by Steph Mallozzi | Jun 16, 2025 9:09 am | Financings
Diversified Healthcare Trust announced the closing of a new $150 million secured revolving credit facility. The facility is secured by 14 seniors housing communities with 2,632 living units managed by Five Star Senior Living, the operating division of AlerisLife Inc.... Read More »
by Steph Mallozzi | Jun 12, 2025 2:17 pm | Financings
MonticelloAM, along with a firm affiliate, closed $28 million in bridge financing for two seniors housing properties in Wisconsin. Karina Davydov originated the transaction through the firm’s bridge lending platform. The floating-rate senior bridge loan has a 24-month... Read More »
by Steph Mallozzi | Jun 10, 2025 3:47 pm | Acquisitions
Sonida Senior Living acquired two seniors housing communities through separate transactions. In May, Sonida acquired a memory care community in Tarpon Springs, Florida. It was built in 2017 and features 64 units. This community complements Sonida’s recently acquired... Read More »
by Steph Mallozzi | Jun 10, 2025 3:45 pm | Financings
Greystone provided a $26 million bridge loan for the acquisition of a skilled nursing facility in California. The loan includes a 15-month term with a 12-month extension option at a floating rate and is full-term interest-only. Greystone intends to lead the borrower... Read More »
by Steph Mallozzi | Jun 6, 2025 3:22 pm | Financings
Ziegler announced the closing of Immanuel Living at Buffalo Hill’s $50.88 million Series 2025ABC bonds through the City of Kalispell, Montana. The Montana not-for-profit operates a senior care community in Kalispell, Montana, that is located on a 13-acre campus with... Read More »