by Julia DiRubbo | Sep 28, 2021 3:42 pm | Financings
Selectis Health, Inc. (OTC: GBCSD), f.k.a. Global Healthcare REIT, Inc, has refinanced its mortgage at Southern Hills Retirement Community in Tulsa, Oklahoma for $8.03 million, following renovations across the campus and the hiring of a new executive director.... Read More »
by Julia DiRubbo | Sep 24, 2021 4:26 pm | Financings
Hunt Capital Partners, CRP Affordable Housing and Community Development LLC, and CRP’s affiliate Castellan Holdings LLC have closed a $5.6 million low-income housing tax credit equity financing for St. Stephen’s Retirement Center in San Diego, California. The tax... Read More »
by Julia DiRubbo | Sep 24, 2021 4:21 pm | Financings
Grandbridge Real Estate Capital LLC’s Artin Anvar recently arranged a $12.6 million HUD loan for a 100-unit, 146-bed seniors housing community in Menasha, Wisconsin. The three-building campus received a permanent, fully-amortizing loan through HUD’s Interest Rate... Read More »
by Julia DiRubbo | Sep 23, 2021 3:34 pm | Acquisitions
Bain Capital Real Estate and Capitol Seniors Housing have teamed up to acquire an active adult portfolio of two properties in the Dallas-Fort Worth MSA. The first property, The Orchards at Arlington Highlands, is located in Arlington. Built in 2019, it totals... Read More »
by Julia DiRubbo | Sep 23, 2021 3:29 pm | Developments, Financings
Several developments and financings have been announced recently in the affordable seniors housing market, following a common theme that this sector is fast gaining investor attention. AHEPA Affordable Housing Management Company, Inc. is receiving an $8.86 million HUD... Read More »