• LTC Properties Buys into SHOP Growth

    by | Feb 26, 2026 4:18 pm | Acquisitions

    LTC Properties released its 2025 fourth quarter results and 2026 guidance, and in it reiterated its shift toward its newly established SHOP segment. During the second quarter of the year, the company established the segment, marking its shift in focus from the skilled nursing sector. Later in Q2, it terminated its Anthem Memory Care triple-net... Read More »

  • Portland IL/AL Community Finds New Purpose in Multi-Family

    by | Feb 26, 2026 4:01 pm | Acquisitions

    Calaroga Terrace has traded hands, from a national owner/operator to a regional developer. The community sits is north of the Oregon Convention Center, in downtown Portland, Oregon. Built in 1968 and renovated in 2016, the 15-story high rise is situated on just under one acre and features 181 independent living and 84 assisted living units. The... Read More »

  • New England SNFs Struggling to Breakeven Sell

    by | Feb 26, 2026 4:00 pm | Acquisitions

    Blueprint represented a private equity investor in its divestment of a 302-bed skilled nursing portfolio in New England. The facilities had challenged occupancies, however, they generated approximately $27 million in revenue. Inflated operating costs took its toll on EBITDAR, with the asset struggling to breakeven. Dubbed Project Red Coats, the... Read More »

  • Assisted Living Portfolio Secures Refinance

    by | Feb 26, 2026 3:58 pm | Financings

    Berkadia announced the refinancing of a nine-property assisted living portfolio spanning Ohio and Pennsylvania. Steve Muth, Garrett Sacco, Austin Sacco and Alec Rosenfeld arranged the $114.37 million financing through Bloomfield Capital Partners, LLC on behalf of the borrower, a joint venture with an experienced owner and New Perspective Senior... Read More »

  • Lument Rolls Out Seniors Housing Investment Sales Platform

    by | Feb 26, 2026 3:58 pm | Uncategorized

    Alex Florea and Kevin Lukehart have joined the Lument team as managing director and director, respectively. This expands Lument’s real estate investment sales platform into seniors housing. Florea will lead the team, working closely with John Sebree, head of real estate investment sales, and Aaron Becker, head of seniors housing and healthcare... Read More »
NHP Foundation Grows Its Chicago Holdings

NHP Foundation Grows Its Chicago Holdings

by | Nov 21, 2019 3:33 pm | Acquisitions

The NHP Foundation, a New York-based not-for-profit organization known for preserving and developing affordable housing, just acquired its first Chicago-area senior apartment building, and fourth property overall in the metro area. Built in 1991, the Section 8 community has 57 total units in the Woodlawn neighborhood, near the new Obama library. It sold for $4.933 million, or about $86,500 per unit. To fund the purchase, NHP secured $4.515 million in financing from Low Income Investment Fund and $817,000 of its own equity from NHPF Equity. The $400,000 above the purchase price was for transaction and closing costs, plus HUD-required repairs. Through partnerships with financial... Read More »