by Steph Mallozzi | Aug 19, 2025 3:36 pm | Acquisitions
Principal Asset Management (Principal Financial Group’s investment management division) and IRA Capital announced the acquisition of American Groves, a Class-A seniors housing community in Gilbert, Arizona, for $44.5 million, or $500,000 per unit. The sale was... Read More »
by Steph Mallozzi | Aug 19, 2025 3:35 pm | Acquisitions
JLL Securities and JLL Capital Markets arranged $79.32 million in tax-exempt, floating-rate bank financing for Integrated Senior Foundation’s acquisition of three well-performing seniors housing communities in Oregon (2) and Montana. JLL secured a low spread... Read More »
by Steph Mallozzi | Aug 19, 2025 3:33 pm | Acquisitions
Andrew Montgomery and Jeremy Warren of Montgomery Intermediary Group stayed active throughout the summer, beginning with a couple of closings in the Midwest. In addition to those closings, the team facilitated the sale of a skilled nursing facility in a smaller... Read More »
by Steph Mallozzi | Aug 19, 2025 3:32 pm | Acquisitions
Connor Doherty and Ryan Kelly of Blueprint facilitated the sale of a skilled nursing facility in Ohio on behalf of a group of investors from around the area looking to exit the business. The asset featured a phased physical plant with modernized components and was... Read More »
by Steph Mallozzi | Aug 15, 2025 1:48 pm | Acquisitions
JLL Capital Markets completed the sale of Loma Clara, an 89-licensed-bed, Class-A seniors housing community in Morgan Hill, California. JLL’s Seniors Housing Capital Markets team marketed the property on behalf of the seller, Steadfast Senior Living, and procured the... Read More »