• Newmark Facilitates Morgan Stanley/MorningStar Deal

    by | Dec 6, 2025 12:28 pm | Acquisitions

    Morgan Stanley Investment Management made a splash in announcing the acquisition of three Class-A seniors housing communities in the Denver, Colorado MSA. The communities comprised 463 units and were previously owned by Kayne Anderson Real Estate. They were managed by MorningStar Senior Living, which is based in Denver and staying on as operator... Read More »

  • Town Lane Announces First Deal with Arcole Platform

    by | Dec 6, 2025 12:26 pm | Acquisitions

    Town Lane, a real estate investment management firm, and Atlas Senior Living, a Birmingham-based seniors housing operator, acquired The Overlook at Suwanee, a 175-unit independent living, assisted living and memory care community in Suwanee, Georgia. The community was formerly Heartis Suwanee, which was built in 2018 by Caddis. Tremper Capital... Read More »

  • Evans Senior Investments Handles Two-SNF Trade

    by | Dec 6, 2025 12:25 pm | Acquisitions

    Two skilled nursing facilities in northeast Pennsylvania found a new owner, after its independent owner/operator decided to fully exit the business. Evans Senior Investments was the exclusive sell-side advisor on the deal, which featured the 133-bed/unit Ellen Memorial Health Care Center in Honesdale and the 115-bed Carbondale Nursing & Rehab... Read More »

  • Alabama AL/MC Asset Sells

    by | Dec 6, 2025 12:23 pm | Acquisitions

    Daniel Geraghty and Brad Clousing of Senior Living Investment Brokerage handled the sale of an assisted living/memory care community in Anniston, Alabama. The property underwent a full interior renovation in 2025 and was being sold by a Southeast-based owner that was exiting the industry. A publicly traded REIT, leveraging one of its existing... Read More »

  • SVN Senior Living Advisors Sells Two Texas SNFs

    by | Dec 6, 2025 12:22 pm | Acquisitions

    A regional owner/operator was looking to grow its portfolio in Texas and acquired two skilled nursing facilities totaling 188 beds in the state. SVN Senior Living Advisors (SVN SLA) represented the private seller, which had been referred to SVN SLA by one of its institutional lender clients. Managing Director Josh Salzman led an efficient and... Read More »
National Health Investors Announces Acquisitions

National Health Investors Announces Acquisitions

by | Jan 7, 2020 4:15 pm | Acquisitions

National Health Investors wasted no time in making news this 2020. The REIT first announced that it was the buyer in Evans Senior Investments’ latest deal in Minnesota. Built in 2011 next to a lake about 20 miles from Minneapolis and St. Paul, the 48-unit assisted living/memory care community was previously owned by Coventry Senior Living and operated by Ebenezer. They left it in good shape, with occupancy around 90% and more than 80% of its census derived from private pay residents. In the trailing-12 months, it was also bringing in more than $660,000 in EBITDAR on more than $3.0 million of revenues, a healthy figure that also offers some room for improvement. NHI, with 41... Read More »
NHI Finances CCRC Expansion Project in Phoenix

NHI Finances CCRC Expansion Project in Phoenix

by | Dec 27, 2018 3:31 pm | Developments, Financings

The Phoenix, Arizona market has been a hotbed of senior living construction activity thanks to its rapidly growing retiree population, and a large CCRC catering to high-income residents is looking to capture part of that growth with an independent living expansion. Sagewood already has 316 independent living units, 44 assisted living units, 28 memory care units and 78 skilled nursing beds. Demand for independent living was strong (with the IL units fully occupied in 2018), so ownership decided to build a Phase II, which included 101 more units. It was clearly the right decision, as 96% of the new IL units are already presold, with entrance fees projected to average $700,000. Recently, the... Read More »

Handing over the reins

by | Feb 18, 2016 9:08 pm | Acquisitions

The joint venture owner of a 283-unit entrance fee CCRC in Brentwood, Tennessee recently reshuffled its ownership, with a minority stakeholder acquiring the 70% share from partner and co-developer, Westminster Capital. Back in 2007, Westminster, Harpeth Green Properties (the current buyer) and LCS developed the community on nearly 50 acres. It featured 217 independent living units, a 66-bed skilled nursing facility and a stand-alone adult day care building. Plus, an additional phase of development is scheduled to start sometime in the next year, and will include 97 more IL units, a 350-seat auditorium and an 11,000-square foot health center. LCS’s affiliate, Life Care Services, operates... Read More »