by Steph Mallozzi | Mar 3, 2025 8:24 am | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a newly built seniors housing community in Springfield, Missouri. Built in 2021 and leased up quickly across all three acuity levels, Springhouse Village comprises 37 independent living, 62 assisted living and... Read More »
by Steph Mallozzi | Mar 3, 2025 8:23 am | Financings
Berkadia arranged $14.6 million in bridge financing for an assisted living community in New Port Richey, Florida. Managing Directors Ed Williams and Rafael Nobo of Berkadia Seniors Housing & Healthcare secured financing for a Florida-based sponsor and first-time... Read More »
by Steph Mallozzi | Feb 27, 2025 3:30 pm | Acquisitions
Nick Glaisner of Ziegler facilitated the sale of an assisted living and memory care community in metro Minneapolis on behalf of a not-for-profit organization that serves elderly and disabled people in the Twin Cities. The community has more than 60 beds. The buyer was... Read More »
by Steph Mallozzi | Feb 27, 2025 3:30 pm | Financings
Capital Funding Group closed a $93.8 million bridge-to-HUD loan on behalf of a nationally recognized borrower. The deal supported financing for nine skilled nursing facilities comprising 969 beds in Utah. CFG also provided $11 million in accounts receivable financing... Read More »
by Steph Mallozzi | Feb 27, 2025 3:28 pm | Uncategorized
Grace Management, which currently operates 70 communities in 22 states, announced the promotion of Brian Storey to President, effective March 1. This transition follows the company’s leadership succession plan, as Storey steps into the role previously held by Guy... Read More »