JLL Capital Markets

by | Feb 17, 2021 | Companies

JLL is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for their clients, people and communities.

Contact Information

Street:  200 E Randolph St Floor 43-48
City:  Chicago
State:  IL
Zip Code:  60601  Phone Number:  (312) 782-5800
Website: https://www.us.jll.com/

JLL in the News

  • JLL Sells A 55+ Community in Minnesota
    The JLL Capital Markets team of Dan Linnell, Mox Gunderson, Josh Talberg and Adam Haydon represented the seller of a 66-unit active adult community near Minneapolis, Minnesota, with another JLL team financing the deal too.   Set on 12.5 acres in the town of Andover, this community consists of one-, two- and... Read more
    Published on: January 29, 2021 By Ben Swett
  • JLL Announces Seniors Housing Portfolio Deal
    The JLL team got off to a prolific start this January, already handling a couple of transactions across 17 seniors housing properties. The big one involved the sale of 16 seniors housing communities previously owned by a publicly traded REIT. Totaling more than 1,800 units, these communities were located in... Read more
    Published on: January 22, 2021 By Ben Swett
  • JLL Handles Youngstown, Ohio Sale
    A large senior care campus in Youngstown, Ohio sold earlier this year in a deal handled by Mike Garbers of JLL Capital Markets. Previously owned by a not-for-profit, it was built in stages and now features approximately 300 units spanning the whole senior care spectrum. It was considered a value-add... Read more
    Published on: June 30, 2020 By Ben Swett
  • JLL Lands Financing for Luxury Chicago Senior Living Project
    The JLL team has secured both construction debt and joint venture equity for a joint venture to build a new luxury senior living community in Evanston, Illinois (Chicago MSA).  Located on an irreplaceable 0.77-acre infill site just north of downtown Evanston, the nine-story project will consist of a... Read more
    Published on: March 12, 2020 By Ben Swett
  • After Long Road to Opening, Texas Senior Living Community Sells
    The JLL Seniors Housing Capital Markets team including Charles Bissell, Cody Tremper, Mike Garbers, Zach Rigby and Jason Skalko represented the seller of a 189-unit senior living community in Longview, Texas. Developed in 2018 adjacent to the Longview Regional Medical Center, the community features 126 independent living, 41... Read more
    Published on: February 17, 2020 By Ben Swett

Chicago Pacific Founders

by | Feb 17, 2021 | Companies

Chicago Pacific Founders (“CPF”) is a strategic healthcare investment firm focused exclusively on healthcare services. CPF’s leadership team is made up of former healthcare CEOs and senior executives with a passion and track record of building healthcare businesses. CPF is actively looking to partner with organizations focused on delivering the highest quality of service to patients and providers. The firm will invest up to $75 million of equity capital per opportunity in growth, minority recap, and buyout transactions for cash flow positive businesses. The firm is based in Chicago, Illinois and in San Francisco, California.

Contact Information

Street:  980 Michigan Ave #1998
City:  Chicago
State:  IL
Zip Code:  60611  Phone Number:  (312) 273-4750
Fax Number:  617-261-9555
Website: https://www.cpfounders.com/

