by Steph Mallozzi | Feb 4, 2025 3:15 pm | Financings
Walker & Dunlop arranged $25.9 million in permanent financing for Rivertown Ridge, a seniors housing community in the Grand Rapids, Michigan MSA. Built in 2019, Rivertown comprises 152 independent living, assisted living and memory care units. It is a Class-A... Read More »
by Steph Mallozzi | Jan 31, 2025 11:51 am | Acquisitions
The Walker & Dunlop Seniors Housing team started the year off strong, with two closings in January. W&D first represented a major Georgia-based not-for-profit health system in the divestment of three skilled nursing facilities totaling 448 beds. Despite their... Read More »
by Steph Mallozzi | Jan 31, 2025 11:51 am | Acquisitions
Evans Senior Investments facilitated the sale of The Heritage Assisted Living, an assisted living and memory care community in Hammonton, New Jersey. ESI was engaged by the independent owner and lender of the property and procured six competitive offers from... Read More »
by Steph Mallozzi | Jan 31, 2025 11:50 am | Acquisitions
An international bank engaged Blueprint to oversee the sale of its interest in a 180-bed skilled nursing facility in the Santa Rosa area of Northern California. The mortgage on the facility was in default despite the facility’s strong historical operating performance... Read More »
by Steph Mallozzi | Jan 30, 2025 12:21 pm | Acquisitions
Welltower and NorthStar Healthcare Income announced that NorthStar Healthcare has entered into a definitive merger agreement to be acquired by an affiliate of Welltower, in an all cash transaction with an approximate enterprise value of $900 million, or around... Read More »