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 »
by Steph Mallozzi | Oct 3, 2024 3:17 pm | Acquisitions
Senwell Senior Investment Advisors handled the divestment of 112-bed skilled nursing facility Memorial Gables, which is in Union County, Ohio, and was built in 2001. The facility was owned by Union County and operated as part of the Memorial Health system. The buyer... Read More »