• Seniors Housing Communities Sell in Southwest Florida

    by | Apr 23, 2026 2:41 pm | Acquisitions, Financings

    Berkadia has announced a couple of closings in southwest Florida. First, Brooks Minford headed to the Tampa, Florida area to sell a 138-unit assisted living/memory care community on behalf of a local developer that was looking to exit the seniors housing business. They had built Tessera of Brandon in 2017 to feature a mix of 98 assisted living... Read More »

  • Global Investment Firm Re-Enters the Senior Care Industry

    by | Apr 23, 2026 2:40 pm | Acquisitions

    Global alternative investment firm Investcorp has re-entered the seniors housing sphere after its exit in 2008. The company has acquired three communities in Massachusetts, California, and New York, all within a short period.  The Massachusetts community is in Boston, and it offers both independent living and affordable seniors housing... Read More »

  • Investor Enters Seniors Housing Sector

    by | Apr 23, 2026 2:39 pm | Acquisitions

    Stone Brook Assisted Living in the Dallas, Texas MSA, has traded hands from a single-community owner/operator to a regionally-based investor. The seller was looking to enter retirement, and the investor wanted to make their first investment in the seniors housing space. Both seller and buyer agreed to pause the process in Fall 2025 to allow the... Read More »

  • Public Company Divests in Arizona

    by | Apr 23, 2026 2:38 pm | Acquisitions

    A publicly traded company focused on seniors housing recently divested a community in Mesa, Arizona. The asset features 68 assisted living and memory care units, and offered meaningful upside potential. Amy Sitzman, Kyle Hallion and Jake Rice of Blueprint handled the deal, which saw a competitive process with multiple offers from groups looking... Read More »

  • California SNFs Secure HUD Financing

    by | Apr 23, 2026 2:37 pm | Financings

    Just a year after funding the acquisition and refinance of two skilled nursing facilities in California, Greystone returned to take the facilities to HUD. Totaling 219 beds, the facilities are located in Menlo Park and Los Banos. Kalesta Healthcare Group acquired them in 2025 and 2021, respectively, and sought a combined refinance in 2025. Grant... Read More »
REIT Buys Boston Senior Care Property

REIT Buys Boston Senior Care Property

by | Jan 17, 2019 3:58 pm | Acquisitions

National Health Investors picked up a senior care campus outside of Boston, Massachusetts for a purchase price over $50 million. The REIT also immediately leased it back to the previous operator, Wingate Healthcare, for a 10-year term with three 5-year renewal options and an initial annual lease rate of 7.5% plus annual fixed escalators. Located in Kingston, this campus features three separate buildings with 34 independent living units, 69 assisted living units and 164 skilled nursing beds. Funding the acquisition with a draw on its revolving credit facility, NHI plans to spend up to $1.9 million in capital improvements over the next two years, which will be added to the lease... Read More »
Wingate Healthcare Gets Financing From Gemino Healthcare Finance

Wingate Healthcare Gets Financing From Gemino Healthcare Finance

by | Feb 20, 2018 4:39 pm | Financings

Gemino Healthcare Finance, a specialty finance company and portfolio company of Solar Senior Capital Ltd. that is focused on providing senior secured loans to healthcare service providers, recently funded a $6 million senior secured credit facility on behalf of an affiliate of New England senior living operator, Wingate Healthcare. Family-owned for nearly 30 years, Wingate operates over 35 senior living communities mostly in Massachusetts (where it is based) but also in New York and Rhode Island. The company used the loan proceeds to pay off existing debt and for working capital purposes, gaining additional liquidity as it continues to grow. Read More »