• Stacked Stone Makes Another Acquisition

    by | Oct 16, 2025 4:51 pm | Acquisitions

    Stacked Stone Ventures, a real estate investment firm founded by Kent Eikanas, followed up on its October acquisition in Oklahoma with the purchase of two assisted living/memory care communities in Illinois, near the St. Louis MSA. Similar to the Oklahoma deal, Stacked Stone has made Illinois acquisition in a joint venture with the private equity... Read More »

  • Blueprint Handles Large SNF Deal in Pennsylvania

    by | Oct 16, 2025 4:50 pm | Acquisitions

    Not-for-profit to for-profit are not easy, and it took a two-year process for Blueprint to successfully close the sale of a 250-bed skilled nursing facility in Philadelphia, Pennsylvania. The property appears to be Cheltenham Nursing & Rehabilitation, one of three skilled nursing facilities owned by Dublin, Ohio-American Health Foundation... Read More »

  • JDI Realty Buys Alpharetta Asset

    by | Oct 16, 2025 4:48 pm | Acquisitions

    A partnership recently acquired Chapters Living of Alpharetta, a 79-unit assisted living/memory care community in Alpharetta, Georgia (Atlanta, MSA). Built in 2013, the high-quality community was previously known as Addington Place of Alpharetta. JDI Realty, in partnership with Purity Strategies and Chapters Senior Living, bought the community... Read More »

  • Class-A Active Adult Community Secures Refinance

    by | Oct 16, 2025 4:46 pm | Financings

    JLL Capital Markets arranged the refinancing for Connery on Providence, a newly built 200-unit active adult community in Charlotte, North Carolina. JLL represented Proffitt Dixon Partners in securing the loan through New York Life Insurance Company.  Connery on Providence is a Class-A 55+ rental community that occupies a 12.75-acre infill... Read More »

  • Public REIT Divests to Owner/Operator

    by | Oct 14, 2025 3:16 pm | Acquisitions

    Blueprint facilitated the sale of a Massachusetts skilled nursing facility on behalf of a public REIT in the senior care sector. The REIT determined that the facility was a strong candidate for sale due to its location. Plus, the former operator was switching focus to other assets in its mutual portfolio.  Purpose-built in 1982 with... Read More »

KeyBank does double-duty

by | Feb 24, 2016 8:30 am | Financings

John Randolph and Charlie Shoop of KeyBank’s Healthcare Mortgage Group recently arranged $47.7 million of permanent financing, which included a $28.5 million HUD loan and a $9.2 million Fannie Mae loan, to refinance a portfolio of six assisted living communities. The HUD loan featured a low fixed rate for 35 years, while the Fannie Mae loan was originated and closed within 50 days. The portfolio includes 319 units and is entirely located in North Carolina. With the funds, the borrower, Ridge Care Inc., improves its cash flow flexibility and will be able to both make capital improvements and grow its portfolio. Back in March 2015, Ridge Care also received a $59.8 million credit facility... Read More »