by Steph Mallozzi | Jun 21, 2024 3:14 pm | Acquisitions
National Church Residences expanded its Ohio portfolio through the acquisition of two affordable seniors housing communities. Both properties were purchased from Maple Knoll Communities and are in Cincinnati, Ohio. With these recent acquisitions, National Church... Read More »
by Steph Mallozzi | Jun 20, 2024 2:32 pm | Acquisitions, Financings
New Perspective Senior Living, a fast-growing senior living company with 40 communities across eight states, secured more than $200 million in bridge debt, preferred equity and common equity with its partners, BMO Commercial Real Estate, Fengate and Boldt, to... Read More »
by Steph Mallozzi | Jun 20, 2024 2:31 pm | Acquisitions, Financings
Helios Healthcare Advisors was engaged by a Mississippi-based regional owner/operator in its sale of an assisted living and memory care community in Alabama. The seller, Veritas InCare, was divesting to exit the industry. The selected buyer was a local owner/operator.... Read More »
by Steph Mallozzi | Jun 20, 2024 2:30 pm | Acquisitions
CBRE arranged the sale of a portfolio of three seniors housing communities in Vermont. The three communities, The Residence at Shelburne Bay, The Residence at Quarry Hill and The Residence at Otter Creek, comprise 423 units of independent living, assisted living and... Read More »
by Steph Mallozzi | Jun 20, 2024 2:26 pm | Acquisitions, Financings
JLL Capital Markets arranged the sale and financing, secured through Freddie Mac, for a Section 8, affordable seniors housing community in Stillwater, Minnesota. Rivertown Commons features 96 units across seven stories with 55,800 total square feet. JLL worked on... Read More »