by Steph Mallozzi | Jun 14, 2024 9:09 am | Acquisitions, Financings
Lument announced the closing of a $9 million bridge loan, which was funded directly from Lument’s balance sheet, to finance The Cottages Assisted Living and Memory Care, a portfolio of three properties in the Boise area: Alpine Meadows, The Cottages of Boise and The... Read More »
by Steph Mallozzi | Jun 14, 2024 9:06 am | Acquisitions
A national developer/investor, which engaged Blueprint in a large portfolio divestment of senior living communities that were purchased in a portfolio transaction pre-pandemic, sold an asset in Oklahoma. Built in 2000, the seniors housing community features 52 units... Read More »
by Steph Mallozzi | Jun 14, 2024 9:05 am | Financings
First Citizens Bank’s Healthcare Finance business provided a term loan to refinance a Class-A senior living community in a desirable location. GenCare Lifestyle Tacoma at Point Ruston comprises 159 units across six stories in Tacoma, Washington. The borrower is a... Read More »
by Steph Mallozzi | Jun 11, 2024 3:47 pm | Acquisitions
Evans Senior Investments was engaged by an independent owner/operator in the sale of a skilled nursing facility in Aurora, Colorado. Evans targeted a select pool of prospective buyers, ensuring a competitive bidding environment and ultimately procuring 10 offers for... Read More »
by Steph Mallozzi | Jun 11, 2024 3:46 pm | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a seniors housing community in Mercer Island, Washington. Built in 1990, the community features 50 units of assisted living and memory care and is situated in Lake Washington, east of Seattle and west of... Read More »