by Steph Mallozzi | Jul 26, 2024 8:31 am | Acquisitions
Evans Senior Investments was engaged by a not-for-profit organization in its divestment of the real estate of a skilled nursing facility in Indiana, Pennsylvania. After the not-for-profit defaulted on its existing bond debt, ESI was brought on to market the property... Read More »
by Steph Mallozzi | Jul 26, 2024 8:29 am | Financings
Lument secured two separate Freddie Mac loans for Carlton Senior Living, one of Northern California’s largest seniors housing providers with 11 independent living, assisted living and memory care communities in operation. The loans total $38.8 million and were secured... Read More »
by Steph Mallozzi | Jul 24, 2024 9:13 am | Acquisitions
Atlas Senior Living and Salta Capital acquired three stabilized seniors housing communities with healthy cash flow in the Orlando, Florida MSA, including Madison at Clermont, Madison at Ocoee and Madison at Oviedo. According to The Business Journals, the seller was... Read More »
by Steph Mallozzi | Jul 23, 2024 3:59 pm | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a cash-flowing seniors housing community in Las Vegas, Nevada. The seller, a private equity firm, is divesting to exit its fund and the seniors housing industry. The purchase price was $9.5 million, or $77,900... Read More »
by Steph Mallozzi | Jul 23, 2024 3:57 pm | Acquisitions
National Church Residences acquired a 99-year ground lease interest on an affordable seniors housing community in Atlanta, Georgia. This acquisition expands NCR’s affordable seniors housing portfolio to 17 communities in the Atlanta metro area, making it the second... Read More »