by Steph Mallozzi | Oct 10, 2024 3:19 pm | Opinion
After Brookdale Senior Living finally topped 80% in month-end occupancy in August, reaching 80.4%, the company reported 80.5% in month-end occupancy for September, indicating weaker momentum going into Q4 compared to prior years. We said improvements would need to be... Read More »
by Steph Mallozzi | Oct 10, 2024 10:37 am | Financings
Live Oak Bank has been actively lending this Fall, so far, announcing three closings in recent weeks. The bank first closed a $13.5 million bridge loan for Bakerson Companies. The bridge-to-agency loan features a three-year initial term and 24 months of interest-only... Read More »
by Steph Mallozzi | Oct 10, 2024 10:35 am | Acquisitions
Evans Senior Investments arranged the sale of a seniors housing community in Maumelle, Arkansas (Little Rock MSA). Built in 2007, Stonehaven Assisted Living comprises 60 assisted living units with both private pay and Medicaid residents. However, over the past year,... Read More »
by Steph Mallozzi | Oct 8, 2024 3:34 pm | Financings
Ziegler announced the closing of the Series 2024C bonds for The Christian and Missionary Alliance Foundation, d/b/a Shell Point Retirement Community. Shell Point currently comprises 1,334 independent living units, 356 assisted living units and 180 skilled nursing beds... Read More »
by Steph Mallozzi | Oct 8, 2024 3:32 pm | Acquisitions
Evans Senior Investments facilitated the sale of a seniors housing community in the Dallas-Fort Worth, Texas MSA, on behalf of a national healthcare system exiting the industry. The buyer was a regional owner/operator with an existing footprint in Texas. Built in... Read More »