. But now, HCP is jumping back into the seniors housing M&A pool with a couple of acquisitions of new, high-quality assets. The properties’ ages should help assuage some of those occupancy... Read More »

Greystone’s Freddie Mac First

by | Apr 5, 2017 7:00 am | Financings

In a first for the seniors housing industry, Greystone closed Freddie Mac’s first-ever lease-up loan for a client in Northern California. More common in the multifamily market, the lease-up program is for experienced clients to lock-in low interest rates earlier in the process for refinancing newly-built properties. Now, for a just-built 66-unit assisted living/memory care community in San Jose, the team of Scott Kavel, Neal Raburn and Cary Tremper of Greystone provided a $27.5 million Freddie Mac loan, with an 11-year term, 30-year amortization and a fixed interest rate. The loan takes out the original construction loan just three months after the community opened. We suspect lease-up was... Read More »
Greystone goes to Freddie Mac

Greystone goes to Freddie Mac

by | Aug 3, 2016 8:14 am | Financings

Greystone provided more than $49.4 million in Freddie Mac loans to refinance two assisted living/memory care communities in Carmichael, California and Denver, Colorado. First, Oakmont Senior Living received a $25.15 million loan, with a 10-year fixed rate and 30-year amortization, for its newly constructed 71-unit AL/MC community in Carmichael. Then, Spectrum Retirement Communities obtained a $24.25 million loan to refinance its 97-unit AL/MC community in Denver. The Freddie Mac Capital Markets Execution loan carried a seven-year term and three years of interest-only. Scott Kavel and Cary Tremper led the way for Greystone on these transactions. Also from Greystone, Mike Garbers and Cody... Read More »

Greystone and Oakmont at it again

by | Aug 19, 2015 8:32 am | Financings

Greystone expanded its relationship yet again with Oakmont Senior Living. Having previously provided a $150 million Freddie Mac credit revolver (including an additional $23.5 million tranche provided last month) and an $18.8 million Freddie Mac loan for Oakmont’s Fresno, California property, Greystone continued its work by closing a $58.34 million Freddie Mac refinance for Oakmont’s 163-unit independent living community in Santa Rosa, California. The financing came to $358,000 per unit. This 10-year loan was funded through Freddie Mac’s Index Lock product, which enables the borrower to lock in the existing 10-year Treasury rate prior to commitment. Greystone was able to procure a fixed... Read More »