by Steph Mallozzi | Mar 28, 2025 12:41 pm | Acquisitions
Ernie Anaya of Bull Realty handled the sale of a seniors housing community in Cartersville, Georgia. Built in 2021 on 8.83 acres, Tiger Lily Estates is an assisted living and memory care community that features 48 units across five buildings with 38,339 total square... Read More »
by Steph Mallozzi | Mar 28, 2025 12:40 pm | Acquisitions
Elevation Financial Group announced the acquisition by Elevation Real Property Fund VIII of Reunion Court of Kingwood in Houston, Texas. The asset was acquired for $7.25 million, or $38,000 per unit. Built in 2000, Reunion Court of Kingwood comprises 120 independent... Read More »
by Steph Mallozzi | Mar 28, 2025 12:39 pm | Financings
BMO’s Healthcare Real Estate Finance group announced that it closed on a $58 million term loan with IRA Capital related to a 252-unit seniors housing community in Lynnwood, Washington. The property consists of independent living, assisted living and memory care units.... Read More »
by Steph Mallozzi | Mar 28, 2025 12:38 pm | Financings
SLR Healthcare ABL provided an $8 million asset-based revolving credit facility to a Midwest based senior living operator. The operator manages more than 30 skilled nursing facilities across multiple states. Proceeds of the credit facility were used to refinance... Read More »
by Steph Mallozzi | Mar 27, 2025 3:10 pm | Acquisitions
Matthew Alley and Brad Goodsell of Senior Living Investment Brokerage were engaged by a local partnership in its divestment of its only seniors housing asset. The buyer was a local family-owned company that intends to take advantage of the strong cash flow of the... Read More »