• 60 Seconds with Swett: The Problem with CMS Interpretive Guidelines

    Just a day after we highlighted the potential downsides of overregulation of assisted living from the federal level, a case of regulatory overreach involving a nursing home just headed to the U.S. Court of Appeals for the Fourth District in hopes of overturning a $1.8 million civil monetary penalty. Without getting into the minutiae too much, the... Read More »
  • Kayne Anderson Fund Tops Target

    The familiar refrain continues, with more capital continuing to flow into the seniors housing industry, property prices should keep rising. Kayne Anderson Real Estate, the real estate private equity arm of Kayne Anderson Capital Advisors, L.P., has closed the largest opportunistic equity fund in its history, at more than 70% above its initial... Read More »
  • Well-Performing Full-Continuum Community Sells

    Blueprint announced its role in the sale of Morningstar at Golden Ridge, a seniors housing community in Peoria, Arizona (Phoenix MSA). Built in 2019, the community has 38 independent living, 65 assisted living and 35 memory care units. It is nearly fully occupied. The community is one of the newest and most well-appointed assets within a... Read More »
  • Kaplan Development Divests to Cedarwood Group

    Cedarwood Group closed its acquisition of Saranac Village at Will Rogers, a 75-unit independent living community in Saranac Lake, New York. The seller was Kaplan Development Group, which took over Will Rogers after the first year of it being open as a senior living community. The community was originally built in 1928 as a Tudor-style... Read More »
  • Omega Welcomes New CEO and CFO

    Omega Healthcare Investors, Inc.’s President, Matthew Gourmand will become the REIT’s Chief Executive Officer in conjunction with the planned retirement of Taylor Pickett, effective October 1, 2026. Pickett will also step down from the Board of Directors upon his retirement, and the Board of Directors intends to appoint Gourmand to the Board,... Read More »
Senwell Sells Indiana “Green House” SNF

Senwell Sells Indiana “Green House” SNF

A month after closing an assisted living community sale in North Carolina, Senwell Senior Investment Brokerage switched gears to the skilled nursing market to sell a small facility in Goshen, Indiana. Opened in 2018 by an owner/operator, the facility consists of four homes in the “Green House” style, each with 12 private rooms.   Each home has a family room, dining room and kitchen, with an open concept. That separation may have also played a role in reducing the risk of COVID-19 outbreaks too. And it clearly worked at this location, as it quickly filled up with mostly Medicare and private pay residents. The community also operated at a strong EBITDAR margin. Ben Bohland... Read More »
Senwell Senior Investment Advisors Closes North Carolina Deal

Senwell Senior Investment Advisors Closes North Carolina Deal

With over 50 years of operating experience in the senior care market, a family owner/operator decided to sell its 55-bed assisted living community in Wake County, North Carolina. After several unsuccessful attempts to sell the property, the owners turned to Brandon Bohland of Senwell Senior Investment Advisors to help with the disposition. The renewed process generated interest from multiple parties, and ultimately a prominent operator in the Southeast stepped in to acquire the community.  Read More »
Senwell Arranges Another SNF Bed Sale

Senwell Arranges Another SNF Bed Sale

We’ve seen many skilled nursing facilities close this year and many long-time owner/operators exit the industry altogether, citing its more complicated regulations, difficult operating environment and capex needs. Bucking that trend, a regional skilled nursing operator in Ohio wanted to build a brand-new, state-of-the-art facility in Franklin County (outside of Columbus), but didn’t have the bed licenses. And they needed a significant number of them. So, Ben Bohland of Senwell Senior Investment Advisors worked to find a seller, guide them both through the CON application process and close the deal by year-end. One seller emerged, a national senior care operator that was changing its... Read More »
Senwell Senior Investment Advisors Sells Kentucky SNF

Senwell Senior Investment Advisors Sells Kentucky SNF

Ben Bohland and Brandon Bohland of Senwell Senior Investment Advisors announced the successful sale of a 73-bed skilled nursing facility in the Purchase Region of Graves County, Kentucky (the notch in the southwest part of the state). The facility’s seller was looking to exit in order to focus on their core assets, and to do so confidentially. So, in an off-market sale, Senwell found an exclusive buyer who has been expanding in the region to quickly and quietly close the transaction. The new owner plans to use that scale to reduce expenses. Read More »