by Steph Mallozzi | Feb 22, 2024 3:36 pm | Developments
Lument closed a $27 million debt placement to assist Mission Senior Living with the construction of a seniors housing community. Mission Senior Living is an owner/operator of senior living communities in the western U.S. with six communities totaling 639 units under... Read More »
by Steph Mallozzi | Feb 20, 2024 4:37 pm | Acquisitions, Financings
Capital Funding Group announced the company executed or arranged more than $1.7 billion in financing across 50 deals in 2023. These financings included 24 healthcare bridge-to-HUD loans, five multifamily bridge loans and 11 HUD loans. Financing of the multifamily... Read More »
by Steph Mallozzi | Feb 20, 2024 4:36 pm | Acquisitions
Sherman & Roylance was engaged by a new player in the seniors housing sector in its divestment of an assisted living/memory care community. The seller is refocusing its efforts on geographic areas closer to its core operations. The buyer, a San Diego-based family... Read More »
by Steph Mallozzi | Feb 16, 2024 8:28 am | Acquisitions
JLL Capital Markets facilitated the sale of three Class-A seniors housing communities in Wildwood, Town & Country, and Kansas City, Missouri. These assets were acquired by a joint venture of Artemis Real Estate Partners, Scarp Ridge Capital Partners and Arrow... Read More »
by Steph Mallozzi | Feb 16, 2024 8:27 am | Acquisitions
Blueprint was engaged in the divestment of two value-add skilled nursing facilities in east Texas. These facilities, located just 15 minutes apart, total 320 beds. Despite experiencing historical lows in census as well as staffing challenges, the facilities were... Read More »