SLIB Arranges Sale of 18-Unit Memory Care Community in Oregon

BEAVERTON, Ore. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Murray Highland Memory Care in Beaverton, a suburb of Portland. The community features 18 memory care units totaling 24 beds. The 12,048-square-foot community was built in 2018

Blueprint Brokers Sale of 207-Unit Community in Riverside, California

RIVERSIDE, Calif. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 207-unit independent living, assisted living and memory care community in Riverside, approximately 50 miles east of Los Angeles. The seller, a joint venture between Capitol Seniors

ESI Arranges Sale of Lakewood Memory Care in Colorado for $8.5M

LAKEWOOD, Colo. — Evans Senior Investments (ESI) has arranged the sale of Lakewood Memory Care, a 46-unit memory care facility, for $8.5 million, or $185,000 per unit. Located 10 miles south of downtown Denver in Lakewood, the facility totals 52

Industry Veterans Steve Kennedy, Kass Matt Launch VIUM Capital

COLUMBUS, Ohio — Seniors housing and healthcare industry veterans Steve Kennedy and Kass Matt have launched a new finance venture, VIUM Capital. Based in Columbus, the company is an independent financial services firm focused on providing capital to the seniors

Blueprint Negotiates Sale of 60-Unit Community in Dallas

DALLAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 60-unit assisted living and memory care community in Dallas. An institutional owner-operator sold the property to a Dallas-based developer, owner and operator looking to expand. The price

Three Architecture Firm Rebrands, Grows Team

DALLAS — Three: Living Architecture, a Dallas-based architecture firm with a specialty in seniors housing, has rebranded as simply “three” while expanding and promoting its team. Longtime team member Christine Cook was promoted to the role of principal, while Steven

Sabra Hires Darrin Smith as Executive Vice President of Investments

IRVINE, Calif. — Sabra Health Care REIT Inc. (NASDAQ: SBRA) has hired Darrin Smith as executive vice president of investments. Smith will oversee the investment team and assist the Sabra leadership team on business development opportunities. The company is an

Argentum Postpones Conference, Goes Virtual

TAMPA, Fla. — Argentum, an Alexandria, Virginia-based association serving seniors housing owners and operators, has postponed its Senior Living Executive Conference that was scheduled to occur May 18 to May 20 in Tampa. The event will now be held completely

REIT Roundup: Sabra Cuts Dividend, LTC Ends Share Repurchase Plan

IRVINE and WESTLAKE VILLAGE, Calif. — As publicly traded REITs in the seniors housing space continue to brace for the impact of the COVID-19 pandemic, Irvine-based Sabra Health Care REIT (NASDAQ: SBRA) and Westlake Village-based LTC Properties (NYSE: LTC) have

SLIB Arranges Sale of Brookdale Northport in Alabama

NORTHPORT, Ala. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Brookdale Northport, a seniors housing community in Northport, a suburb of Tuscaloosa. Built in 1999, the community features 68 assisted living units and 10 memory care units