• Brookdale Boosts Short Term Stability

    Brookdale Senior Living completed a series of financing transactions totaling approximately $600 million that refinanced all of its remaining 2026 mortgage debt and maturities, around $350 million, and a portion of 2027 mortgage debt maturities, approximately $200 million. The company also secured more fixed-rate debt, helping to cut rate risk.... Read More »
  • Ikaria Announces $1 Billion in Q4 Volume

    Ikaria Capital Group closed out a successful 2025, announcing several significant transactions in the fourth quarter that exceeded $1 billion in volume. The activity comprises financings in the seniors housing, skilled nursing and behavioral health sectors across multiple states and borrowers.  The largest deal was a $595.5 million senior... Read More »
  • PE Group Enters Oklahoma after Medicaid Rate Bump

    A skilled nursing facility in Oklahoma that recently benefited from the state’s Medicaid rate bump sold to a national private equity firm looking to enter the state. Built in 1967, Maplewood Care Center features 180 beds on over three acres in Tulsa. It is located close to several major hospitals and healthcare campuses, but occupancy was sitting... Read More »
  • Community Purchased through HUD Assumption

    Chad Mundy of the Knapp-Stahler Group of Marcus & Millichap sold an 82-unit assisted living/memory care community in Lewiston, Idaho. Built in phases in the early 2000s, the community featured five separate buildings, one of which was vacant after sustaining damage from a flood. As a result, occupancy was lower, based on the 89 licensed beds,... Read More »
  • The Zett Group Rounds Out Q4

    The Zett Group closed out Q4 with several closings in the Pacific Northwest. First was the sale of Fox Hollow, a 58-unit seniors housing community in Eugene, Oregon. Built in 1988 and renovated in 2003, the community features 51 assisted living units and seven independent living “cottage-style” units. Set in a nice area of Eugene, it was owned by... Read More »
Luxury Development By JV Underway in Florida

Luxury Development By JV Underway in Florida

A joint venture between Ryan Companies and Grand Living Management is set to begin the development of a luxury 206-unit senior living community in Naples, Florida. The developers acquired the 7.9-acre parcel of land for the project for $5.2 million according to Collier County Data. The JV also received a five-year, $48.7 million construction loan from Trustmark National Bank to support the development. Named Grand Living at Naples, the community will consist of 166 independent and assisted living units and 40 memory care units across 241,071 square feet and four stories. Amenities will include various dining spots, a library, club room, wellness center with a fitness area, a spa and a... Read More »
Seattle Seniors Housing Community Wraps Up Construction

Seattle Seniors Housing Community Wraps Up Construction

Wesley Homes, Presbyterian Homes & Services (PHS) and Ryan Companies teamed up nearly three years ago to develop a large senior living community in Seattle, and has recently completed the project.  The 405,992-square foot senior living community, called Wesley at Tehaleh, exists within the master-planned community of Tehaleh by Newland in Bonney Lake, a suburb of Seattle. The Tehaleh community is owned in a joint venture partnership between North America Sekisui House, LLC (NASH), and Newland, the master developer of the community. The 16.8-acre community features two buildings called The Lodge and The Brownstone, and consists of 18 memory care apartments, 168 independent living... Read More »
More Seniors Housing in Sarasota

More Seniors Housing in Sarasota

Sarasota, Florida, is getting another seniors housing development, set to open in 2019. The resort-style community will feature 82 independent living, 56 assisted living and 34 memory care units, along with a host of amenities that include a variety of dining options, a clubroom with a fireplace, a spa and fitness center with an outdoor pool, a theater and massage/exam rooms for rotating wellness providers. Ryan Companies is developing the property, with Grand Living as the operator. The team of David Fasano, Sarah Anderson, Ryan Maconachy and Chad Lavender of Holliday Fenoglio Fowler worked on behalf of Ryan Companies to arrange a $16.7 million joint venture equity partnership with Eagle... Read More »

In Indiana

Life Care Services (LCS) recently announced it was breaking ground on the Clarendale of Schererville in Schererville, Indiana, the third “Clarendale” property for LCS and construction partner Ryan Companies. The community will feature 177 units of independent living, assisted living and memory care at a cost of $40 million, or $226,000 per unit, to build. The two other “Clarendale” properties are located in Illinois: a 186-unit community in Algonquin and a 156-unit community in Mokena. While the newest property will be ready to open in spring 2017, it will not be short on company. There has been plenty of building going on in the state of Indiana, particularly in the Gary and Indianapolis... Read More »