by Steph Mallozzi | Feb 11, 2025 1:49 pm | Financings
Thorofare Capital, an affiliate of asset management platform Callodine Group LLC, provided a $42.9 million bridge loan to refinance Risor of St. Louis Park, a 170-unit active adult community in St. Louis Park, Minnesota. The borrower, Roers Companies, will use the... Read More »
by Steph Mallozzi | Feb 10, 2025 8:58 am | Financings
Ziegler announced the closing of Luthercare’s $31.52 million Series 2025A and 2025B bonds (together the “Series 2025 bonds”). Luthercare is a Pennsylvania-based not-for-profit that currently operates two communities in Lancaster County, Pennsylvania: Luther Acres and... Read More »
by Steph Mallozzi | Feb 10, 2025 8:56 am | Uncategorized
Ikaria Capital Group, led by Jason Dopoulos and Ken Gould who were formerly with White Oak Healthcare Partners and Lancaster Pollard, announced its launch. Headquartered in Cleveland, Ohio, Ikaria specializes in financing skilled nursing and seniors housing... Read More »
by Steph Mallozzi | Feb 6, 2025 4:06 pm | Acquisitions
Matthew Alley and Ryan Saul of Senior Living Investment Brokerage were engaged by a local independent owner in Texas in the divestment of its only skilled nursing facility, as he looks to exit the industry. He was leasing the property to a regional operator. Built in... Read More »
by Steph Mallozzi | Feb 6, 2025 4:05 pm | Acquisitions
Andrew Montgomery of Montgomery Intermediary Group has reported a strong start to the year, closing four separate transactions, so far, and announcing an additional deal from October of last year. That one involved a 130-bed skilled nursing facility in St. Louis,... Read More »