by Steph Mallozzi | Dec 19, 2024 4:35 pm | Acquisitions
Asbury Communities announced the acquisition of two seniors housing communities in January, bringing its portfolio to 11 communities in four states, including Pennsylvania, Maryland, Delaware and Tennessee, positioning the organization for continued growth. Asbury... Read More »
by Steph Mallozzi | Dec 19, 2024 4:33 pm | Acquisitions
Blueprint was engaged by a private investor group to facilitate the sale of a personal care home in the Pittsburgh suburb of Canonsburg. This property was subdivided and sold separately from Blueprint’s previously announced bankruptcy sale of nine skilled nursing... Read More »
by Steph Mallozzi | Dec 19, 2024 4:33 pm | Financings
MONTICELLOAM closed a $400 million bridge loan for a 29-facility skilled nursing portfolio with over 2,900 beds across Kentucky and Tennessee. A MONTICELLOAM firm affiliate acted as the agent, with Huntington National Bank as joint lead arranger. The borrower was an... Read More »
by Steph Mallozzi | Dec 19, 2024 4:32 pm | Acquisitions, Financings
BMO’s Healthcare Real Estate Finance group announced it closed on a $34 million facility for affiliates of Focus Healthcare Partners to finance the acquisition of Novel Place at Overland Park, a 109,000-square foot, 134-unit independent living community in Overland... Read More »
by Steph Mallozzi | Dec 17, 2024 4:30 pm | Acquisitions
Blueprint was engaged by a public REIT in the sale of a 159-bed skilled nursing facility near downtown Huntsville, Alabama, less than two miles from two prominent hospitals. Recent physical plant upgrades have enhanced the facility’s amenities. The REIT is divesting... Read More »