by Steph Mallozzi | May 13, 2024 8:45 am | Acquisitions
Ziegler announced its involvement in the divestment of a senior care facility. The facility comprises 80+ skilled nursing and assisted living beds in Washburn County, Wisconsin. The seller was a 501(c)(3) not-for-profit organization serving elderly and disabled people... Read More »
by Steph Mallozzi | May 13, 2024 8:36 am | Financings
Capital Funding Group announced the closing of a bridge-to-HUD loan totaling $20.0 million on behalf of a nationally recognized borrower. The loan supported the refinancing of a 125-bed skilled nursing facility in Maryland. This financing follows CFG’s closing of a... Read More »
by Steph Mallozzi | May 8, 2024 10:13 am | Acquisitions
Daniel Geraghty and Bradley Clousing of Senior Living Investment Brokerage were engaged by a regional owner/operator in its divestment of a senior care facility. The seller is looking to consolidate its portfolio and exit the skilled nursing industry. The buyer is a... Read More »
by Steph Mallozzi | May 8, 2024 10:11 am | Financings
BMO Healthcare Real Estate provided $70.6 million in bridge financing to a joint venture of New Perspective Senior Living, Boldt Capital and Fengate Asset Management, for the recapitalization of two Class-A seniors housing communities. The communities total 290 units... Read More »
by Steph Mallozzi | May 8, 2024 10:09 am | Acquisitions
Blueprint was brought on to facilitate the sale of an inpatient transitional care facility, Las Cruces Post Acute and Rehab. Built in 2017, the facility features 50 beds and is in Las Cruces, New Mexico. It’s located within two miles of three short-term acute care... Read More »