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 »
by Steph Mallozzi | Dec 17, 2024 4:29 pm | Acquisitions
Blueprint represented a not-for-profit client in the divestment of its seniors housing community in Wausau, Wisconsin. Founded in 1980 by the Diocese of La Crosse and acquired by Benedictine in 2012, Benedictine Living Community – Wausau comprises 82 skilled... Read More »
by Steph Mallozzi | Dec 17, 2024 4:27 pm | Financings
Ziegler announced the closing of Series 2024 bonds for Southwest Florida Retirement Center, Inc., a not-for-profit that owns/operates an entrance fee based CCRC, Village on the Isle. Ziegler has served as a strategic partner for the community since the late 1980s.... Read More »