by Ben Swett | Jan 15, 2016 8:30 am | Financings
A trio of assisted living communities in the Pocatello, Idaho area (in the southeastern part of the state) were refinanced with a $3.89 million HUD scattered site loan. Denver-based Pineview Capital Group arranged the financing, which featured a 35-year term and an... Read More »
by Ben Swett | Jan 14, 2016 9:45 pm | Developments
Trilogy Health Services recently announced the opening of its latest Mainstreet-built facility in Richmond, Indiana, but the facility is different than any other the developer has built in recent years. Namely, it has no assisted living. Typically, Mainstreet... Read More »
by Ben Swett | Jan 13, 2016 8:32 am | 60 Seconds, Opinion
Investors are selling senior care stocks, and perhaps because occupancy is in a rut with increasing construction starts. So, what are we to make of the dismal start of the New Year? Investors have hammered away at senior care stocks, and it has been ugly. On Monday,... Read More »
by Ben Swett | Jan 13, 2016 8:31 am | Acquisitions, Financings
Making a splash so far in 2016, Blueprint Healthcare Real Estate Advisors recently announced five end-of-year closings, including two leases. First (and the largest) was the sale of a 206-unit independent/assisted living community in O’Fallon, Missouri to CNL... Read More »
by Ben Swett | Jan 13, 2016 8:30 am | Acquisitions, Financings
Capitol Seniors Housing’s second investment in the Seattle MSA was financed with the help of Aron Will of CBRE National Senior Housing, who arranged a $20.12 million non-recourse, floating rate loan with a five-year term and 36-months of interest-only, provided by a... Read More »