by Steph Mallozzi | Jul 12, 2024 11:01 am | Acquisitions
Sherman & Roylance handled the sale of a seniors housing community in California. The assisted living/memory care community is in Whittier and comprises 18 units with 32 beds. The seller was a long-standing family owner/operator, and the buyer was a local RCFE... Read More »
by Steph Mallozzi | Jul 12, 2024 11:00 am | Uncategorized
JLL hired Senior Director Will Childs and Director Brian Spillers to focus on seniors housing and healthcare properties within its alternatives group, led by Executive Managing Director Bryan Lockard. Childs will focus on providing specialized seniors housing... Read More »
by Steph Mallozzi | Jul 11, 2024 11:26 am | Acquisitions
The Zett Group was engaged by an owner/operator in the divestment of a seniors housing community it had owned for 33 years in Central Washington. The community comprises 60 units of assisted living and memory care. The buyer was an owner/operator based out of... Read More »
by Steph Mallozzi | Jul 11, 2024 11:25 am | Acquisitions
JLL arranged the sale of two seniors housing communities in the Detroit, Michigan MSA. JLL represented the seller and procured the joint venture buyer, spearheaded by MedCore Partners. American House Senior Living Communities assumed management of both... Read More »
by Steph Mallozzi | Jul 11, 2024 11:24 am | Financings
Pace Loan Group closed a $7.1 million PACE loan on a 134-unit new construction, market-rate senior living community in St. Francis, Minnesota. The 20-year loan complements a $30 million qualified tax-exempt loan on the project using Series 2023A bonds with Sunrise... Read More »