• 60 Seconds with Steve Monroe: You’ve Got To Be Kidding

    by | Nov 18, 2025 3:31 pm | 60 Seconds, Opinion

    Sadly, we are not kidding. President Trump has shown his true colors, and his true loyalty to the almighty dollar, with yet another pardon of one of the bad boys of senior care. But this bad boy is the worst of the group. We are referring to the just announced pardon of criminal Joseph Schwartz, the former owner of Skyline Health. Several months... Read More »

  • Publicly Traded REIT Divests Seniors Housing Portfolio

    by | Nov 18, 2025 3:19 pm | Acquisitions

    A Wisconsin-based developer sold its five seniors housing properties in the Badger State to LTC Properties. Tukka Properties has a longstanding relationship with Walker & Dunlop, which had secured development debt, equity and permanent financing for the assets over the years and had also sold a Tukka-developed property to Welltower in 2021... Read More »

  • Sale Revives Stalled Seniors Housing Development

    by | Nov 18, 2025 3:18 pm | Acquisitions

    Blueprint closed on the sale of a partially developed seniors housing community in Pearland, Texas. Originally planned as a 198-unit independent living, assisted living and memory care community on 9.6 acres, the project was approximately 60% complete when development stalled. Blueprint targeted seniors housing operators and developers, as well... Read More »

  • MONTICELLOAM Closes One of Its Largest Financings

    by | Nov 18, 2025 3:17 pm | Financings

    In one of the largest financings the firm has ever completed, MONTICELLOAM, LLC, along with firm affiliates, funded $470.5 million in total bridge and working capital financing for a sixteen-facility skilled nursing portfolio. The sponsor group, which owns and operates over 200 skilled nursing facilities across the country, used the $455.5... Read More »

  • Cash Flowing Assets Trade in Florida and Oregon

    by | Nov 18, 2025 3:15 pm | Acquisitions

    Blueprint was engaged by a repeat institutional private equity client in the sale of a Class-A assisted living/memory care community in the Clearwater, Florida MSA. The community has received investments over the years and offered immediate in-place NOI and strong operating margins, while presenting some value-add opportunities. Kyle Hallion,... Read More »
Where There’s a Will, There’s a Waypoint

Where There’s a Will, There’s a Waypoint

by | Apr 26, 2018 2:53 pm | Acquisitions

There’s a new entrant in the seniors housing industry. Real estate investment manager Waypoint Residential, predominantly focused on conventional multifamily and student housing, just made its first acquisition of a senior living community in the town of Starkville, Mississippi (home of Mississippi State University), for $22.7 million, or about $276,800 per unit. Developed in January 2016 by CR Properties, LLC and Blake Management Group, this community has 14 independent living, 43 assisted living and 25 memory care units. After already bringing occupancy to 100%, Blake Management Group will continue to manage the community. Josh Randolph of Colliers International represented the seller in... Read More »
Watercrest and Waypoint

Watercrest and Waypoint

by | Jan 12, 2018 7:01 am | Developments

With its latest seniors housing development in Georgia, Watercrest Senior Living Group is also adding a new partner to its growing roster of development/equity partners. Waypoint Residential, a real estate investment firm focused on multifamily and student housing, is making its debut in the seniors housing industry with this project. Expected to break ground next month and open in late Spring 2019, the community is one of Watercrest’s new prototypes (with at least two others like it to be built in Columbia and Bluffton, South Carolina) with 75 units of assisted living and 32 memory care units. It is located in Newnan, Georgia, which is about 20 miles southwest of Atlanta, and marks... Read More »