by Steph Mallozzi | May 2, 2025 3:39 pm | Acquisitions, Financings
BWE, together with Blueprint Capital Markets, closed two loans totaling $17.82 million to provide financing for the acquisition of two Class-A memory care communities: Windsong at Southridge ($10.42 million) and Windsong at Eola Hills ($7.4 million). Lundat Kassa of... Read More »
by Steph Mallozzi | May 1, 2025 4:08 pm | Acquisitions
In its first quarter earnings release, Welltower revealed that it acquired a portfolio comprising 48 skilled nursing facilities for nearly $1 billion. The price consisted of $750.83 million of cash consideration and $240.01 million of common stock consideration,... Read More »
by Steph Mallozzi | Apr 29, 2025 3:19 pm | Financings
Last month, Capital Funding Group closed a $53.4 million bridge-to-HUD loan, providing interim financing to facilitate the refinancing of a maturing loan supporting two skilled nursing facilities and one assisted living community in Victorville, California. CFG... Read More »
by Steph Mallozzi | Apr 29, 2025 3:18 pm | Acquisitions, Financings
Greystone provided $41 million in bridge financing to Oxford Capital Group for the acquisition of six assisted living communities totaling 372 beds in Minnesota. The financing was originated by Christopher Clare with assistance from David Young, Ryan Harkins, Ben... Read More »
by Steph Mallozzi | Apr 25, 2025 3:18 pm | Acquisitions
Chad Wegner of Senior Care Realty facilitated the sale of a RCAC in Northeast Wisconsin on behalf of a long-term operator. The RCAC had been family owned/operated since inception, and the seller decided to pass the torch and enter retirement. Purpose built in 2014 and... Read More »