• Private Equity Firm Divests Portfolio to Chicago Investor

    Trinity Investors, a Texas-based private equity firm, sold a 224-unit portfolio of three seniors housing communities in Alabama that it acquired in tranches between 2022 and 2023 with a regional owner/operator. After the portfolio stabilized and capital was injected into the communities, Trinity recapitalized the venture in March 2025 with... Read More »
  • Underperforming Skilled Nursing Facility Trades in Ohio

    A 130-bed skilled nursing facility in Cincinnati, Ohio, sold to a regional owner/operator looking to expand its existing Ohio footprint. At the time of sale, the building was operating at a loss, but the buyer’s operational scale and market familiarity positioned the facility for a smooth transition and long-term repositioning. Blueprint... Read More »
  • Not-for-Profit Acquires from Not-for-Profit

    A not-for-profit organization recently divested a cash-flowing CCRC in Cortland, Ohio. It was looking to recycle capital and reinvest in its broader mission, and ultimately engaged Blueprint to help with the sale. The community, Ohio Living Lake Vista, comprises 39 skilled nursing beds and close to 100 independent living and assisted living... Read More »
  • NewPoint Originates Acquisition Financing

    NewPoint Real Estate Capital originated $53 million in bridge financing to facilitate Cougar Capital Management’s acquisition of a large portfolio of independent living communities in upstate New York. The 24-month, non-recourse floating-rate loan provided by a debt fund was originated by NewPoint’s Cal Masterson and Kevin Laidlaw. These five... Read More »
  • Financing Secured for Skilled Nursing Portfolio

    MONTICELLOAM, along with firm affiliates, provided $107 million in combined bridge and working capital financing to a four-facility skilled nursing portfolio in Florida. The transaction includes a $100 million bridge loan and a $7 million working capital line of credit. The loan proceeds will be used by the borrower, a returning MONTICELLOAM... Read More »
29th Street Capital Enters Senior Living Market

29th Street Capital Enters Senior Living Market

There’s a new private equity investor in the senior living market. 29th Street Capital, a firm focused on value-add purchases in the multifamily space, partnered with Knoxville, Tennessee-based developer/operator Solinity to make its first acquisition in the metro Atlanta area. The target was a 25-unit assisted living community in Norcross. Built 32 years ago, it is currently receiving renovations to its exterior, units and common areas to improve operations (and add value). 29th Street and Solinity renamed the community under their new brand, Enrich Senior Living. Look for the partners to grow their holdings across the Southeast. Read More »