by Steph Mallozzi | Jul 3, 2024 2:32 pm | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a distressed senior care community in Houston, Texas. The seller was a regional owner/operator exiting the community due to operational challenges over the past few years. Vince Viverito, Matt Alley, Jason... Read More »
by Steph Mallozzi | Jul 3, 2024 8:26 am | Acquisitions
Senior Living Investment Brokerage facilitated the sale of a skilled nursing facility in Longview, Texas. The seller was a Texas-based partnership divesting its only senior care asset. The building’s management company exited the operations three months prior to... Read More »
by Steph Mallozzi | Jul 3, 2024 8:21 am | Financings
CBRE secured bridge financing for four seniors housing communities on behalf of CPF Living Communities, which has 51 communities under ownership, totaling 6,537 units across 18 states. The communities are currently managed by Grace Management, CPF’s wholly owned... Read More »
by Steph Mallozzi | Jul 1, 2024 8:22 am | Acquisitions
The not-for-profit Pinnacle living is adding two seniors housing communities in Henrico, Virginia, to its portfolio. The previous operator was Spring Arbor Senior Living. Spring Arbor of Richmond has 90 assisted living and memory care units. Spring Arbor Cottages of... Read More »
by Steph Mallozzi | Jun 27, 2024 3:16 pm | Financings
Greystone provided a $29.4 million HUD loan to refinance a skilled nursing facility in Tucson, Arizona. The permanent loan carries a 35-year term and amortization. Sandstone of Tucson Rehab Centre in Pima County comprises 240 beds in 127 units, with 43 private and 84... Read More »