by Steph Mallozzi | Aug 1, 2024 3:27 pm | Acquisitions
Green Courte Partners, a private equity real estate investment firm, announced that its fifth investment fund, Green Courte Real Estate Partners V, and its affiliates acquired Chesapeake Bay, an active adult community with 348 apartments and cottages in Seabrook,... Read More »
by Steph Mallozzi | Aug 1, 2024 3:26 pm | Acquisitions, Financings
Capital Funding Group closed $17.27 million in bridge-to-HUD financing for the acquisition of three skilled nursing facilities in Massachusetts. In total, the portfolio comprises 322 beds. Closing occurred on June 28, less than 60 days from receipt of the signed term... Read More »
by Steph Mallozzi | Jul 31, 2024 8:17 am | Acquisitions
Prime Healthcare has entered into an asset purchase agreement with Ascension for the sale of four senior living facilities (as well as nine hospitals) in Illinois. Upon completion, this acquisition will be the largest in the history of Prime Healthcare and the Prime... Read More »
by Steph Mallozzi | Jul 31, 2024 8:15 am | Acquisitions
Evans Senior Investments facilitated the sale of a three-property portfolio in western Ohio on behalf of Mariner Management Group, an owner/operator that is seeking an exit from the industry. Built in stages between 1990 and 2013, the three campuses comprise 317... Read More »
by Steph Mallozzi | Jul 31, 2024 8:06 am | Financings
Ziegler announced the closing of the Series 2024A/B bonds on behalf of Shell Point Retirement Community. The not-for-profit organization Christian and Missionary Alliance Foundations is doing business as Shell Point Retirement Community. Shell Point currently... Read More »