• Interview with Arnie Whitman and Meredith Oppenheim on VITALS

    by | Mar 6, 2026 3:47 pm | Interviews

    The SeniorCare Investor’s Ben Swett recently sat down with Meredith Oppenheim and Arnie Whitman to discuss their new framework for seniors housing operators to improve the quality of life for their residents, but also to position the sector for greater success and wider appeal in the future. Watch the conversation here. Read More »

  • Michigan-Based Owner/Operator Expands in Tampa MSA

    by | Mar 6, 2026 3:46 pm | Acquisitions

    American House Senior Living Communities added Beach House Assisted Living & Memory Care in Wesley Chapel, Florida (Tampa MSA), to its operating portfolio and renamed the property American House Wesley Chapel. The community features 67 assisted living and 33 memory care units with studio, one- and two-bedroom floor plans, some with balconies... Read More »

  • Seniors Housing Community Near Chicago Gets New Owner

    by | Mar 6, 2026 3:45 pm | Acquisitions

    SVN Chicago Commercial sold McKenzie Falls, an affordable seniors housing community in Bolingbrook, Illinois, roughly 30 miles southwest of downtown Chicago. The building was constructed in 2010 and spans 74,047 square feet across one story.  An undisclosed buyer acquired the 105-unit community for $6.7 million, or $63,800 per unit. Reid... Read More »

  • Healthpeak Properties Provides Janus Living Updates

    by | Mar 6, 2026 8:19 am | Acquisitions

    Healthpeak Properties’ recently formed seniors housing REIT, Janus Living, which will manage Healthpeak’s 34-community seniors housing portfolio, has filed a registration statement on Form S-11 with the SEC relating to a proposed initial public offering of its shares of Class A-1 common stock, which the company intends to list on the NYSE under... Read More »

  • SLIB Handles Senior Care Campus Deal in Missouri

    by | Mar 6, 2026 8:17 am | Acquisitions

    A Maryland-based owner/operator looked to expand its Missouri senior care portfolio with the purchase of Kingdom Care Senior Living in the town of Fulton. Built in 1980, the campus includes four independent living units, 26 assisted living units and 36 skilled nursing beds. It currently holds a five-star rating at the SNF and is the only... Read More »
Contemporary Healthcare Capital Does Mezz

Contemporary Healthcare Capital Does Mezz

by | May 10, 2018 2:18 pm | Acquisitions, Developments, Financings

Contemporary Healthcare Capital (CHC) completed two mezzanine loans to help buyers fund the purchase of skilled nursing facilities. The Portopiccolo Group, based in New Jersey, bought a 165-bed facility in Covington, Tennessee and borrowed a combined $8.755 million. CoastalStates Bank of Hilton Head provided the senior loan and CHC provided a $2.25 million mezzanine loan. In addition to funding the acquisition, proceeds were also used for about $600,000 in capital improvements.   In a larger deal, Citadel Care Centers bought a 246-bed skilled nursing facility in the Miami area of South Beach, Florida. New York City-based Valley National Bank provided the senior debt of the total $33.9... Read More »
Off To The Races

Off To The Races

by | May 10, 2018 2:09 pm | Acquisitions, Developments

Just as the horses were coming into the stretch at the Derby last Saturday, Blueprint Healthcare Real Estate Advisors was closing on the sale of two skilled nursing facilities in Kentucky. They were built in 1993 and 1999, and one of the facilities underwent a $1.7 million renovation in 2014. Combined occupancy was 80% with revenues of $10 million. The sales price was $7.5 million, or about $51,000 per bed. Chris Hyldahl, Gideon Orion, Michael Segal and Ben Firestone represented the California-based seller, and the buyer was ClearView Healthcare Management.   Just to the south, Brooks Blackmon and Trent Gherardini of Blueprint sold a 120-bed skilled nursing facility in Butler,... Read More »

Greystone Hat-Trick in New York

by | May 9, 2018 8:24 am | Acquisitions, Developments, Financings

Fred Levine of Greystone closed three HUD financings on the same day for an acquisition of three New York skilled nursing facilities. The $75 million loan, which comes to $133,690 per bed, financed three nursing facilities with 561 beds. They included Brookside Multicare in Smithtown (353 beds), White Plains Center for Nursing and Rehab in White Plains (88 beds), and Little Neck Nursing Center in Queens (120 beds). The Smithtown facility includes a pediatric unit and ventilator beds. Read More »