Blueprint Arranges Sale of 55-Unit Community in Birmingham, Alabama

BIRMINGHAM, Ala. — Blueprint Healthcare Real Estate Advisors has negotiated the sale of a 55-unit independent living and assisted living community in Birmingham The Alabama-based developer purchased the existing assisted living community in 2016 and completed a full renovation, as

Standard Communities Acquires 597-Unit Chesapeake Crossing in Virginia

CHESAPEAKE, Va. — Standard Communities, the affordable housing division of Standard Cos., has acquired Chesapeake Crossing, a 597-unit mixed-income community for seniors in Chesapeake, located near the coast and the North Carolina border. The total capitalization of the transaction is

SLIB Brokers $7.2M Sale of Vacant Community in Wayzata, Minnesota

WAYZATA, Minn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Meridian Manor, an independent and assisted living community located in Wayzata, approximately 13 miles west of downtown Minneapolis. Totaling 67 units, the 78,000-square-foot community was built on

Blueprint Brokers Sale of 160-Unit Community Near Atlanta

SANDY SPRINGS, Ga. — Blueprint Healthcare Real Estate Advisors has negotiated the sale of a 160-unit assisted living and memory care community in Sandy Springs, just north of Atlanta. The community, which was not identified, recently underwent a multi-million-dollar renovation.

Sabra Acquires Two Communities in the Southeast for $28.5M

AUGUSTA, Ga., and GULF BREEZE, Fla. — Sabra Health Care REIT Inc. (NASDAQ: SBRA) has acquired a 100-unit seniors housing facility in Augusta and a former seniors housing facility in Gulf Breeze for an aggregate purchase price of $28.5 million.

Waiting on an M&A Rebound

COVID-19 pandemic froze property sales in 2020, and experts say the big thaw likely won’t occur until occupancy improves. By Jeff Shaw U.S. seniors housing property and portfolio sales ground to a halt in 2020, with a total transaction volume

NIC Expands Data Capabilities by Acquiring Analytics Platform VisionLTC

ANNAPOLIS, Md., and RALEIGH, N.C. — The National Investment Center for Seniors Housing & Care (NIC) has acquired Raleigh-based VisionLTC, a data analytics platform serving the seniors hosuing industry. Together, Annapolis-based NIC and VisionLTC are creating a new company called