• 60 Seconds with Swett: Senior Care’s PR Problem

    by | Apr 29, 2026 8:15 am | 60 Seconds

    Recently, we have seen stories circulating about the connection between REIT ownership and the way skilled nursing facilities provide care, stemming from a study written by the nonprofit journalism outlet KFF Health News. We’ve seen this before, headlines like “real estate investors profit while patients suffer,” usually with graphic cases of... Read More »

  • Blueprint Sets Pricing Record in New York State

    by | Apr 28, 2026 4:45 pm | Acquisitions

    Blueprint advised a repeat private equity client in a record-setting sale of two standalone memory care communities in high barrier-to-entry submarkets in New York State. Combining for 104 units, these assets were purpose-built in the late 1990s and were stabilized at the time of the deal. Not only that, they were generating cash flow in excess... Read More »

  • CareTrust Keeps Its Foot on the Gas

    by | Apr 28, 2026 2:38 pm | Acquisitions, Financings

    CareTrust REIT has deployed nearly $1 billion in closed transactions so far this year, after closing around $1.8 billion in investment activity in 2025, and its pipeline includes $450 million of near-term, actionable opportunities, excluding larger portfolio transactions. The REIT announced that it closed a few separate transactions in mid-April,... Read More »

  • VIUM Capital Announces Slew of HUD Closings

    by | Apr 28, 2026 2:37 pm | Financings

    VIUM Capital closed four HUD 232/223(f) financings in March totaling more than $63 million across a mix of skilled nursing and seniors housing communities. Two of the financings involved skilled nursing facilities in Oklahoma totaling 176 beds. The assets were originally acquired as part of a larger portfolio and refinanced following a... Read More »

  • Lument Secures HUD Express Lane Transaction

    by | Apr 28, 2026 2:35 pm | Financings

    Lument closed a refinance through HUD’s Express Lane for a 120-unit seniors housing community in Lincoln, Nebraska. Built in 2017, Pemberly Place Senior Living features 132 licensed beds and offers independent living, assisted living and memory care services. It also has an on-site medical clinic to offer a range of other healthcare services. The... Read More »
Thank Wayne Kaplan

Thank Wayne Kaplan

by | Jan 30, 2019 7:02 am | 60 Seconds, Opinion

Offering free meals to federal workers without a paycheck is the way to go. For all of you who have descended on Los Angeles for the annual ASHA meeting this week, please thank Wayne Kaplan of Premier Senior Living for their generosity, and smarts. At the company’s 23 assisted living and memory care communities located in six states, they have been offering federal workers going without a paycheck free meals at their communities. It can be breakfast, lunch and dinner. While we don’t know how many people took them up on this offer, think of the goodwill it will generate across their locations, especially when the word gets out. We are making the assumption, of course, that the food is good.... Read More »

Lancaster Pollard Lands Another HUD Loan

by | Oct 20, 2017 7:00 am | Financings

Lancaster Pollard didn’t rest on its laurels for long. After HUD announced that Lancaster Pollard beat out all other HUD LEAN lenders in both number of transactions (79) and loan volume (nearly $770 million), the firm closed another HUD loan on behalf of Premier Senior Living. A group of seven of its senior care facilities in the Southeast were previously financed with bonds from a national bank that were set to mature in the fall of 2017. So, Ross Holland and Jason Dopoulos of Lancaster Pollard arranged a $47.1 million loan to refinance the portfolio, which included orchestrating a master lease and debt allocation for four of the communities. The loan also funds replacement reserves for... Read More »

Lancaster Pollard’s $50 Million Month

by | May 26, 2017 7:00 am | Financings

Lancaster Pollard showed off its financing prowess, closing a variety of transactions this month that totaled over $50 million. Bill Wilson first arranged a $9.5 million HUD loan on behalf of an Oklahoma City-based senior care operator to refinance one of its skilled nursing facilities and fund the recent construction of a therapy addition. Lancaster Pollard and the borrower have a strong relationship, working together on five transactions, totaling over $40 million, since 2014. Mr. Wilson, with assistance from Joe Munhall, also obtained a $17.4 million construction loan for a 120-unit senior living community (with independent living, assisted living and memory care) in Lincoln, Nebraska.... Read More »

CareTrust REIT’s Wisconsin senior care strategy

by | Feb 2, 2017 8:32 am | Acquisitions

CareTrust REIT just doubled down on its Wisconsin senior care strategy. Almost a year after acquiring an assisted living community in West Allis, Wisconsin from Priority Life Care (and then leasing it back), CareTrust is acquiring two more memory care communities in the Milwaukee MSA for approximately $26.1 million, or $296,591 per unit. The communities were well occupied (both at 97%) and relatively recently built (one property was built in 1997 and 2011 and the other was in 2013). Added to a master lease with Premier Senior Living for the remaining initial term of 14 years (with two five-year renewal options and CPI-based rent escalators), the communities are expected to generate annual... Read More »

CareTrust’s buying spree continues

by | Jun 3, 2016 8:31 am | Acquisitions

CareTrust REIT entered the Michigan market, acquiring four assisted living/memory care communities in the state for $30.8 million, or $163,830 per unit. The assisted living/memory care portfolio includes a 46-unit community in Clarkston, a just-built 40-unit community in Goodrich, a 62-unit community in Burton and a 40-unit community in Lapeer. Similar to previous transactions this year, CareTrust immediately leased the communities to an existing operating partner, this time the REIT amending a master lease with Premier Senior Living. The lease will generate approximately $2.7 million in annual rental revenue, but because of the brand-new Goodrich community, CareTrust gave Premier a... Read More »