CHICAGO, IL — Helios Healthcare Advisors (“Helios”) is pleased to announce its role in structuring the sale of a 224-unit portfolio of three seniors housing communities in Alabama (the “Portfolio”) on behalf of Trinity Investors (“Trinity”), a Southlake, Texas based private equity firm.
The Portfolio was acquired by Trinity in tranches between 2022 and 2023 in partnership with a regional owner-operator. Following a period of initial stabilization and modest capital improvements, Trinity recapitalized the venture and appointed Kauhale Health as operator effective March 1, 2025, with a mandate to accelerate operational performance.
Under Kauhale’s leadership, the communities experienced measurable improvements in census, resident and staff satisfaction, and cash flow. With the turnaround underway, Trinity engaged Helios to run a targeted sales process to capitalize on the performance trend and exit the state.
The opportunity generated strong interest from both in-state and out-of-state investors given the improvement in performance and strong locations in Huntsville and Mobile. Helios procured seven offers and the Portfolio ultimately traded to a Chicago-based investor (“Buyer”) that plans to retain Kauhale Health as operator. The transaction marks the Buyer’s entrance into the state of Alabama.
“This transaction represents the 14th community Helios has sold and/or financed in Alabama in the last 24-months,” said Andrew Wittenauer, Director at Helios. “Our experience in the state continues to translate into efficient execution and strong outcomes for our clients.”
