by Steph Mallozzi | Oct 4, 2024 3:53 pm | Financings
JLL Capital Markets arranged a $35 million construction-takeout refinancing for a seniors housing community in California. Built in 2019 and expanded in 2021, Ocean Hills Senior Living comprises 216 units in Oceanside. Working on behalf of Protea Capital Partners, JLL... Read More »
by Steph Mallozzi | Oct 4, 2024 3:51 pm | Acquisitions
Sonida Senior Living, Inc. entered into an agreement to acquire two seniors housing communities that comprise 178 units in Atlanta, Georgia, for $29 million, or $163,000 per unit. The acquisition is expected to be funded through cash on hand and proceeds from Sonida’s... Read More »
by Steph Mallozzi | Oct 3, 2024 3:22 pm | Acquisitions
CareTrust REIT, Inc. acquired a skilled nursing portfolio in the Mid-Atlantic consisting of four facilities and 396 beds/units. One of the four facilities is a skilled nursing and assisted living campus, which includes 47 assisted living units. The purchase price,... Read More »
by Steph Mallozzi | Oct 3, 2024 3:19 pm | Acquisitions
The Ensign Group acquired a skilled nursing facility and an assisted living community, both in Norfolk, Nebraska. Built in 1968, St. Joseph Rehabilitation and Care Center comprises 83 skilled nursing beds. Skyview Villa Assisted Living features 20 assisted living... Read More »
by Steph Mallozzi | Oct 3, 2024 3:18 pm | Acquisitions, Financings
Berkadia announced the financing and sale of a senior living community in South Setauket, New York. Mike Garbers, Cody Tremper, Ross Sanders and Dave Fasano closed the sale transaction on behalf of a publicly traded REIT. Berkadia provided both investment sales and... Read More »