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 »
by Steph Mallozzi | Mar 20, 2024 9:19 am | Acquisitions, Financings
Capital Funding Group announced the execution of $16.25 million in bridge-to-HUD financing for the acquisition of two Utah skilled nursing facilities totaling 220 beds. The buyer is nationally recognized, and this marks its entrance into the state. Tommy Dillon... Read More »
by Steph Mallozzi | Mar 20, 2024 9:18 am | Acquisitions
A national developer/investor engaged Blueprint to create an exit strategy to maximize value for more than a dozen geographically disparate, older-vintage communities. These communities were purchased in a sizable portfolio transaction pre-pandemic under a value-add... Read More »
by Steph Mallozzi | Mar 20, 2024 9:16 am | Acquisitions
Montgomery Intermediary Group closed on a lease-to-purchase agreement of a skilled nursing facility with 60 beds in Missouri. Built in 1961 and expanded in the 1980s, the facility was owned by Blue Sky Basin, which is still actively looking to grow in the sector but... Read More »