Research & Analysis
Deal Lab
Real Transactions. Real Numbers. Real Lessons.
Every deal below is reconstructed from public records, state licensing data, and open-source intelligence. We reverse-engineer the financials so you can learn what works — and what doesn't — before you write your next check.
10 Deals Analyzed
2208 Total Beds
6 of 10 Rated Winners
Transactions in the News
Every Senior Housing Deal Worth Knowing About
Closed transactions reported across the country — with the address, the price, the buyer and the seller, and a link to the source for every line. Where the press did not report a figure, we leave it blank rather than estimate it.
55
Closed Deals Tracked
$2.63B
Reported Volume
24
States Covered
$254,223
Median $/Unit (care assets)
| Property & Address | Care Type | Price | Units | $/Unit | Buyer | Seller | Date | Source |
|---|---|---|---|---|---|---|---|---|
Four-community Minnesota SHOP portfolio operated by Lifespark Senior Living Not disclosed, MN Four communities, 453 units of independent living, assisted living and memory care, closed at $200 million — roughly $441,501 per unit computed from the two reported figures, as no per-unit was published. The number worth pausing on is how close that lands to LTC's other Minnesota purchase four weeks earlier: Boulder Ponds and Round Lake cleared $95 million on 215 units, or about $441,860 per unit. Two separate transactions, the same buyer, the same state, and per-unit pricing within roughly $360 of each other. That is a buyer with a settled view of what Twin Cities-area senior housing is worth rather than one bidding each deal on its own merits. Reported average asset age is nine years, so this is recent-vintage product, not a value-add basis. Structure matters here too: this is a SHOP acquisition, meaning LTC takes the operating economics rather than collecting a triple-net rent, with Lifespark Senior Living — already an LTC operating partner — assuming management. Seller, broker, individual community names and street addresses were all undisclosed. Funding was $167 million of proceeds from a Texas skilled nursing portfolio sale plus revolver draw, which is the recycling trade the REITs have been running all year: sell skilled nursing, buy private-pay seniors housing. LTC reports nearly $580 million closed year to date with another $120 million expected by the end of September. | Mixed / Campus | $200.0M | 453 units | $441,501computed | LTC Properties, Inc. (NYSE: LTC) | Not disclosed | Sep 2, 2026reported | Seniors Housing Business |
32-facility Florida skilled nursing operations portfolio (leased from Omega Healthcare Investors)Pending Statewide, FL Not closed — PACS expects this to complete in its fourth financial quarter, so it is recorded here as pending. Read the structure carefully before comparing it to anything else on this wire: PACS is acquiring the OPERATIONS at 32 Florida skilled nursing facilities and leasing the real estate from Omega subsidiaries. No property changes hands and no purchase price was disclosed, so there is no per-bed figure to compute and none should be inferred. At 4,049 licensed beds this is a large single-state operational entry, and it is PACS entering Florida for the first time against 71 existing operations in Texas, South Carolina, Tennessee and Kentucky. Individual facility names and addresses were not reported. For anyone underwriting Florida skilled nursing, the relevant signal is not a cap rate — it is that a large multi-state operator just took on 4,049 beds of leased capacity in the state, which changes the competitive and labor picture well before it changes any comp set. | Skilled Nursing | Not disclosed | 4049 beds | — | PACS Group, Inc. (NYSE: PACS) — acquiring operations only; the real estate is leased from subsidiaries of Omega Healthcare Investors (NYSE: OHI) | Not disclosed | Sep 1, 2026reported | Skilled Nursing News |
Eduro Healthcare — 11-facility skilled nursing tranche (of a 34-facility program) Multi-state, UT A tranche close rather than a standalone deal: PACS closed on 11 skilled nursing facilities owned and operated by Eduro, on top of 20 that closed the prior month, bringing the previously announced program to 31 of 34 acquisitions complete. The reporting attaches 3,633 beds to that 31-of-34 progress figure without breaking out how many belong to this particular 11-facility tranche, so no bed count is recorded against this entry and no per-bed is computed. No price was disclosed for the tranche or the program. The portfolio-level effect is the part that is clearly stated: the closings take PACS to 355 buildings and into three new states — New Mexico, North Dakota and South Dakota. Tranche-by-tranche closings on a multi-facility program are normal where each licence transfers on its own regulatory clock, and the three still outstanding are most likely waiting on exactly that. | Skilled Nursing | Not disclosed | — | — | PACS Group, Inc. (NYSE: PACS) | Eduro Healthcare | Sep 1, 2026reported | Skilled Nursing News |
