• 2nd Quarter Investor Call: The Great Debates of Senior Care

    by | Jul 18, 2025 2:23 pm | Opinion

    On Thursday, July 17, Managing Editor of The SeniorCare Investor Ben Swett hosted SCI’s latest webinar, dubbed The Great Debates of Senior Care, with panelists ​​Dan Revie of Ziegler, Scott Hougham of Sage, and Michael Feinstein of Focus Healthcare Partners. Issues such as the chances of having a unit shortfall, whether cap rates are too low, the... Read More »

  • Ventas Acquires in Washington State

    by | Jul 18, 2025 2:20 pm | Acquisitions

    Ventas expanded its portfolio through a recent acquisition of a seniors housing community in Washington State. Built in 2003, MorningStar at Silver Lake is in Everett, Washington, with 113 independent living and 35 assisted living units. The in-place operator will continue to manage the community going forward. MorningStar Senior Living has been... Read More »

  • Chicago Pacific Founders Acquires Class-A Communities

    by | Jul 18, 2025 2:18 pm | Acquisitions, Financings

    Berkadia handled the sale and financing of two Class-A independent living, assisted living, and memory care communities: Grand Living at Citrus Hills and Grand Living at Bridgewater. The pair of seniors housing communities have a combined total of 337 units, and are located in Hernando, Florida, and Coralville, Iowa, respectively. Managing... Read More »

  • Blueprint Closes Lease-to-Purchase Transaction

    by | Jul 18, 2025 2:17 pm | Acquisitions

    A large New York-based seniors housing owner engaged Blueprint to explore the sale of an 80-unit assisted living/memory care community in Harrisburg, Pennsylvania. Kory Buzin and Steve Thomes handled the transaction. Ownership acquired the asset several years prior while in distress and brought on Viva Senior Living as manager to execute a... Read More »

  • BHI Provides Bridge Loan

    by | Jul 18, 2025 2:16 pm | Acquisitions, Financings

    BHI, the U.S. branch of Bank Hapoalim B.M., provided $49 million in bridge-to-HUD financing for a portfolio of three seniors housing communities in the suburbs of Detroit. The portfolio consists of Hampton Manor of Dundee, Hampton Manor of Trenton and Hampton Manor of Hamburg. Together, the communities total 221 units, with 171 assisted living... Read More »
Evans Senior Investments Shows Variety In Latest Closings

Evans Senior Investments Shows Variety In Latest Closings

by | Nov 7, 2018 7:01 am | Acquisitions

Evans Senior Investments displayed some variety in its two latest transactions. First, the firm closed the sale of a 30-unit/60-bed memory care community located about five miles southwest of Las Vegas, Nevada. Built in 2010, the community was formerly owned and operated by Genesis Healthcare, and although it had 100% private pay residents, occupancy was just 61% at the time of listing. A private equity firm with a local footprint around Sin City saw the opportunity to add value ended up buying the community for $2.1 million, or $70,000 per unit, bringing in Pacifica Senior Living to operate. Switching gears slightly, Evans Senior Investments then worked to procure a new tenant for an... Read More »

Here’s hoping for smooth sailing

by | Oct 13, 2016 5:24 pm | Acquisitions

A 50-unit memory care community in Costa Mesa, California is hoping for a more stable, and successful, future following its recent sale to Pacifica Senior Living. Built in 1992, the community underwent a substantial $1.72 million renovation to its common areas and units in 2011. However, in the past five years, a number of operational changes damaged the facility’s brand name as each operator had different visions of how to run the property. Occupancy ultimately suffered, falling to 70% early this summer, and the community was losing money. But for Pacifica, there is plenty of upside. Rents are currently below market rates at nearby competitors, and with nearly all semi-private units... Read More »