by Ben Swett | Nov 20, 2015 8:32 am | Developments, Financings
A company with extensive experience in turning around struggling senior living communities is now developing its first property and is pulling together all manner of financing sources in its capital stack. Solutions Advisors, which got its start in 2010 advising... Read More »
by Ben Swett | Nov 20, 2015 8:30 am | Acquisitions, Financings
Looking to refinance its outstanding debt, fund a renovation project and acquisition, and create a long-term financing plan with a reduced interest rate, nonprofit senior care operator Wellspring Lutheran Services enlisted the help of HJ Sims to close both a taxable... Read More »
by Ben Swett | Nov 19, 2015 5:40 pm | Acquisitions
Chris Barnet of Colliers International’s Seniors Housing Group represented the owner in the sale of their 44-bed skilled nursing facility in Omaha, Nebraska. The buyer, Carter Validus Mission Critical REIT II, paid approximately $13 million, or about $295,500 per bed,... Read More »