by Steph Mallozzi | Aug 23, 2024 8:47 am | Acquisitions
Newmark’s Seniors Housing Team facilitated the sale of a seniors housing community in Virginia. Built in 1988 and renovated in 2017, The Devonshire comprises 159 independent and assisted living units across two stories in the town of Hampton, near Newport News and... Read More »
by Steph Mallozzi | Aug 23, 2024 8:46 am | Acquisitions
A new brokerage firm in the seniors housing and care industry has closed its first transaction, which involved the sale of a standalone memory care community in Johns Creek, Georgia (Atlanta MSA). Built in 1996, St. Ives Memory Care comprises 38 units. This community... Read More »
by Steph Mallozzi | Aug 23, 2024 8:45 am | Acquisitions
Evans Senior Investments handled the sale of a skilled nursing facility in Lincoln, Nebraska. The transaction was executed on behalf of an independent owner/operator that was ready to transition out of the industry. Built in 1974, Holmes Lake Rehabilitation & Care... Read More »
by Steph Mallozzi | Aug 20, 2024 4:17 pm | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a seniors housing community in Taylorsville, Utah on behalf of a REIT. The REIT was divesting to focus on its core markets within its portfolio. Vince Viverito and Brad Clousing handled the transaction. ... Read More »
by Steph Mallozzi | Aug 20, 2024 4:14 pm | Financings
Capital Funding Group announced the closing of a $12.5 million bridge-to-HUD loan, which supported the refinancing of an existing bridge loan. The deal supported a 175-bed skilled nursing and assisted living community in Ohio. Craig Casagrande handled the transaction,... Read More »