Shenandoah Valley five-property assisted living portfolio Shenandoah Valley region, VA Five-property Virginia portfolio totaling 159 units and licensed for 267 beds — the gap between those two figures is the shape of the asset rather than a reporting error. Licensed capacity runs roughly 1.7x the unit count, so a meaningful share of these are semi-private or companion rooms. That matters to anyone underwriting revenue per unit versus revenue per licensed bed, because the second number is the one that moves if an operator elects to fill to license. Individual property names, street addresses and the purchase price were all undisclosed, so no per-unit is computed and no address is recorded. Neither party was named beyond geography and profile: a local Shenandoah Valley owner-operator selling to a New Jersey buyer already operating in multiple states. A regional seller exiting to an out-of-state consolidator is the pattern worth tracking in secondary Virginia markets. | Assisted Living | Not disclosed | 159 units | — | A New Jersey-based assisted living owner-operator with ownership in multiple states (not named in the reporting) | A local owner and operator of senior living communities in the Shenandoah Valley and surrounding areas (not named in the reporting) | Sep 1, 2026reported | Senior Housing News |
Virginia two-facility assisted living package Not disclosed, VA Two Virginia assisted living facilities sold as a package — 55 units against 67 licensed beds, the same license-exceeds-units structure seen in the larger Shenandoah portfolio that traded the same week. Both parties are New York-based and neither was named; the release described the seller only as a senior living private equity and operating group and the buyer as an operator running both skilled nursing and assisted living. That combination is the notable part: a private-equity holder exiting Virginia assisted living to a strategic operator with skilled nursing already in its book, which usually signals a buyer underwriting clinical capability rather than real estate alone. No price, no property names, no cities and no addresses were reported, so none are recorded here. | Assisted Living | Not disclosed | 55 units | — | A New York-based operator of skilled nursing and assisted living facilities (not named in the reporting) | A New York-based senior living private equity and operating group (not named in the reporting) | Sep 1, 2026reported | Senior Housing News |
Heartis Mid Cities 2308 Highway 121, Bedford, TX 178-unit independent living, assisted living and memory care community in Bedford, in the middle of the Dallas-Fort Worth metroplex, built in 2018. Price undisclosed, so no per-unit is computed. The buyer description is the interesting part and we have left it exactly as reported rather than guessing a name: Berkadia said only that the purchaser is an S&P 500 company focused on seniors housing, which narrows the field to a small number of listed REITs but does not identify one, and we will not put a name on a deal the broker deliberately did not name. The seller side is a developer-plus-fund joint venture exiting a 2018 vintage asset at roughly seven years old — the same hold-period pattern visible elsewhere on this wire, where merchant-build capital rotates out once a community is stabilized and a listed buyer takes the stabilized cash flow. Street address confirmed from the operator's own community page (heartis.com/locations/mid-cities), which lists 2308 Highway 121; at least one third-party listing aggregator publishes 2312 Highway 121 for the same community, and we have used the operator's own figure. | Mixed / Campus | Not disclosed | 178 units | — | An S&P 500 company focused on seniors housing (not named in the release) | Joint venture between Caddis Partners (Dallas) and a private equity real estate fund (fund not named) | Aug 28, 2026reported | Berkadia |
Vinecroft 5945 Vinecroft Drive, Clarence Center, NY 66-unit entrance-fee independent living community outside Buffalo, built in 2001 with additional construction through 2017. The campus is an unusual shape: 12 residential buildings comprising one congregate facility of 44 units plus 11 duplexes holding 22 cottage-style units. Occupancy was reported at 63.5% when the property was taken to market in summer 2025, with the duplex units fully occupied — we have left the occupancy field null rather than record a figure roughly a year stale as though it were the number at close. Price undisclosed, so no per-unit is computed. Neither buyer nor seller was named; the seller was described only as a faith-based not-for-profit operating in that part of the state. Street address confirmed against the community's own site (vinecroft.org) rather than taken from the release, which gave none. The entrance-fee structure matters here — a value-add buyer taking a 63.5%-occupied entrance-fee community is underwriting refundable-deposit liabilities as well as census. | Independent Living | Not disclosed | 66 units | — | A real estate investment group (not named in the reporting) | A faith-based not-for-profit that owns and operates seniors housing in western New York (not named in the reporting) | Aug 28, 2026reported | The SeniorCare Investor (Irving Levin Associates) |
Meadowlark Pointe 2300 Avenue O, Cozad, NE 49-unit assisted living and memory care community in rural Cozad, Nebraska, sold by the hospital that built it. Cozad Community Health System developed the property in 2006 and expanded and renovated it in 2019 to reach its current unit count. The reporting describes it as one of the strongest physical plants in its rural market, benefiting from limited competition. Price and buyer were both undisclosed. Two things make this worth logging beyond its size: it is a hospital exiting direct ownership of senior housing, the same seller archetype as the nonprofit and founder exits elsewhere on this wire; and the broker, Decker Healthcare Group, is a brand-new firm formed earlier this year by four brokers who left Helios Healthcare Advisors, so this sits among its first closed transactions. Address confirmed from the operator's own contact page (meadowlarkpointe.com), whose listed email runs on the cozadhealth.com domain — consistent with the reported hospital ownership. | Assisted Living | Not disclosed | 49 units | — | Not disclosed | Cozad Community Health System | Aug 28, 2026reported | The SeniorCare Investor (Irving Levin Associates) |
