by Steph Mallozzi | Feb 13, 2024 4:15 pm | Acquisitions
Senior Living Investment Brokerage was brought on by a large, national not-for-profit in its divestment of a seniors housing community in Coon Rapids, Minnesota. The seller was looking to consolidate its portfolio to focus on core communities. The buyer was a joint... Read More »
by Steph Mallozzi | Feb 13, 2024 4:09 pm | Acquisitions
Blueprint’s Behavioral Healthcare team advised an owner in the sale of an existing seniors housing/memory care community in Indianapolis, Indiana, to be converted to an inpatient residential substance use disorder clinic. The asset was underwritten as both seniors... Read More »
by Steph Mallozzi | Feb 11, 2024 11:58 am | Acquisitions
Scribner Capital and its institutional capital partner announced its involvement in the purchase of The Village at Keizer Ridge in Keizer, Oregon. The acquiring joint venture also included Foundry Commercial and its affiliated operating partner, Cascadia Senior... Read More »
by Steph Mallozzi | Feb 8, 2024 3:35 pm | Financings
BWE secured $46.0 million in permanent financing for a Class-A seniors housing community in Cypress, California. Built in 2022, Westmont of Cypress comprises 129 independent living, assisted living and memory care units. That results in about $356,500 per unit of... Read More »
by Steph Mallozzi | Feb 6, 2024 4:34 pm | Acquisitions
A regional owner/operator that was looking to expand its footprint was selected as the buyer of a seniors housing community in Pleasant Prairie, Wisconsin. Built in 2016, the community comprises 100 assisted living and memory care units. The seller was an undisclosed,... Read More »