by Julia DiRubbo | Oct 21, 2021 4:53 pm | Acquisitions
JLL Capital Markets’ Mike Garbers and Cody Temper recently arranged the sale of nine seniors housing communities on behalf of the seller, a large public REIT. The portfolio consists of one North Carolina and eight South Carolina properties, encompassing 558 assisted... Read More »
by Julia DiRubbo | Oct 21, 2021 4:50 pm | Acquisitions
Evans Senior Investments arranged the sale of a non-performing assisted living community in Indiana on behalf of the publicly traded REIT seller. The buyer, a regional owner/operator with an existing footprint in Indiana, bought the property below replacement costs,... Read More »
by Julia DiRubbo | Oct 20, 2021 9:56 am | Developments
Walker & Dunlop has advised an equity partnership on a $300 million construction financing arranged by Huntington National Bank for a luxury life plan community in Tysons, Virginia. Tysons LPC, LLC is a 50/50 partnership between Mather Investments and Westminster... Read More »
by Julia DiRubbo | Oct 20, 2021 9:51 am | Financings
CBRE Senior Housing’s Aron Will, Austin Sacco and Tim Root have arranged construction financing for a luxury LGBTQ-targeted active adult community in Palm Springs, California. The $42 million loan was arranged on behalf of a joint venture between a group of... Read More »
by Julia DiRubbo | Oct 20, 2021 9:45 am | Financings
Ziegler is continuing its active month with the arrangement of $71.33 million of Series 2021A and 2021B bonds for a life plan community in Williamsburg, Virginia. Williamsburg Landing, founded in 1982, consists of 317 independent living apartments, 72 assisted living... Read More »