by Steph Mallozzi | Jul 25, 2025 3:22 pm | Financings
The Newmark Seniors Housing Team handled a $180 million construction financing and equity raise for Nexus Development’s newest community, Vivante at Turtle Creek. Financing was secured through Beal Bank, and the equity was raised from private investors in multiple... Read More »
by Steph Mallozzi | Jul 25, 2025 3:20 pm | Acquisitions, Financings
MONTICELLOAM funded a $217 million floating-rate senior bridge loan for a skilled nursing portfolio. The financing carries a 36-month term and supports the sponsor, a repeat client. The loan supports the acquisition and refinance of this portfolio, which comprises... Read More »
by Steph Mallozzi | Jul 25, 2025 3:19 pm | Financings
MassDevelopment, Massachusetts’ development finance agency and land bank, issued $134.85 million of tax-exempt bonds on behalf of Lasell Village Inc., a not-for-profit corporation that was formed to establish and operate Lasell Village, an educational CCRC. Lasell... Read More »
by Steph Mallozzi | Jul 25, 2025 8:32 am | Financings
Tremper Capital Group, which takes a team-based approach to its transactions, closed a $27.5 million floating rate refinance for a Class-A, 91-unit assisted living and memory care community with strong, stabilized performance. The non-recourse loan featured a... Read More »
by Steph Mallozzi | Jul 25, 2025 8:25 am | Acquisitions
An institutional real estate investment and development firm engaged Blueprint to conduct a risk/reward analysis of making capital improvements versus divesting its seniors housing community in Richmond, Virginia. Built in 1999, the 99-unit distressed assisted living... Read More »