• CBRF Trades in Wisconsin

    by | Apr 24, 2026 2:43 pm | Acquisitions

    A community-based residential facility in southern Wisconsin came under new ownership. The seller had acquired the facility a couple of years ago and brought it to stabilization. They also conducted renovations in 2025 on the physical plant, which was originally built in 2001. The ultimate buyer was a Midwest ownership group that was looking to... Read More »

  • Watch The SeniorCare Investor’s Q1 Investor Call

    by | Apr 24, 2026 2:40 pm | Uncategorized

    The SeniorCare Investor convened a panel on April 23 to discuss key topics front and center for investors. Ben Swett, Managing Editor of The SeniorCare Investor, moderated the discussion. Blueprint sponsored the Q1 2026 Investor Call webinar, with Kyle Hallion, Senior Director at Blueprint, joining. Investment firm perspectives came from Natalie... Read More »

  • Not-for-Profit Joint Venture Acquires IL Community

    by | Apr 24, 2026 2:28 pm | Acquisitions

    Blueprint closed the sale of Parkwood Retirement, a 147-unit independent living community in Bedford, Texas (Dallas-Fort Worth MSA). Sitting adjacent to the Texas Health HEB hospital campus, Parkwood has demonstrated consistent and strong operating performance, with occupancy hovering around 95% for several years. There was still some meaningful... Read More »

  • Senior Care Portfolio Secures HUD Financing

    by | Apr 24, 2026 2:27 pm | Financings

    A senior care portfolio secured $64.96 million in HUD financing for the refinance of three properties in Pennsylvania. Greystone provided the financing, with the deal originated by Christopher Clare and additional team members including David Young, Ben Rubin, Ryan C. Harkins, Parker Nielsen and Liam Gallagher assisting on the transaction. The... Read More »

  • National Health Investors’ CFO Retires

    by | Apr 24, 2026 2:27 pm | Uncategorized

    National Health Investors’ John Spaid, Executive Vice President and CFO, will retire effective July 1, 2026. The company will appoint Todd Siefert as Executive Vice President Corporate Finance, effective June 1, 2026, and he will succeed Spaid as CFO. Also as part of the transition, Dana Hambly has been promoted to Senior Vice President of... Read More »
Lument Arranges Bank Loan For Watercrest Community

Lument Arranges Bank Loan For Watercrest Community

by | Mar 19, 2021 9:38 am | Financings

Lument arranged bank financing for Watercrest Senior Living’s newly built senior living community in Tarpon Springs, Florida. Steve McGee, managing director at Lument since joining the team in 2020 to head its debt syndication group, led the transaction, which took out construction debt at the property. Opened in 2018, Market Street East Lake has 64 units of memory care and joined Watercrest’s growing portfolio, which currently numbers 13 properties across the Southeast.  The new bridge-to-agency loan totals $12.3 million and covers about 70% of the property’s value. That puts the community at around $275,000 per unit in value. The debt came with a floating interest rate for a five-year... Read More »

Blueprint Booms In June

by | Jun 16, 2017 7:02 am | Acquisitions, Developments

Adam Sherman of Blueprint Healthcare Real Estate Advisors brought several parties together to arrange the capital for a $30 million assisted living/memory care development in Kissimmee, Florida. Located on a 3.4-acre site in the Osceola Corporate Center, a 900+ acre master planned mixed use development, the community will feature 104 units/114 beds of assisted living and 24 private memory care units, in addition to multiple dining venues and amenities. The developer, Providence One Partners, LLC, and the operator, Watercrest Senior Living, expect to open the three-story community by late summer of 2018. Construction began immediately after Mr. Sherman arranged the capital stack, which... Read More »

Watercrest Senior Living Breaks Ground in Florida

by | May 29, 2015 9:00 am | Developments

Vero Beach, Florida-based Watercrest Senior Living Group, and its development partner Starling Senior Living, celebrated the official groundbreaking of a 90-unit assisted living community in Jacksonville, Florida. It will have 66 assisted living units and 24 memory care units totaling 79,000 square feet. All of Watercrest’s memory care associates are Certified Dementia Specialists. The building was designed by PQH Group.   Read More »

Southwest Florida booming

by | Jan 21, 2015 8:49 pm | Developments

REDICO, a Michigan-based real estate development and investment company, announced its next American House project, called Coconut Point, in Estero, Florida. The project is the second for REDICO in southwest Florida and will include 54 independent living units, 76 assisted living units and 64 memory care units. It’s in a prime location, as across the street is a 140-store mall, and just north of Coconut Point will be Lee Memorial Health System’s planned $140 million Estero healthcare village, which is scheduled to open in 2017. American House is based in Michigan and currently has over 40 communities open in that state, mostly in the Detroit metro area, and after it became an affiliate of... Read More »