• Value-Add AL/MC Community Trades

    An institutional owner decided to divest a non-core asset, and engaged Jason Punzel, Vince Viverito, Jake Anderson and Taylor Graham of Senior Living Investment Brokerage to run the sale process. The asset is located in Hillsboro, Oregon (Portland MSA), and features 36 assisted living and memory care units, with 62 licensed beds. It was built in... Read More »
  • Brookdale Divests California Community to Public REIT

    Blueprint was engaged by an institutional, national owner/operator in the strategic disposition of a large rental CCRC in Bakersfield, California. The 20-acre campus was developed in 1999 and provides the whole continuum of care, including independent living, assisted living, memory care and skilled nursing across three large buildings and... Read More »
  • Two Midwest Assets Trade

    A couple of seniors housing communities traded in the Midwest, selling to a couple of growing owner/operators. First, in the Indianapolis area, The Kiser Group’s Mark Myers and SVN | Senior Living Advisors’ John Klement led the sale of a 157-unit seniors housing community featuring a mix of independent living, assisted living and memory care... Read More »
  • Assisted Living Portfolio Closes in Wisconsin

    Bob Richards of Senior Care Realty recently completed the sale of a five-property assisted living portfolio in Wisconsin, closing the deal in multiple tranches. Richards had worked with the seller, AC Capital, for 15 years, helping them grow their portfolio over the years. AC Capital also has self-managed the communities for the last decade. Now,... Read More »
  • 60 Seconds with Swett: Here We Go Again

    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 »
60 Seconds with Steve Monroe: The Right Place, Right Time

60 Seconds with Steve Monroe: The Right Place, Right Time

Are you tired of your sales and marketing staff wasting precious time with leads who either aren’t going to move in, or just plain don’t know what they want? Then have them read Ryan Frederick’s new book Right Place, Right Time: The Ultimate Guide to Choosing a Home for the Second Half of Life. Ryan is the CEO of SmartLiving 360. The book was actually written for the consumer to help them better navigate the choices of where and how to live later in life. But, it can serve as a very useful guide for senior living sales staff to consider what people are going through and to better formulate some of their questions for the prospects. The book’s various chapters cover such topics as: are you... Read More »
The 55+ Active Adult Market: The New Frontier of Seniors Housing

The 55+ Active Adult Market: The New Frontier of Seniors Housing

Judging by the number of questions we got during our May 16th webinar called “The 55+ Active Adult Market: The New Frontier of Seniors Housing,” it is safe to say that there is plenty of interest in this growing market. Our listeners tuned in to find out what prices active adult communities have been trading at, their cap rates, and what exactly operationally goes into this no-care and low-services senior living option. You can still listen here. Our Editor, Steve Monroe, and several experts that included Ryan Maconachy of Newmark Knight Frank, Ryan Frederick of SmartLiving 360 and Michael Hartman of Capitol Seniors Housing made up our panel, bringing in different perspectives on how to... Read More »