by Steph Mallozzi | Aug 4, 2024 11:38 am | Acquisitions
The Ensign Group completed the acquisition of three skilled nursing facilities in three separate transactions. First, Ensign acquired the real estate and operations of Greater Southside Health and Rehabilitation, a 76-bed skilled nursing facility in Des Moines, Iowa.... Read More »
by Steph Mallozzi | Aug 4, 2024 11:33 am | Acquisitions
Meiser Commercial Real Estate was engaged by DeShano Companies Inc. in its divestment of a seniors housing community in Auburn, Michigan. Built in 2010, Plainview Assisted Living comprises 20 assisted living and 16 independent living units on 2.9 acres. At the time of... Read More »
by Steph Mallozzi | Aug 1, 2024 3:29 pm | Acquisitions
Arrow Senior Living acquired eight seniors housing communities across Illinois, Iowa, Missouri and Arkansas. Acquired in June, CedarStone Senior Living and PrairieStone Senior Living, both in Cedar Falls, Iowa, were developed by Nelson Construction and Development.... Read More »
by Steph Mallozzi | Aug 1, 2024 3:27 pm | Acquisitions
Green Courte Partners, a private equity real estate investment firm, announced that its fifth investment fund, Green Courte Real Estate Partners V, and its affiliates acquired Chesapeake Bay, an active adult community with 348 apartments and cottages in Seabrook,... Read More »
by Steph Mallozzi | Aug 1, 2024 3:26 pm | Acquisitions, Financings
Capital Funding Group closed $17.27 million in bridge-to-HUD financing for the acquisition of three skilled nursing facilities in Massachusetts. In total, the portfolio comprises 322 beds. Closing occurred on June 28, less than 60 days from receipt of the signed term... Read More »