by Steph Mallozzi | Dec 26, 2024 2:36 pm | Acquisitions, Financings
CIBC Bank USA provided a $16 million acquisition financing term loan and a $2 million working capital revolving line or credit for a portfolio of skilled nursing facilities in Vermont. Historical performance trended positively over the last year, as the facilities... Read More »
by Steph Mallozzi | Dec 26, 2024 2:35 pm | Financings
CBRE National Senior Housing closed a HUD 232/223(f) refinance for Cordia at Grand Traverse Commons on behalf of a joint venture between Cordia Senior Living and Cypress Partners. CBRE had previously arranged financing for the community in 2017 and 2021. Cordia at... Read More »
by Steph Mallozzi | Dec 26, 2024 2:34 pm | Financings
Ziegler closed a $33.78 million tax-exempt bond issue for Christwood, a Louisiana-based not-for-profit. The Series 2024 bonds were issued through the Louisiana Local Government Environmental Facilities and Community Development Authority and are not rated. Christwood... Read More »
by Steph Mallozzi | Dec 20, 2024 1:22 pm | Acquisitions
The Ensign Group, Inc. has agreed to acquire eight facilities in the states of Alaska, Washington, Oregon and California, subject to the completion of certain regulatory approvals and other closing conditions. This acquisition includes the real estate and operations... Read More »
by Steph Mallozzi | Dec 20, 2024 1:20 pm | Acquisitions
Blueprint was engaged by a Houston-based real estate developer and investment firm to facilitate the sale of a skilled nursing facility in El Paso, Texas. The facility had been leased to a subsidiary of Vibra Healthcare, a national specialty hospital and skilled... Read More »