by Steph Mallozzi | Jun 7, 2024 3:15 pm | Acquisitions
Newmark facilitated the divestment of a seniors housing community in Bend, Oregon. Built in 2013 and 2016, Mt. Bachelor Assisted Living and Memory Care comprises 156 assisted living and memory care units. Ventas revealed that it acquired this community for $55... Read More »
by Steph Mallozzi | Jun 7, 2024 3:14 pm | Acquisitions
Blueprint’s Behavioral Healthcare team advised a seniors housing investor to both obtain specialized zoning entitlements for a vacant seniors housing asset and to sell the asset as a potential behavioral healthcare conversion following the re-zoning. Andrew Sfreddo,... Read More »
by Steph Mallozzi | Jun 7, 2024 3:13 pm | Financings
JLL Capital Markets arranged refinancing for a seniors housing community in Rio Rancho, New Mexico. JLL secured the five-year, fixed-rate loan through a life insurance company. Built in 1997 and renovated in 2019, Fairwinds Rio Rancho features 220 independent living... Read More »
by Steph Mallozzi | Jun 7, 2024 3:12 pm | Acquisitions
Marcus & Millichap and Affordable Housing Advisors teamed up to facilitate the sale of an affordable seniors housing community in Campbell, California. After operating the community for over 30 years, the not-for-profit owner/operator chose to divest Corinthian... Read More »
by Steph Mallozzi | Jun 7, 2024 3:11 pm | Financings
Berkadia announced the financing and preservation of Jesse Jackson Jr. Senior Housing, a 120-unit affordable seniors housing community in Harvey, Illinois. James Grande secured the $17.6 million low-income housing tax credit equity investment on behalf of the sponsor,... Read More »