First Atlantic Healthcare — 20-facility Maine portfolioPending Statewide, ME PENDING — reported as being in the early stages, subject to state approval, and characterized by the seller as possibly completing before the end of the year. Twenty nursing homes and assisted living facilities spanning nine Maine counties, described in the reporting as more than 1,300 beds. We have left the bed count null rather than record 'more than 1,300' as a precise figure. Price, deal structure and post-closing plans were all undisclosed. This is the largest single change of long-term-care ownership in Maine we have seen reported this year, and the driver is succession rather than distress — First Atlantic's founders are preparing to fully retire. Six of the facilities are jointly run with Northern Light Health, some acquired within the last two years; Northern Light's spokesperson said the health system was 'heartened that First Atlantic has taken steps to preserve access to care.' Buyer Links Healthcare operates more than 32 facilities across California and Tennessee, was founded in 2017, and is an operating partner of CareTrust REIT (NYSE: CTRE), which acquired 10 of its facilities in late 2024 — so a REIT capital partner is plausible here but was not reported and we are not assuming it. Links facilities carry an average CMS Care Compare rating of 4.1 stars per the reporting. No address is given because this is a statewide portfolio and the individual facilities were not enumerated. | Mixed / Campus | Not disclosed | — | — | Links Healthcare Group (San Diego) | First Atlantic Healthcare | Aug 28, 2026reported | Skilled Nursing News |
Woodward Estates (Brookdale Woodward Estates) 14997 Health Center Drive, Bowie, MD 80-unit assisted living community in the Washington, D.C. MSA, adjacent to the UM Bowie Health Center, and another step in Brookdale's continuing program of divesting underperforming assets. Occupancy was reported as hovering around 65% at the time of sale — recorded here as 65 with that approximation stated rather than implied precision. The reporting frames the asset as a turnaround: room to improve census, resident rates and margin, with limited near-term capital needs. The structure is the part worth studying. The building sits on land owned by Prince George's County, leased to the neighboring hospital system, which in turn subleases to the property owner — a two-layer ground lease that the reporting says presented challenges in the sale. Price remains undisclosed, so no per-unit. Address confirmed against multiple independent community listings (14997 Health Center Drive, Bowie, MD 20716). UPDATED Sept. 1, 2026: the buyer is Cougar Capital, a regional investment firm reported to own more than 1,100 seniors housing units, and Blueprint has confirmed it brokered the sale. Willow Ridge Senior Living has assumed management (Senior Housing News, Sept. 1, 2026). A regional buyer with an existing 1,100-unit book taking on a two-layer ground-lease turnaround is a specific risk appetite worth noting. | Assisted Living | Not disclosed | 80 units | — | Cougar Capital | Brookdale Senior Living | Aug 27, 2026reported | The SeniorCare Investor (Irving Levin Associates) |
Pinnacle Senior Living 615 Whitehouse Drive, Lufkin, TX 80-unit Class-A assisted living and memory care community in East Texas, 91% occupied at sale, built in 2018 and sitting on 14 acres with room to expand. The reporting carries an unusual amount of operating detail for a wire item: a 27% operating margin on $3.835 million of revenues. That is the useful comparison on this wire — a stabilized, well-occupied 2018-vintage asset trading to a regional operator who is keeping management in place, set against the 63.5%-occupied nonprofit exit in New York and the 65%-occupied Brookdale divestiture in Maryland the same week. Price was not disclosed, so no per-unit figure is computed. Address confirmed from independent community listings (615 Whitehouse Drive, Lufkin, TX 75901); the release gave none. | Assisted Living | Not disclosed | 80 units | — | A Texas-based regional owner/operator (not named in the reporting), retaining existing management | An independent owner/operator (not named in the reporting) | Aug 27, 2026reported | The SeniorCare Investor (Irving Levin Associates) |
Aiken Rehabilitation and Care Center 3525 Augustus Road, Aiken, SC 125-bed skilled nursing facility sold to a New York-based investor in a confidential transaction — no price was published, so none is shown. The buyer was described only as New York-based and was not named; the seller was not named either, and the facility was that operator's only South Carolina location and a geographic outlier for the former ownership. Built in 1991 and dually certified for Medicare and Medicaid, it ran at full licensed capacity with a census reported as exceeding 90%, and took more than $2M in upgrades in 2022 covering resident rooms and bathrooms, the main dining room, lobby and therapy gym. The report says the sale drew multiple competitive offers from in-state and out-of-state bidders, was the buyer's first South Carolina acquisition, and set a market-clearing price for a standalone SNF in the state — but since the number itself is confidential, that last claim is not one we can verify. The close date was not published, so the date shown is the report date. Address and the 125-bed count confirmed against the CMS Nursing Home Provider Info dataset. | Skilled Nursing | Not disclosed | 125 beds | — | Not disclosed | Not disclosed | Aug 25, 2026reported | Skilled Nursing News |
