by Steph Mallozzi | Feb 6, 2025 4:00 pm | Financings
Christopher Fenton and Catherine Eby of Colliers Mortgage, in partnership with Health Financing Consultants, closed a $10.4 million HUD loan for the refinance of The Cottages of Perry Hall in Parkville, Maryland. The 64-unit seniors housing community features private... Read More »
by Steph Mallozzi | Feb 6, 2025 3:59 pm | Financings
Forbright Bank closed a $44.2 million HUD loan for a skilled nursing, assisted living and memory care facility in California. The financing, provided under the HUD 232/223(f) program, will support a 318-bed facility in the San Jose area. The loan was closed in... Read More »
by Steph Mallozzi | Feb 4, 2025 3:21 pm | Acquisitions
The Ensign Group, through subsidiaries of Standard Bearer Healthcare REIT, acquired the real estate of five skilled nursing facilities in Texas, plus the operations of one of the facilities in Lubbock. That facility was Mesquite Post Acute Care, a 120-bed skilled... Read More »
by Steph Mallozzi | Feb 4, 2025 3:19 pm | Acquisitions
Jason Punzel, Dave Balow and Brad Goodsell of Senior Living Investment Brokerage facilitated the sale of a seniors housing community in Rochester, New York. Built in 2016, the all-private pay assisted living and memory care community features 78 units on 6.22 acres.... Read More »
by Steph Mallozzi | Feb 4, 2025 3:18 pm | Acquisitions
Daniel Geraghty, Bradley Clousing and Ryan Saul of Senior Living Investment Brokerage facilitated the sale of a seniors housing community in Saline, Michigan. The seller was a large, Michigan-based owner/operator. Built in 2012 and 2016, Linden Square Assisted Living... Read More »