Acquisitions

BOSTON — Blueprint has brokered the sale of a skilled nursing facility located in the Brighton neighborhood of Boston.  Built in 1982 and totaling 78 beds, the property was 91 percent occupied at the time of sale. According to Blueprint, the facility was experiencing annual revenues over $10 million at the time of sale.  Steve Thomes, Michael Segal, Andrew Sfreddo and Daniel Waldhorn of Blueprint represented the seller, a public REIT, in the transaction. 

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MURFREESBORO, Tenn. — National Health Investors (NHI) has completed the $74 million acquisition of four senior living properties located in Oklahoma and Oregon.  Totaling 344 units, the communities will be included in NHI’s senior housing operating portfolio (SHOP) segment. Compass Senior Living will continue to manage the properties on behalf of NHI.  According to NHI, the company has completed investments amounting to roughly $249.2 million year-to-date in 2025. With a portfolio comprising 11,314 units, NHI ranked as the twelfth-largest seniors housing operator in the 2025 edition of the ASHA 50, which is based on …

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CENTRAL CITY, Neb. — Helios Healthcare Advisors has arranged the sale of Cottonwood Estates, an assisted living facility located in Central City.  A Texas-based owner and operator acquired the property, which totals 47 units. This marks the buyer’s first acquisition in Nebraska.  Bill Janis, Justin Valle, Cullen Nguyen and Jeff Rhodes of Helios represented the undisclosed seller in the transaction. 

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DANBURY and NORWALK, Conn. — CBRE has brokered the $39.8 million sale of a two-property affordable seniors housing portfolio located in Connecticut. CBRE represented the seller, First Atlantic LLC, in the transaction and procured the buyer.  An affiliate of Heritage Housing Inc. acquired the properties, which total 169 units and include Kimberly Place in Danbury and One Leonard in Norwalk.  Both properties are reserved for residents ages 62 and older. Kimberly Place and One Leonard feature 116 and 53 one-bedroom apartments, respectively. 

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MECHANICSVILLE, Va. — Investment firm Clarion Partners has acquired Sancerre at Atlee Station in Mechanicsville, marking the first seniors housing acquisition for the company. NexCore Group sold the property for an undisclosed price.  Experience Senior Living, a subsidiary of NexCore, will continue to operate the community.  Opened in September 2023, Sancerre at Atlee Station totals 103 units, with independent living, assisted living and memory care options.  BWE investment Sales, an affiliate of BWE, facilitated the transaction.  “Senior housing is a high-conviction strategy for Clarion,” says Julie Robinson head of healthcare at …

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BRIDGEWATER TOWNSHIP, N.J. — Continuum Advisors has brokered the sale of Laurel Circle, a continuing care retirement community (CCRC) located in Bridgewater Township, roughly 40 miles southwest of New York City.  David Kliewer and Jay Jordan of Continuum arranged the transaction. An affiliate of Maxwell Group and Senior Living Communities was the buyer.  Totaling 270 units, Laurel Circle features 183 independent living apartments, 19 independent living villas, 30 assisted living residences, 10 memory care units and 28 skilled nursing units. The property also includes five acres of undeveloped land for future …

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EUGENE, Ore. — Senior living brokerage firm The Zett Group has arranged the $18.5 million sale of a community located in Eugene.  Built in 1979, the property — Churchill Estates — comprises 241 independent living, assisted living and memory care units.  A joint venture acquired the community from the sellers, Ron and Joyce Knutson.  

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WESTLAKE VILLAGE, Calif. — LTC Properties Inc. has completed the acquisition of a portfolio of senior living communities located in Wisconsin for $195 million. Totaling 520 independent living, assisted living and memory care units, the portfolio includes Hamilton House Senior Living in Cedarburg; Eagle Point Senior Living in Appleton; Kettle Park Senior Living in Stoughton; Reena Senior Living in Fort Atkinson; and Cardinal View Senior Living in Middleton. Together, the communities have an average age of six years.  LTC funded the senior housing operating portfolio (SHOP) acquisition with a line of …

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WHEATON, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a 125-unit community located in Wisconsin.  The property, which was 90 percent occupied at the time of sale, features independent living, assisted living and memory care residences.  Jason Punzel, Jake Anderson and Ryan Saul of SLIB brokered the transaction on behalf of the undisclosed seller. 

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HOPKINS and ROCHESTER, Minn. — Blueprint has arranged the sale of a skilled nursing portfolio located in Hopkins and Rochester. Totaling 230 units, the portfolio comprises two properties. A publicly traded REIT was the seller.  Connor Doherty, Ryan Kelly, Amy Sitzman, Giancarlo Riso and Will Roberts of Blueprint brokered the transaction on behalf of the seller.  According to Blueprint, the properties were classified as “distressed” at the time of sale. The buyer plans to leverage their existing infrastructure, clinical resources and local market expertise to achieve stabilized performance at the facilities.  

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