• 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 »

CareTrust REIT Closes Three SNF Deals

by | Sep 6, 2017 7:00 am | Acquisitions

CareTrust REIT clearly didn’t get that “Labor Day” is supposed to be a day of relaxation, not of, well, labor. Until the start of September, CareTrust had only announced four transactions, compared with the 13 announced in all of 2016. But the REIT ended summer with a bang, announcing three acquisitions comprising 13 total skilled nursing facilities and 1,232 total beds. CareTrust made its biggest splash in the Pacific Northwest and doubled its investment in two deals with its operating partner Cascadia Healthcare, LLC. The first transaction involved seven skilled nursing facilities and 571 beds located throughout Idaho, although the deal has only partially closed so far. It is supposed to... Read More »

Priority portfolio

by | Dec 2, 2016 8:30 am | Acquisitions

CareTrust REIT picked up a portfolio of skilled nursing facilities in the Dallas-Fort Worth area, adding a new tenant relationship in the process. Priority Management Group will take over operations, under a master lease agreement with CareTrust, at four recently built (or recently renovated) skilled nursing facilities that total 540 skilled nursing beds and 28 assisted living units. The portfolio is expected to generate first-year annual cash rent of $8.6 million, resulting in an initial cash yield of 8.9% on the $95.9 million, or $168,838 per bed, purchase price. We should note that the average price per bed for skilled nursing facilities in the four quarters ended September 30, 2016 is... Read More »