Movers & Shakers: Blueprint’s New CEO, HRA Appoints COO

Blueprint Names First President and CEO Chicago-based advisory group Blueprint Healthcare Real Estate Advisors recently named Torey Riso as its first president and CEO, according to a press release. Riso, who has 25 years of real estate investment experience including 10 spent in the senior housing industry, was most recently president and CEO of Care Investment […]

Senior Housing Investments & Transactions: Benchmark, Integra Realty Resources

Benchmark Senior Living Acquires Standalone Memory Care Community in New Hampshire Waltham, Massachusetts-based senior housing provider Benchmark Senior Living recently purchased The Arbors of Bedford, a standalone memory care community with 54 apartments in Bedford, New Hampshire. Specifically, Benchmark acquired an interest in The Arbors of Bedford from U.S. Healthcare Venture LLC, with whom it […]

Senior Housing Investments & Transactions: Greystone, IPA

Greystone Closes $12.5 Million Sale of Community in Texas Greystone Real Estate Advisors has closed on the sale of a Class A assisted living and memory care community 20 miles east of downtown Dallas. Cornerstone Senior Living purchased Three Forks of Forney in Forney, Texas, from Healthcap Partners on March 17 for $12.5 million, according to […]

Senior Housing Finance Activity: CBRE, Cushman & Wakefield

Thorofare Capital Provides $19 Million Loan for Senior Living Community in Phoenix Los Angeles-based investment manager Thorofare Capital recently provided a $19 million, fixed-rate bridge loan to refinance debt on MorningStar at Arcadia, a 135-bed senior living community in Phoenix. MorningStar Senior Living operates the four-story, 139,643-square-foot community, which has 80 assisted living units and 30 memory […]

Senior Housing Finance Activity: Ensign, CareTrust

The Ensign Group Announces $250 Million Revolving Credit Facility The Ensign Group, Inc. (Nasdaq: ENSG), which is based in Mission Viejo, California, announced that Ensign and its operating subsidiaries have boosted its revolving credit facility by $100 million to an aggregate of $250 million, $105 million of which was drawn as of Feb. 1. The credit […]

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: Chicago Pacific Founders

Marcus & Millichap Announce $13.8 Million Sale of Ohio ALF Mark Myers, Joshua Jandris and Charles Hilding of Marcus & Millichap Institutional Property Advisors represented the seller in a transaction that closed recently, involving an 82-unit assisted living and memory care facility in Canton, Ohio. The Landing of Canton was sold by a private seller […]

Senior Housing Investments & Acquisitions (9/10/13)

Care Investment Trust Closes Acquisition of 2 Senior Housing Assets Care Investment Trust LLC, a subsidiary of Tiptree Financial Inc. (NASDAQ:TIPT) that focuses on senior housing real estate investment, and privately-held senior housing owner and operator Premier Senior Living, L.L.C., recently announced the closing of a previously announced acquisition of two senior housing facilities located in […]

Care Investment Trust Buys Two Senior Apartment Complexes Valued at $23.3 Million

Care Investment Trust Inc. (OTCQX:CVTR) announced on Friday it had entered a joint venture with affiliates of Calamar Enterprises, Inc., owned 75% by affiliates of Care and 25% by affiliates of Calamar, for the acquisition of two senior apartment communities from affiliates of Calamar valued at $23.3 million.  Simultaneously with the acquisition, Care entered into […]