• Quarterly Investor Call #1

    by | Apr 19, 2024 5:31 pm | Opinion

    Skip the in-person conference, and get the latest senior care M&A and valuations data, market analysis and case studies on notable deals by watching The SeniorCare Investor’s first ever Quarterly Investor Call. Read More »

  • Pacific Companies Acquires National Portfolio

    by | Apr 19, 2024 3:20 pm | Acquisitions

    Pacific Companies, LLC, a privately owned real estate private equity firm based in San Diego, California, acquired the majority of the not-for-profit Retirement Housing Foundations market-rate seniors housing and skilled nursing assets. Ziegler served as exclusive sell-side advisor to RHF on the transaction, which closed in phases throughout late... Read More »

  • Owner/Operator Chooses Refinance Over Sale

    by | Apr 19, 2024 3:19 pm | Financings

    A national owner/operator faced with an underperforming seniors housing property in Missouri and maturing debt on the property secured a refinance thanks to JD Stettin of Carnegie Capital. The borrower, which has over 30 properties in its portfolio, acquired the 45-unit assisted living community in late 2017.  Occupancy and cash flow... Read More »

  • Two Seniors Housing Communities in Indiana Trade Hands

    by | Apr 18, 2024 3:31 pm | Acquisitions

    Blueprint facilitated the divestment of two seniors housing communities in northwest Indiana. The value-add communities are in Michigan City and Merrillville and comprise 119 assisted living and memory care units. They had strong pre-pandemic financial performance but more recently benefited from a substantial Medicaid Waiver reimbursement rate... Read More »

  • Artemis/Bridgewood Acquire Texas Portfolio

    by | Apr 18, 2024 11:38 am | Acquisitions

    CBRE was engaged in the sale of four seniors housing communities in the Dallas, Texas MSA: Village on the Park Plano (Plano), Village on the Park Denton (Denton), Village on the Park Stonebridge Ranch (McKinney) and Village on the Park McKinney (McKinney). The communities comprise 366 total units of assisted living and memory care and were built... Read More »
Another Portfolio Deal From Blueprint

Another Portfolio Deal From Blueprint

by | Mar 28, 2018 7:00 am | Acquisitions

Blueprint Healthcare Real Estate Advisors didn’t have to go far to close its next portfolio deal. Michael Segal and Ben Firestone worked together out of the firm’s Chicago headquarters to sell three skilled nursing facilities in central Illinois. Totaling over 450 licensed beds, the portfolio was operating slightly above breakeven, with occupancy in the mid-80s. An experienced investor in the space and a Chicago-based operator teamed up to acquire and operate the portfolio, paying an undisclosed price. The deal follows Blueprint’s successful sale of three seniors housing properties in Utah to SmartStop Asset Management, arranged by Jacob Gehl, Amy Sitzman and Giancarlo Riso. It also comes... Read More »
SmartStop Shops In Seniors Housing For First Time

SmartStop Shops In Seniors Housing For First Time

by | Feb 27, 2018 4:25 pm | Acquisitions

There is a new entrant in the seniors housing market. Coming from the self-storage industry, California-based SmartStop Asset Management just acquired three seniors housing communities in Utah through its private REIT, Strategic Student & Senior Housing Trust, marking its first acquisition in the space. Totaling 294 units, the portfolio is located in the Salt Lake City MSA, and includes a 119-unit/140-bed assisted living community, a 111-unit/136-bed AL community (with balconies or patios at each unit) and a 64-unit/78-bed AL property that also offers short-term/respite care. They are not new properties (built from 10 to 30 years ago) but they operated very well under previous... Read More »