by Steph Mallozzi | Aug 15, 2024 3:53 pm | Acquisitions
Saint Therese, a Minnesota-based not-for-profit senior care organization, engaged Blueprint in its divestment of its CCRC in a northwest Minneapolis submarket. Originally built in 1967, Saint Therese of New Hope comprises 221 independent and assisted living units and... Read More »
by Steph Mallozzi | Aug 15, 2024 3:51 pm | Financings
JLL arranged a $52 million refinancing for Atria Newport Beach, a 168-unit senior living community in the Newport Beach enclave of Orange County, California. The Class-A asset was built in two phases with the north building fully renovated in 2023, while the south... Read More »
by Steph Mallozzi | Aug 15, 2024 3:49 pm | Financings
BWE secured $11 million in C-PACE financing for a Class-A seniors housing community in Tennessee. Built in 2022, Cloverland Park is a 100-unit, three-story assisted living and memory care community in Brentwood. The funds will be used to pay down and extend the... Read More »
by Steph Mallozzi | Aug 13, 2024 4:02 pm | Acquisitions
Evans Senior Investments arranged the sale of a skilled nursing facility in Jackson, Michigan. The seller was an independent owner/operator looking to recycle capital and exit the industry. The ultimate selected buyer was a regional operator. Built in 1968,... Read More »
by Steph Mallozzi | Aug 13, 2024 4:01 pm | Acquisitions, Financings
Capital Funding Group has financed over $440 million from January through June of this year. This financing includes 18 healthcare bridge loans, five multifamily bridge loans and eight HUD loans. Notable transactions included a $65 million bridge loan for the... Read More »