by Steph Mallozzi | Oct 11, 2024 3:39 pm | Acquisitions
JLL was engaged by a private equity firm in the sale of its Class-A seniors housing community in Wilmington, Delaware. Harbor Retirement Associates will continue to manage the community for the buyer, a publicly traded REIT. Built in 2018, HarborChase of Wilmington is... Read More »
by Steph Mallozzi | Oct 11, 2024 3:33 pm | Financings
CBRE arranged acquisition financing for The Arbors of Gulf Breeze on behalf of CPF Living Communities. Aron Will and Tim Root arranged a five-year fixed rate loan through the Freddie Mac Optigo lending platform. Built in 2018, The Arbors consists of 132 units with 51... Read More »
by Steph Mallozzi | Oct 11, 2024 3:32 pm | Financings
BMO’s Healthcare Real Estate Finance group acted as the lead arranger and administrative agent on a term loan refinancing for an intergenerational community in Minneapolis, Minnesota, on behalf of Harrison Street and Oppidan. Built in 2020, The Pillars of Prospect... Read More »
by Steph Mallozzi | Oct 11, 2024 3:31 pm | Acquisitions
Blueprint facilitated the sale of a standalone memory care community in a part of Colorado with limited local competition and affluent wealth demographics. Built in 2016, the community comprises 50 private studio apartments with in-unit bathrooms in Grand Junction. At... Read More »
by Steph Mallozzi | Oct 11, 2024 3:30 pm | Financings
Ziegler announced the closing of Convivial St. Petersburg, LLC’s Series 2024 revenue bond anticipation notes. The Series 2024 notes are comprised of $23.4 million of tax-exempt Series 2024A notes sold publicly to institutional investors and a total of $6 million of... Read More »