by Steph Mallozzi | Jun 14, 2024 9:05 am | Financings
First Citizens Bank’s Healthcare Finance business provided a term loan to refinance a Class-A senior living community in a desirable location. GenCare Lifestyle Tacoma at Point Ruston comprises 159 units across six stories in Tacoma, Washington. The borrower is a... Read More »
by Steph Mallozzi | Jun 11, 2024 3:47 pm | Acquisitions
Evans Senior Investments was engaged by an independent owner/operator in the sale of a skilled nursing facility in Aurora, Colorado. Evans targeted a select pool of prospective buyers, ensuring a competitive bidding environment and ultimately procuring 10 offers for... Read More »
by Steph Mallozzi | Jun 11, 2024 3:46 pm | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a seniors housing community in Mercer Island, Washington. Built in 1990, the community features 50 units of assisted living and memory care and is situated in Lake Washington, east of Seattle and west of... Read More »
by Steph Mallozzi | Jun 11, 2024 3:45 pm | Acquisitions
Blueprint’s Behavioral Healthcare team advised a national behavioral healthcare real estate investor in the re-tenanting of a substance abuse treatment center in the Norfolk, Virginia MSA. The existing asset had a previously strong operating history, though was not... Read More »
by Steph Mallozzi | Jun 7, 2024 3:17 pm | Acquisitions
Walker & Dunlop announced the closing of the Magnolia Springs portfolio consisting of seven communities across Ohio, Kentucky and Indiana. The seller appears to be a joint venture between LCS Real Estate and Nuveen Real Estate, which acquired the portfolio in 2018... Read More »