• Diversified Healthcare Trust’s SHOP Delivers Strong Results

    by | Feb 24, 2026 4:07 pm | Acquisitions

    Diversified Healthcare Trust (DHC) announced fourth-quarter earnings and full-year 2025 results, and its SHOP segment delivered. Same-property SHOP NOI in the fourth quarter jumped 27.6% year over year to $38 million, and full-year SHOP NOI climbed 31.3% to $129.3 million. Same property SHOP occupancy reached 82.4% in Q4, up 90 basis points from... Read More »

  • Lease Option Closes for High-Performing CT SNFs

    by | Feb 24, 2026 3:35 pm | Acquisitions

    A long-time regional owner/operator looking to secure capital for future redeployment into the skilled nursing sector approached Blueprint to market two skilled nursing facilities. The high-performing assets sit 40 miles apart in southern and western Connecticut with 301 total beds. The non-union facilities were generating $4.4 million of EBITDAR... Read More »

  • Not-for-Profit Acquires North Carolina Seniors Housing Portfolio

    by | Feb 24, 2026 3:34 pm | Acquisitions

    A few seniors housing communities in North Carolina were recently divested by a North Carolina owner/operator. The three assets total 61 independent living units and 173 assisted living and memory care beds. The independent living component was developed by the seller. The buyer, a not-for-profit with more than 30 years of experience acquiring... Read More »

  • Skilled Nursing Owner/Operator Secures Its First HUD Financing

    by | Feb 24, 2026 3:33 pm | Financings

    In a transaction that marks the third time Berkadia has secured financing for the asset, the company arranged a $35.4 million HUD financing for a 189-bed skilled nursing facility in Lafayette Parish, Louisiana. The asset was developed in three phases between 1996 and 2007. It has been owned by a Louisiana-based owner/operator of skilled nursing... Read More »

  • Senior Care Portfolio Receives Financing

    by | Feb 24, 2026 3:31 pm | Financings

    MONTICELLOAM provided financing to three seniors housing communities in Illinois. Originated by Karina Davydov, the package includes up to $44 million in bridge financing with a 36-month term. The portfolio offers independent living, assisted living, memory care and skilled nursing services. The sponsor, a Midwest-based senior living operator... Read More »
BMO Harris Bank Finances Watercrest’s Latest Senior Living Development

BMO Harris Bank Finances Watercrest’s Latest Senior Living Development

by | Jan 18, 2019 7:00 am | Developments, Financings

Watercrest Senior Living Group’s latest development in Florida just obtained a construction loan courtesy of BMO Harris Bank’s Healthcare Real Estate Finance group. The community just broke ground last August and is anticipated to open in Summer 2020 with 72 independent living, 96 assisted living and 30 memory care units. Watercrest is developing the community in partnership with United Properties, after previously collaborating on a senior living development down the coast in Naples, Florida (expected to open this year). BMO arranged a $46.5 million loan to fund the Sarasota construction. Read More »
Watercrest Partners With United Properties In Latest Development

Watercrest Partners With United Properties In Latest Development

by | Jul 27, 2017 2:55 pm | Developments

Watercrest Senior Living Group has announced its latest senior living development project, and a brand-new partnership too with United Properties. The joint venture plans to break ground this Fall on a 128-unit luxury assisted living/memory care community in Naples, Florida, with an expected opening in early 2019. United Properties has already purchased the property and is entering the Florida market with this project, after developing 15 seniors housing communities in the Minneapolis, Minnesota and Denver, Colorado areas. Watercrest, on the other hand, is well versed in the Florida seniors housing market, having opened communities in Lake Nona, Sebastian, Jacksonville and Viera, so far.... Read More »

Minnetonka mania

by | Aug 30, 2016 8:38 pm | Developments

Three seniors housing developments are breaking ground this summer in the Minnetonka, Minnesota area. First, United Properties started construction on its 100-unit community, which will include 72 independent/assisted living units, 22 memory care units and six care units. Then, Oppidan Investment Company and Minnesota-based not-for-profit Ebenezer announced the expected September groundbreaking of their newest community, a 136,000-square foot, 105-unit community that will feature independent living, assisted living and memory care. Finally, The Waters plans to break ground in nearby Excelsior on its new 110-unit independent living community by the end of the year. We will see how these... Read More »