• Public REIT Lands Portfolio in Competitive Sale

    by | Apr 14, 2026 2:52 pm | Acquisitions

    A portfolio of Class-A seniors housing communities sold in the Southeast to an undisclosed publicly traded REIT. Featuring six assets in Georgia and South Carolina, the portfolio totaled 156 independent living, 200 assisted living and 70 memory care units. The communities were built between 2017 and 2022 by a Southeast-based developer. Occupancy... Read More »

  • Regional Owner/Operator Acquires Ocala AL Community

    by | Apr 14, 2026 2:50 pm | Acquisitions

    The third and final asset in the Hampton Manor portfolio has sold with the help of Brad Clousing and Dan Geraghty of Senior Living Investment Brokerage. Hampton Manor Deerwood in Ocala, Florida, was built in 2005 and expanded in 2016 to now feature 61 units of assisted living. The property is stabilized, so the new owner can hit the ground... Read More »

  • Second Generation Operator Divests SNF Portfolio to PE Firm

    by | Apr 14, 2026 2:49 pm | Acquisitions

    A Northeast-based private equity firm engaged Daniel Morris of Plains Commercial Real Estate in its plan to enter a new state. The firm has an existing skilled nursing footprint, and had specific acquisition criteria, which narrowed the focus down to a few potential targets.  The company ultimately acquired a five-facility, 506-bed skilled... Read More »

  • CIBC Springs Ahead with Deal Flow

    by | Apr 14, 2026 2:48 pm | Acquisitions, Financings

    CIBC has been hard at work this Spring, successfully closing several acquisition financings for senior care clients across the country. The largest was a $51.5 million term loan that supported the purchase of four skilled nursing facilities in Illinois totaling 586 beds. Historical performance trended positively over the last two years across the... Read More »

  • National Healthcare Properties Kicks Off IPO Push

    by | Apr 14, 2026 2:41 pm | Uncategorized

    National Healthcare Properties, Inc. launched its public offering of 38.5 million shares of its Class A common stock pursuant to a registration statement on Form S-11 filed with the SEC. The initial public offering price is expected to be between $13.00 and $16.00 per share, and the company expects to grant the underwriters a 30-day option to... 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 »