by Ben Swett | Apr 11, 2025 2:44 pm | Financings
CIBC Bank USA provided a $17.5 million term loan to refinance a 67-unit assisted living community in Oregon. The community has been operated by the owner for over a year, and it caters towards residents with behavioral needs. Performance has trended well over the last... Read More »
by Ben Swett | Apr 9, 2025 8:42 am | Acquisitions
Senior Living Investment Brokerage’s Daniel Geraghty and Bradley Clousing handled the sale of a Class-A seniors housing community in Savannah, Georgia. Opened in 2020, Thrive on Skidaway features 146 units of independent living, assisted living and memory care on... Read More »
by Ben Swett | Apr 9, 2025 8:20 am | Acquisitions
A court-appointed receiver engaged Senior Living Investment Brokerage to sell Heritage Village, a 128-unit assisted living/memory care community in Mesa, Arizona. Prior to the sale, the property had operational and public relations challenges due to several previous... Read More »
by Ben Swett | Apr 4, 2025 3:58 pm | Acquisitions
The Goodman Group announced an acquisition of a seniors housing community in its home state of Minnesota. The deal comes about six months after Kevin Carden joined the firm to lead its seniors housing and multifamily acquisition and development arm with Michael... Read More »
by Ben Swett | Apr 4, 2025 3:54 pm | Acquisitions
Evans Senior Investments represented an institutional owner/operator in the divestment of a skilled nursing facility in Wisconsin. The facility was an outlier in the seller’s portfolio and struggled to improve its occupancy since the pandemic. A growing regional... Read More »