by Steph Mallozzi | Jun 21, 2024 3:25 pm | Acquisitions
Berkadia Seniors Housing & Healthcare facilitated the sale of three assisted living and memory care communities. Of the three, two are in South Carolina and the other is in Virginia. Mike Garbers, Cody Tremper, Dave Fasano and Ross Sanders handled both... Read More »
by Steph Mallozzi | Jun 21, 2024 3:15 pm | Financings
IDB Bank served as the administrative agent on a $201.5 million bridge-to-HUD loan to refinance existing debt for a national portfolio of 21 skilled nursing facilities in North Carolina, Michigan, Georgia and Texas. The facilities comprise 2,500 beds, have decent... Read More »
by Steph Mallozzi | Jun 21, 2024 3:14 pm | Acquisitions
National Church Residences expanded its Ohio portfolio through the acquisition of two affordable seniors housing communities. Both properties were purchased from Maple Knoll Communities and are in Cincinnati, Ohio. With these recent acquisitions, National Church... Read More »
by Steph Mallozzi | Jun 20, 2024 2:32 pm | Acquisitions, Financings
New Perspective Senior Living, a fast-growing senior living company with 40 communities across eight states, secured more than $200 million in bridge debt, preferred equity and common equity with its partners, BMO Commercial Real Estate, Fengate and Boldt, to... Read More »
by Steph Mallozzi | Jun 20, 2024 2:31 pm | Acquisitions, Financings
Helios Healthcare Advisors was engaged by a Mississippi-based regional owner/operator in its sale of an assisted living and memory care community in Alabama. The seller, Veritas InCare, was divesting to exit the industry. The selected buyer was a local owner/operator.... Read More »