by Julia DiRubbo | Dec 29, 2021 9:51 am | Acquisitions
Senior Living Investment Brokerage recently facilitated the sale of a successful independent living community in Chubbuck, Idaho. Comprising 82 units and one single-family home, the community was built in 1987 and has 117,828 square feet on five acres. The community,... Read More »
by Julia DiRubbo | Dec 23, 2021 1:05 pm | Developments
Edison Equity Management Corporation, a Texas-based developer and acquirer of active adult communities, has purchased land for a 182-unit development in the Houston MSA. The project is set within a master-planned community called Cypress Creek Lakes, and will sit on... Read More »
by Julia DiRubbo | Dec 23, 2021 1:02 pm | Acquisitions
Alternative asset management firm and consistent seniors housing investor Harbert Management Corporation (HMC) has acquired South Bay Partners, LLC, a Dallas-based seniors housing developer. South Bay has developed over 10,000 high-end seniors housing units costing... Read More »
by Julia DiRubbo | Dec 21, 2021 4:25 pm | Acquisitions
In an effort to begin large-scale growth under a new name, Sonida Senior Living has acquired two independent living communities in the Indianapolis MSA for $12.3 million. Totaling 157 units, Northfield Senior Living (built in 1982) and Southfield Senior Living (built... Read More »
by Julia DiRubbo | Dec 21, 2021 4:21 pm | Financings
The Regions Bank Healthcare Real Estate team, including Chris Honn and Amber Crosby, originated a $21.7 million construction and mini-perm loan for a joint venture between a Southeast-based developer/operator, an Arizona-based partner/operator and a Midwest-based... Read More »