by Steph Mallozzi | Sep 9, 2025 2:01 pm | Financings
JLL Capital Markets and HJ Sims collectively closed $80.07 million in tax-exempt bond financing for a new Sunrise Senior Living community in Long Beach, California, Sunrise of Long Beach. On behalf of Quality Senior Housing Foundation, Inc. and Sunrise Senior Living,... Read More »
by Steph Mallozzi | Sep 5, 2025 4:26 pm | Acquisitions
3G Healthcare Real Estate, which mainly focuses on skilled nursing transactions and has a side focus of debt and equity placement, facilitated the sale of a skilled nursing facility in Mississippi on behalf of a small, local skilled nursing owner. Built in the 1970s,... Read More »
by Steph Mallozzi | Sep 4, 2025 4:32 pm | Acquisitions
AlerisLife is in the process of winding down its business. The company had struggled for years as a publicly traded company (previously known as Five Star Senior Living) with chronic operational and governance issues, posting repeated net losses, negative EBITDA, low... Read More »
by Steph Mallozzi | Sep 4, 2025 4:28 pm | Acquisitions, Developments
DMK Development Group has had a busy summer with two divestments and several developments. After divesting a four-asset seniors housing portfolio in Kentucky to American Healthcare REIT for $65.3 million, or $206,600 per unit, in July, DMK sold a 167-unit seniors... Read More »
by Steph Mallozzi | Sep 4, 2025 4:23 pm | Financings
Within the past 45 days, Managing Director Jay Healy and Director Andrew Lanzaro of Berkadia Seniors Housing & Healthcare have closed 13 loans totaling $178 million in proceeds. Included in the total were nine HUD 232/223(f) loans for $102 million, plus another... Read More »