by Ben Swett | Jun 6, 2025 3:26 pm | Acquisitions
A trio of small, well-performing assisted living communities in rural Idaho sold with the help of Blake Bozett and Spud Batt of The Zett Group. The pair represented a mom & pop who were looking to retire after nearly 25 years of operating. Terri and Carl Pendleton... Read More »
by Ben Swett | Jun 6, 2025 3:25 pm | Acquisitions
Helios Healthcare Advisors structured the sale and arranged joint venture equity for the acquisition of two assisted living/memory care communities in Alabama on behalf of separate sellers. Helios was initially engaged by the Episcopal Diocese of the Central Gulf... Read More »
by Ben Swett | Jun 6, 2025 3:23 pm | Financings
KeyBank Community Development Lending and Investment provided $43.6 million in construction loans and arranged $7.6 million in permanent loans for the acquisition and rehabilitation of Lee Plaza in Detroit, Michigan. The 15-story, Art Deco historical landmark will be... Read More »
by Ben Swett | Jun 5, 2025 4:27 pm | Acquisitions
A non-performing skilled nursing facility in South Denver, Colorado, found a new owner thanks to Hap Knowles and Nick Stahler of the Knapp-Stahler Group at Marcus & Millichap. Built in 1965, Aspen Siesta features just 34 licensed beds. It was 64% occupied and... Read More »
by Ben Swett | May 30, 2025 3:50 pm | Acquisitions
After a prolonged receivership process, an assisted living/memory care community in Sandy, Utah, successfully sold with the help of Chad Mundy and Nick Stahler of The Knapp-Stahler Group of Marcus & Millichap. Built around 2000, the community features an assisted... Read More »