by Steph Mallozzi | May 31, 2024 3:35 pm | Acquisitions, Uncategorized
Newmark announced the sale of a seniors housing portfolio featuring assets spread across three states. Dubbed Project Stone, the four-community portfolio includes Class-A communities at irreplaceable locations in strong Ohio, Kentucky and Missouri submarkets.... Read More »
by Steph Mallozzi | May 31, 2024 3:32 pm | Acquisitions
Haven Senior Investments facilitated the sale of two seniors housing communities in eastern Kansas that total 59 assisted living and memory care units. The purchase price was $3.4 million, or $57,600 per unit. The seller, MorningStar Care Homes, divested one of its... Read More »
by Steph Mallozzi | May 30, 2024 3:37 pm | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a standalone memory care community in Alpharetta, Georgia, that benefits from strong on-site leadership and a great reputation in the local market. The seller, Insignia Senior Living, is selling its United... Read More »
by Steph Mallozzi | May 30, 2024 3:36 pm | Acquisitions
JLL Capital Markets arranged the sale of a Class-A seniors housing community in San Marcos, Texas. The seller was a joint venture between Bow River Capital and Investcor, and the buyer was Inspired Healthcare Capital. Built in 2020, Sage Spring Senior Living comprises... Read More »
by Steph Mallozzi | May 29, 2024 9:56 am | Financings
SLR Healthcare ABL provided a $3.0 million asset-based revolving credit facility to a skilled nursing operator based in the upper Midwest. The management team has a combined 40 years of long-term care experience. It recently took over the operations of three skilled... Read More »