by Steph Mallozzi | Apr 10, 2025 2:42 pm | Acquisitions
Alta Senior Living has expanded its portfolio with the acquisition of a seniors housing community in Sacramento, California, through a joint venture with its capital partner, Brasa Capital Management. Built in 2017, The Village at Heritage Park features 162 total... Read More »
by Steph Mallozzi | Apr 10, 2025 2:42 pm | Acquisitions
Lee & Associates’ Senior Housing team, led by Robert Black, was engaged by Sugar Creek Capital, which specializes in tax credit investments nationwide, in its divestment of an outlier asset. Built in 1985 with a renovation and expansion of 48 units in 2016,... Read More »
by Steph Mallozzi | Apr 10, 2025 2:39 pm | Financings
Berkadia’s Jay Healy and Andrew Lanzaro closed a $102 million bridge loan in partnership with Live Oak Bank for a Class-A seniors housing community in Vancouver, Washington. The loan was structured in an A/B arrangement, with Berkadia funding the subordinate debt, and... Read More »
by Steph Mallozzi | Apr 10, 2025 2:38 pm | Acquisitions
Evans Senior Investments represented Monroe County in the divestment of its skilled nursing facility in Stroudsburg, Pennsylvania. Built in 1924 and incorporated by the County of Monroe in 1974, Pleasant Valley Manor has 174 beds and faced operational challenges with... Read More »
by Steph Mallozzi | Apr 9, 2025 8:46 am | 60 Seconds
As the healthcare industry braces for whatever impacts tariffs may have on operations, an impossible task to predict accurately given the flux on that matter, providers also are welcoming a new head of CMS, Dr. Mehmet Oz, who was confirmed by the Senate last week.... Read More »