by Steph Mallozzi | Aug 20, 2024 4:17 pm | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a seniors housing community in Taylorsville, Utah on behalf of a REIT. The REIT was divesting to focus on its core markets within its portfolio. Vince Viverito and Brad Clousing handled the transaction. ... Read More »
by Steph Mallozzi | Aug 20, 2024 4:14 pm | Financings
Capital Funding Group announced the closing of a $12.5 million bridge-to-HUD loan, which supported the refinancing of an existing bridge loan. The deal supported a 175-bed skilled nursing and assisted living community in Ohio. Craig Casagrande handled the transaction,... Read More »
by Steph Mallozzi | Aug 20, 2024 4:12 pm | Acquisitions
Evans Senior Investments arranged the sale of a senior living portfolio in the Southwest. The portfolio features five properties, comprising a majority of skilled nursing beds with seniors housing units. The transaction was carried out on behalf of a regional... Read More »
by Steph Mallozzi | Aug 16, 2024 1:21 pm | Acquisitions
Marcus & Millichap arranged the sale of a 44-unit affordable seniors housing community, Olivetree Senior Citizen Apartments, in Olivehurst, California. Aaron Moayed and Isaak Heitzeberg handled the transaction. There were multiple competitive bids, with the... Read More »
by Steph Mallozzi | Aug 15, 2024 3:54 pm | Acquisitions
CBRE handled the sale of Chesapeake Bay, an active adult community with 348 apartments and cottages in Seabrook, Texas. The community’s initial phase leased quickly and maintained strong occupancy, prompting the developer to add 90 cottages in late 2023 to meet market... Read More »