by Julia DiRubbo | Sep 21, 2021 3:34 pm | Statistics
Several companies have released occupancy updates for the month of August, and there were some mixed results. However, for the most part, these top players reported large basis-point gains over several months, and even between July and August. This consistency among... Read More »
by Julia DiRubbo | Sep 21, 2021 3:25 pm | Developments
Wesley Homes, Presbyterian Homes & Services (PHS) and Ryan Companies teamed up nearly three years ago to develop a large senior living community in Seattle, and has recently completed the project. The 405,992-square foot senior living community, called... Read More »
by Julia DiRubbo | Sep 16, 2021 2:56 pm | Acquisitions
Berkadia has added Director Simona Wilson to the Seniors Housing & Healthcare team, serving on the investment sales platform led by Tim Cobb. Ms. Wilson has 19 years of industry experience, previously founding Crescent Capital LLC where she advised seniors housing... Read More »
by Julia DiRubbo | Sep 14, 2021 4:54 pm | Financings
Matthew Tarpley and Mitch Levine of H2C Securities, Inc. (or Hammond Hanlon Camp) has secured an $8.25 million loan for Mainstay Senior Living to acquire a 120-bed skilled nursing facility in Lakeland, Florida. The one-year, interest-only loan came with a rate of... Read More »
by Julia DiRubbo | Sep 10, 2021 3:38 pm | Financings
Ziegler has picked up its loan activity for the second week in a row, closing two large bond financings in Virginia and Florida. Virginia United Methodist Homes of Williamsburg, dba WindsorMeade, a not-for-profit corporation in Williamsburg, Virginia, received the... Read More »