• West Coast and Northeast Skilled Nursing Facilities Sell

    by | Mar 13, 2026 3:56 pm | Acquisitions

    Walker & Dunlop’s Gideon Orion has announced several recent skilled nursing sales on the West Coast and the Northeast. First, he teamed up with Tony Cassie to sell a 69-bed skilled nursing facility in Bellevue, Washington, on behalf of a family office seller. The facility could use some operational improvements. An undisclosed buyer paid... Read More »

  • Investor Acquires Community Out of Receivership  

    by | Mar 13, 2026 3:26 pm | Acquisitions

    Fortress Investment Group acquired an assisted living/memory care community in Palm Coast, Florida, in a court-approved sale process. Built in 2018 just a mile from the Atlantic Ocean, the community features 130 units on an 11.4-acre site. There are 86 assisted living units and 22 memory care units, along with 22 “enhanced” assisted living... Read More »

  • Seniors Housing Deals Close Across Several Markets

    by | Mar 13, 2026 3:22 pm | Acquisitions

    Coming off of a successful 2025 with 32 separate transaction closings totaling more than $900 million in volume, the Walker & Dunlop investment sales team is off to a strong start in 2026 with a number of seniors housing and healthcare real estate transactions closed in the first quarter, so far. The deals spanned several markets, and the... Read More »

  • Selectis Health Divests Two SNFs to Journey

    by | Mar 13, 2026 3:07 pm | Acquisitions

    Selectis Health is selling two skilled nursing facilities in Georgia to the skilled nursing operator Journey. The deal included the 101-bed Glen Eagle Healthcare in Abbeville and the 100-bed Rehab and Eastman Healthcare and Rehab in Eastman. Journey-affiliated entities will purchase the pair for $15.7 million, or $78,100 per bed, subject to... Read More »

  • Sonida Closes CNL Acquisition, Reports Q4 Results

    by | Mar 12, 2026 2:26 pm | Acquisitions

    On the same day as fourth quarter and year-end 2025 financial results were announced, Sonida Senior Living closed on its previously announced acquisition of CNL Healthcare Properties (CNL). The transaction value was approximately $1.8 billion and included a combination of cash (32%) and stock (68%). Because Sonida’s share price had risen above... Read More »
Nice Sale In Bluewater Bay, Florida

Nice Sale In Bluewater Bay, Florida

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

American House Senior Living Communities continued its growth in Florida with the acquisition of a 94-unit independent living community, its seventh senior living property in the Sunshine State. There are plenty of things going for this property. It is located in the mixed-use residential/resort community of Bluewater Bay, adjacent to Elgin Airforce Base. So, in addition to enjoying the local amenities, the property also draws some of its census from affluent retired military officers. There is also a large fifth floor bar and lounge, a movie theater, heated pool, full-service concierge and valet parking. It was developed in 2015 by a partnership between Bluewater Commercial Developers,... Read More »
Buyers See Potential In Wildwood Independent Living Community

Buyers See Potential In Wildwood Independent Living Community

by | Sep 20, 2017 2:24 pm | Acquisitions

Joint venture partners Harrison Street Real Estate Capital, REDICO and American House Senior Living Communities clearly eyed potential at a newly built independent living community in Wildwood, Florida (near The Villages). Built in 2013, the community features 173 units ranging in size from 500 to 1,090 square feet. Based on a 30% operating margin on approximately $5.3 million of in-place revenues, and occupancy of 90% at the time of sale, we have estimated the cap rate to be about 5.2%.  Both occupancy and margins could be improved, with a good amount of hard work, of course. Since assuming management, American House has added private duty personal care services through Allegiance... Read More »
After Assuming Operations, American House Acquires Too

After Assuming Operations, American House Acquires Too

by | Aug 31, 2017 7:34 pm | Acquisitions

Michigan-based real estate developer REDICO, through its senior living affiliate American House, acquired its first 100% independent living community in the state of Florida when it purchased a 173-unit community in Wildwood. American House had assumed management of the property in March 2017, and has added personal care services through Allegiance Home Care Services, Inc. Unit sizes range from 500-square foot studios to 1,090-SF two-bedroom suites, and amenities include an outdoor heated exercise pool/spa, putting green, shuffleboard court, card/billiard rooms and a full-service bar and restaurant, among others. The acquisition brings American House’s presence in The Sunshine State to six... Read More »

People on the move, November 2015

by | Dec 4, 2015 8:32 am | Opinion

Clearly in the holiday spirit, several companies have recently announced new hires or promotions. First, REDICO, a real estate development and investment company, promoted Samantha Eckhout to VP of Development and Tim McCafferty to VP of Construction. Both have backgrounds as project managers for REDICO, which is working on building its development pipeline. Next up, HFF hired Peter Rotchford as director of its New York office. Coming from Avison Young, Mr. Rotchford will be focused on fixed- and floating-rate debt and equity placement transactions. Finally, Lancaster Pollard promoted both Robert Baxter and Ryan Miles to senior vice president. Mr. Baxter has been with the firm since 2005,... Read More »