Friday, October 3, 2025
Read the Magazine Subscribe

Acquisitions

AcquisitionsCCRCNewsPennsylvania

SLIB Brokers Sale of 168-Bed St. Mary’s East in Erie, Pennsylvania

by Jeff Shaw

ERIE, Pa. — Senior Living Investment Brokerage (SLIB) has arranged the sale of St. Mary’s East, a continuing care retirement community in Erie. The original building was constructed in 1929 and the campus underwent several additions and renovations with the last project completed in 2010. It features 139 skilled nursing beds and 29 units / 58 beds of residential and personal care. The seller was a local nonprofit looking to focus on its other campus, which is a true entry fee CCRC model. The buyer and price were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsCaliforniaNevadaNews

Harrison Street Agrees to Acquire 24 Seniors Housing Assets, Sell 14 Medical Office Properties for $1.6B

by Jeff Shaw

CHICAGO — Chicago-based Harrison Street has entered into a series of transactions under which the company agreed to purchase 24 seniors housing assets and sell 14 medical office properties for a total transaction volume of approximately $1.6 billion. The 24 Class A seniors housing properties comprise 2,195 assisted living and memory care units across California and Nevada. The purchase price was roughly $1.2 billion. Healthpeak Properties Inc. was the seller of 12 communities, while Gallaher Cos. was the seller of the other 12 properties. Oakmont Management Group operates all 24 …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsIllinoisNewsOhio

Pathway to Living, Welltower Acquire 22-Property Portfolio in Illinois, Ohio

by Jeff Shaw

TOLEDO, Ohio, and CHICAGO — Pathway to Living, the seniors housing platform of Chicago-based real estate investor and operator Waterton, has partnered with giant healthcare giant Welltower (NYSE: WELL) to manage and modernize a 22-property seniors housing portfolio across Illinois and Ohio. Pathway to Living will operate the communities, which Toledo-based Welltower will own. The portfolio totals 1,105 units. “This new alliance with Welltower, the industry’s leading healthcare real estate entity, is a testament to our reputation as a specialist in middle-market senior housing operations,” says Jerry Finis, CEO of …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsMassachusettsNewsSkilled Nursing

Cushman & Wakefield Brokers Sale of 135-Bed Skilled Nursing Facility on Cape Cod

by Jeff Shaw

HARWICH, Mass. — Cushman & Wakefield has brokered the sale of Wingate at Harwich, a 135-bed skilled nursing facility located in the Cape Cod city of Harwich. Richard Swartz, Jay Wagner, Dan Baker and Jack Griffin of Cushman & Wakefield represented the seller, an undisclosed institutional investor that is exiting the skilled nursing space, in the transaction. The buyer, a regional operator, plans to upgrade the community.

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsAssisted LivingNewsOregon

SLIB Negotiates Sale of 95-Unit Community in Ashland, Oregon

by Jeff Shaw

ASHLAND, Ore. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Skylark, an assisted living and memory care community in Ashland, located near the California border. Totaling 95 units, the community was built in 1997 with a renovation project in 2015. The facility is approximately 66,169 square feet and is situated on approximately 2.85 acres of land. The seller was regional owner-operator looking to exit the Oregon market. The buyer is a regional investor that will use a third-party operator. The price was not disclosed. Jason Punzel, Vince …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsCCRCIowaNebraskaNews

Lifespace Sells Two CCRC Campuses in Midwest to Immanuel Communities

by Jeff Shaw

LINCOLN, Neb., and DES MOINES, Iowa — Immanuel Communities has acquired two continuing care retirement community (CCRC) campuses in Lincoln and Des Moines. Lifespace Communities, also a nonprofit owner-operator, was the seller. Terms of the transaction were not disclosed. Deerfield and Grand Lodge at the Preserve will join Immanuel’s portfolio in third-quarter 2021. The campuses comprise 349 apartments with a mix of independent living, assisted living, memory care, residential care, and skilled-nursing and long-term care. The acquisitions are part of Immanuel’s plans to expand its Midwest presence.

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsIndianaNewsSkilled Nursing

ESI Arranges Sale of Providence Anderson Skilled Nursing Community in Indiana for $17.45M

by Jeff Shaw

ANDERSON, Ind. — Evans Senior Investments (ESI) has arranged the sale of Providence Anderson, a 204-bed skilled nursing community, for $17.5 million, or $97,000 per functional bed. Built in three phases in 1964, 1978 and 1998, the property is located in Anderson, approximately 35 miles northeast of Indianapolis. The seller was an owner-operator of skilled nursing communities with locations primarily on the West Coast. Providence Anderson represented the seller’s only community in Indiana with the nearest community in the seller’s portfolio being 122 miles away. The buyer was a regional …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsAssisted LivingCaliforniaNews

SLIB Negotiates Sale of 77-Unit Community in Whittier, California

by Jeff Shaw

WHITTIER, Calif. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Posada, a 77-unit assisted living and memory care community in Whittier, a suburb of Los Angeles. The facility was built in 1984 with a renovation in 2017. It totals 41,658 square feet on approximately 0.72 acres of land. The seller was a regional owner-operator looking to divest from the senior care space. The buyer is a local owner-operator that plans on making some renovations to the property. Brad Goodsell, Jason Punzel and Vince Viverito of SLIB handled …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsFinanceNewsOhio

Oxford Finance Provides $24M Credit Facility to Owner-Operator Lantern Group

by Jeff Shaw

CHAGRIN FALLS, MADISON and SAYBROOK, Ohio — Oxford Finance LLC, an Alexandria-based lender, has closed a $24 million senior credit facility for Lantern Group, an owner and operator of skilled nursing and assisted living facilities. The funds were used to acquire three assisted living and memory care facilities located in Ohio: Lantern of Chagrin, Lantern of Madison, and Lantern of Saybrook. Lantern was founded in 2004 by CEO Jean Makesh and is headquartered in Northeast Ohio. The company has been the operator of the three facilities since their original construction. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Virtual Site Walk
AcquisitionsContent PartnersFeaturesFinanceIndustry ContentOperationsPeopleSkilled NursingTechnology

Post-Pandemic Considerations for Acquisitions and Renovations

by Sarah Daniels

By Sarah Daniels Planning ahead is never easy, but in the world of senior living construction, acquisitions and renovations, it makes everything that follows easier — and often more cost effective in the long term. The need to future-proof seniors housing has taken on new significance in the face of COVID-19 and will continue to be a priority to help prospective and current residents feel safe physically, mentally and emotionally. With seniors housing occupancy rates down, creating a strong, upfront plan for long-term goals incorporating trends in design, wellness and technology …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts