LTC Sells Three Assisted Living Communities in Wisconsin for $35M

WESTLAKE VILLAGE, Calif. — LTC Properties Inc. (NYSE: LTC), a Westlake Village-based REIT, has sold three assisted living communities in Wisconsin that were part of LTC’s Senior Lifestyle portfolio for $35 million. The estimated gain from the sale of the

Lifesprk to Acquire Tealwood Senior Living, Bill Thomas to Spearhead New Model

MINNEAPOLIS and BLOOMINGTON, Minn. — Lifesprk, a Minneapolis-based community-based services provider, has announced plans to acquire Tealwood Senior Living, a Bloomington-based operator with 35 seniors housing communities. “The current senior housing market, accelerated by the pandemic, created significant opportunity to

Ziegler Arranges $9.6M Refinancing for Eskay Real Estate

UNION GROVE and LOMIRA, Wis. — Ziegler has arranged $9.6 million in refinancing on behalf of Eskay Real Estate, a family-owned post-acute care provider in Southeastern Wisconsin. The refinancing funded the acquisition of a previous partner’s majority interest and refinanced

NHI Acquires The Courtyard at Bellevue in Wisconsin for $12.3M

BELLEVUE, Wis. — National Health Investors Inc. (NYSE:NHI) has exercised its purchase option to acquire The Courtyard at Bellevue, a 43-unit assisted living and memory care community in Bellevue, a small village just outside of downtown Green Bay. The purchase

New Perspective Opens 128-Unit Community in Waukesha, Wisconsin

WAUKESHA, Wis. — New Perspective has completed construction of New Perspective Waukesha, a 128-unit independent living, assisted living and memory care community in the Milwaukee suburb of Waukesha. “This is the second community we’ve opened over the past two months.

New Perspective Opens 149-Unit Community Near Milwaukee

FRANKLIN, Wis. — New Perspective has opened New Perspective|Franklin, a seniors housing community in the southwestern Milwaukee suburb of Franklin. The property totals 149 units of independent living, assisted living and memory care. “Despite opening during the pandemic, our senior

SLIB Negotiates $2.3M Sale of St. Clare Terrace in Milwaukee

MILWAUKEE — Senior Living Investment Brokerage (SLIB) has arranged the sale of St. Clare Terrace, a 59-unit assisted living community in Milwaukee. The community was built in 1964 and operates under the Residential Care Apartment Complex (RCAC) designation. The 67,000-square-foot

SLIB Negotiates Sale of 394-Bed Portfolio in Wisconsin

CHETEK, BLACK RIVER FALLS, BLOOMER and OCONTO FALLS, Wis. — Senior Living Investment Brokerage (SLIB) has arranged the sale of four skilled nursing facilities and three assisted living communities located throughout the northern half of Wisconsin. The properties total 394