by Steph Mallozzi | Mar 22, 2024 2:46 pm | Acquisitions
Commonwealth Senior Living recently acquired a seniors housing community near Grand Rapids, Michigan. This marks the third community for Commonwealth in the Grand Rapids area. Redico and American House Senior Living Communities purchased the community in January 2020.... Read More »
by Steph Mallozzi | Mar 22, 2024 2:44 pm | Acquisitions
Orion Real Estate Partners acquired a seniors housing community in Utah from Tablerock Capital. Built in 1998, Meridian Heights features 96 units in Sandy. The units comprise one- and two-bedroom floor plans that range from 838 to 1,004 square feet. Danny Shin and... Read More »
by Steph Mallozzi | Mar 21, 2024 3:55 pm | Acquisitions, Financings
The Newmark Seniors Housing team facilitated the sale and equity raise for two Class-A seniors housing communities in the Washington, D.C. metro area. They worked on behalf of the sellers, Harrison Street and Palomino Capital, a middle market investment bank. ... Read More »
by Steph Mallozzi | Mar 21, 2024 3:54 pm | Acquisitions
Eads Investment Brokerage facilitated the sale of seven seniors housing communities in and around Saint Louis, Missouri. Patrick Byrne, who has sold 23 communities in Missouri since 2022, handled the transaction. First, Eads represented a regional owner/operator... Read More »
by Steph Mallozzi | Mar 21, 2024 3:52 pm | Acquisitions
Benchmark Commercial Real Estate was brought on by Flatirons Health Development, LLC. in its divestment of a skilled nursing facility in Colorado. The facility was previously operated by Axiom Healthcare Services. This was its only managed facility in Colorado, with... Read More »