Chicago Pacific Founders in the News

  • Chicago Pacific Founders Acquires Fort Myers Community
    Chicago Pacific Founders acquired a 136-unit senior living community in Fort Myers, Florida, with its subsidiary Grace Management taking over operations. Featuring 136 units of independent living, the property is located in the Cypress Lake community near shopping areas, restaurants, medical facilities and indoor/outdoor recreation. On campus, there are also a... Read more
    Published on: December 14, 2020 By Ben Swett
  • CBRE Handles Sarasota-Area Sale and Financing
    It was all hands on deck at CBRE for the sale of an Englewood, Florida (Sarasota MSA) senior living community. We wrote about the deal earlier this week when Chicago Pacific Founders (CPF) announced its acquisition of the property. Featuring 118 units of assisted living and memory care, this community... Read more
    Published on: October 06, 2020 By Ben Swett
  • Chicago Pacific Founders Adds Florida Community
    We’ve written about how private equity firms are likely the buyers best equipped to acquire senior care assets in this current environment, given their deep pockets and penchant for value-add deals. One of those firms, Kayne Anderson Real Estate Advisors, has already shown its interest by closing several... Read more
    Published on: October 02, 2020 By Ben Swett
  • Chicago Pacific Founders Acquires Again
    Chicago Pacific Founders appears to be wrapping up 2019 with its sixth acquisition of the year, and eighth added property. The target was a 113-unit assisted living/memory care community in Naples, Florida, located just three miles from the city’s Fifth Avenue District and near shopping centers, medical facilities... Read more
    Published on: December 26, 2019 By Ben Swett
  • CBRE Returns for Two More Financings
    The closings keep on coming for the team of Aron Will, Austin Sacco and Tim Root from CBRE National Senior Housing, which just announced two financings totaling nearly $50 million. The team first arranged $4 million in supplemental financing on behalf of Chicago Pacific Founders (CPF) for its... Read more
    Published on: October 15, 2019 By Ben Swett

ProMedica Senior Care

by | Feb 17, 2021 | Companies

ProMedica Senior Care, formerly HCR ManorCare, is a mission-based, not-for-profit integrated healthcare organization, caring for people nationwide. We are a leading provider of short-term, post-hospital services and long-term care with a network of hospitals, physicians, a health plan, skilled nursing and rehabilitation centers, Arden Courts memory care communities, home health and hospice agencies. Driven by its mission to improve health and well-being, ProMedica has been nationally recognized for its advocacy programs and efforts to address social determinants of health.

Contact Information

Street:  333 N Summit Street
City:  Toledo
State:  OH
Zip Code:  43604
Website: https://promedicaseniorcare.org/

ProMedica Senior Care in the News

  • HCR ManorCare Exits Wisconsin Market
    Ryan Saul and Toby Siefert of Senior Living Investment Brokerage have sold HCR ManorCare’s (now ProMedica Senior Care) last skilled nursing facility in the state of Wisconsin. The decision to sell came back in the summer of 2019, when the property was originally marketed. A buyer was found,... Read more
    Published on: January 08, 2021 By Ben Swett
  • The Gold Standard A Bit Tarnished
    A scathing article from The Washington Post discloses quality problems at HCR ManorCare before its sale to Welltower and ProMedica Health System. For those of you who missed the Thanksgiving weekend article from the Washington Post about poor care at HCR ManorCare’s nursing facilities in Pennsylvania, well, why ruin a great weekend? All kidding aside,... Read more
    Published on: November 28, 2018 By Steve Monroe
  • CareTrust Completes Second HCR ManorCare Acquisition
    CareTrust REIT headed to Fargo, North Dakota for its latest acquisition, adding a 110-bed skilled nursing facility to its portfolio for a purchase price of approximately $4.75 million, or $43,200 per bed, inclusive of transaction costs. There is also an estimated cap rate of about 13.25%. The facility... Read more
    Published on: November 02, 2018 By Steve Monroe
  • Tryko Partners Picks Up HCR ManorCare Facility
    Quality Care Properties divested one of its HCR ManorCare-operated skilled nursing facilities in New Jersey, with Tryko Partners stepping in as the buyer. Built in 1974, the 106-bed facility is located in New Providence (Newark MSA), which will complement Tryko’s existing strong presence in central and northern New... Read more
    Published on: September 14, 2018 By Steve Monroe
  • HCR ManorCare Deal The Future Or A Risk?
    Hospitals and post-acute providers have not mixed well in the past, but ProMedica Health System hopes that changes. I keep thinking about the Welltower and ProMedica Health System acquisition of Quality Care Properties and HCR ManorCare. Given today’s valuations, ProMedica may have gotten a bit of a deal with ManorCare’s... Read more
    Published on: May 23, 2018 By Steve Monroe

