by Julia DiRubbo | Nov 5, 2021 5:00 pm | Financings
HJ Sims provided a not-for-profit CCRC with an $8.78 million taxable note in September. Clark Lindsey Village, located in Urbana, Illinois, comprises 147 independent living units, 12 assisted living and memory care units and 105 skilled nursing beds. Clark Lindsey... Read More »
by Julia DiRubbo | Nov 5, 2021 9:24 am | Acquisitions
Eclipse Senior Living has transitioned more of its properties to other operators. A Discovery Senior Living and Ventas joint venture first announced the rebranding of 19 former Elmcroft Senior Living communities, which have been reallocated across Discovery’s national... Read More »
by Julia DiRubbo | Nov 5, 2021 9:19 am | Acquisitions
Evans Senior Investments has announced a slew of closings, including a three-transaction portfolio deal and a separate assisted living community. The separate community, Main Street Senior Living in Hendersonville, Tennessee, sold for $5 million, or $86,000 per unit.... Read More »
by Julia DiRubbo | Nov 5, 2021 9:08 am | Acquisitions
Berkadia’s Tim Cobb and Brooks Minford have announced the closing of two seniors housing communities in Florida and Virginia. First was the sale of Homestead Village Retirement Community, a 176-unit community in Pensacola, Florida. Built in 1993, the community... Read More »
by Julia DiRubbo | Nov 2, 2021 4:13 pm | Financings
On the eve of NIC, KeyBank Real Estate Capital announced a new unitranche loan program with Welltower, Inc., and we hope it resulted in some meetings with curious potential clients. Entitled the Healthcare Real Estate Fund, it will total $750 million in lending... Read More »