• Newmark Facilitates Morgan Stanley/MorningStar Deal

    by | Dec 6, 2025 12:28 pm | Acquisitions

    Morgan Stanley Investment Management made a splash in announcing the acquisition of three Class-A seniors housing communities in the Denver, Colorado MSA. The communities comprised 463 units and were previously owned by Kayne Anderson Real Estate. They were managed by MorningStar Senior Living, which is based in Denver and staying on as operator... Read More »

  • Town Lane Announces First Deal with Arcole Platform

    by | Dec 6, 2025 12:26 pm | Acquisitions

    Town Lane, a real estate investment management firm, and Atlas Senior Living, a Birmingham-based seniors housing operator, acquired The Overlook at Suwanee, a 175-unit independent living, assisted living and memory care community in Suwanee, Georgia. The community was formerly Heartis Suwanee, which was built in 2018 by Caddis. Tremper Capital... Read More »

  • Evans Senior Investments Handles Two-SNF Trade

    by | Dec 6, 2025 12:25 pm | Acquisitions

    Two skilled nursing facilities in northeast Pennsylvania found a new owner, after its independent owner/operator decided to fully exit the business. Evans Senior Investments was the exclusive sell-side advisor on the deal, which featured the 133-bed/unit Ellen Memorial Health Care Center in Honesdale and the 115-bed Carbondale Nursing & Rehab... Read More »

  • Alabama AL/MC Asset Sells

    by | Dec 6, 2025 12:23 pm | Acquisitions

    Daniel Geraghty and Brad Clousing of Senior Living Investment Brokerage handled the sale of an assisted living/memory care community in Anniston, Alabama. The property underwent a full interior renovation in 2025 and was being sold by a Southeast-based owner that was exiting the industry. A publicly traded REIT, leveraging one of its existing... Read More »

  • SVN Senior Living Advisors Sells Two Texas SNFs

    by | Dec 6, 2025 12:22 pm | Acquisitions

    A regional owner/operator was looking to grow its portfolio in Texas and acquired two skilled nursing facilities totaling 188 beds in the state. SVN Senior Living Advisors (SVN SLA) represented the private seller, which had been referred to SVN SLA by one of its institutional lender clients. Managing Director Josh Salzman led an efficient and... 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 »