• West Coast and Northeast Skilled Nursing Facilities Sell

    by | Mar 13, 2026 3:56 pm | Acquisitions

    Walker & Dunlop’s Gideon Orion has announced several recent skilled nursing sales on the West Coast and the Northeast. First, he teamed up with Tony Cassie to sell a 69-bed skilled nursing facility in Bellevue, Washington, on behalf of a family office seller. The facility could use some operational improvements. An undisclosed buyer paid... Read More »

  • Investor Acquires Community Out of Receivership  

    by | Mar 13, 2026 3:26 pm | Acquisitions

    Fortress Investment Group acquired an assisted living/memory care community in Palm Coast, Florida, in a court-approved sale process. Built in 2018 just a mile from the Atlantic Ocean, the community features 130 units on an 11.4-acre site. There are 86 assisted living units and 22 memory care units, along with 22 “enhanced” assisted living... Read More »

  • Seniors Housing Deals Close Across Several Markets

    by | Mar 13, 2026 3:22 pm | Acquisitions

    Coming off of a successful 2025 with 32 separate transaction closings totaling more than $900 million in volume, the Walker & Dunlop investment sales team is off to a strong start in 2026 with a number of seniors housing and healthcare real estate transactions closed in the first quarter, so far. The deals spanned several markets, and the... Read More »

  • Selectis Health Divests Two SNFs to Journey

    by | Mar 13, 2026 3:07 pm | Acquisitions

    Selectis Health is selling two skilled nursing facilities in Georgia to the skilled nursing operator Journey. The deal included the 101-bed Glen Eagle Healthcare in Abbeville and the 100-bed Rehab and Eastman Healthcare and Rehab in Eastman. Journey-affiliated entities will purchase the pair for $15.7 million, or $78,100 per bed, subject to... Read More »

  • Sonida Closes CNL Acquisition, Reports Q4 Results

    by | Mar 12, 2026 2:26 pm | Acquisitions

    On the same day as fourth quarter and year-end 2025 financial results were announced, Sonida Senior Living closed on its previously announced acquisition of CNL Healthcare Properties (CNL). The transaction value was approximately $1.8 billion and included a combination of cash (32%) and stock (68%). Because Sonida’s share price had risen above... Read More »

Summit Healthcare buys at peak pricing

by | Sep 7, 2016 8:20 am | Acquisitions

We write in the September issue of The SeniorCare Investor that after a four-year surge, skilled nursing valuations may be at a peak. We give many reasons why the sector is currently valued so high (rightfully so) but also why it probably won’t rise any higher. But in the meantime, high-valued deals are still closing, including Summit Healthcare REIT’s acquisition of an interest in two Delaware skilled nursing facilities for a total purchase price of $54.1 million, or $162,952 per bed. The REIT made the acquisition through a joint venture between its wholly owned subsidiary, Summit Healthcare Operating Partnership, LP and Best Years, LLC, a wholly owned subsidiary of the Chinese... Read More »

LTC Expands with Thrive

by | Jul 20, 2016 8:30 am | Acquisitions

LTC Properties (NYSE: LTC) expanded its relationship with Thrive Senior Living, acquiring and then leasing another property to the Atlanta-based operator for $14.3 million, or $204,286 per unit. Receiving its Certificate of Occupancy in May 2016, the community in Athens, Georgia was actually developed by a joint venture between Thrive, Paragon Real Estate and Summit Healthcare REIT. It features 50 assisted living and 20 memory care all-private pay units, and was added to an existing master lease agreement at an initial incremental yield of 8.0%. This expands LTC’s relationship with Thrive to three communities, with two additional development projects expected to open by the end of... Read More »

Four Green Bay-area properties sold

by | Nov 25, 2015 8:30 am | Acquisitions

Jacob Gehl of Blueprint Healthcare Real Estate Advisors led the sale of a portfolio of four assisted living/memory care communities in Wisconsin for $18.35 million, or $146,800 per unit, with an 8.7% cap rate. Included in the portfolio were three properties in Green Bay, including a 20-unit stand-alone memory care community, and one in Appleton. Combined occupancy stood at 92% at the time of the sale, and the portfolio generated approximately $1.6 million in trailing EBITDAR on an annualized basis. Senior Housing and Healthcare Capital was the seller, while Summit Healthcare REIT was the buyer, which will lease the properties for a 12-year term to an affiliate of Compass Senior Living, an... Read More »