• CBRF Trades in Wisconsin

    A community-based residential facility in southern Wisconsin came under new ownership. The seller had acquired the facility a couple of years ago and brought it to stabilization. They also conducted renovations in 2025 on the physical plant, which was originally built in 2001. The ultimate buyer was a Midwest ownership group that was looking to... Read More »
  • Watch The SeniorCare Investor’s Q1 Investor Call

    The SeniorCare Investor convened a panel on April 23 to discuss key topics front and center for investors. Ben Swett, Managing Editor of The SeniorCare Investor, moderated the discussion. Blueprint sponsored the Q1 2026 Investor Call webinar, with Kyle Hallion, Senior Director at Blueprint, joining. Investment firm perspectives came from Natalie... Read More »
  • Not-for-Profit Joint Venture Acquires IL Community

    Blueprint closed the sale of Parkwood Retirement, a 147-unit independent living community in Bedford, Texas (Dallas-Fort Worth MSA). Sitting adjacent to the Texas Health HEB hospital campus, Parkwood has demonstrated consistent and strong operating performance, with occupancy hovering around 95% for several years. There was still some meaningful... Read More »
  • Senior Care Portfolio Secures HUD Financing

    A senior care portfolio secured $64.96 million in HUD financing for the refinance of three properties in Pennsylvania. Greystone provided the financing, with the deal originated by Christopher Clare and additional team members including David Young, Ben Rubin, Ryan C. Harkins, Parker Nielsen and Liam Gallagher assisting on the transaction. The... Read More »
  • National Health Investors’ CFO Retires

    National Health Investors’ John Spaid, Executive Vice President and CFO, will retire effective July 1, 2026. The company will appoint Todd Siefert as Executive Vice President Corporate Finance, effective June 1, 2026, and he will succeed Spaid as CFO. Also as part of the transition, Dana Hambly has been promoted to Senior Vice President of... Read More »
Nice Sale In Bluewater Bay, Florida

Nice Sale In Bluewater Bay, Florida

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

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

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

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 »