• Eight Wisconsin Senior Care Assets Sell in Four Deals

    by | Nov 21, 2025 3:02 pm | Acquisitions

    Senior Care Realty had an active October, with a handful of deals closed by Chad Wegner and Bob Richards. The four transactions involved senior care assets spread throughout Wisconsin. In one of the transactions, Chad Wegner of Senior Care Realty sold four assisted living and memory care communities across two campuses in Wisconsin. The... Read More »

  • Public REIT Offloads SNFs Following Lease Non-Renewal

    by | Nov 21, 2025 2:48 pm | Acquisitions

    Blueprint started the fourth quarter well after selling a portfolio of skilled nursing facilities in Florida, California and Virginia, on behalf of a public REIT. The existing tenant elected not to renew its master lease, prompting the portfolio divesture. The first closing was completed in Florida for two high-quality SNFs. The two facilities... Read More »

  • Senior Care Owner/Operator Acquires AL Community

    by | Nov 21, 2025 2:45 pm | Acquisitions

    Dan Mahoney and Dillon Rudy of Blueprint were engaged by a Louisiana-based not-for-profit owner/operator to market a 40-unit assisted living community in the Inland Northwest region of Idaho. The property maintained a steady resident base and in-place HUD financing. The organization was divesting because the asset no longer geographically aligned... Read More »

  • Developer Divests to Capital Group

    by | Nov 21, 2025 2:42 pm | Acquisitions

    A Class-A seniors housing community near Wichita, Kansas, found a new owner thanks to Evans Senior Investments. The seller developed the community in 2014 and has operated it since then. There are 101 units of independent living, assisted living and memory care. Occupancy was consistent around 90%, and the operating margin was in the high-20s,... Read More »

  • Stellar Senior Living Finances Arizona Community

    by | Nov 21, 2025 2:40 pm | Acquisitions, Financings

    Marcus & Millichap arranged $22 million in financing for The Springs of Scottsdale, a 143-unit independent living community in Phoenix, Arizona. Paul Winterowd secured the financing with a national life insurance company on behalf of Stellar Senior Living. The sponsor secured a five-year loan at 60% loan-to-value, with a competitive interest... 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 »