by Steph Mallozzi | Aug 13, 2024 4:00 pm | Financings
Oxford Finance announced the closing of a $47 million senior credit facility to Creative Solutions in Healthcare, Inc., a family-owned, Fort Worth, Texas-based company with more than 170 long-term care communities throughout Texas. Funds drawn at closing were used to... Read More »
by Steph Mallozzi | Aug 9, 2024 2:27 pm | Acquisitions
JLL facilitated the sale of a seniors housing community in the Los Angeles suburb of Encino, California. The buyer was an independent investment management firm. Aaron Rosenzweig and Dan Baker represented the seller and procured the buyer in the transaction. ... Read More »
by Steph Mallozzi | Aug 9, 2024 2:27 pm | Uncategorized
Cushman & Wakefield hired Matthew Yance as a Director for the firm’s Valuation & Advisory group as part of the senior living and care specialty practice. Based out of the firm’s New York office, Yance will focus on institutional valuations and market studies... Read More »
by Steph Mallozzi | Aug 8, 2024 6:30 pm | Acquisitions
Berkadia announced the sale of a Class-A, active adult community in Greenville, South Carolina. Built in 2022, The Aspens Verdae sits within the 1,100-acre master-planned Verdae neighborhood and comprises 159 one-bedroom and two-bedroom apartments. Cody Tremper, Mike... Read More »
by Steph Mallozzi | Aug 8, 2024 6:27 pm | Financings
CIBC Bank USA and a Greystone Monticello affiliate, along with other co-lenders, recently provided 980Investments, owned by Simcha Hyman and Naftali Zanziper, with $137.0 million in total financing. The credit facilities were used to refinance a North Carolina... Read More »