by Steph Mallozzi | Feb 27, 2025 3:30 pm | Acquisitions
Nick Glaisner of Ziegler facilitated the sale of an assisted living and memory care community in metro Minneapolis on behalf of a not-for-profit organization that serves elderly and disabled people in the Twin Cities. The community has more than 60 beds. The buyer was... Read More »
by Steph Mallozzi | Feb 27, 2025 3:30 pm | Financings
Capital Funding Group closed a $93.8 million bridge-to-HUD loan on behalf of a nationally recognized borrower. The deal supported financing for nine skilled nursing facilities comprising 969 beds in Utah. CFG also provided $11 million in accounts receivable financing... Read More »
by Steph Mallozzi | Feb 27, 2025 3:28 pm | Uncategorized
Grace Management, which currently operates 70 communities in 22 states, announced the promotion of Brian Storey to President, effective March 1. This transition follows the company’s leadership succession plan, as Storey steps into the role previously held by Guy... Read More »
by Steph Mallozzi | Feb 25, 2025 2:50 pm | Acquisitions
Apollo and Bridge Investment Group Holdings have entered into a definitive agreement for Apollo to acquire Bridge in an all-stock transaction with an equity value of approximately $1.5 billion. Bridge has $50 billion of AUM in complementary sectors aligned with... Read More »
by Steph Mallozzi | Feb 25, 2025 2:49 pm | Acquisitions
Solera Senior Living, through a joint venture with Focus Healthcare Partners, acquired a seniors housing community in Bethesda, Maryland, from Brightview Senior Living. Built in 2019, Brightview Bethesda Woodmont comprises 92 assisted living and 21 memory care units.... Read More »