• 60 Seconds with Steve Monroe: Brookdale Senior Living, What’s Next?

    by | Jul 15, 2025 3:42 pm | 60 Seconds

    So, the big vote occurred last week, and shareholders of Brookdale Senior Living have spoken. We are sure that the recent increases in occupancy convinced some shareholders to stick with management and its “plan.” But the nominees from activist shareholder Ortelius Advisors were not off-the-wall candidates. It was an excellent group, and despite... Read More »

  • Optalis Healthcare Acquires Michigan Portfolio

    by | Jul 15, 2025 3:19 pm | Acquisitions

    Blueprint was engaged by Michael F. Flanagan, the duly appointed receiver of Spartan Holdco, LLC, et al. and approved by the Oakland County Circuit Court to run a marketing process sourcing qualified overbids for the auction sale of the SKLD (Skilled Living and Development) portfolio. Dubbed Project Spartan, the portfolio comprises eleven skilled... Read More »

  • National REIT Divests to Cougar Capital Management

    by | Jul 15, 2025 3:18 pm | Acquisitions

    Haven Senior Investments facilitated a transaction between a national REIT and a real estate development firm based in Boston, Massachusetts. The seller, Summit Healthcare REIT, divested a seniors housing community in Littleton, New Hampshire, The Village at Riverglen. Built in 2002, The Village at Riverglen features 60 beds across 50 independent... Read More »

  • CFG’s H1 Financing Volume

    by | Jul 15, 2025 3:15 pm | Financings

    Capital Funding Group’s bridge-to-HUD and HUD teams financed more than $930 million across 50 transactions in the first half of 2025. These financings included 14 HUD loans, 21 bridge loans and 15 accounts receivable loans for clients across the country. Managing Director of Real Estate Craig Casagrande originated a few transactions throughout... Read More »

  • Stabilized Class-A IL Community Secures Refinancing

    by | Jul 15, 2025 3:14 pm | Financings

    Greystone arranged a $43.5 million debt placement to refinance a seniors housing community in Oregon. The 142-unit property is a recently built and stabilized Class-A independent living community. The community had strong trailing cash flows, on a shorter trailing period, but an upward trend. The financing was sourced by David Young.  The... Read More »
Blueprint’s Good Samaritan Sale

Blueprint’s Good Samaritan Sale

by | Aug 15, 2019 8:38 pm | Acquisitions

The Evangelical Lutheran Good Samaritan Society, a not-for-profit owner/operator, sold three of its skilled nursing campuses in northwest Illinois, near the Iowa border. Totaling 214 skilled nursing beds and 65 independent living/senior apartment units, the portfolio was well maintained and boasted good local reputations. The buyer will look to manage expenses and boost operational synergies to improve their performance. Plus, the new operator, Allure Healthcare Services, has plenty of experience with rural skilled nursing facilities in the area, which should certainly help. Amy Sitzman and Michael Segal of Blueprint Healthcare Real Estate Advisors handled the transaction on behalf of Good... Read More »
Blueprint Represents Good Samaritan In Arizona Sale

Blueprint Represents Good Samaritan In Arizona Sale

by | Jun 14, 2019 7:00 am | Acquisitions

Sioux Falls, South Dakota-based The Evangelical Lutheran Good Samaritan Society exited two of its senior care facilities in the Phoenix area with the help of Amy Sitzman of Blueprint Healthcare Real Estate Advisors. If this deal looks familiar, it’s because The Ensign Group announced early in the May that it was the buyer of the two campuses. Built in various stages from the mid-1970s to the early 2000s, the properties included a Peoria campus with 150 skilled nursing beds and 70 independent living units, and a Mesa campus with 58 SN beds, 88 IL units and 18 assisted living beds. Good Samaritan had recently invested several million dollars in renovations and maintained four- or five-star... Read More »
Blueprint Represents Good Samaritan In Arizona Sale

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 »
HJ Sims Helps Out New North Dakota Joint Venture

HJ Sims Helps Out New North Dakota Joint Venture

by | Oct 5, 2017 7:37 pm | Developments, Financings

HJ Sims helped finance a couple of the largest not-for-profit providers of senior care and health care in the country in order to team up and combine their services in the Bismarck/Mandan area of North Dakota. The Evangelical Lutheran Good Samaritan Society (ELGSS), which currently operates over 224 senior living and care communities, and Sanford Health, the largest rural, not-for-profit health care system with 45 hospitals and 289 other locations, each operate skilled nursing and assisted living facilities in the Bismarck area. In addition, Sanford Health operates an acute care hospital in the city. So, the organizations decided to form a joint venture to operate the facilities in the... Read More »