by Steph Mallozzi | Apr 9, 2024 3:42 pm | Acquisitions
Evans Senior Investments arranged the sale of two skilled nursing facilities located about 10 miles apart in southwest Louisiana on behalf of an independent owner. Built in 1970 and 1972, the facilities comprise around 350 beds and are situated in Lake Charles. Prior... Read More »
by Steph Mallozzi | Apr 9, 2024 3:41 pm | Financings
Berkadia announced the closing of $49.4 million in 232/223f HUD refinancings across five transactions in four states. The loans carried an average loan-to-cost of 75% and an average term of 33 years. Four of the loans refinanced bridge loans closed from Berkadia’s... Read More »
by Steph Mallozzi | Apr 9, 2024 3:40 pm | Acquisitions
Working on behalf of a national developer/investor, Blueprint closed the sale of another older vintage seniors housing community as part of a larger divestment of over a dozen geographically disparate communities. The assets were purchased in a sizable portfolio... Read More »
by Steph Mallozzi | Apr 8, 2024 9:17 am | Acquisitions
Plains Commercial is starting off the second quarter strong, closing two separate seniors housing transactions in Oklahoma and Arkansas. The two communities are Glade Avenue Assisted Living (OK) and Magnolia Assisted Living (AR). Daniel Morris handled both... Read More »
by Steph Mallozzi | Apr 8, 2024 9:15 am | Acquisitions
Blueprint was engaged by a private REIT in the divestment of its non-core seniors housing community in Wyoming, Michigan. The REIT focuses primarily on private pay seniors housing communities throughout the United States, and was a repeat client of Blueprint’s.... Read More »