by Steph Mallozzi | Jan 30, 2025 12:17 pm | Financings
EBSC Lending provided $23.7 million to refinance a 201-unit seniors housing community in Union City, Georgia. The financing includes a three-year, fixed-rate loan with extension options that replaces the existing construction loan. The community, completed in phases... Read More »
by Steph Mallozzi | Jan 28, 2025 4:01 pm | Acquisitions, Financings
Berkadia completed the sale and financing of a Class-A seniors housing community in Austin, Texas. The independent living, assisted living and memory care community was built in 2016 and expanded in 2019. The community’s occupancy rate exceeded 95% at the time of sale... Read More »
by Steph Mallozzi | Jan 28, 2025 4:00 pm | Acquisitions
JLL Capital Markets completed the $33 million sale of Coronado Ridge Skilled Nursing and Rehabilitation Center (formerly known as Horizon Ridge), a 121-bed/90-unit skilled nursing facility in Henderson, Nevada. The sale represents one of the highest prices per bed for... Read More »
by Steph Mallozzi | Jan 24, 2025 3:17 pm | Financings
Tremper Capital Group announced some recent financing activity, including a $10.5 million loan secured to refinance a recently renovated assisted living and memory care community in the Dallas, Texas MSA. The three-year floating-rate bridge loan with a regional bank... Read More »
by Steph Mallozzi | Jan 24, 2025 3:14 pm | Acquisitions
Jason Punzel, Dave Balow and Brad Goodsell of Senior Living Investment Brokerage facilitated the sale of an assisted living and memory care portfolio in the Long Island region of New York. Built between 1959 and 1974, the portfolio comprises four communities with a... Read More »