• Brookdale Boosts Short Term Stability

    Brookdale Senior Living completed a series of financing transactions totaling approximately $600 million that refinanced all of its remaining 2026 mortgage debt and maturities, around $350 million, and a portion of 2027 mortgage debt maturities, approximately $200 million. The company also secured more fixed-rate debt, helping to cut rate risk.... Read More »
  • Ikaria Announces $1 Billion in Q4 Volume

    Ikaria Capital Group closed out a successful 2025, announcing several significant transactions in the fourth quarter that exceeded $1 billion in volume. The activity comprises financings in the seniors housing, skilled nursing and behavioral health sectors across multiple states and borrowers.  The largest deal was a $595.5 million senior... Read More »
  • PE Group Enters Oklahoma after Medicaid Rate Bump

    A skilled nursing facility in Oklahoma that recently benefited from the state’s Medicaid rate bump sold to a national private equity firm looking to enter the state. Built in 1967, Maplewood Care Center features 180 beds on over three acres in Tulsa. It is located close to several major hospitals and healthcare campuses, but occupancy was sitting... Read More »
  • Community Purchased through HUD Assumption

    Chad Mundy of the Knapp-Stahler Group of Marcus & Millichap sold an 82-unit assisted living/memory care community in Lewiston, Idaho. Built in phases in the early 2000s, the community featured five separate buildings, one of which was vacant after sustaining damage from a flood. As a result, occupancy was lower, based on the 89 licensed beds,... Read More »
  • The Zett Group Rounds Out Q4

    The Zett Group closed out Q4 with several closings in the Pacific Northwest. First was the sale of Fox Hollow, a 58-unit seniors housing community in Eugene, Oregon. Built in 1988 and renovated in 2003, the community features 51 assisted living units and seven independent living “cottage-style” units. Set in a nice area of Eugene, it was owned by... Read More »
Evans Senior Investments Structures Sale of Brand-New Tampa Community

Evans Senior Investments Structures Sale of Brand-New Tampa Community

A publicly traded REIT picked up a brand-new senior living community in Tampa, Florida, and we mean brand-new. Opened just this summer, the community was developed by Lindell Investments Inc. and Solutions Advisors, whose affiliate Solvere Living was also the operator. Featuring 64 assisted living and 38 memory care units, its total development cost was estimated to be $27.5 million, or around $270,000 per unit. The census, although still in fill-up, is 100% private pay. Amenities include a bistro and bar, a fitness center, and a salon and spa. The REIT buyer paid $28.75 million, or $281,900 per unit, for the community and will bring in a regional operator to manage it. The first task,... Read More »
Amenity-Rich Independent Living Opening in Virginia

Amenity-Rich Independent Living Opening in Virginia

A brand-new independent living community is set to open this month in the Richmond, Virginia market to the tune of $31.6 million, or $213,500 per unit, to build. Featuring 10 different floor plans and one- or two-bedroom unit options, the Henrico community is located adjacent to a gated active adult community, where its resident will have access to the amenities. However, it also has its own numerous amenities, including an indoor pool, movie theater, four dining venues and a gazebo complete with fire pits and a full-service bar, to name just a few. Arlington, Virginia-based Bonaventure Realty Group developed the luxury community, and Solvere Living, an affiliate of Solutions Advisors... Read More »
Evans Senior Investments Structures Sale of Brand-New Tampa Community

Solvere Living Adds Three More Communities

After 10 years in business, Solvere Living continues to expand its portfolio of managed senior living communities, recently adding three more in Texas and Florida to bring its total to 15 properties across eight states. The Texas community is located in Plano near three major medical centers. It features 44 assisted living and 21 memory care units on a four-acre campus. Then, Solvere added two Florida facilities. One, with 83 assisted living and 38 memory care units, is located in Jensen Beach (Port St. Lucie area) and features amenities including a pool, salon, spa, putting green and an outdoor entertainment center, among others. There is also an in-house rehabilitation clinic for... Read More »