by Steph Mallozzi | Apr 18, 2024 11:38 am | Acquisitions
CBRE was engaged in the sale of four seniors housing communities in the Dallas, Texas MSA: Village on the Park Plano (Plano), Village on the Park Denton (Denton), Village on the Park Stonebridge Ranch (McKinney) and Village on the Park McKinney (McKinney). The... Read More »
by Steph Mallozzi | Apr 18, 2024 11:35 am | Acquisitions
Plains Commercial Real Estate facilitated the sale of a skilled nursing facility in Oklahoma. The SNF was under legacy ownership and management, but the seller opted to divest to enter retirement and effectively exit the sector. Built in the 1960s, Latimer Nursing... Read More »
by Steph Mallozzi | Apr 18, 2024 11:33 am | Financings
Northmarq handled a $35 million refinance of a senior care campus in Gig Harbor, Washington. Built in two phases from 2010 to 2015, The Lodge at Mallard’s Landing features 147 private pay independent living, assisted living and memory care units. The three-story main... Read More »
by Steph Mallozzi | Apr 16, 2024 4:01 pm | Acquisitions, Financings
The Bascom Group, a private equity firm specializing in value-add multifamily, commercial and non-performing loans, real estate-related investments and operating companies, acquired a seniors housing community in Boulder City, Nevada, to expand its portfolio. This... Read More »
by Steph Mallozzi | Apr 16, 2024 3:59 pm | Acquisitions
Blueprint was enlisted by a private investor/developer, Medistar, to divest its value-add, senior care campus in Katy, Texas. Built in 2018, the campus features 70 skilled nursing beds and 78 assisted living units (with 34 beds). The campus maintained a steady... Read More »