• Stacked Stone Makes Another Acquisition

    by | Oct 16, 2025 4:51 pm | Acquisitions

    Stacked Stone Ventures, a real estate investment firm founded by Kent Eikanas, followed up on its October acquisition in Oklahoma with the purchase of two assisted living/memory care communities in Illinois, near the St. Louis MSA. Similar to the Oklahoma deal, Stacked Stone has made Illinois acquisition in a joint venture with the private equity... Read More »

  • Blueprint Handles Large SNF Deal in Pennsylvania

    by | Oct 16, 2025 4:50 pm | Acquisitions

    Not-for-profit to for-profit are not easy, and it took a two-year process for Blueprint to successfully close the sale of a 250-bed skilled nursing facility in Philadelphia, Pennsylvania. The property appears to be Cheltenham Nursing & Rehabilitation, one of three skilled nursing facilities owned by Dublin, Ohio-American Health Foundation... Read More »

  • JDI Realty Buys Alpharetta Asset

    by | Oct 16, 2025 4:48 pm | Acquisitions

    A partnership recently acquired Chapters Living of Alpharetta, a 79-unit assisted living/memory care community in Alpharetta, Georgia (Atlanta, MSA). Built in 2013, the high-quality community was previously known as Addington Place of Alpharetta. JDI Realty, in partnership with Purity Strategies and Chapters Senior Living, bought the community... Read More »

  • Class-A Active Adult Community Secures Refinance

    by | Oct 16, 2025 4:46 pm | Financings

    JLL Capital Markets arranged the refinancing for Connery on Providence, a newly built 200-unit active adult community in Charlotte, North Carolina. JLL represented Proffitt Dixon Partners in securing the loan through New York Life Insurance Company.  Connery on Providence is a Class-A 55+ rental community that occupies a 12.75-acre infill... Read More »

  • Public REIT Divests to Owner/Operator

    by | Oct 14, 2025 3:16 pm | Acquisitions

    Blueprint facilitated the sale of a Massachusetts skilled nursing facility on behalf of a public REIT in the senior care sector. The REIT determined that the facility was a strong candidate for sale due to its location. Plus, the former operator was switching focus to other assets in its mutual portfolio.  Purpose-built in 1982 with... Read More »
Contemporary Healthcare Capital Does Mezz

Contemporary Healthcare Capital Does Mezz

by | May 10, 2018 2:18 pm | Acquisitions, Developments, Financings

Contemporary Healthcare Capital (CHC) completed two mezzanine loans to help buyers fund the purchase of skilled nursing facilities. The Portopiccolo Group, based in New Jersey, bought a 165-bed facility in Covington, Tennessee and borrowed a combined $8.755 million. CoastalStates Bank of Hilton Head provided the senior loan and CHC provided a $2.25 million mezzanine loan. In addition to funding the acquisition, proceeds were also used for about $600,000 in capital improvements.   In a larger deal, Citadel Care Centers bought a 246-bed skilled nursing facility in the Miami area of South Beach, Florida. New York City-based Valley National Bank provided the senior debt of the total $33.9... Read More »