by Steph Mallozzi | Jan 10, 2025 2:02 pm | Financings
Greystone arranged a $33.7 million debt placement to refinance a portfolio of seniors housing communities in the Pacific Northwest. David Young handled the transaction, working with banks, credit unions and unlevered, A/B tranched, and back-levered debt funds. The... Read More »
by Steph Mallozzi | Jan 10, 2025 2:01 pm | Financings
MONTICELLOAM announced the closing of a $22 million senior secured working capital facility, complementing the firm’s recent $400 million bridge financing for 29 Southeastern skilled nursing facilities. The working capital facility has a three-year initial term and... Read More »
by Steph Mallozzi | Jan 9, 2025 3:17 pm | Acquisitions
Justin Knapp and Nick Stahler of the Knapp-Stahler Group at Marcus & Millichap were engaged in the sale of a portfolio featuring eight dually-certified facilities across northern Missouri. Licensed for skilled nursing and operating as behavioral health centers,... Read More »
by Steph Mallozzi | Jan 9, 2025 3:16 pm | Financings
JLL Capital Markets secured a $344.2 million agency lending for the Brookdale Senior Living Portfolio, comprising 47 senior living communities across 14 states with 5,102 independent living, assisted living and memory care units. The properties range from 42 to over... Read More »
by Steph Mallozzi | Jan 9, 2025 3:13 pm | Acquisitions
Amy Sitzman and Giancarlo Riso of Blueprint facilitated the sale of an East Texas assisted living community, marking Blueprint’s 12th and final Texas closing of 2024. The seller was Pines Senior Living. A purchase agreement was signed just five days after LOI... Read More »