by Steph Mallozzi | May 8, 2024 10:07 am | Acquisitions
Helios Healthcare Advisors facilitated the purchase of two assisted living communities in Northern Louisiana on behalf of an independent investment group based in Texas and Louisiana. Savannah Court of Bastrop and Savannah Court of Minden were owned by a public REIT... Read More »
by Steph Mallozzi | May 2, 2024 4:10 pm | Acquisitions, Financings
Marcus & Millichap was engaged by a private, family office merchant builder in its divestment of a fully stabilized seniors housing community in Arizona. Built in 2019, Inspira at Arrowhead comprises 165 independent living, assisted living and memory care units in... Read More »
by Steph Mallozzi | May 1, 2024 9:19 am | Acquisitions
Blueprint was brought on by a local owner/operator in its divestment of a 30-bed skilled nursing facility built in 2013 with all private beds in Cincinnati, Ohio. Located near a hospital, the facility was in great shape and only accepted Medicare and private pay... Read More »
by Steph Mallozzi | May 1, 2024 9:17 am | Acquisitions
Sherman & Roylance facilitated the sale of a purpose-built, six-bed RCFE community in Sonoma, California, with all private units. The purchase price was $1.75 million, or $290,000 per bed. The seller divested because it is consolidating its portfolio. The... Read More »
by Steph Mallozzi | Apr 26, 2024 3:55 pm | Financings
EBSC Lending provided $26.2 million in financing for an affordable seniors housing community in Michigan. The borrower is a not-for-profit owner/operator with experience in hospitality that will use the proceeds to refinance existing debt and fund capital... Read More »