by Steph Mallozzi | Jun 10, 2025 3:45 pm | Financings
Greystone provided a $26 million bridge loan for the acquisition of a skilled nursing facility in California. The loan includes a 15-month term with a 12-month extension option at a floating rate and is full-term interest-only. Greystone intends to lead the borrower... Read More »
by Steph Mallozzi | Jun 6, 2025 3:22 pm | Financings
Ziegler announced the closing of Immanuel Living at Buffalo Hill’s $50.88 million Series 2025ABC bonds through the City of Kalispell, Montana. The Montana not-for-profit operates a senior care community in Kalispell, Montana, that is located on a 13-acre campus with... Read More »
by Steph Mallozzi | Jun 5, 2025 4:26 pm | Acquisitions
Senior Living Investment Brokerage was engaged by a Minneapolis-based, repeat client in the disposition of its last assisted living community that is in “very good condition.” The seller is divesting to focus on its remaining active adult and multifamily portfolio.... Read More »
by Steph Mallozzi | Jun 5, 2025 4:25 pm | Uncategorized
A year ago, LaVie Care Centers filed for Chapter 11 bankruptcy for the second time since 2021. The company cited a financial restructuring designed to improve its capital structure and position it for long-term success as the reason for filing. At the time, the... Read More »
by Steph Mallozzi | Jun 5, 2025 4:24 pm | Acquisitions
Invesque announced that it completed the previously announced sale of 20 seniors housing communities managed by Commonwealth Senior Living, together with its majority ownership stake in Commonwealth. Proceeds from the transaction were used to repay all property-level... Read More »