• 60 Seconds with Swett: M&A Activity Tops 350 Deals in H1:25

    by | Jul 1, 2025 3:47 pm | 60 Seconds

    In the second quarter of 2025, there were 176 publicly announced transactions, a preliminary number that is almost certain to increase in the weeks ahead. That brings our total for the first half of the year to 355 deals, or 710 on an annualized basis. Considering we finished 2024 with 716 total deals, which was a record by far, we are in a good... Read More »

  • Bloom Exits South Carolina’s Seniors Housing Market

    by | Jul 1, 2025 3:46 pm | Acquisitions, Financings

    Kandu Capital, LLC, and its operating company, Bloom Senior Living, collectively known as Bloom, sold its final seniors housing community in South Carolina. The company is seeking realignment as it exits the state after a decade-long presence in the region. The 129-unit independent living and memory care community, which is in Bluffton, sold for... Read More »

  • Improving Ohio SNF Sees Strong Price

    by | Jul 1, 2025 3:44 pm | Acquisitions

    Ryan Saul of Senior Living Investment Brokerage secured a strong price for a skilled nursing facility in Cincinnati, Ohio. Built in 1965, the facility was originally licensed for 199 beds, but the decision was made to strategically reduce the beds to 167 to save on provider tax and improve the Medicaid rate.  The facility struggled for many... Read More »

  • Stacked Stone Ventures Makes Major SNF Acquisition

    by | Jul 1, 2025 3:43 pm | Acquisitions

    Stacked Stone Ventures, a real estate investment firm founded by Kent Eikanas, has made a major acquisition in the skilled nursing sector, acquiring nine skilled nursing facilities for approximately $33 million, or $66,000 per bed, at a 13% cap rate. Stacked Stone bought the portfolio in a joint venture with Praxis Capital from a large... Read More »

  • Tremper Capital Group Announces Two Refinances

    by | Jul 1, 2025 3:42 pm | Financings

    Tremper Capital Group announced a couple of refinances at the end of the second quarter for seniors housing clients. The first was arranged on behalf of Kisco Senior Living for its 333-unit entrance-fee CCRC in Palm Beach Gardens, Florida. Built in 2004, the campus was acquired by Kisco as part of a larger CCRC deal in 2013, and since then it... Read More »
SunTrust Bank Arranges Atlanta-Area Construction Financing

SunTrust Bank Arranges Atlanta-Area Construction Financing

by | Dec 26, 2018 9:22 am | Financings

SunTrust Bank arranged construction financing for the first phase of an enormous senior living development going up in the Atlanta metro area that will include some 600 units when all is said and done. The developer, Village Park Senior Living, will start with 204 high-end units (including 82 independent living, 75 assisted living and 26 memory care units) and most of the common areas being built. Phase One will also include 21 “City Homes” with separate access and gardens with patios. After opening this Phase in Fall 2020, Village Park will then start on Phases Two and Three, all combining for $300 million of development cost. We don’t see developments of that scale too often. SunTrust... Read More »