by Steph Mallozzi | Jul 11, 2024 11:24 am | Financings
Pace Loan Group closed a $7.1 million PACE loan on a 134-unit new construction, market-rate senior living community in St. Francis, Minnesota. The 20-year loan complements a $30 million qualified tax-exempt loan on the project using Series 2023A bonds with Sunrise... Read More »
by Steph Mallozzi | Jul 10, 2024 8:45 am | Acquisitions
Blueprint was brought in in the divestment of a skilled nursing facility in Ohio. Purpose-built in 2015 as a transitional care facility in a northeastern suburb of Akron, the SNF comprises 80 beds and presents numerous paths to stabilization with strong fundamentals... Read More »
by Steph Mallozzi | Jul 10, 2024 8:43 am | Acquisitions
Berkadia was engaged by Indianapolis-based Leo Brown Group in its divestment of two Class-A seniors housing communities in strong submarkets in Indiana and Ohio. The properties demonstrate robust operating performance with impressive margins, top-line revenue and high... Read More »
by Steph Mallozzi | Jul 10, 2024 8:42 am | Acquisitions, Financings
Ziegler announced the closing of New Jersey-based FellowshipLIFE’s Series 2024 bonds and taxable term loan in an aggregate par amount of $42.5 million for the Senior Living Finance Practice. FellowshipLIFE, a not-for-profit provider of seniors housing, has an... Read More »
by Steph Mallozzi | Jul 10, 2024 8:40 am | Uncategorized
Sunrise Senior Living added 13 communities to its growing North American portfolio, with more community additions to follow in the third quarter. Sunrise now operates more than 240 seniors housing communities in the United States and Canada, serving more than 20,000... Read More »