by Steph Mallozzi | Oct 11, 2024 3:31 pm | Acquisitions
Blueprint facilitated the sale of a standalone memory care community in a part of Colorado with limited local competition and affluent wealth demographics. Built in 2016, the community comprises 50 private studio apartments with in-unit bathrooms in Grand Junction. At... Read More »
by Steph Mallozzi | Oct 11, 2024 3:30 pm | Financings
Ziegler announced the closing of Convivial St. Petersburg, LLC’s Series 2024 revenue bond anticipation notes. The Series 2024 notes are comprised of $23.4 million of tax-exempt Series 2024A notes sold publicly to institutional investors and a total of $6 million of... Read More »
by Steph Mallozzi | Oct 10, 2024 3:19 pm | Opinion
After Brookdale Senior Living finally topped 80% in month-end occupancy in August, reaching 80.4%, the company reported 80.5% in month-end occupancy for September, indicating weaker momentum going into Q4 compared to prior years. We said improvements would need to be... Read More »
by Steph Mallozzi | Oct 10, 2024 10:37 am | Financings
Live Oak Bank has been actively lending this Fall, so far, announcing three closings in recent weeks. The bank first closed a $13.5 million bridge loan for Bakerson Companies. The bridge-to-agency loan features a three-year initial term and 24 months of interest-only... Read More »
by Steph Mallozzi | Oct 10, 2024 10:35 am | Acquisitions
Evans Senior Investments arranged the sale of a seniors housing community in Maumelle, Arkansas (Little Rock MSA). Built in 2007, Stonehaven Assisted Living comprises 60 assisted living units with both private pay and Medicaid residents. However, over the past year,... Read More »