Senior Housing Investments & Transactions: Trilogy Health Services, LTC Properties

NorthStar, Griffin-American Close on $1 Billion Trilogy Acquisition It’s official—the $1.125 billion acquisition of Trilogy Health Services LLC has been finalized. NorthStar Healthcare Income, Inc. on Tuesday announced the completion of the acquisition, pursuant to a joint venture with Griffin American Healthcare REIT III, Inc. Under the agreement, Griffin-American will own 70% of the joint […]

Senior Housing Investments & Transactions: ESI, Summit Healthcare REIT

Summit Healthcare REIT, Inc. Expands to New Hampshire Summit Healthcare REIT, Inc. acquired a 59-bed/50-unit assisted living facility in Littleton, New Hampshire, for a purchase price of $8.5 million in a sale-leaseback transaction on Nov. 17. Summit has assumed the HUD loan collateralized by the property in the amount of about $4.7 million. The 34,684-square-foot facility […]

In the Pipeline: Senior Housing Construction Projects (11/5/15)

(Brandywine Senior Living at Mahwah located in Mahwah, N.J. — Photo courtesy of Brandywine Senior Living) Construction: Planned Berry College Announces Site for New CCRC in Ga. Berry College, a liberal arts college in Rome, Ga., this week announced the site of a new continuing care retirement community (CCRC) that will be construction on undeveloped […]

Senior Housing Investments & Transactions: Signature Senior Living

Joint Venture Acquires Northgate Terrace in California for $27.5 Million WNC, a national investor in real estate and community development initiatives, announced recently that its subsidiary, Community Preservation Partners LLC, has acquired Northgate Terrace, a 201-unit affordable senior housing community in Oakland, Calif., in a joint venture with Related Affordable LLC, for $27.5 million. The […]

Senior Housing Investments & Transactions: HCN, Care Investment Trust

Texas Senior Living Communities Acquired for $79 Million Evergreen Senior Living Properties, LLC and management affiliate ESLP Management, LLC, recently announced the acquisition of four senior living communities in Texas from Sears Methodist Retirement System in a $79 million transaction. The purchase includes The Craig in Amarillo, Meadow Lake in Tyler, The Parks in Odessa, […]

Senior Housing Investments & Transactions: Oxton Senior Living

Senior Living Investment Brokerage Sells 2 Texas SNFs for $2.8 Million  Senior Living Investment Brokerage, Inc. announced recently that Matthew Alley, the firm’s managing director, sold a $2.825 million portfolio of two skilled nursing facilities comprising 146 beds in Lamesa and Eastland, Texas. The Lamesa facility was purchased by a Texas operator that will own […]

In the Pipeline: Senior Housing Construction Projects (2/26/15)

Construction: Planned California CCRC to Spend Upwards of $30 Million on Expansion To accommodate an expected increase in the demand for senior living, Casa Dorinda, a California continuing care retirement community (CCRC) plans to add roughly 103,000 sq. ft. and build 20 independent living units at its campus in Santa Barbara, Calif., reports Pacific Coast […]

Senior Housing Investments & Acquisitions: Summit Healthcare REIT, Oxton

The Ensign Group Acquires Colo. Post-Acute Care Campus  The Ensign Group, Inc. (Nasdaq:ENSG) acquired Riverwalk Post-Acute and Rehabilitation, a 60-bed skilled nursing operation; Rock Canyon Respiratory and Rehabilitation Center, an 81-bed skilled nursing operation with a subacute unit; and the Villas at Rock Canyon, a 17-bed independent living and assisted living operation. Each of these […]