by Steph Mallozzi | Jun 20, 2024 2:30 pm | Acquisitions
CBRE arranged the sale of a portfolio of three seniors housing communities in Vermont. The three communities, The Residence at Shelburne Bay, The Residence at Quarry Hill and The Residence at Otter Creek, comprise 423 units of independent living, assisted living and... Read More »
by Steph Mallozzi | Jun 20, 2024 2:26 pm | Acquisitions, Financings
JLL Capital Markets arranged the sale and financing, secured through Freddie Mac, for a Section 8, affordable seniors housing community in Stillwater, Minnesota. Rivertown Commons features 96 units across seven stories with 55,800 total square feet. JLL worked on... Read More »
by Steph Mallozzi | Jun 20, 2024 2:22 pm | Uncategorized
Foundry Commercial announced the addition of John Reinsma as Deal Principal for its Healthcare business within the Development & Investments platform. In his role, Reinsma, who has spent nearly 20 years in the senior living industry, will lead the development and... Read More »
by Steph Mallozzi | Jun 18, 2024 3:58 pm | Acquisitions
In its first seniors housing acquisition since 2022, according to publicly disclosed deals in LevinPro LTC, PGIM Real Estate is acquiring the real estate and operations of Signature Senior Lifestyle, an owner/operator/developer of seniors housing in the United... Read More »
by Steph Mallozzi | Jun 18, 2024 3:57 pm | Acquisitions
Senior Living Investment Brokerage leveraged an auction process on behalf of a REIT selling a seniors housing community in Meridian, Idaho. The REIT is divesting to exit operations in the state. The buyer is an Idaho-based owner/operator expanding its footprint in the... Read More »