by Steph Mallozzi | Nov 14, 2024 3:14 pm | Acquisitions
Jack Osteen of Sherman & Roylance facilitated the sale of two skilled nursing facilities comprising 252 total beds in South Carolina. The facilities were previously marketed by a different brokerage firm in 2021. Built around 1980 and renovated in 1998, one... Read More »
by Steph Mallozzi | Nov 14, 2024 3:13 pm | Financings
Northwest Visalia Senior Housing LLC obtained a $29.5 million loan for the refinancing of Quail Park at Shannon Ranch, which comprises 120 units of independent living, assisted living and memory care in Visalia, California. Northmarq secured the 10-year loan, with the... Read More »
by Steph Mallozzi | Nov 13, 2024 8:55 am | Acquisitions
Bull Realty, a commercial regional real estate company, was engaged by Gryphon Senior Living in its divestment of a seniors housing community in Dacula, Georgia. Built in 2011, Hope Memory Care Community features 64 memory care units across 37,432 square feet on 3.44... Read More »
by Steph Mallozzi | Nov 13, 2024 8:53 am | Acquisitions
Blueprint was engaged by a joint venture between two national investors in the divestment of its seniors housing community in Pickerington, Ohio, that was acquired as part of a larger transaction. The buyer, which intends to reposition the asset as affordable seniors... Read More »
by Steph Mallozzi | Nov 8, 2024 2:18 pm | Acquisitions
An institutional owner decided to divest its skilled nursing facility in East Boston, Massachusetts, in order to recycle capital and shift its investment focus. Evans Senior Investments marketed the facility to a group of regional and national buyers before an... Read More »