Winnwood Retirement Community 100 Whitlock Ave NW, Marietta, GA 202-unit independent and assisted living community in suburban Atlanta, described by Berkadia as a top-performing, newly renovated asset. The buyer was identified only as an S&P 500 company focused on seniors housing and is not named here, because naming it would be a guess. Price undisclosed, so no per-unit figure is computed. Street address confirmed against multiple independent community listings (100 Whitlock Ave NW, Marietta, GA 30064, Cobb County) rather than taken from the release, which gave no address. | Mixed / Campus | Not disclosed | 202 units | — | An S&P 500 company focused on seniors housing (not named in the release) | Vineyard Company (Georgia-based family office) | Aug 25, 2026reported | Senior Housing News (Senior Living Dealbook) |
Sonrisa Senior Living and The Watermark at Almaden (two-property Northern California portfolio) Roseville & San Jose, CA 545 units across two communities — Sonrisa Senior Living in Roseville and The Watermark at Almaden in San Jose. JLL called it one of the largest senior housing portfolio sales in Northern California in recent years. Transaction amount was not available and the REIT buyer was not named, so neither price nor per-unit is shown. Address left null because this is a two-property portfolio; community listings place Sonrisa on Roseville Parkway and The Watermark on Almaden Expressway, but neither was published in the release and neither is asserted here. | Mixed / Campus | Not disclosed | 545 units | — | A publicly traded REIT (not named in the release) | Joint venture between Affinius Capital and Alliance Residential Company | Aug 25, 2026reported | Senior Housing News (Senior Living Dealbook) |
The Arbor at Delray 6595 Morikami Park Road, Delray Beach, FL Four-story, 225,000 sq ft full-continuum community — independent living, assisted living and memory care — on Morikami Park Road in Delray Beach. Price of $140 million taken from Palm Beach County property records provided by Vizzda; the deal recorded in the week before the August 24 report, so the exact closing date is not published. Per-unit of roughly $676,000 is computed here (140,000,000 / 207), not published by a broker. Published rates at the time of sale started at $6,390 for independent living, $5,920 for assisted living and $8,990 for memory care. Note one inconsistency in the source: Bisnow describes the asset as six years old while also stating it was built in 2023 — the specific year is used here and the discrepancy is flagged rather than resolved. | Mixed / Campus | $140.0M | 207 units | $676,329computed | An entity tracing to Artemis Real Estate Partners | PGIM Real Estate | Aug 24, 2026reported | Bisnow South Florida (property records via Vizzda) |
The Preserve at Palm-Aire 3701 W. McNab Road, Pompano Beach, FL Seven-building, 318,000 sq ft campus offering independent living, assisted living, and memory and respite care. Carlyle sold for roughly $4 million LESS than it paid to acquire the property in 2013, per the South Florida Business Journal — a thirteen-year institutional hold that ended below nominal basis in the same week the sector printed record trade volume. Unit count was not reported, so no per-unit figure is computed. | Mixed / Campus | $32.0M | — | — | Meridian Senior Living (Bethesda, Maryland) | The Carlyle Group | Aug 24, 2026reported | Bisnow South Florida (citing South Florida Business Journal) |
Preston Greens Senior Living (renamed Cedarhurst of Hamburg) 1825 Little Herb Way, Lexington, KY Class A community on a five-acre, 124,010 sq ft campus in Lexington's Hamburg area — 100 assisted living units and 24 memory care units, 140 licensed beds, 95% occupied at the time of sale. Sits across from Baptist Health Hamburg Hospital. Renamed Cedarhurst of Hamburg effective July 15, which indicates the transaction closed before the August 21 trade report; the actual closing date was not published. Price undisclosed and the REIT partner was not named, so no per-unit figure is computed here. | Assisted Living | Not disclosed | 124 units | — | Partnership between Cedarhurst Senior Living and an undisclosed REIT | Not disclosed | Aug 21, 2026reported | Seniors Housing Business |
Esprit Whispering Ridge (renamed The Bellflower at Whispering Ridge) Omaha, NE Assisted living and memory care community acquired and rebranded The Bellflower at Whispering Ridge. Buyer and its investment partner plan roughly $1.3 million of capital improvements and will add independent living and 'assisted living plus' units. The acquisition brings Agemark's Omaha portfolio to five communities totaling more than 450 units — that 450 figure is the portfolio total, not this property's unit count, which was not reported. Price, seller, unit count, year built and street address were all undisclosed. | Assisted Living | Not disclosed | — | — | Agemark Senior Living, with an unnamed investment partner | Not disclosed | Aug 21, 2026reported | Seniors Housing Business |
126-unit independent living community (name withheld) Detroit suburb, MI Sold by an independent owner-operator exiting the industry to a regional owner-operator expanding its Michigan footprint. Broker reported interest from qualified buyers across the country. Community name, address, parties and price all undisclosed. | Independent Living | Not disclosed | 126 units | — | Not disclosed | Not disclosed | Aug 21, 2026reported | Senior Housing News |
