by Julia DiRubbo | Oct 26, 2021 4:26 pm | Acquisitions
Investment firm Monarch Alternative Capital and national operator American House Senior Living Communities are joint venturing to pursue the acquisition, development and management of seniors housing communities across the United States. The two entities kicked off... Read More »
by Julia DiRubbo | Oct 25, 2021 10:12 am | Acquisitions
Senior Living Investment Brokerage’s Matthew Alley facilitated the sale of three skilled nursing facilities in Henrietta, Olney and Nocona, Texas. The combined facilities, totaling 250 beds, sold for $7.75 million, or $31,000 per bed. The properties, which have... Read More »
by Julia DiRubbo | Oct 25, 2021 10:07 am | Developments
Homebuilder giant Toll Brothers has proposed the development of a 136-unit active adult community in Yorktown, New York. The development would be built on two properties sitting on approximately 50 acres. It would contain three- and four-unit buildings, a... Read More »
by Julia DiRubbo | Oct 25, 2021 10:05 am | Financings
Carnegie Capital’s joint venture with Evans Senior Investments has produced an acquisition financing for a 258-bed skilled nursing portfolio in north-central Texas. Each facility is between 50 and 55 years old, under 25,000 square feet and averages an occupancy rate... Read More »
by Julia DiRubbo | Oct 25, 2021 10:02 am | Financings
BMO Harris Bank’s Healthcare Real Estate Finance group has closed a $123 million loan to an affiliate of The Inland Real Estate Group of Companies, Inc. The loan provided recapitalization financing for 15 medical office buildings, totaling more than 419,000 square... Read More »