• Blueprint Closes Two Seniors Transactions in Ohio

    by | May 22, 2025 4:04 pm | Acquisitions

    Blueprint recently handled two transactions in Ohio. First, Conner Doherty and Ryan Kelly facilitated the sale of a seniors housing community in a desirable market in Ohio. The not-for-profit seller was The Heritage Retirement Community. Built in 2000, The Belvedere of Westlake comprises 24 assisted living and nine memory care units in Westlake.... Read More »

  • Invesque Shareholders to Vote on Two Proposals

    by | May 22, 2025 4:03 pm | Uncategorized

    Invesque has called a special shareholder meeting for June 18, 2025, where shareholders will vote on two proposals. First, they will consider enabling Invesque’s board to sell or lease substantially all of the company’s assets through one or more transactions. That could include direct asset sales, the sale of subsidiary equity, mergers, or other... Read More »

  • Dwight Mortgage Trust Finances Bridge Loan

    by | May 22, 2025 4:01 pm | Financings

    Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, financed a $20 million bridge loan for Bria of Palos Hills, a 207-bed skilled nursing facility in Palos Hills, Illinois (Chicago MSA). Originally built in 1980, the facility received a major renovation and expansion in 2016 with the addition of a two-story wing connected to the original... Read More »

  • Kisco Senior Living Buys Beds in North Carolina

    by | May 20, 2025 4:07 pm | Acquisitions

    Senior Living Investment Brokerage was engaged by a North Carolina-based skilled nursing owner to confidentially market and sell 75 adult care home beds in Wake County, North Carolina. The beds were affiliated with multiple skilled nursing facilities located across the county and were slated for sale because the owner was eliminating assisted... Read More »

  • Texas Capital Bank Provides Financing to Regional Operator

    by | May 20, 2025 4:04 pm | Financings

    A California-based regional senior care operator with more than 20 facilities across the western United States recently obtained a revolving credit facility, arranged by Grant Goodman of G Capital. Proceeds from the $30 million facility will be used to support working capital requirements and continue the owner’s strategic expansion as new... 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 »