Meridian Capital Group

by | Feb 17, 2021 | Companies


Founded in 1991, Meridian Capital Group is America’s most active dealmaker and one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors. In 2019, Meridian closed over $40 billion in financing across more than 250 unique lenders. Meridian represents many of the world’s leading real estate investors and developers and the company’s expansive platform has specialized practices for a broad array of property types including office, retail, multifamily, hotel, mixed-use, industrial, and healthcare and senior housing properties. Meridian is headquartered in New York City with offices in New Jersey, Maryland, Illinois, Ohio, Florida, and California

Contact Information

Street:  One Battery Park Plaza
City:  New York
State: NY
Zip Code:  10004 Phone Number:  (212) 972-3600
Email:  sales@meridiancapital.com
Website: https://www.meridiancapital.com/

Meridian Capital Group in the News

  • Meridian Capital Group Closes Out 2020 In Style
    To say that Meridian Capital Group had a strong 2020 would be an understatement. Amid all sorts of obstacles that were only compounded by COVID-19 and widespread lockdowns, the firm closed more than $3 billion in transaction volume in 2020, with $776 million for 76 seniors housing and healthcare... Read more
    Published on: January 05, 2021 By Ben Swett
  • Vermont Portfolio Sale Funded By Oxford Finance
    Oxford Finance announced its involvement in the sale of a five-skilled nursing facility portfolio in Vermont, which was revealed last month. To support the $46.6 million purchase price, Oxford provided a $44.6 million credit facility and revolving line of credit to the buyer, MDA Capital Group, LLC.  Four... Read more
    Published on: December 03, 2020 By Ben Swett
  • Meridian Capital Group Reports Active Month
    The last month has seen the team at Meridian Capital Group close $672.4 million in transaction volume across 56 total properties. Comprising both financings and investment sales, that’s some impressive action. The Meridian team for these transactions comprised Ari Adlerstein, Ari Dobkin, Josh Simpson, Matt Lesnik, Jesse Rauch and David... Read more
    Published on: November 18, 2020 By Ben Swett
  • Meridian Capital Group’s End of Summer Sprint
    Meridian Capital Group’s seniors housing and healthcare team is sprinting to the end of summer, with over $160 million in transactions closed in the last two weeks alone. September has been noticeably slower than even previous months, so to get that amount of transaction volume across the finish... Read more
    Published on: September 18, 2020 By Ben Swett
  • Meridian Capital Group Carries On With Large Transaction Volume
    The last six weeks has been slow, to say the least, but Meridian Capital Group’s seniors housing and healthcare team closed over $470 million in transaction volume during that period. That’s an impressive figure considering the hurdles to get all parties involved across the finish line in the... Read more
    Published on: July 14, 2020 By Ben Swett

Evans Senior Investments

by | Feb 17, 2021 | Companies

Evans Senior Investments [ESI] was founded in 2009 by twin brothers, Jason and Jeremy Stroiman. ESI is the only M&A firm empowering independent owners to maximize profitability by providing complimentary benchmark analysis and market valuation data. As the leader in the industry, ESI has provided over $10 billion in market valuations and counting.

Contact Information

Street:  1017 W Washington Blvd, Unit 4F
City:  Chicago
State:  IL
Zip Code: 60607   Phone Number:  (312) 896-0123
Email:  info@evansseniorinvestments.com
Website: https://www.evanssenior.com/

