• 60 Seconds with Swett: M&A Activity Tops 350 Deals in H1:25

    by | Jul 1, 2025 3:47 pm | 60 Seconds

    In the second quarter of 2025, there were 176 publicly announced transactions, a preliminary number that is almost certain to increase in the weeks ahead. That brings our total for the first half of the year to 355 deals, or 710 on an annualized basis. Considering we finished 2024 with 716 total deals, which was a record by far, we are in a good... Read More »

  • Bloom Exits South Carolina’s Seniors Housing Market

    by | Jul 1, 2025 3:46 pm | Acquisitions, Financings

    Kandu Capital, LLC, and its operating company, Bloom Senior Living, collectively known as Bloom, sold its final seniors housing community in South Carolina. The company is seeking realignment as it exits the state after a decade-long presence in the region. The 129-unit independent living and memory care community, which is in Bluffton, sold for... Read More »

  • Improving Ohio SNF Sees Strong Price

    by | Jul 1, 2025 3:44 pm | Acquisitions

    Ryan Saul of Senior Living Investment Brokerage secured a strong price for a skilled nursing facility in Cincinnati, Ohio. Built in 1965, the facility was originally licensed for 199 beds, but the decision was made to strategically reduce the beds to 167 to save on provider tax and improve the Medicaid rate.  The facility struggled for many... Read More »

  • Stacked Stone Ventures Makes Major SNF Acquisition

    by | Jul 1, 2025 3:43 pm | Acquisitions

    Stacked Stone Ventures, a real estate investment firm founded by Kent Eikanas, has made a major acquisition in the skilled nursing sector, acquiring nine skilled nursing facilities for approximately $33 million, or $66,000 per bed, at a 13% cap rate. Stacked Stone bought the portfolio in a joint venture with Praxis Capital from a large... Read More »

  • Tremper Capital Group Announces Two Refinances

    by | Jul 1, 2025 3:42 pm | Financings

    Tremper Capital Group announced a couple of refinances at the end of the second quarter for seniors housing clients. The first was arranged on behalf of Kisco Senior Living for its 333-unit entrance-fee CCRC in Palm Beach Gardens, Florida. Built in 2004, the campus was acquired by Kisco as part of a larger CCRC deal in 2013, and since then it... Read More »
Bridge Investment Group Bags Benton House Portfolio

Bridge Investment Group Bags Benton House Portfolio

by | Jan 30, 2019 7:00 am | Acquisitions

HFF used all of their Southeast expertise to sell an assisted living portfolio located in Georgia (3), Florida and South Carolina. The communities were previously owned by Principal Senior Living Group (PSLG) and operated under the Benton House brand. They were built between 2014 and 2018 and featured strong occupancy, except for the brand-new South Carolina community that was still in lease-up. Close to a third of the 326 units were reserved for memory care residents. Bridge Investment Group paid approximately $79 million, or over $240,000 per unit, for the portfolio, which will continue to operate under the Benton House brand. Ross Sanders and David Fasano along with senior managing... Read More »

Build with Grandbridge Real Estate Capital

by | Feb 7, 2017 8:42 pm | Developments, Financings

A brand-new seniors housing community is being built in Aiken, South Carolina (Augusta, Georgia MSA) with the help of a construction loan arranged by Richard Thomas and Meredith Davis of Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance Group. The 74-unit/80-bed to-be-built community is being developed by Principal Senior Living Group and will feature the “Benton House” brand name. Grandbridge originated a $10.66 million loan through BB&T Bank on behalf of the community. Read More »

Developer investing in Kansas City area

by | Apr 15, 2015 5:21 pm | Developments

Four years ago, Hunt Midwest, a real estate developer with a focus on industrial, commercial, retail, mission critical, multifamily, residential and senior living, invested $32 million to build four assisted living/memory care communities in the Kansas City metro area, all to be managed by Principal Senior Living Group under the “Benton House” brand. The final community of that investment just opened in Tiffany Springs, Missouri, but Hunt Midwest isn’t stopping there. The developer has already broken ground on two communities in Raymore and Blue Springs that will open later this year. Plus, there are two more set to break ground in Lenexa and Kansas City, which will bring the total for... Read More »