by Steph Mallozzi | Sep 5, 2024 3:45 pm | Financings
Capital Funding Group and Erickson Senior Living announced the closing of a $185 million construction loan to support the first phase of construction for The Grandview, a CCRC under development in Bethesda, Maryland. Phase I of this project, known as the West Village,... Read More »
by Steph Mallozzi | Sep 4, 2024 8:21 am | Acquisitions
The Ensign Group acquired the operations of seven skilled nursing facilities in Colorado, which are all subject to long-term, triple net leases. The facilities include Desert Will Health and Rehabilitation Center (106 beds in Pueblo), Junction Creek Health and... Read More »
by Steph Mallozzi | Aug 30, 2024 11:35 am | Acquisitions
CareTrust REIT announced the acquisition of two performing skilled nursing facilities in separate transactions with a total investment amount of approximately $62.1 million. On August 29, the company acquired a 125-bed SNF in the Mid-Atlantic, and on August 7, it... Read More »
by Steph Mallozzi | Aug 30, 2024 11:32 am | Financings
Ziegler announced the closing of the Parkshore Juanita Bay (PSJB) $62.42 million Series 2024 bonds through the Washington State Housing Finance Commission. Ziegler pressed the max yield below 6% despite an aggressive five-year par call feature. PSJB constructed The... Read More »
by Steph Mallozzi | Aug 29, 2024 3:23 pm | Acquisitions
Chartwell Retirement Residences entered into definitive agreements for acquisitions of three modern retirement residences on Vancouver Island. Together, the communities total 384 units. The aggregate purchase price is US$168.4 million. Built in 2023, Vista... Read More »