by Steph Mallozzi | Aug 29, 2024 3:23 pm | Acquisitions
Chartwell Retirement Residences entered into definitive agreements for acquisitions of three modern retirement residences on Vancouver Island. Together, the communities total 384 units. The aggregate purchase price is US$168.4 million. Built in 2023, Vista... Read More »
by Steph Mallozzi | Aug 29, 2024 2:47 pm | Acquisitions
Berkadia facilitated the sale of a seniors housing community in the Boston, Massachusetts MSA. The seller was Wood Partners, which developed the community. The buyer was an entity linked to BlackRock Realty Advisors. Built in 2022, Alta Oxbow is a recently... Read More »
by Steph Mallozzi | Aug 28, 2024 9:20 am | Financings
JLL Capital Markets secured $115 million in bridge financing for a seniors housing portfolio on behalf of Chicago Pacific Founders and Grand Park Capital. The refinance consists of a three-year, non-recourse loan, secured through Ally Bank to take out existing debt.... Read More »
by Steph Mallozzi | Aug 28, 2024 9:17 am | Acquisitions
Chad Wegner of Senior Care Realty experienced a busy July, closing four separate transactions involving several seniors housing assets. First, Wegner facilitated the sale of an assisted living portfolio comprising three communities. The seller was a mom & pop with... Read More »
by Steph Mallozzi | Aug 28, 2024 9:16 am | Acquisitions
Blueprint facilitated the sale of a CCRC in Grand Rapids, Michigan, on behalf of not-for-profit Samaritas. Following 50 years of providing senior care services, Samaritas has a renewed focus on creating a holistic service experience through four core areas of impact,... Read More »