• Stand-Alone MC Community Trades in Arizona

    by | Apr 2, 2026 5:05 pm | Acquisitions

    Blueprint represented an institutional seller in the sale of its stand-alone memory care community in the Lake Havasu City-Kingman, Arizona MSA. Built in 2009, the asset features 48 units with 60 beds and received approximately $2 million in recent capital improvements. There is opportunity for occupancy growth and rental rate optimization. ... Read More »

  • Clarion Partners Continues Its Acquisition Streak

    by | Apr 2, 2026 4:56 pm | Acquisitions

    Clarion Partners continued on its acquisition streak, adding two communities in California to its growing portfolio. The latest deal featured The Commons on Thornton and The Commons at Union Ranch, two seniors housing communities totaling 198 units in California’s Central Valley. They were previously owned and operated by MBK Senior Living, which... Read More »

  • Multiple Senior Care Acquisition Financings Close

    by | Apr 2, 2026 4:55 pm | Acquisitions, Financings

    M&A transactions are getting done at a near-historic pace, and CIBC Bank USA recently financed three deals. The largest was $43.3 million in acquisition financing for two senior care assets in the Nashville area of Tennessee. The properties include a combined 310 independent living units, 273 skilled nursing beds and 93 assisted living/memory... Read More »

  • Olympus Retirement Living Expands

    by | Mar 31, 2026 5:42 pm | Acquisitions

    The Zett Group closed the sale of a 63-unit assisted living/memory care community in the Boise, Idaho market. Set in the town of Emmett, Meadow View Senior Living was trending positively in its operations, but there was still some work to be done. An owner/operator engaged Blake Bozett and Spud Batt to sell the community to an undisclosed buyer.... Read More »

  • Large Senior Care Portfolio Trades Hands

    by | Mar 31, 2026 5:41 pm | Acquisitions

    A portfolio comprising senior care assets across Washington State recently sold with the help of JCH Senior Housing Investment Brokerage. At first, only one of the assets was brought to market, but an offer emerged for the entire nine-facility portfolio. The price for the skilled nursing, assisted living and independent living campuses ranged... Read More »
Summit Healthcare REIT Makes Large Portfolio Acquisition

Summit Healthcare REIT Makes Large Portfolio Acquisition

by | Jan 6, 2022 4:48 pm | Acquisitions

Summit Healthcare REIT is entering Georgia with the acquisition of eight skilled nursing facilities across the state. Purchased for $130 million, or $157,000 per bed, the portfolio comprises 826 licensed beds. That per-bed value is certainly high for SNFs, but these days with so many buyers on the hunt for few facilities, we’ve seen bids creep up and up. A wholly-owned subsidiary of Summit is purchasing the portfolio, which will be leased back to the existing operator on a triple net basis. The undisclosed operator has a strong existing presence in the Peach State. CIBC U.S. and Oxford Finance funded the debt on the transaction. With this deal and another acquisition closed in 2021, Summit... Read More »
Summit Healthcare REIT Buys Three SNFs

Summit Healthcare REIT Buys Three SNFs

by | Jul 9, 2021 8:46 am | Acquisitions

A wholly-owned subsidiary of Summit Healthcare REIT purchased three skilled nursing facilities in San Bernardino County, California with a total of 191 beds. The purchase price came to $20,055,000, or $105,000 per bed, higher than the average but well below the highest prices paid in the state.  The facilities will be triple-net leased to California-based Rockwell Healthcare, a new tenant for Summit Healthcare REIT. Summit is a registered non-traded REIT that focuses on seniors housing and care real estate in the U.S. Its current portfolio includes interests in 46 seniors housing facilities in 13 states.  Read More »
Lancaster Pollard Refinances Texas SNFs

Lancaster Pollard Refinances Texas SNFs

by | May 31, 2019 7:00 am | Financings

Four years on from their acquisition, four skilled nursing facilities owned by Summit Healthcare REIT refinanced through HUD, thanks to Jason Dopoulos of Lancaster Pollard. Located in Granbury, Woodville, Jacksonville, and Longview, Texas, Summit and its joint venture partner, Best Years, LLC, acquired the facilities in 2015 for $27 million, or $55,900 per bed. They were then leased back to the seller, a third-party operator. Fast forward to today, and Lancaster Pollard Mortgage Company provided $20.7 million in total HUD financing, the 17th completed deal closed for Summit by Lancaster Pollard. Totaling $120 million in par value, that’s a productive relationship. Read More »
Blueprint Closes Two Large Skilled Nursing Deals

Blueprint Closes Two Large Skilled Nursing Deals

by | Mar 22, 2019 7:00 am | Acquisitions

Blueprint Healthcare Real Estate Advisors closed a couple of sales in the Old Northwest. First, Amy Sitzman and Michael Segal represented Sioux Falls, South Dakota-based The Evangelical Lutheran Good Samaritan Society in the not-for-profit’s sale of three Wisconsin skilled nursing facilities. Considered to be non-core, these facilities feature 162 skilled nursing beds, 19 independent living units and 12 age-restricted apartments. They were originally built in 1960s but had maintained a good reputation. In addition, occupancy and quality mix were strong, but despite high per-resident-day revenues, expenses ran too high. Expense management will be the job of the new owner/operator, which is... Read More »
Lancaster Pollard Represents Hawkeye In Iowa Skilled Nursing Sale

Lancaster Pollard Represents Hawkeye In Iowa Skilled Nursing Sale

by | Dec 14, 2017 8:47 pm | Acquisitions, Financings

Chad Elliot, Quintin Harris and Kevin Laidlaw of Lancaster Pollard represented the seller of a six-facility skilled nursing portfolio in Iowa. Owned by Hawkeye Care Centers, these six facilities total 551 beds, with three of the properties featuring a small assisted living or independent living portion. Quality mix was high (over 50%) and operating margin averaged in the low teens, which is not too bad for skilled nursing in this market. The Lancaster Pollard team sold the portfolio to Summit Healthcare REIT for $29.5 million, or about $53,500 per bed. Summit entered into a triple-net lease agreement with Accura HealthCare, an Iowa-based operator with 18 facilities across the state.... Read More »