Carefree Living — 10 communities Multi-state, MN Ten communities in Minnesota. Next Level Senior Living retained as manager of the portfolio following the acquisition. Price and unit count not disclosed. | Assisted Living | Not disclosed | — | — | Oxford Capital | Carefree Living | Aug 21, 2026reported | Senior Housing News |
Monarch Alternative Capital — 8-property portfolio Multi-state, NY Full continuum of care across more than 1,100 units. Monarch began assembling the portfolio in 2021 to capitalize on pandemic-era disruption and sold into the recovery. Buyers were a combination including a publicly traded REIT and a private equity firm; none were named. Unit count shown is the reported floor of "more than 1,100". Price not disclosed. | Mixed / Campus | Not disclosed | 1100 units | — | Not disclosed | Monarch Alternative Capital | Aug 19, 2026reported | Seniors Housing Business |
Three-facility skilled nursing portfolio (names withheld) Multi-market, MI Sold on behalf of an institutional owner exiting Michigan. Welltower partnered with an operator entering the Michigan market for the first time. Broker identified roughly $990,000 in potential annual revenue gains through Medicaid, Medicare Part A and Part B rate optimization, plus hospital referral and managed-care upside. Facility names, addresses and price not disclosed. | Skilled Nursing | Not disclosed | 347 beds | — | Welltower | Not disclosed | Aug 17, 2026reported | Skilled Nursing News |
Three-facility skilled nursing portfolio (names withheld) Albuquerque, NM Seller was an independent owner who held the properties for more than four decades before exiting the senior care industry. Portfolio traded subject to the existing triple-net lease, with Genesis Healthcare remaining as operator. Buyer, facility names and price not disclosed. | Skilled Nursing | Not disclosed | 360 beds | — | Not disclosed | Not disclosed | Aug 17, 2026reported | Skilled Nursing News |
Wyndham Lakes 10660 Old Saint Augustine Rd., Jacksonville, FL Independent living, assisted living and memory care on a 17-acre campus. Buyer is a Michigan-based real estate investor taking over operations and, per the release, intends to expand the community's acuity mix. Price not disclosed. | Mixed / Campus | Not disclosed | 246 units | — | Stagecoach Capital | Not disclosed | Aug 17, 2026reported | Senior Housing News |
Two-community memory care portfolio Cleveland (submarkets), OH Two communities built in 2014 and 2017, sold on behalf of a national senior living owner-operator and awarded to a regional owner-operator with an existing Ohio footprint. Neither party named; price not disclosed. | Memory Care | Not disclosed | 96 units | — | Not disclosed | Not disclosed | Aug 17, 2026reported | Senior Housing News |
Clearwater at Sonoma Hills 710 Rohnert Park Expressway, Rohnert Park, CA 70 assisted living units and 24 memory care residences, licensed for 100 residents, in a 49,000-square-foot building roughly 50 miles north of San Francisco. Clearwater Living continues to manage on behalf of Clarion Partners. Seller and sale price not disclosed. | Assisted Living | Not disclosed | 94 units | — | Clarion Partners | Not disclosed | Aug 14, 2026reported | Seniors Housing Business |
Kensington Senior Living — 8 communitiesPending Multi-state, CA PARTIALLY CLOSED as of Sept. 1, 2026 — AHR has closed on SIX of the eight communities, 464 of the 745 units, for $572 million (Senior Housing News, Sept. 1, 2026). That works out to roughly $1.233 million per unit on the closed tranche, computed by us from the two reported figures, against $1.172 million per unit implied across the full eight-community $873 million agreement. The remaining two communities are subject to definitive purchase agreements and are expected to close in the fourth quarter; this entry stays flagged pending until they do. The seller is Kensington Senior Living, which was not named in the original August announcement and is confirmed in the September reporting. Kensington stays on as manager. 93% of the units are designated assisted living and memory care, across the Los Angeles, San Francisco Bay Area, Washington, D.C. and New York metros in what AHR calls affluent, supply-constrained infill submarkets. Purchase price includes $56.5 million of Kensington's existing agency debt. Six of the eight opened in 2015 or later; Kensington developed seven. Worth recording for process reasons as much as pricing: AHR says the deal came through 'limited-channel marketing' rather than a broad market process, and Kensington founding managing partner Dave Faeder stated plainly that AHR 'were not the highest bidder' and that the objective 'was not simply to maximize price.' AHR reports $2 billion of new investments in 2026 with a further $675 million planned this year. | Assisted Living | $873.0M | 745 units | $1,171,812computed | American Healthcare REIT (NYSE: AHR) | Not disclosed | Aug 13, 2026reported | Senior Housing News |
Brookdale Senior Living — 17 communitiesPending Multi-state, TN PENDING — definitive agreement only, expected to close in Q4 2026. Seller undisclosed. | Assisted Living | $157.0M | 735 units | $213,605computed | Brookdale Senior Living | Not disclosed | Aug 11, 2026reported | Seniors Housing Business |
