Eagle Arc Partners Skilled Nursing Portfolio Growing Rapidly

During an uncertain time for skilled nursing facility investing, Eagle Arc Partners is taking an aggressive approach to build its portfolio.

Eagle Arc Partners (Eagle Arc) is a real estate investment firm that creates value through the acquisition, financing, and ownership of multifamily and healthcare real estate.

The company’s differentiated approach to sourcing, deal structuring, and operational execution has enabled the firm to deliver consistent returns to investors.

Since its founding, Eagle Arc (formerly known as BM Eagle Holdings) has acquired over 100 properties in 17 states totaling more than $1.2 billion of total capitalization.

Eagle Arc’s healthcare real estate platform identifies assets where disruptive factors have caused market dislocation and/or underperforming operators, leases assets to experienced, reputable operators to oversee daily management, and creatively, unlock value to achieve compelling risk-adjusted returns.

Recently, Eagle Arc acquired 20 skilled nursing facilities — the majority of which are located in Florida, along with properties in Georgia and Mississippi. The price of the sale was not disclosed; two operators who were also not disclosed partnered with Eagle Arc on the sale. Capital Funding Group served as the lender on the deal. This marked the first transaction for Capital Funding Group’s new credit venture.

Previously, Eagle Arc acquired a three-property, 351-bed senior living portfolio in San Antonio, and participated in the purchase of Sabra Health Care REIT’s sale of 28 skilled nursing facilities in Texas and Louisiana.

In 2017, Kindred Healthcare divested the company’s skilled nursing facility business for $700 million in cash to BM Eagle Holdings, LLC, a joint venture led by affiliates of BlueMountain Capital Management. The sale included 89 nursing centers with 11,308 licensed beds and seven assisted living facilities with 380 licensed beds.

 

Takeaway: Eagle Arc Partners offers flexibility to prospective sellers and its own in-house operating partner, Regency Integrated Healthcare Services