by Ben Swett | Feb 3, 2016 8:30 am | Acquisitions, Financings
Aron Will of CBRE had yet another prolific month (after an already busy 2015), closing four transactions. Included in his totals were two acquisition financings (for the MorningStar Senior Living Colorado portfolio and Capitol Seniors Housing’s Seattle-area... Read More »
by Ben Swett | Feb 2, 2016 9:17 pm | Acquisitions
Just before Iowans gathered to caucus and politicians readied to leave the Hawkeye State, CareTrust REIT closed on its major move into Iowa, acquiring a nine-facility skilled nursing portfolio that included 518 operating beds for $32.7 million, or $63,127 per bed.... Read More »
by Ben Swett | Jan 29, 2016 8:31 am | Acquisitions
Tampa, Florida-based real estate investor Liberty Group acquired a shuttered 120-bed skilled nursing facility in Nashville, Tennessee, with plans to convert it to a 90-unit assisted living community. Formerly owned by Signature HealthCARE, which operates some 30... Read More »
by Ben Swett | Jan 29, 2016 8:30 am | Acquisitions, Financings
The Carlyle Group is jumping back into the seniors housing acquisition market with the announcement of two deals. First, the private equity firm purchased a 226-unit seniors housing community in Tampa, Florida with the help of a $28.7 million loan arranged by Jay... Read More »
by Ben Swett | Jan 28, 2016 4:34 am | Developments, Financings
A project already with a few false starts recently received bond financing to fund pre-development costs for a new 182-unit CCRC in Greenville, North Carolina. Back in 2005, not-for-profit developer Retirement Living Associates (RLA) began marketing its impending... Read More »