by Julia DiRubbo | Sep 2, 2021 3:35 pm | Acquisitions
Integral Senior Living has assumed the operations of five new seniors housing communities in Indiana and one in Michigan. The communities are owned by Griffin-American Healthcare REIT III, Inc. Meridian Senior Living previously managed these communities. Along with... Read More »
by Julia DiRubbo | Sep 2, 2021 2:56 pm | Acquisitions
Evans Senior Investments represented the seller of a 120-bed skilled nursing facility in New Jersey, which traded for $24 million, or $200,000 per bed. The facility was built in 2000 and has seen multiple renovations since then, with the 65 rooms being private or... Read More »
by Julia DiRubbo | Sep 2, 2021 11:16 am | Financings
Cambridge Realty Capital Companies has secured HUD loans to refinance two skilled nursing facilities in Illinois. The first, Alden Town Manor, is a 249-bed facility in Cicero. It is receiving a $12.72 million loan, which is fully amortized with a 25-year term. The... Read More »
by Julia DiRubbo | Aug 27, 2021 4:56 pm | Financings
CBRE Senior Housing’s Aron Will, Austin Sacco and Adam Mincberg arranged a $10 million floating-rate bridge loan on behalf of a joint venture between Capitol Senior Housing and a large university endowment. Emerald City Senior Living, a 119-unit assisted living... Read More »
by Julia DiRubbo | Aug 26, 2021 4:15 pm | Acquisitions
Veritas Senior Living recently assumed the operations of two seniors housing communities in Tennessee and Georgia, along with purchasing one of them. Vantage Point Village in Ashland City, Tennessee is an assisted living and memory care community that can provide care... Read More »