by Steph Mallozzi | May 20, 2025 4:02 pm | Financings
Live Oak Bank provided a $25 million bridge-to-sale loan to finance a seniors housing community near Los Angeles, California. Harbert Seniors Housing Fund I LP, which is managed by Harbert Management Corporation, is the borrower. The financing features a three-year... Read More »
by Steph Mallozzi | May 20, 2025 4:00 pm | Financings
MONTICELLOAM announced the financing of a senior bridge loan and working capital facility for three skilled nursing facilities in southern Florida, totaling $108.75 million. The sponsorship group, a repeat client of MONTICELLOAM, intends to use the $105.5 million... Read More »
by Steph Mallozzi | May 16, 2025 4:16 pm | Acquisitions
Invesque reported its first quarter earnings, highlighting a few M&A updates. Back in the first quarter of 2024, the company had announced it entered into purchase and sale agreements for three investment properties in New York, expecting to close on the sale... Read More »
by Steph Mallozzi | May 16, 2025 4:14 pm | Acquisitions
Chad Wegner of Senior Care Realty handled an RCAC sale in Northwest Wisconsin. The community is under two hours from the Minneapolis, Minnesota MSA, with strong occupancy and all private pay residents. It was “turnkey” and profitable at the time of sale. The deal,... Read More »
by Steph Mallozzi | May 15, 2025 4:12 pm | Acquisitions
Blueprint has been active, announcing three separate deals involving six separate assets over the last few days. First, Jacob Gehl and Dillon Rudy facilitated the sale of two seniors housing communities in densely populated, urban submarkets on Chicago’s North and... Read More »