by Steph Mallozzi | Apr 8, 2024 9:17 am | Acquisitions
Plains Commercial is starting off the second quarter strong, closing two separate seniors housing transactions in Oklahoma and Arkansas. The two communities are Glade Avenue Assisted Living (OK) and Magnolia Assisted Living (AR). Daniel Morris handled both... Read More »
by Steph Mallozzi | Apr 8, 2024 9:15 am | Acquisitions
Blueprint was engaged by a private REIT in the divestment of its non-core seniors housing community in Wyoming, Michigan. The REIT focuses primarily on private pay seniors housing communities throughout the United States, and was a repeat client of Blueprint’s.... Read More »
by Steph Mallozzi | Apr 4, 2024 4:35 pm | Acquisitions
CareTrust REIT, Inc. announced that it purchased three CCRCs in Los Angeles, Orange and San Diego counties. Together, the communities comprise 475 assisted living, skilled nursing and memory care beds/units. The incoming operator for each is Bayshire Senior... Read More »
by Steph Mallozzi | Apr 4, 2024 4:34 pm | Acquisitions, Financings
CBRE Capital Markets secured acquisition financing for a seniors housing community in Ponte Vedra Beach, Florida, on behalf of Starling, a regional senior living development and management company based in Jacksonville, Florida. Built in 2015, Starling at Ponte Vedra... Read More »
by Steph Mallozzi | Apr 2, 2024 5:33 pm | Financings
Capital Funding Group announced the closing of two HUD loans totaling $17.4 million, which supported the refinancing of two skilled nursing facilities in Florida. The facilities feature a total of 261 beds. The financing was on behalf of a nationally recognized... Read More »