• Two Seniors Housing Communities in Indiana Trade Hands

    by | Apr 18, 2024 3:31 pm | Acquisitions | 0 comments

    Blueprint facilitated the divestment of two seniors housing communities in northwest Indiana. The value-add communities are in Michigan City and Merrillville and comprise 119 assisted living and memory care units. They had strong pre-pandemic financial performance but more recently benefited from a substantial Medicaid Waiver reimbursement rate... Read More »

  • Artemis/Bridgewood Acquire Texas Portfolio

    by | Apr 18, 2024 11:38 am | Acquisitions | 0 comments

    CBRE was engaged in the sale of four seniors housing communities in the Dallas, Texas MSA: Village on the Park Plano (Plano), Village on the Park Denton (Denton), Village on the Park Stonebridge Ranch (McKinney) and Village on the Park McKinney (McKinney). The communities comprise 366 total units of assisted living and memory care and were built... Read More »

  • Oklahoma Deal Overcomes Last-Minute Obstacles

    by | Apr 18, 2024 11:35 am | Acquisitions | 0 comments

    Plains Commercial Real Estate facilitated the sale of a skilled nursing facility in Oklahoma. The SNF was under legacy ownership and management, but the seller opted to divest to enter retirement and effectively exit the sector. Built in the 1960s, Latimer Nursing Home in Wilburton features 48 beds and occupancy hovered around 63% at the time of... Read More »

  • The Lodge at Mallard’s Landing Secures Refinancing

    by | Apr 18, 2024 11:33 am | Financings | 0 comments

    Northmarq handled a $35 million refinance of a senior care campus in Gig Harbor, Washington. Built in two phases from 2010 to 2015, The Lodge at Mallard’s Landing features 147 private pay independent living, assisted living and memory care units. The three-story main building comprises 98 IL/AL units and 24 IL cottages. The separate, two-story... Read More »

  • Bascom’s First Seniors Housing Acquisition of 2024

    by | Apr 16, 2024 4:01 pm | Acquisitions, Financings | 0 comments

    The Bascom Group, a private equity firm specializing in value-add multifamily, commercial and non-performing loans, real estate-related investments and operating companies, acquired a seniors housing community in Boulder City, Nevada, to expand its portfolio. This marks its fifth acquisition of 2024, but first in seniors housing, following the... Read More »

Blueprint Healthcare Real Estate Advisors Is Booming

by | Apr 7, 2017 7:03 am | Acquisitions | 0 comments

Blueprint Healthcare Real Estate Advisors has been on a roll recently, to say the least. Perhaps this sales spurt was kick started by some new energy entering the firm in the form of Pamela Pyms and Hayden Behnke of Pyms Capital Resources, because since that announcement, Blueprint has closed seven transactions accounting for 30 facilities. We detailed the first four in this month’s issue of The SeniorCare Investor, which will hit your desks next week. Which included Blueprint’s largest transaction of the bunch, involving 18 skilled nursing facilities and some 1,843 total licensed beds. Located in Kansas (9), Missouri (6), Iowa (2) and Nebraska (1), these midwestern SNFs were part of the... Read More »

Booming Blueprint

by | Mar 24, 2017 8:32 am | Acquisitions | 0 comments

Following Blueprint Healthcare Real Estate Advisors’ announced acquisition of Pyms Capital Resources, the brokerage firm highlighted its growing strength with two more deal closings in the middle of the country. First up, Christopher Hyldahl and Giancarlo Riso arranged the sale of a six-facility skilled nursing portfolio in Iowa on behalf of the local owner/operator seller. The portfolio, which includes 273 total dually-certified beds, offers a huge opportunity for improvement to the buyer, a New York-based owner/operator interested in expanding in Iowa. Built over the last 20 years by the seller, the portfolio was just 52% occupied at the time of the sale, but had a quality mix of... Read More »
Pyms Capital Resources Joins Blueprint Healthcare Real Estate Advisors

Pyms Capital Resources Joins Blueprint Healthcare Real Estate Advisors

by | Mar 22, 2017 8:31 am | Acquisitions | 0 comments

On the eve of NIC’s Spring Investment Forum in San Diego, Blueprint Healthcare Real Estate Advisors announced the joining of its firm with Pamela Pyms and Hayden Behnke of Pyms Capital Resources. Working together since 2011 out of Denver, Colorado, Ms. Pyms and Ms. Behnke not only bring their talent for deal making to Blueprint, but local market expertise of Colorado and the surrounding region. Pyms Capital Resources also helps developers source equity and debt, in addition to arranging partnerships among institutional investors and national operators. In Blueprint, Ms. Pyms and Ms. Behnke are joining a fast-growing brokerage firm with 45 transactions and $554 million in business closed in... Read More »

Rocky Mountain Expansion

by | Aug 19, 2016 8:31 am | Developments | 0 comments

Legacy Retirement Communities is slowly expanding out of its home state of Utah, where it already operates nine senior living communities. After opening its first out-of-state community in 2009 in Arizona, the company plans to open its second this fall in Las Vegas, Nevada. Now, Legacy has its eye on another state, having just acquired 6.73 acres in Castle Pines, Colorado for $2.1 million, or nearly $7 per square foot. Legacy plans to build a 178-unit senior living community with independent living, assisted living and memory care services. Pamela Pyms of Pyms Capital Resources represented the seller, Pinark LLC, in this transaction. Read More »