• Olympus Retirement Living Expands

    by | Mar 31, 2026 5:42 pm | Acquisitions

    The Zett Group closed the sale of a 63-unit assisted living/memory care community in the Boise, Idaho market. Set in the town of Emmett, Meadow View Senior Living was trending positively in its operations, but there was still some work to be done. An owner/operator engaged Blake Bozett and Spud Batt to sell the community to an undisclosed buyer.... Read More »

  • Large Senior Care Portfolio Trades Hands

    by | Mar 31, 2026 5:41 pm | Acquisitions

    A portfolio comprising senior care assets across Washington State recently sold with the help of JCH Senior Housing Investment Brokerage. At first, only one of the assets was brought to market, but an offer emerged for the entire nine-facility portfolio. The price for the skilled nursing, assisted living and independent living campuses ranged... Read More »

  • Stellar Senior Living and Clarion Partners’ Active March

    by | Mar 31, 2026 5:38 pm | Acquisitions

    Stellar Senior Living announced it completed three transactions with Clarion Partners in March. In one of the deals, they completed the recapitalization of The Gallery at Spokane in Spokane, Washington, which was rebranded as The Grand at Spokane. Developed in 2024 by NexCore Group, the community offers 137 independent living, assisted living and... Read More »

  • Otterbein Senior Life Affiliates with Michigan CCRC

    by | Mar 31, 2026 5:37 pm | Acquisitions

    A CCRC in Jackson, Michigan, is now a wholly owned subsidiary of Otterbein Senior Life. The campus features 318 independent living, assisted living and skilled nursing units/beds on 22 acres. Kauhale Healthcare Management began managing the community in 2022 following the purchase and refinancing of outstanding bonds by Lapis Advisers. Visa... Read More »

  • ESI Adds Capital Markets & Debt Advisory Team

    by | Mar 27, 2026 4:11 pm | Uncategorized

    Evans Senior Investments has expanded its platform to now include a dedicated Capital Markets & Debt Advisory team to source debt solutions for its clients. Complementary to its brokerage/investment sales services and benefitting from Evans’ robust lender network, the new platform will facilitate acquisition financings, refinancings,... Read More »
Evans Finds The Solution

Evans Finds The Solution

by | May 9, 2018 8:17 am | Acquisitions, Developments, Financings

Evans Senior Investments (ESI) closed on the sale of two properties in New York known as the Robinson Terrace Portfolio. It included a 120-bed skilled nursing facility that was built in Samford in 1973, and a 55-unit assisted living community built in 2011 two miles away. Despite the rural location, occupancy had been relatively high, above 90% at both facilities.   The problem, however, was the cost structure and the fact that the Medicaid census was high in both properties. The campus was owned and operated by a not-for-profit, and maybe because they were the low-cost providers in the area, the EBITA margin was a negative 20% or worse. High staffing costs combined with low Medicaid... Read More »