by Steph Mallozzi | Jul 22, 2024 8:28 am | Acquisitions
Coldwell Banker Commercial West was engaged by a local mom & pop in the divestment of an active adult community in Huntington Park, California. The community is under a building covenant that mandates it be used as 55+ housing with 20% of units rented to... Read More »
by Steph Mallozzi | Jul 19, 2024 3:42 pm | Acquisitions
Blueprint was engaged by a nationally recognized institutional private equity firm in its divestment of a skilled nursing facility in Philadelphia, Pennsylvania. Built in the early 2000s with significant renovations in 2022, the facility is certified by CMS for... Read More »
by Steph Mallozzi | Jul 19, 2024 3:40 pm | Uncategorized
Grace Management announced the addition of three seniors housing communities to its management portfolio. The communities include The Pointe at Meridian, Snow Canyon Retirement Community, and Cave Creek Assisted Living. Each will continue to be owned by Gold Stream... Read More »
by Steph Mallozzi | Jul 19, 2024 9:34 am | Uncategorized
Midwest Christian Villages, dba Christian Horizons, and its related companies filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Christian Horizons is one of the nation’s largest not-for-profit, faith-based organizations... Read More »
by Steph Mallozzi | Jul 19, 2024 9:32 am | Acquisitions, Financings
Berkadia was engaged by a publicly traded REIT in its divestment of an 85-unit assisted living/memory care community in Alpharetta, Georgia. The property, part of a three-property portfolio, was purchased by a regional owner/operator. The first two properties in the... Read More »