Transactions QSL Management grows portfolio by seven QSL Management announced it welcomed seven new communities to its portfolio Nov. 14. According to a LinkedIn post, the new communities include The Barclay at Little River; The Barclay at Sarasota; The Barclay at Boynton Beach; The Barclay at Pasadena; The Barclay at Midlothian; The Barclay at Tuckahoe; […]
Category: Finance & Development
Bethany Care Society is celebrating its 80th year in 2025, with plans for future growth including a sprawling urban senior living community built with small-home concepts in mind. The central and southern Alberta-based senior living provider operates 11 care homes and 15 senior living properties serving over 2,000 older adults across the continuum from independent […]
Sonida Senior Living (NYSE: SNDA) has grown its operating portfolio by almost one-third over the last six months, and the company has more expansion planned ahead. The Dallas-based senior living operator closed its sixth transaction of the year in early November, bringing its total of newly added communities to 22 this year. And there is […]
Financings CBRE arranges refinance CBRE announced it arranged a refinance for Carlton Senior Living San Leandro in California. According to a press release, the refinance will allow the company to “reconstitute its original joint venture ownership into a closely held Tenant-in-Common (TIC) ownership structure.” The community was originally built in 1997 and has a total […]
National Health Investors (NYSE: NHI) is working through lingering trouble with one of its operating partners as it keeps its eye on future investments. In October, the Murfreesboro, Tennessee-based real estate investment trust (REIT) transitioned four communities from Senior Living Management (SLM) to other operators after SLM “raised doubts about [its] ability to sustain its […]
Diversified Healthcare Trust (Nasdaq: DHC) is in the process of selling 32 communities in its senior housing operation portfolio (SHOP), the company’s leaders said during a third-quarter 2024 earnings call Tuesday. The communities total 2,422 units, and three are under agreement or letter of intent to change hands, according to President and CEO Chris Bilotto. […]
Financings CFG closes on four deals, totals $76M Capital Funding Group announced it closed on four transactions totaling $76 million throughout September. According to a press release, the financing supported 16 skilled nursing communities. The financing was executed on behalf of nationally recognized borrowers, the release states. BWE secures refinance for Gentry Park Orlando BWE […]
With its financial restructuring long in the rearview mirror and a new Inspir property soon to open in Washington, D.C., Maplewood Senior Living is on an upward operational trajectory, according to CEO Taylor Pickett. The Westport, Connecticut-based senior living operator’s Inspir community in New York City is engaged in a “slow trudge” with regard to […]
Welltower (NYSE: WELL) announced $1.2 billion in acquisitions in the third quarter of 2024, bringing its total this year to a “record-setting” $6.1 billion. And the company is still adding to that amount, according to CEO Shankh Mitra. “While 2024 is shaping up to be a record year for Welltower in terms of capital deployment, […]
Transactions Saint Therese to acquire Ohio community Saint Therese, a St. Louis, Minnesota-based aging care provider, announced it will be acquiring St. Mary of the Woods in Avon, Ohio on Dec. 1. St. Mary of the Woods is a 179-unit community located on a 23-acre campus, according to a press release. The release states it […]