Greystone provided $29.9 million in bridge financing for the acquisition of a six-facility portfolio in Rhode Island. Meanwhile, a 300-bed New York nursing home received $25 million in financing from MONTICELLOAM. Greystone Provides $29.9M in Bridge Financing for Six Facilities Greystone provided $29.9 million in bridge financing for the acquisition of a six-facility skilled nursing […]
Blueprint
Coronado Ridge Skilled Nursing and Rehabilitation Center, based in Nevada, was sold for $33M, while Forest Healthcare Properties brokered three separate portfolio sales involving a total of 20 facilities in Kentucky and Ohio. $33 million sale of Nevada Nursing Home JLL Capital Markets completed the $33 million sale of Coronado Ridge Skilled Nursing and Rehabilitation Center, […]
MonticelloAM Closed on a $73.2 million bridge and working capital loan for an Ohio provider, while Blueprint closed on the sale of Samaritas Senior Living Cadillac for an undisclosed amount. MonticelloAM Closes $73.2M in Bridge and Working Capital for Ohio Portfolio MonticelloAM announced the closing of $73.2 million in total bridge and working capital financing […]
Strawberry Fields to Buy Facilities in Kansas for $24M Strawberry Fields REIT (NYSE American: STRW) is set to purchase six long-term care facilities in Kansas for $24 million using current working capital, consisting of five nursing homes and one assisted living property. All 354 licensed beds will be leased to Advena Living, led by Willie […]
The PACS Group closed on a 11-facility skilled nursing portfolio in Tennessee for an undisclosed amount, while CFG closed out five deals totaling $54 million in the last two months. PACS Group Closes on Tennessee Portfolio Sale The PACS Group (NYSE: PACS) on Dec. 1 closed on the operations of 11 skilled nursing facilities in […]
Capital Funding Group (CFG) closed on a $132.24 million bridge loan to support refinancing of four skilled nursing facilities in Virginia, while MonticelloAM closed $87 million in financing for a Florida-based SNF portfolio. CFG Closes $132.24M in refinancing for 4 SNFs Capital Funding Group (CFG) announced the closing of a $132.24 million bridge loan, on […]
Strawberry Fields REIT entered into a purchase and sale agreement for eight health care facilities located in Missouri, while Dwight Capital closed a $61 million HUD refinance loan for a 250-bed SNF in New York. Strawberry Fields Agreement Strawberry Fields REIT (NYSE American: STRW) entered into a purchase and sale agreement for eight health care […]
Strawberry Fields REIT completed two separate acquisitions totaling $19.25 million of four Skilled Nursing Facilities (SNF) located in Tennessee and Texas. The acquisition of the Texas facilities for $15.25 million included a 75-bed SNF located in Hondo and 179-bed SNF located in Kerrville, the real estate investment trust (REIT) said in a press release Tuesday. […]
Evans Senior Investments (ESI) arranged the sale of a five-property portfolio in the Southwest, comprising skilled nursing beds and senior housing units. The transaction was carried out on behalf of an unnamed regional owner-operator for an undisclosed amount. Real estate brokerage firm ESI ran a confidential marketing process, engaging with a select group of buyers, […]
A skilled nursing facility located in Longview, Texas, was sold to an owner-operator of several skilled nursing facilities in Texas. Offering 108 beds, the community is approximately 24,653 square feet and sits on 3 acres of land. The community is enrolled in QIPP. The seller is a Texas-based partnership, which was selling its only skilled […]
National HealthCare Corporation (NYSE: NHC) plans to acquire the White Oak Senior Living portfolio, with facilities across North and South Carolina. White Oak consists of six skilled nursing facilities in North Carolina, three of which are continuing care retirement centers, and including one leased facility. In South Carolina, the portfolio consists of nine skilled nursing […]
About one year after being acquired by Dwyer Workforce Development (DWD) in a $590 million deal, Regency Integrated Health Services has rebranded as Wellsential Health and is moving forward under a “new nonprofit model,” the company announced Thursday. The 63 skilled nursing facilities under the Wellsential banner now represent the “largest family” of non-profit SNFs […]
Bloomfield Capital, direct lender and equity investor in commercial real estate assets, announced the closing of a $12.0 million senior bridge loan, which was used to refinance a maturing loan on a skilled nursing facility located in Southern California. The loan’s sponsor purchased and restructured multiple senior living assets throughout the Western U.S. and is […]
Grandbridge Real Estate Capital arranged the $81 million sale of The Arlington at Naples, a 298-unit continuing care retirement community, to LCS. The campus is comprised 47 independent living homes, 128 independent living apartments, 42 assisted living units, 37 memory care units, and 44 skilled nursing units. The campus was opened in 2015 and is […]
Evans Senior Investments (ESI) arranged the sale of a 138-bed skilled nursing facility in Anaheim, Calif. for $25 million or $181,159 per bed. The buyer, an East Coast real estate holding company, structured the lease with a local owner/operator in the state, according to the real estate brokerage firm. Operating long-term care assets in today’s […]
The Ensign Group announced a series of SNF acquisitions and long-term leases earlier this month, including one facility in Arizona, two in South Carolina and six in Texas. Ensign acquired the operations of Oak Harbor Healthcare, a 132-bed skilled nursing facility located in Mount Pleasant, S.C. and Oak View Health and Rehabilitation, a 190-bed SNF […]
Blueprint Healthcare Real Estate Advisors helped facilitate the $42 million sale of a 210-bed skilled nursing and long-term care facility in Pensacola, Fla. The deal amounted to $200,000 per bed and a 9.6% cap rate. Southern Oaks has rebounded to pre-pandemic occupancy of 91% with more than $4 million in annualized trailing EBITDAR — generating […]
Blueprint Healthcare Real Estate Advisors helped facilitate the sale of a 92-bed skilled nursing facility located in Colville, Wash. Pinewood Terrace was a “unique opportunity” for a regional owner/operator to purchase the facility for an “appealing price per bed with assumable attractive HUD financing,” according to a news release. Skilled nursing operator Cascadia Healthcare ultimately […]
Utah-based skilled nursing company Eduro Healthcare recently acquired seven facilities in the San Antonio, Texas area, bringing the total count in the state to 15. Eduro first entered the Texas market in April 2021, and has seen success as operational and delivery of care changes are implemented, according to a news release. “Having worked in […]
With contributions from Alex Zorn and Jordyn Reiland Despite the challenges of the past two years, Blueprint Healthcare Real Estate Advisors managed to expand and diversify. Now the firm has reorganized its leadership ranks, admitted new partners and is eager to grow the practice as the senior housing and care industries move forward. That growth […]
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