• Strawberry Fields REIT Announces SNF Acquisition

    by | May 9, 2025 2:38 pm | Acquisitions

    Strawberry Fields REIT acquired a skilled nursing facility with 100 beds near Oklahoma City, Oklahoma, utilizing cash from its balance sheet. The facility is leased to an existing third-party operator that entered into a master lease for this facility, as well as for another facility that Strawberry Fields acquired in December 2024 (a skilled... Read More »

  • Family Office Acquires Two Communities

    by | May 9, 2025 2:21 pm | Acquisitions

    Berkadia was engaged by a national owner/operator in its divestment of two seniors housing communities on Florida’s east coast. The communities are in Port St. Lucie and Port Orange with 171 assisted living and memory care units. The buyer was a central Florida-based family office. Mike Garbers, Cody Tremper, Dave Fasano and Ross Sanders handled... Read More »

  • Kentucky SNF Sees Active Bidding Environment

    by | May 9, 2025 2:20 pm | Acquisitions

    Kyle Hallion and Ben Firestone of Blueprint were engaged to sell a 54-bed skilled nursing facility located 45 minutes northwest of the Lexington, Kentucky MSA, and successfully closed the deal on May 1, approximately 30 days prior to contractual closing. The facility offered a track record of strong occupancy with clear revenue upside via CMI... Read More »

  • ESI Closes Record-Setting SNF Sale in North Carolina

    by | May 9, 2025 8:20 am | Acquisitions

    A skilled nursing sale in North Carolina set a new pricing record in the state, with Evans Senior Investments handling the deal. ESI was engaged by an independent owner/operator to divest Smithfield Manor, a 160-bed skilled nursing facility in Smithfield, North Carolina (about 25 miles southeast of Raleigh). At the time of marketing, the... Read More »

  • Growth-Oriented Buyer Acquires AL/MC Portfolio in Competitive Market

    by | May 9, 2025 8:19 am | Acquisitions

    Blueprint handled the divestment of an assisted living and memory care portfolio dubbed Project Viking. The portfolio includes multiple well-located communities of newer vintage in Minnesota. Connor Doherty and Ryan Kelly handled the transaction.  The opportunity presented the ability to acquire substantial scale in a state known for its... Read More »
Original Owner Exits Two AL Communities in Illinois

Original Owner Exits Two AL Communities in Illinois

by | Apr 19, 2019 10:03 am | Acquisitions

The original developer of two assisted living communities totaling 135 units in Illinois (St. Louis MSA) is finally exiting the assets, after more than 10 years of ownership, with the help of Mike Surak and Matthew Andriano of Marcus & Millichap and Mark Myers and Joshua Jandris of IPA Seniors Housing. Operated under the Fountains Assisted Living brand, the properties are located in Granite City (built in 2000) and Godfrey (built in 2006), or about 23 miles apart from each other. They were previously owned by a local investment group that featured a large number of individual investors. The out-of-state buyer, an affiliate of Triloma Seniors Housing, will look to use their operating... Read More »