St. Anthony's Senior Living 1000 E 68th Street, Kansas City, MO 192-unit independent living, assisted living and memory care community on a four-acre site in the Brookside area of Kansas City, at 68th and Troost. The asset is an adaptive reuse rather than a ground-up build: the original Highland Tower medical office building was stripped to its steel and concrete frame beginning in 2019, with the tower delivered as independent living and a separate assisted living and memory care building completed in 2020. Price and seller were both undisclosed. What makes this one worth logging is the census history — the reporting describes a challenging post-COVID lease-up, with a regional operator brought in during March 2024 specifically to accelerate occupancy growth, and American House now taking over operations. That is a lease-up recovery trade on a five-year-old conversion, not a stabilized purchase, and it should not be read as a comp for a stabilized Class A community of the same unit count. Occupancy at close was not published, so the field is left null. Street address is from third-party community listings rather than the release, which gave none; the cross-street reference in the reporting is consistent with it. | Mixed / Campus | Not disclosed | 192 units | — | American House Senior Living Communities and Winterpast Capital Partners | Not disclosed | Aug 7, 2026reported | REBusinessOnline |
Boulder Ponds Senior Living and Round Lake Senior Living — two-community Twin Cities portfolio Lake Elmo and Arden Hills, MN Independent living, assisted living and memory care across two Class A communities: Boulder Ponds at 192 Jade Trail N in Lake Elmo, 95 units, completed 2020 and running approximately 98% occupancy; and Round Lake at 1740 Parkshore Dr in Arden Hills, 121 units, opened 2023. Lifespark Senior Living continues as operator. LTC reported a 7.4% cap rate and an anticipated unlevered IRR in the low- to mid-teens, funded from ATM equity proceeds. Note a unit-count discrepancy in the public record: buyer LTC states 215 units in aggregate while broker JLL's per-community figures sum to 216. We use the buyer's 215 for the per-unit math and report both rather than pick one — at 216 units the figure would be $439,815. JLL described Boulder Ponds as the highest price-per-unit senior housing trade in Minnesota. No single street address is shown because this is a two-property portfolio. | Mixed / Campus | $95.0M | 215 units | $441,860computed | LTC Properties, Inc. (NYSE: LTC) | Trident Development | Aug 5, 2026 | LTC Properties (Business Wire) |
Five-community north Atlanta portfolio Atlanta metro, GA All-cash. 611 units / 701 beds, developed 2018-2022. Claiborne Senior Living retained as operator. | Assisted Living | $147.0M | 611 units | $240,589computed | Not disclosed | Centric Development and Sage Equities joint venture | Aug 5, 2026reported | Seniors Housing Business |
Guava Gardens 5041 Guava Ave., La Mesa, CA Affordable age-restricted senior apartments for residents 62+. Not licensed care. | Senior Apartments | $12.5M | 81 units | $154,321computed | Positive Investments | Not disclosed | Aug 4, 2026reported | REBusinessOnline |
Two off-market Utah senior housing communities (names not disclosed) Not disclosed, UT Off-market. 212 assisted living and memory care units across two communities; price approximately $65 million inclusive of transaction costs. Entering CareTrust's senior housing operating portfolio, managed by an existing operator relationship in the market. CareTrust described both as opened within the past ten years but gave no year built, and did not name the communities, cities or seller. Announced alongside a separate 16-property UK care home portfolio, which is excluded here as non-US. | Assisted Living | $65.0M | 212 units | $306,604computed | CareTrust REIT, Inc. (NYSE: CTRE) | Not disclosed | Aug 1, 2026 | CareTrust REIT (Business Wire) |
Redwood Meadows 1475 Baechtel Road, Willits, CA Age-restricted senior apartments, not licensed care — per-unit pricing is not comparable to assisted living. Site includes land approved for 15 more units. | Senior Apartments | $10.8M | 101 units | $106,931 | Echelon Communities | TCC Properties | Jul 24, 2026reported | REBusinessOnline |
The Watermark at Oro Valley (rebranding as The Ironwood at Oro Valley) 9005 N. Oracle Road, Oro Valley, AZ 101-unit assisted living and memory care community in Oro Valley, north of Tucson, built in 2018. Steller Senior Living is rebranding the property as The Ironwood at Oro Valley. The close date was not published, so the date shown is the report date. The per-unit figure is computed by us from the reported $23M price and 101 units, not published by a broker. No brokerage was named in the report. | Assisted Living | $23.0M | 101 units | $227,723computed | Steller Senior Living | PGIM Real Estate | Jul 15, 2026reported | Connect CRE |
Fallbrook Rehabilitation & Care Center 10851 Crescent Moon Dr., Houston, TX 202-bed skilled nursing facility in northwest Houston sold out of a court-approved bankruptcy sale, clearing the debt held by the secured creditor. The process opened with a $12.25M stalking horse bid approved by the U.S. Bankruptcy Court; two additional qualified bidders competed through multiple rounds and drove the final price to $15M, roughly a 22% premium to the opening bid. That spread is the useful datapoint here — a competitive auction on a distressed SNF cleared well above the stalking horse. 91 of the 202 beds were dually certified for Medicare and Medicaid at the time of sale, and the payer mix skewed Medicaid because a newer nearby facility had taken much of the local Medicare census. The facility sat on CMS's Special Focus Facility Candidate List and carried an on-site dialysis unit and ventilator-capable infrastructure the outgoing operator was not using. Neither buyer nor seller was named. The per-bed figure is computed by us from the $15M price and 202 beds; the report cited approximately $74,300. Address and the 202-bed count independently confirmed against the CMS Nursing Home Provider Info dataset, which also lists the SFF Candidate status. | Skilled Nursing | $15.0M | 202 beds | $74,257computed | Not disclosed | Not disclosed | Jul 6, 2026 | Skilled Nursing News |
