by Julia DiRubbo | Aug 12, 2021 2:24 pm | Financings
Berkadia Seniors Housing & Healthcare has refinanced a 123-unit assisted living community in Kailua-Kona, Hawaii, for $16.58 million. Berkadia’s Jay Healy secured the financing on behalf of the owner, who acquired the facility in August 2017 after previously... Read More »
by Julia DiRubbo | Aug 10, 2021 2:38 pm | Acquisitions
Immanuel Communities, a not-for-profit owner of senior living communities, is extending its reach in the Midwest market with its recent purchase of two communities in Iowa and Nebraska from another not-for-profit, Lifespace Communities. The communities include... Read More »
by Julia DiRubbo | Aug 9, 2021 9:14 am | Acquisitions
Integral Senior Living (ISL) assumed the operations of nine senior communities as of August 1. The communities are diversified across seven states. Caddis owns two of the communities in Georgia (both operating under the Heartis brand), Steadfast Companies owns a... Read More »
by Julia DiRubbo | Aug 5, 2021 4:32 pm | Developments, Financings
BMO Harris Bank’s Healthcare Real Estate Finance business announced that it secured a $72.4 million construction loan for a senior living community in Charlotte, North Carolina. The Village on Morehead will feature 199 high-end independent and assisted living units in... Read More »
by Julia DiRubbo | Aug 5, 2021 4:24 pm | Acquisitions
FOX Rehabilitation, a private practice of physical, occupational, and speech therapists for seniors at home, announced that it has acquired Taylored Rehab LLC, a provider of therapy services to elderly patients in assisted living communities, group homes as well as... Read More »