by Steph Mallozzi | Oct 22, 2024 3:20 pm | Acquisitions, Financings
Newmark’s Senior Housing Team handled the sale of a seniors housing community in South Carolina. Built in 2021, New Haven at Little River features 154 independent living, assisted living and memory care units in Little River, South Carolina. Totaling 200,000 square... Read More »
by Steph Mallozzi | Oct 22, 2024 3:18 pm | Financings
Mesa West Capital provided a joint venture with a loan to refinance a seniors housing community in Montvale, New Jersey. The joint venture comprises AEW Capital Management, Thrive Senior Living and Pike Construction. The five-year, floating-rate $57 million loan is... Read More »
by Steph Mallozzi | Oct 18, 2024 2:46 pm | Financings
Invesque recently announced several transaction and refinancing updates. First, in September, the company sold an Illinois skilled nursing facility for $16.5 million, with proceeds from the sale going towards reducing borrowings under the KeyBank credit facility.... Read More »
by Steph Mallozzi | Oct 15, 2024 3:15 pm | Acquisitions
Evans Senior Investments arranged the sale of a seniors housing community in the Dallas-Fort Worth, Texas MSA. Built in 2013, Sonoma House Assisted Living comprises 33 assisted living units and 63 memory care units across seven cottages in Carrollton, Texas. At the... Read More »
by Steph Mallozzi | Oct 15, 2024 3:14 pm | Acquisitions
Blueprint was engaged by an established owner seeking a desire to divest its skilled nursing facility in Ohio. Originally constructed in 1920 as the original site of McKinley High School, the facility was converted to skilled nursing in 1984. The facility suffered... Read More »