Las Ventanas de Socorro 10064 Alameda Avenue, Socorro, TX 126-bed skilled nursing facility in Socorro, in the El Paso metro. Ensign acquired both the real estate and the operations effective July 1, 2026, with the real estate held by subsidiaries of Standard Bearer Healthcare REIT, Ensign's captive real estate company. Ensign does not publish purchase prices on individual facility acquisitions, so price and per-bed are left blank rather than estimated; the seller was not named. Structure is the useful datapoint: the captive-REIT-plus-affiliated-operator model lets Ensign underwrite an operations turnaround while keeping the fee interest in-house, and it is the pattern behind most of the roughly forty facilities they have taken on this year. The 126-bed count and the street address were independently confirmed against the CMS Nursing Home Provider Info dataset, which lists the facility at 10064 Alameda Avenue, Socorro, TX 79927. | Skilled Nursing | Not disclosed | 126 beds | — | Standard Bearer Healthcare REIT (real estate) — operations to an Ensign Group affiliated tenant | Not disclosed | Jul 1, 2026 | The Ensign Group (GlobeNewswire) |
Los Arcos del Norte Care Center 11169 Sean Haggerty Drive, El Paso, TX 124-bed skilled nursing facility in far north El Paso, acquired in the same transaction as Las Ventanas de Socorro above and effective the same day. Real estate to Standard Bearer Healthcare REIT, operations to an Ensign-affiliated tenant. No price was published and none is estimated here; the seller was not named. Taken together the two facilities added 250 licensed beds and brought Ensign to 398 healthcare operations across 17 states, including 48 senior living operations, with 183 owned real estate assets. Two facilities in one metro bought on one effective date is a cluster play, not two separate bets — shared staffing pools, shared regional management and shared referral relationships are the economics. The 124-bed count and the address were independently confirmed against the CMS Nursing Home Provider Info dataset, which lists the facility at 11169 Sean Haggerty, El Paso, TX 79934. | Skilled Nursing | Not disclosed | 124 beds | — | Standard Bearer Healthcare REIT (real estate) — operations to an Ensign Group affiliated tenant | Not disclosed | Jul 1, 2026 | The Ensign Group (GlobeNewswire) |
MorningStar of Albuquerque & MorningStar of Wheat Ridge 8051 Palomas Ave. NE / 10100 W. 38th Ave., Albuquerque, NM & Wheat Ridge, CO, NM 69 units in Albuquerque, 64 in Wheat Ridge. Part of Harbert's five-community, $455M disposition. | Assisted Living | $73.0M | 133 units | $548,872computed | LTC Properties, Inc. (NYSE: LTC) | Harbert Management Corporation | Jul 1, 2026 | REBusinessOnline |
Harbert Management five-community portfolio NM, CO, FL & TX, TX Three separate transactions closing same day. Includes the two MorningStar assets listed separately above — do not double count. | Mixed / Campus | $455.0M | 811 units | $561,036computed | LTC Properties and others | Harbert Management Corporation | Jul 1, 2026 | Senior Housing News |
NHI to NHC portfolio (35 facilities) Multi-state, TN 32 skilled nursing facilities and 3 independent living facilities. Confirmed closed on NHI's Q2 earnings call. Bed count not reported. | Skilled Nursing | $560.0M | — | — | National HealthCare Corporation (NHC) | National Health Investors, Inc. (NYSE: NHI) | Jul 1, 2026 | Skilled Nursing News |
The Residence at Pompano Beach 295 SW 4th Ave., Pompano Beach, FL 61,116 sq ft on 2.84 acres. Assisted living plus memory care, rehabilitation and skilled nursing. Broker represented both sides. | Assisted Living | $17.9M | 205 beds | $87,317computed | Not disclosed | Not disclosed | Jun 23, 2026reported | Seniors Housing Business |
Broadway Proper Assisted Living Community 400 S. Broadway Place, Tucson, AZ 232-bed assisted living community in central Tucson, built in 1998. Useful as an Arizona pricing datapoint: at roughly $224,000 a bed it cleared within about $3,600 of the 2018-built Oro Valley community above, despite twenty years of vintage difference. The close date was not published, so the date shown is the report date. The per-bed figure is computed by us from the reported $52M price and 232 beds. | Assisted Living | $52.0M | 232 beds | $224,138computed | PropCo Holding (Irvine, California) | Harrison Street Real Estate Capital | Jun 22, 2026reported | Connect CRE |
Fairwinds Brighton Court 6520 196th St SW, Lynnwood, WA Three-story community on 4.4 acres, roughly 30 minutes north of downtown Seattle; extensively renovated over the last decade including a full exterior rehabilitation. Leisure Care retained as manager. Price not disclosed. Note on unit count: the release headlines 182 units but its own breakdown reads 124 independent living and 182 assisted living, which do not reconcile — we carry the headline 182 rather than resolve the discrepancy. | Mixed / Campus | Not disclosed | 182 units | — | Undisclosed public REIT | Not disclosed | Jun 17, 2026reported | Connect CRE |
MorningStar at Arcadia 3200 E. Glenrosa Ave., Phoenix, AZ Assisted living and memory care. Added to LTC's SHOP portfolio; MorningStar retained as operator. | Assisted Living | $54.0M | 104 units | $519,231computed | LTC Properties, Inc. (NYSE: LTC) | Not disclosed | Jun 17, 2026reported | REBusinessOnline |
