• 60 Seconds with Swett: Here We Go Again

    by | May 20, 2026 8:33 am | 60 Seconds, Opinion

    AARP just published a report on assisted living, and all I can say is, here we go again. It concludes that “the state of assisted living today is cause for concern for many stakeholders. The lack of national federal standards for care centers creates an underregulated space.” It continues on, stating that the “absence of national oversight,... Read More »

  • Two Seniors Housing Sales Close

    by | May 20, 2026 8:29 am | Acquisitions

    Senior Living Investment Brokerage is continuing on its hot streak this month, closing two additional deals in Alabama and Florida. In the Alabama transaction, Dan Geraghty and Brad Clousing represented a large national owner/operator that was resizing its portfolio to concentrate on its core market. So, the company divested an assisted... Read More »

  • Selectis Health Exits Georgia

    by | May 20, 2026 8:27 am | Acquisitions

    Selectis Health, Inc. has completed its exit from Georgia with the help of Michael Segal and Daniel Waldhorn of Blueprint. In the beginning of the year, Selectis Health divested Providence of Sparta Health and Rehab and Warrenton Health and Rehab to Journey, also with the help of Segal and Waldhorn (more on that deal can be found here). The... Read More »

  • Joint Venture Divests Third Class-A Asset

    by | May 20, 2026 8:25 am | Acquisitions

    Caddis Partners and Singerman Real Estate have divested another seniors housing community, Heartis Fayetteville. This comes shortly after the joint venture’s sale of Heartis Venice and Heartis Longview. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia Seniors Housing & Healthcare represented the seller in all three... Read More »

  • Bonds Issued for Independent Living Expansion

    by | May 20, 2026 8:24 am | Developments, Financings

    Ziegler closed John Knox Village’s $47.85 million Series 2026A, B-1, B-2 and B-3 bonds issued through the City of Lee’s Summit, Missouri. John Knox Village (JKV), a Missouri not-for-profit corporation, is a CCRC consisting of 1,038 independent living units, 180 assisted living units and 121 skilled nursing beds. This transaction marks JKV’s... Read More »
Reis Helps California Assisted Living Owner Exit the Business

Reis Helps California Assisted Living Owner Exit the Business

by | Dec 4, 2019 8:33 am | Acquisitions

Rob Reis of Marcus & Millichap recently sold a 45-unit assisted living community in Modesto, California, representing the single-asset owner/operator who was looking to exit the business. The seller developed the property in the 1980s, and has operated it ever since. Occupancy was 84%, and it was bringing in nearly $385,000 in NOI on approximately $1.5 million of revenues, for a 25% margin. Not bad for an older building, but it could still be improved. The buyer was Senior Living West, a growing investor/asset manager in seniors housing, which purchased the community utilizing a regional management organization, Cimino Care. They clearly didn’t want to waste any time starting, as the... Read More »