Transactions Blueprint advises sale of Kentucky community Blueprint announced it advised on the sale of a Richmond, Kentucky assisted living community on April 24. The community was built in 2009 and features 49 units, according to a press release. The seller was a New York-based regional owner and operator looking to divest the asset, the […]
Category: Finance & Development
Transactions Oxford Capital Group acquires 11 Minnesota properties Oxford Capital Group announced it has acquired 11 senior living properties in the Minneapolis, Minnesota area. The Carefree Portfolio will now be managed by Oxford’s senior housing management affiliate, Oxford Living US, LLC, according to a press release. The release states Oxford will “invest several million dollars […]
Most respondents in a recent survey said they expect transaction volumes to increase this year compared to last, while also projecting capitalization rates to remain flat or compress. That’s according to the BBG Real Estate Services’ Senior Housing Investor Survey, completed in March of this year and released this week. Key takeaways from the company’s […]
Senior living small-home franchise company Avendelle Assisted Living has inked a partnership with AWK Development in an effort to grow its model in Pennsylvania and potentially beyond. Through the partnership, AWK will build homes on behalf of Avendelle and its franchisee partners, with Avendelle responsible for finding care home operators and getting them into operational […]
Transactions Healthcare Management Partners sells five Florida communities Healthcare Management Partners, a healthcare restructuring and consulting firm, announced it completed the court-approved sale of five communities in Florida. A press release states the communities were placed in receivership in August 2021, with HMP being named as the receiver. During the receivership, the communities reached a […]
A group of senior living and healthcare stakeholders including Solera Senior Living CEO Adam Kaplan have spun up a new investment fund meant to help grow innovative tech for operators. Venture capital firm Equitage Ventures this week announced the final close of a new $47.3 million fund, its first ever. The company’s aim with the […]
Building off of an active year of senior living transactions in 2024, commercial real estate lending firm Berkadia is seeking to maintain its momentum in 2025. Last year, Berkadia delivered over $1.63 billion in senior housing loans with Freddie Mac, Fannie Mae and Department of Housing and Urban Development (HUD) structures, leading government-sponsored enterprises (GSE). […]
Transactions Continuum sells five-property Florida portfolio Continuum Advisors announced it sold a five-property senior living portfolio in Florida. The communities are largely focused in the Orlando and Tampa metros, according to a press release, and total 340 units, according to a press release. The communities involved in the transaction include Superior Residences of Clermont; Superior […]
Earlier this week, U.S. president Donald Trump enacted a range of new tariffs that sent the stock marketing tumbling and left senior living operators and industry associations bracing for impact. With the move, the White House enacted at least a 10% tax on all goods imported to the United States, with countries such as Vietnam, […]
Correction: An earlier version of this story misstated that the bankruptcy involved Pacifica’s entire senior living portfolio. That is incorrect. The platform that declared bankruptcy operates about two-dozen communities and represents a subset of Pacifica Companies’ total senior living operations. Pacifica Senior Living is a management platform under Pacifica Companies, which has not filed for […]
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