• Stand-Alone MC Community Trades in Arizona

    by | Apr 2, 2026 5:05 pm | Acquisitions

    Blueprint represented an institutional seller in the sale of its stand-alone memory care community in the Lake Havasu City-Kingman, Arizona MSA. Built in 2009, the asset features 48 units with 60 beds and received approximately $2 million in recent capital improvements. There is opportunity for occupancy growth and rental rate optimization. ... Read More »

  • Clarion Partners Continues Its Acquisition Streak

    by | Apr 2, 2026 4:56 pm | Acquisitions

    Clarion Partners continued on its acquisition streak, adding two communities in California to its growing portfolio. The latest deal featured The Commons on Thornton and The Commons at Union Ranch, two seniors housing communities totaling 198 units in California’s Central Valley. They were previously owned and operated by MBK Senior Living, which... Read More »

  • Multiple Senior Care Acquisition Financings Close

    by | Apr 2, 2026 4:55 pm | Acquisitions, Financings

    M&A transactions are getting done at a near-historic pace, and CIBC Bank USA recently financed three deals. The largest was $43.3 million in acquisition financing for two senior care assets in the Nashville area of Tennessee. The properties include a combined 310 independent living units, 273 skilled nursing beds and 93 assisted living/memory... Read More »

  • 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 »

Growth spurt

by | Sep 30, 2015 8:32 am | Acquisitions

Sabra Health Care REIT announced a pair of acquisitions, totaling almost $85 million. First the REIT purchased four senior living communities, with 214 total units, in the Pacific Northwest for $65 million, or $303,700 per unit. Three of the properties are located in Oregon and one in Washington, with a total of 122 assisted living units, 74 memory care units and 18 independent living units. Built between 1989 and 1995, with various renovations between 2003 and 2011, the portfolio averaged 96.4% occupancy in 2014 and operated at a 33% margin on $13.9 million of revenues, resulting in a 7.1% cap rate. Sabra leased the properties to Radiant Senior Living, with an initial term of 10 years and... Read More »

Record-high SNF price

by | Jun 26, 2015 8:30 am | Acquisitions

Have you ever seen a skilled nursing facility sell for over $300,000 per bed? Well, according to our data (which dates back to 1989), such a deal has not happened, until today. Sabra Health Care REIT, which recently acquired nine seniors housing properties in Canada (lowering its SNF exposure to approximately 50%), purchased four Maryland skilled nursing facilities with 678 beds for $234 million, or a whopping $345,100 per bed. When you look at the purchase price for three of the facilities (with 472 beds) at $175.2 million, the price per bed is an even higher $371,000. The fourth facility, which has a $10.8 million HUD loan with a 5.60% interest rate and sold for $58.8 million, was valued... Read More »

Sabra Collaborates with Leo Brown

by | Jun 10, 2015 8:32 am | Developments

Sabra Health Care REIT is getting more skin in the game in the development world, having announced a new pipeline agreement with Leo Brown Group (LBG) to help finance up to 10 new senior housing construction projects. Under the agreement, LBG will identify and secure construction financing for senior housing projects. Of those potential projects, Sabra will then have the right, through March 31, 2017, to provide a portion of the required equity financing for up to 10 projects through a preferred equity structure. Plus, at the time of the investment, Sabra will then obtain a purchase option for the community. The total purchase price for the projects is estimated to be approximately $250... Read More »

Another Holiday portfolio sells to a REIT

by | Apr 15, 2015 7:50 pm | Acquisitions

So goes another large portfolio of Holiday Retirement properties, with NorthStar Realty Finance’s acquisition of 32 independent living communities from affiliates of Harvest Facility Holdings, itself an affiliate of Holiday. The acquisition marks another step towards Holiday’s owner Fortress Investment Group’s goal of transforming Holiday into an operating company. In fact, since October 2013, Holiday has sold over 200 properties totaling about $5.1 billion. In that time, nearly all of those assets were sold to REITs, such as New Senior Investment Group, Sabra Health Care REIT, National Health Investors and Ventas, and that is no different in the most-recent transaction. NorthStar Realty... Read More »