Transactions & Financings: Dining RD Acquires Consultant Group; 12 Oaks Adds in Texas


Oxford Finance Group Closed $867 Million

Oxford Finance Group announced that its healthcare real estate group closed on $867 million worth of capital commitments in 2022 – a record for the Alexandria, Virginia-based company.

Oxford Finance’s deals slanted heavily toward skilled nursing assets but also included an $81 million term loan and an $8.5 million revolving line of credit for the acquisition of four campuses that included assisted living and independent living units in addition to skilled nursing beds.

BWE Advises Pair of Transactions Totalling $47M

Bellwether Enterprise Real Estate Capital (BWE) announced its role as financial advisor on two separate transactions to refinance two senior living communities.


The communities – both of which are a combination of assisted living and memory care – are located in the Chicago area and San Jose, California, respectively.

The San Jose-based community found an $18.6 million loan on behalf of Westmont Living and the Chicago-area community secured a $28.8 million loan on behalf of an affiliation of a senior living private equity firm. 

BWE’s Ryan Stoll and Taylor Morkis originated the loans on the borrowers’ behalf.



12 Oaks Adds Texas Community

12 Oaks Senior LIvigina announced it added a senior living community located in San Antonio, Texas.

The community – called The Inn at Los Patios – is a 166-unit IL and AL community that is set to undergo a major renovation project by the San Antonio Community Development Council, a local nonprofit organization.

Dining RD Acquires Nutrition Company

Health Technologies – also known as Dining RD – announced it acquired senior living dietician consultant and training company Nutrition Alliance.

Based in Tempe, Arizona, Nutrition Alliance was founded in 2000 and currently provides its services to a portfolio of 184 senior living communities, most of which are located in Arizona.

For Dining RD, this marks the third acquisition since receiving an investment from private equity firm Evolution Capital Partners in August 2020.

Lifespace Adds GreenFields of Geneva

Nonprofit Lifecpace Communities announced it finalized a deal with Friendship Senior Options that will transition the sponsorship of a community in the Chicago area, bringing Lifespace’s total footprint in that region to 18 communities.

The community – called GreenFields of Geneva – is a 257-unit continuing care retirement community with IL, AL, memory care and skilled nursing units situated on 26 acres of land in Geneva, Illinois.


Blueprint Assists in Memory Care Sale

Blueprint Healthcare Real Estate Advisors announced it facilitated the sale of two 54-unit standalone memory care communities in Oklahoma.

The communities – located in Oklahoma City and Tulsa, respectively – were purchased by a Texas-based owner/operator that specialized in standalone memory care communities.

SLIB Facilitates Montana-based AL Sale

Senior Living Investment Brokerage announced it facilitated the sale of an assisted living community in Montana.

The community is a 32-unit assisted living community that was built in 2015 on about 1.4 acres of land owned by a local owner that was looking to exit the senior living industry. The seller is a Montana-based nonprofit organization.

SLIB’s Jason Punzel, Vince Viverito and Brad Goodsell handled the transaction.

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