by Julia DiRubbo | Oct 15, 2021 3:20 pm | Acquisitions
Senior Living Investment Brokerage’s Bradley Clousing and Daniel Geraghty handled the sale of a 64-unit assisted living and memory care community in Pace, Florida. The community opened in December 2019 and immediately faced the challenges of Covid-19. Nonetheless, the... Read More »
by Julia DiRubbo | Oct 15, 2021 3:16 pm | Financings
Ziegler has closed two financings for communities in Wisconsin and Virginia. First, Ziegler arranged $38.68 million of Series 2021 fixed-rate revenue bonds for the construction of a new seniors housing community in Muskego, Wisconsin. The financing was provided to PHW... Read More »
by Julia DiRubbo | Oct 14, 2021 4:29 pm | Financings
Berkadia announced three HUD financings for communities in Texas, Washington and Montana, totaling $20.6 million. The first loan, secured by Jay Healy, totaled $11.19 million and was arranged for a Texas-based not-for-profit organization to refinance its... Read More »
by Julia DiRubbo | Oct 13, 2021 9:57 am | Financings
LTC Properties has announced a number of financings it originated over the third quarter totaling $46 million across four separate investments, including a unitranche loan, a senior loan, a mezzanine loan and a land loan. The investments are believed to generate a... Read More »
by Julia DiRubbo | Oct 13, 2021 9:45 am | Financings
Capital Funding Group (CFG) has promoted Director Erik Howard to executive managing director of business and marketing in an effort to amplify their focus on the seniors housing and multifamily housing sectors. Throughout Mr. Howard’s 17-year tenure at CFG, he has... Read More »