• Omega Invests in Saber Healthcare Joint Venture

    by | Nov 3, 2025 8:26 am | Acquisitions

    Omega Healthcare Investors released its third quarter earnings and made some news when it disclosed the acquisition of a 49% equity interest in a joint venture with Saber Healthcare. The JV will own and lease 64 skilled nursing facilities that were previously wholly owned by affiliates of Saber, which will retain a 51% equity interest in the JV... Read More »

  • Health Systems as Sellers in Three Transactions

    by | Nov 3, 2025 8:25 am | Acquisitions

    Cain Brothers advised on a trio of senior care transactions involving health systems as sellers, which could be a growing trend, particularly among any resource-constrained systems. Conversely, other systems may see the need to own skilled nursing beds in the future in order to control the transfer of their post-acute patients to SNFs and free up... Read More »

  • Large Ohio Operator Takes on Vacant SNF Beds

    by | Nov 3, 2025 8:23 am | Acquisitions

    Senwell Senior Investment Advisors facilitated the sale of 26 skilled nursing beds from a facility in Ohio and coordinated the repurposing of the real estate for future behavioral health services. The owners made the decision to close the facility after determining that the small size of the building prevented it from achieving the operational... Read More »

  • Not-For-Profits Secure Bond Financings

    by | Nov 3, 2025 8:22 am | Financings

    Ziegler announced the successful pricing of $34.0 million Series 2025 bonds for The Chapel Hill Residential Retirement Center, Inc. d/b/a Carol Woods. Carol Woods is a North Carolina not-for-profit organization incorporated in July 1972 by a group of local citizens to develop, own and operate a CCRC in Chapel Hill, North Carolina. Currently,... Read More »

  • Ventas Posts Healthy Q3 With Robust Acquisition Activity

    by | Oct 31, 2025 8:40 am | Acquisitions

    Among the earnings results trickling out this month, it will be impossible to overshadow Welltower’s announcement with $14 billion in new investment activity and another great quarter of seniors housing operating portfolio (SHOP) performance improvements. But Ventas reported healthy results, too, and some significant acquisition volume.  Ventas... Read More »
Strawberry Fields Grows in Des Plaines

Strawberry Fields Grows in Des Plaines

by | Jul 12, 2019 6:02 am | Acquisitions

Strawberry Fields REIT continues to grow its skilled nursing holdings, and did so in a big way this month, by acquiring a large 231-bed SNF in Des Plaines, Illinois. That facility has had a somewhat checkered past. Originally built in 1975, it was acquired by a Catholic not-for-profit hospital and skilled nursing provider in May 2011 for $22 million, or $115,200 per operating bed, at a 9.5% cap rate. At the time, the facility was operating at an 11% margin and with just 191 of the 231 licensed beds (about 113 of which were occupied at the time), for an effective occupancy rate of 59%. Its location close to Chicago, quality mix above 50% and specialty care services like ventilator, dialysis... Read More »
Strawberry Fields REIT Closes Landmark Deal

Strawberry Fields REIT Closes Landmark Deal

by | Sep 19, 2017 2:20 pm | Acquisitions

South Bend, Indiana-based Strawberry Fields REIT continued its steady growth with the addition of a large 252-bed skilled nursing facility in Louisville, Kentucky to its portfolio, for a price of $21.8 million, or $86,500 per bed. A $15 million loan from Bank Leumi helped facilitate the transaction. The facility was built in 1973 by a local real estate developer, who owned it until his death in 2001. It had been owned by a group of local investors since then. Going forward, The Landmark Group will operate the facility under a lease with Strawberry Fields. First-year rent is expected to be around $2.4 million. Read More »