by Julia DiRubbo | Aug 26, 2021 3:48 pm | Developments
Big Rock Partners has announced the $180 million development of Seafields at Kiawah Island, a high-end CCRC on South Carolina’s Kiawah Island. The community will feature 98 one, two and three-bedroom independent living units, along with 16 assisted living and skilled... Read More »
by Julia DiRubbo | Aug 25, 2021 10:30 am | Financings
Ziegler recently closed a $13.6 million refinancing for Mountain View Health and Rehabilitation, a skilled nursing facility owned by Altitude Health Services. This 187-bed facility in El Paso, Texas was acquired by Altitude in 2016 using bank financing. Taking out... Read More »
by Julia DiRubbo | Aug 24, 2021 4:01 pm | Financings
CBRE Senior Housing’s Aron Will, Austin Sacco and Tim Root have arranged construction financing on behalf of a joint venture between Anthology Senior Living and Harrison Street. The five-year floating rate loan with 42 months of interest only was provided... Read More »
by Julia DiRubbo | Aug 20, 2021 2:18 pm | Developments
Real estate giant Madison Marquette has teamed up with Saudi Arabia-based Arbah Capital to build a $37 million senior living community in Punta Gorda Isles, Florida. This high-quality, 135-unit community has 116,000 square feet, making the total price per square... Read More »
by Julia DiRubbo | Aug 19, 2021 4:10 pm | Financings
Greystone is back again, with Vice President Stella Plotkin providing a $22.5 million bridge loan to refinance Aspen Creek Senior Living in Anchorage, Alaska. This 96-unit assisted living community was completed in 2019, with 21 of the units designated for memory... Read More »