• 60 Seconds with Swett: The Fight between Brookdale and Ortelius

    by | Jun 24, 2025 3:52 pm | 60 Seconds

    It has been a bit amusing to see both Brookdale Senior Living and Ortelius Advisors claim victory with Institutional Shareholder Services’ report on the upcoming July 11th stockholders vote on the new slate of directors for the Board. For Ortelius, ISS recommended voting for Steven Vick and Lori Wittman, two of the six nominees that Ortelius put... Read More »

  • Newmark Closes Major Portfolio Deal

    by | Jun 24, 2025 3:49 pm | Acquisitions

    In one of the more significant deals to close so far in 2025, Newmark announced the off-market sale of a large portfolio spread across the United States. Totaling 900 units of independent living, assisted living, memory care and skilled nursing, the portfolio is located in Virginia, Georgia, Maryland, Indiana and Arizona. Little else has been... Read More »

  • Off-Market Transaction Closes in California

    by | Jun 24, 2025 3:48 pm | Acquisitions

    JCH Senior Housing Investment Brokerage was engaged in the sale of a well-established assisted living/memory care community with 86 units and 100 beds in Inland Empire, California. JCH was tasked with confidentially marketing the community to a select group of qualified buyers. There were multiple qualified offers, with a local operator being... Read More »

  • O&M Investments Acquires Nebraska Senior Care Portfolio

    by | Jun 24, 2025 3:47 pm | Acquisitions

    O&M Investments, LLC, led by Nick Martinez and Todd Okum, has expanded its footprint into Nebraska through an acquisition of a senior care portfolio. The seller was a mom & pop seeking an exit from the industry. Built in the 1970s and 1980s, the six senior care facilities are located in the Omaha MSA, comprising around 350 skilled nursing... Read More »

  • Berkadia Closes Four HUD Loans

    by | Jun 24, 2025 3:46 pm | Financings

    Within the past 30 days, Jay Healy and Andrew Lanzaro of Berkadia Seniors Housing & Healthcare have closed four HUD 232/223(f) loans totaling $64.4 million in aggregate proceeds. The loans were obtained on behalf of three sponsors and are secured by three seniors housing communities and a skilled nursing facility spanning Hawaii, Texas and... Read More »
Providence Group Acquires Plum Healthcare Group

Providence Group Acquires Plum Healthcare Group

by | Nov 9, 2021 4:37 pm | Acquisitions

Providence Group has acquired Plum Healthcare Group, California’s second-largest skilled nursing facility operator, in an effort to expand Providence’s reach in the western United States. The deal includes Plum’s 58 properties that sold for an undisclosed amount, including 57 nursing homes and one assisted/independent living community, plus the real property on ten of the assets. There are 54 facilities in California and four in Nevada. Capital Funding Group provided financing for the deal.  Plum’s average census as of November 5 was 83%, which is an enviable figure for many in the industry. Helping with the transition is the fact that Providence’s C-Suite leadership have worked with... Read More »
CareTrust REIT Acquires in California

CareTrust REIT Acquires in California

by | Nov 1, 2017 7:00 am | Acquisitions

CareTrust REIT is on a tear this year, having acquired 33 senior care properties since the start of 2017 and bringing its portfolio to 184 total properties. In all of this activity, CareTrust has also not been limited to a specific geography, making acquisitions in 10 states across the country. Despite being headquartered in San Clemente, California, CareTrust waited until Halloween to make its first Golden State acquisition of the year, and entered into a new tenant relationship at the same time. The REIT announced it had bought three skilled nursing facilities, totaling 528 beds, in Southern California for approximately $69 million, or about $130,700 per unit. Operating the facilities... Read More »