by Steph Mallozzi | Feb 13, 2025 2:55 pm | Financings
MONTICELLOAM announced the financing of a $115 million senior bridge loan for a portfolio of assisted living and memory care communities in Long Island, New York. The portfolio comprises four communities built between 1959 and 1974 with 567 units across 26.21... Read More »
by Steph Mallozzi | Feb 11, 2025 1:53 pm | Acquisitions
Bradley Clousing, Daniel Geraghty and Patrick Burke of Senior Living Investment Brokerage handled the sale of Promise Pointe at Tampa Oaks. The seller was a local developer, and this was its only seniors housing asset. Built in 2018, Promise Pointe is an 108-unit... Read More »
by Steph Mallozzi | Feb 11, 2025 1:52 pm | Acquisitions
Blueprint facilitated the sale of a portfolio of standalone memory care communities in Texas on behalf of a real estate investment firm that predominantly invests in skilled nursing facilities. The three memory care communities, totaling 108 units, featured all... Read More »
by Steph Mallozzi | Feb 11, 2025 1:51 pm | Acquisitions
Meridian Senior Living acquired a seniors housing community in Parker, Colorado, through a joint venture with a state pension fund investor. This transaction represents the 11th acquisition within the partnership and introduces Meridian to the Colorado market.... Read More »
by Steph Mallozzi | Feb 11, 2025 1:50 pm | Financings
Berkadia announced the closing of an $11.35 million refinance with a life insurance company for La Conner Retirement Inn, a seniors housing community in La Conner, Washington. The community, owned by Radiant Senior Living, features 67 independent living and assisted... Read More »