Evans Senior Investments in the News

  • Evans Senior Investments Sells Florida Community
    Fresh off three top-five finishes in our Broker Rankings (see the story in Februrary’s issue of The SeniorCare Investor), Evans Senior Investments represented the independent owner/operator of a 66-unit assisted living/memory care community in High Springs, Florida in the property’s sale. Originally built in 1988 with a 36-unit expansion in 2014, it currently features... Read more
    Published on: February 04, 2021 By Ben Swett
  • Evans Senior Investments Heads Back To Green Springs
    Less than a year after selling a small independent living community in Green Springs, Ohio, the team at Evans Senior Investments returned to the site to sell the remaining two facilities on the campus, including a facility with 31 skilled nursing beds and 20 assisted living units and a separate... Read more
    Published on: December 27, 2020 By Ben Swett
  • Evans Senior Investments Sells Evansville SNF
    A skilled nursing facility with strong UPL revenues sold in Evansville, Indiana thanks to Evans Senior Investments. The owner/operator primarily operated in the Southeast, and this facility represented its only asset in the Midwest, with the nearest property nearly 300 miles away. So, an Indiana exit was arranged,... Read more
    Published on: December 06, 2020 By Ben Swett
  • OH-Based Buyer Purchases Pittsburgh-Area SNF
    An Ohio-based owner/operator bought a Pittsburgh-area skilled nursing facility in a deal arranged by Evans Senior Investments. Built in 1995 and maintaining a four-star rating, this 120-bed facility was locally owned and operated. However, this was the seller’s only skilled nursing facility, and occupancy stood at just 72%.... Read more
    Published on: December 01, 2020 By Ben Swett
  • Another Major SNF Acquisition Closes
    When it rains, it pours, we suppose. Last week, Eagle Arc Partners acquired a portfolio of 20 skilled nursing facilities in the Southeast, the largest SNF deal that we had seen for some time. Just a day later, Evans Senior Investments announced that it handled the sale of... Read more
    Published on: November 16, 2020 By Ben Swett

Welltower

by | Feb 17, 2021 | Companies

Welltower delivers the health care infrastructure necessary to facilitate better treatment at lower costs and keep patients out of the hospital. Their business is centered on a relationship-based investing platform. Welltower provides real estate capital to leading seniors housing operators, post-acute care providers and health systems.

Welltower offers consistent, efficient capital. Their portfolio creates the opportunity to connect partners across the continuum of care and drive efficiency, and their experienced team offers unique insights that lead to superior operating strategies.

Providing high-quality and affordable health care to an aging global population requires vast investments and infrastructure development. The devastating impact of dementia on people and their families demands new solutions. Together with their operating partners, Welltower is answering the challenge.

Contact Information

Street:  4500 Dorr Street
City:  Toledo
State:  OH
Zip Code:  43615  Phone Number:  (419) 347-2800
Email:  info@welltower.com
Website: https://welltower.com/

Welltower in the News

  • Welltower Still Sees Opportunity
    We all know that Welltower has been selling a few billion of seniors housing assets just like Healthpeak Properties has. But the difference is that Welltower is still buying. Not only that, they picked up a 790-unit portfolio operated by Harbor Retirement Associates for $132 million, or $167,000 per unit. The seller? Healthpeak (see story above). Even... Read more
    Published on: February 10, 2021 By Ben Swett
  • The Welltower Census Decline
    Welltower‘s seniors housing partners continue to suffer from census declines and operating costs. We do appreciate the transparency that Welltower has been providing investors, but boy does it provide a window onto what is happening. In its monthly update, Welltower informed us that it suffered its worst monthly... Read more
    Published on: January 19, 2021 By Ben Swett
  • Blueprint Announces Two SNF Deals
    Two Blueprint Healthcare Real Estate Advisors teams helped a couple of institutional owners divest or find new tenants for their senior care assets. Michael Segal and Gideon Orion first represented a REIT in the re-leasing of its 143-bed skilled nursing facility in San Antonio, Texas. Built in 1967 about 15... Read more
    Published on: December 30, 2020 By Ben Swett
  • Newmark Sells Major SNF Portfolio
    Last week we wrote that Newmark (formerly Newmark Knight Frank) was going to have a big fourth quarter. And they have, with five sales transactions worth well in excess of $400 million, plus a few financings, and we still have a few weeks to go before the end of the... Read more
    Published on: December 15, 2020 By Ben Swett
  • Newmark Strikes Again, and Again
    We had reported a few months ago that Newmark (formerly Newmark Knight Frank) was going to have a big fourth quarter. And they have, with five sales transactions worth well in excess of $400 million, plus a few financings, and we still have a few weeks to go before the... Read more
    Published on: December 09, 2020 By Ben Swett