by Steph Mallozzi | Sep 20, 2024 3:26 pm | Financings
Bayview Pace provided $4.3 million in C-PACE financing for a seniors housing community in the Detroit, Michigan MSA. Hampton Manor-Taylor comprises 65 assisted living and 16 memory care units with 102 total beds. There is extra capacity for shared rooms and/or... Read More »
by Steph Mallozzi | Sep 20, 2024 9:03 am | Acquisitions
JLL closed the sale of a seniors housing community in the Dallas, Texas MSA. The seller was Clearworth Capital, and the buyer was Equity Partnership Holdings. David Austin, Rob Key, Greg Toro and Cole Murphy handled the transaction. Built in 2018, Firewheel Town... Read More »
by Steph Mallozzi | Sep 20, 2024 9:00 am | Financings
CBRE closed a bridge-to-HUD refinance for two seniors housing communities on behalf of a joint venture between Venue Capital LLC and Inspirit Senior Living. Both communities are in Ohio: The Gardens at Cuyahoga Falls features 130 units and 152 beds of assisted living... Read More »
by Steph Mallozzi | Sep 20, 2024 8:59 am | Financings
CIBC Bank USA provided an Iowa owner/operator with $21.0 million in senior secured credit facilities, including an $18.0 million mortgage facility for the refinance of existing indebtedness on three skilled nursing facilities. The performance of the portfolio, which... Read More »
by Steph Mallozzi | Sep 18, 2024 8:45 am | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a personal care community in a highly desirable market in Forsyth County, Georgia. SLIB was engaged to solicit bids on behalf of the court-appointed receiver, GGG Partners. Built in 1997, Country Gardens... Read More »