by Steph Mallozzi | Oct 8, 2024 3:31 pm | Acquisitions, Financings
Berkadia announced the sale and financing of a Class-A seniors housing community in the Orlando, Florida MSA, Oakmonte Village at Lake Mary. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers represented the seller while Austin Sacco and Steven Muth handled the... Read More »
by Steph Mallozzi | Oct 4, 2024 6:02 pm | Financings
CBRE secured the refinancing for a seniors housing community in the Austin, Texas MSA, on behalf of Harrison Street. Aron Will and Tim Root handled the transaction, securing a five-year loan from a life insurance company. Built in 2018, The Village at the Triangle... Read More »
by Steph Mallozzi | Oct 4, 2024 3:53 pm | Financings
JLL Capital Markets arranged a $35 million construction-takeout refinancing for a seniors housing community in California. Built in 2019 and expanded in 2021, Ocean Hills Senior Living comprises 216 units in Oceanside. Working on behalf of Protea Capital Partners, JLL... Read More »
by Steph Mallozzi | Oct 4, 2024 3:51 pm | Acquisitions
Sonida Senior Living, Inc. entered into an agreement to acquire two seniors housing communities that comprise 178 units in Atlanta, Georgia, for $29 million, or $163,000 per unit. The acquisition is expected to be funded through cash on hand and proceeds from Sonida’s... Read More »
by Steph Mallozzi | Oct 3, 2024 3:22 pm | Acquisitions
CareTrust REIT, Inc. acquired a skilled nursing portfolio in the Mid-Atlantic consisting of four facilities and 396 beds/units. One of the four facilities is a skilled nursing and assisted living campus, which includes 47 assisted living units. The purchase price,... Read More »