News•Feb 9, 2026
Skilled Nursing Dealbook: Arizona Nonprofit Sells for $30M-Plus, Viventium Acquires Apploi
Evans Senior Investments brokered the sale of the nonprofit Glencroft Center for Modern Aging in Glendale, Arizona, fetching $30.15 million—about $134,000 per bed—despite a 47% occupancy rate and a 1‑star CMS rating. The deal doubled the seller’s expected proceeds by creating a competitive bidding environment that highlighted the facility’s prime location and referral network. In parallel, human‑capital platform Viventium acquired scheduling startup Apploi to build an end‑to‑end workforce solution for post‑acute and long‑term care providers. Both transactions underscore heightened investor interest in consolidating fragmented senior‑care assets and technology.