Glen Eagle Healthcare & Eastman Healthcare and Rehab 206 Main Street East / 556 Chester Highway, Abbeville & Eastman, GA 101 beds in Abbeville, 100 in Eastman. Transfer confirmed by updated CMS operator records. | Skilled Nursing | $15.7M | 201 beds | $78,109computed | Abbeville Crossing of Journey LLC and Eastman Trails of Journey LLC | Selectis Health, Inc. | Jun 15, 2026reported | Skilled Nursing News |
SpiriTrust Lutheran six-CCRC portfolio South-central Pennsylvania, PA 553 independent living units, 261 personal care units, 244 skilled nursing beds. Built 1959-2007. | CCRC | $50.8M | 1058 units | $48,015computed | Concordia Lutheran Services | SpiriTrust Lutheran | May 27, 2026reported | Seniors Housing Business |
Silverstone Senior Living — three metro D.C. communitiesPending Alexandria & North Bethesda, VA PENDING — purchase agreements signed May 2026, not closed. Pinnacle North Bethesda is still under construction with a scheduled October 2026 opening. | Mixed / Campus | $425.0M | 467 units | $910,064computed | Chiron Real Estate | Silverstone Senior Living | May 6, 2026reported | REBusinessOnline |
128-bed skilled nursing facility (name withheld) Sheridan, WY Reported as a record price per bed for a Wyoming skilled nursing sale, at 61% occupancy. Buyer described as a REIT partnering with a regional operator. | Skilled Nursing | $20.0M | 128 beds | $156,250 | Not disclosed | Not disclosed | Apr 27, 2026reported | Skilled Nursing News |
Clarendale of Mokena 21536 Wolf Road, Mokena, IL 60 independent living, 56 assisted living and 40 memory care units in a southwest Chicago suburb, one mile from Northwestern Medical Center. 94% occupied at closing. LCS Community Operations retained as manager. Price not disclosed. | Mixed / Campus | Not disclosed | 156 units | — | Inland Real Estate Acquisitions (affiliate of The Inland Real Estate Group) | Joint venture between LCS and Nuveen Real Estate | Apr 16, 2026reported | Connect CRE |
Silver Oaks Memory Care & Crescent Oaks Memory Care 16 Coleman Pl. / 147 Crescent Ave., Menlo Park & Sunnyvale, CA Two-community memory care trade in the Bay Area. Unit count not reported. | Memory Care | $24.3M | — | — | Kalesta Healthcare | Calson Management | Mar 27, 2026reported | Seniors Housing Business |
Six-community Kansas City MSA assisted living and memory care portfolio Kansas City metro, MO Six assisted living and memory care communities totaling 413 units across Kansas City, Blue Springs and Raymore, Missouri, and Olathe and Lenexa, Kansas. Purpose-built between 2015 and 2019; over 90% occupied at closing (we record 90 as the reported floor). Buyer and price not disclosed. | Assisted Living | Not disclosed | 413 units | — | Not disclosed | Joint venture between Hunt Midwest and Principal Senior Living | Mar 26, 2026reported | Connect CRE |
Union Plaza Care Center 33-23 Union Street, Flushing (Queens), NY Approximately 146,000 sq ft. Price per NYC property records. | Skilled Nursing | $75.0M | 280 beds | $267,857computed | Excelsior Group | Marx Development Group | Mar 11, 2026reported | Skilled Nursing News |
Monument Rehabilitation and Care Center 111 West 36th Street, Scottsbluff, NE Licensed for 160 skilled nursing beds plus 23 assisted living units. Price per bed computed on the skilled nursing beds only. | Mixed / Campus | $8.0M | 160 beds | $50,000computed | Not disclosed | Not disclosed | Mar 11, 2026reported | Skilled Nursing News |
Portage County Health Care Center 825 Whiting Ave., Stevens Point, WI 81,562 sq ft on 16 acres, expanded 1985 and 1994. Now operating as Timber Ridge Health and Rehabilitation. | Skilled Nursing | $2.7M | 48 beds | $56,250computed | Not disclosed | Portage County (government seller) | Feb 25, 2026reported | Seniors Housing Business |
Spring Arbor Senior Living portfolio (11 communities) Maryland & Virginia, MD Assisted living and memory care. Portfolio surpassed 90% occupancy in recent years. | Assisted Living | $296.0M | 795 units | $372,327computed | Not disclosed | Morgan Stanley Real Estate Investing and Foundry Commercial | Feb 18, 2026reported | Seniors Housing Business |
McKenzie Falls 265 Lakeshore Drive, Bolingbrook, IL Buyer and seller both withheld. Specific licensure not reported. | Senior Apartments | $6.7M | 105 units | $63,810computed | Not disclosed | Not disclosed | Feb 17, 2026reported | REBusinessOnline |
Carillon at Belleview Station 4855 S. Niagara St., Denver, CO Acquired by an institutional buyer as part of a multi-asset seniors housing portfolio. | Mixed / Campus | $96.0M | 156 units | $615,385computed | Not disclosed | MGL Partners | Feb 6, 2026reported | REBusinessOnline |
Lakeside Health & Rehabilitation 2125 Hilliard Road, Richmond, VA Welltower acquired the asset in 2004 for $2.5M; most recent assessment $13.5M. | Skilled Nursing | $46.5M | 194 beds | $239,691computed | Hill Valley Healthcare | Welltower Inc. affiliate (NYSE: WELL) | Jan 13, 2026 | Skilled Nursing News |
Rosedale Health & Rehabilitation 1719 Bellevue Avenue, Richmond, VA Traded same day as Lakeside; $82.4M combined. Welltower basis from 2003 was $11.9M. | Skilled Nursing | $35.9M | 128 beds | $280,469computed | Hill Valley Healthcare | Welltower Inc. affiliate (NYSE: WELL) | Jan 13, 2026 | Skilled Nursing News |
Price per unit is computed by Crawford Commercial Group from the reported price and unit count unless the broker published it. Senior apartment transactions are age-restricted rental assets, not licensed care, and their per-unit pricing is excluded from the median above. Updated continuously as deals are reported.
Want Us to Analyze Your Deal?
Enterprise subscribers get 24-hour underwriting turnaround on any deal. Send us the address — we'll send back the full analysis.