by Julia DiRubbo | Oct 8, 2021 3:59 pm | Financings
HJ Sims arranged two financings for Landis Communities in Lititz, Pennsylvania. The first was $25 million for Landis Place on King, a to-be-built affordable housing project, and the second was $53 million for Landis Homes Retirement Community (LHRC), which operates a... Read More »
by Julia DiRubbo | Oct 7, 2021 4:25 pm | Statistics
According to most recent aggregated NIC data, occupancy in the third quarter rose to 80.1%, after having stagnated in the previous two quarters at 78.7%. It’s great to see this positive movement, but we are still a long way away from pre-pandemic occupancy levels, and... Read More »
by Julia DiRubbo | Oct 5, 2021 4:58 pm | Acquisitions
Senior Living Investment Brokerage facilitated two sales at the end of September in Missouri and Kansas. The first, handled by Jack Kemper and Jeff Binder, is for the sale of two sister residential care (assisted living) properties in Kennett, Missouri for $7.5... Read More »
by Julia DiRubbo | Oct 4, 2021 10:30 am | Acquisitions
The Ensign Group will assume the operations of three skilled nursing facilities across Texas and Idaho. The facilities include the 98-bed River Pointe of Trinity Healthcare and Rehabilitation Center in Trinity, Texas, the 150-bed Park Village Healthcare and... Read More »
by Julia DiRubbo | Sep 28, 2021 3:54 pm | Developments
Capitol Seniors Housing (CSH) is continuing its expansion into the active adult market with the groundbreaking of a new community in Noblesville, Indiana, in the Indianapolis MSA. The Outlook at Hamilton Town Center will feature 164 units geared toward the middle... Read More »