by Julia DiRubbo | Sep 10, 2021 3:15 pm | Acquisitions
SilverPoint Senior Living has assumed operations of Fountainbrook Assisted Living, a 74-unit community in Midwest City, Oklahoma. SilverPoint currently operates six other communities throughout Texas, so this assumption represents its entry into the Sooner State.... Read More »
by Julia DiRubbo | Sep 9, 2021 4:44 pm | Financings
Ziegler has had a busy start to the month by underwriting three separate bond financings. The first set of bonds was issued to Lifecare, Inc., a not-for-profit operator of Friendship Village in Kalamazoo, Michigan. It consists of an $8.685 million bond issued... Read More »
by Julia DiRubbo | Sep 9, 2021 4:39 pm | Financings
Greystone’s Matt Miller and Tyler Armstrong secured a $35.9 million construction loan on behalf of a joint venture between Shelbourne Healthcare and Cedarhurst for the new development of Shelbourne at Chesterfield in Chesterfield, Missouri. The 8.2-acre lot was... Read More »
by Julia DiRubbo | Sep 8, 2021 9:49 am | Acquisitions
Michael Segal and Ben Firestone of Blueprint Healthcare Real Estate Advisors recently facilitated the sale of a 96-bed skilled nursing facility in central Missouri. Built in the late 1980s and renovated in the early 1990s, Valley View Health & Rehabilitation is no... Read More »
by Julia DiRubbo | Sep 8, 2021 9:44 am | Financings
CIBC Bank USA recently closed loans for two skilled nursing facilities in Ohio and one in California. The first financing package included a $12.4 million acquisition loan and a $1.2 million capital expenditure loan with a five-year term for a 100-bed SNF in southern... Read More »