by Steph Mallozzi | Oct 24, 2024 3:26 pm | Financings
In September, Dwight Capital and its affiliate REIT, Dwight Mortgage Trust, closed $279.7 million in real estate financings. Notable transactions included three separate HUD loans; a skilled nursing facility in New York, and a skilled nursing portfolio in New... Read More »
by Steph Mallozzi | Oct 22, 2024 3:21 pm | Acquisitions, Financings
Berkadia announced the sale and financing of an active adult community in Annapolis, Maryland. Built in 2002, Gardens of Annapolis features 106 units with 42-one bedroom/one-bathroom units, 23 two-bedroom/one-bathroom units and 41 two-bedroom/two-bathroom units. The... Read More »
by Steph Mallozzi | Oct 22, 2024 3:20 pm | Acquisitions, Financings
Newmark’s Senior Housing Team handled the sale of a seniors housing community in South Carolina. Built in 2021, New Haven at Little River features 154 independent living, assisted living and memory care units in Little River, South Carolina. Totaling 200,000 square... Read More »
by Steph Mallozzi | Oct 22, 2024 3:18 pm | Financings
Mesa West Capital provided a joint venture with a loan to refinance a seniors housing community in Montvale, New Jersey. The joint venture comprises AEW Capital Management, Thrive Senior Living and Pike Construction. The five-year, floating-rate $57 million loan is... Read More »
by Steph Mallozzi | Oct 18, 2024 2:46 pm | Financings
Invesque recently announced several transaction and refinancing updates. First, in September, the company sold an Illinois skilled nursing facility for $16.5 million, with proceeds from the sale going towards reducing borrowings under the KeyBank credit facility.... Read More »