by Steph Mallozzi | Dec 31, 2024 1:11 pm | Financings
VIUM Capital recorded its highest revenue producing year in the firm’s young history, closing 56 transactions totaling nearly $900 million in par in 2024. The financings varied from bridge to permanent debt (both taxable and tax-exempt) and funded 82 separate... Read More »
by Steph Mallozzi | Dec 31, 2024 1:10 pm | Acquisitions
Bradley Clousing and Daniel Geraghty of Senior Living Investment Brokerage were engaged to confidentially sell a senior living community in Maitland, Florida. The community comprises Savannah Court, which offers 102 units of assisted living, and Savannah Cove, which... Read More »
by Steph Mallozzi | Dec 27, 2024 3:11 pm | Acquisitions
Strawberry Fields REIT entered into a purchase and sale agreement with an unaffiliated seller for six senior care properties in Kansas. The purchase price is $24 million, or $68,000 per bed, payable at closing. The six properties include five skilled nursing... Read More »
by Steph Mallozzi | Dec 26, 2024 2:38 pm | Acquisitions
Senior Care Realty was engaged by a mom & pop in their divestment of a seniors housing community in the Kansas City, Missouri MSA. This was their only long-term care property and they are selling to enter retirement. Built in 1995 in several stages by the seller,... Read More »
by Steph Mallozzi | Dec 26, 2024 2:36 pm | Acquisitions, Financings
CIBC Bank USA provided a $16 million acquisition financing term loan and a $2 million working capital revolving line or credit for a portfolio of skilled nursing facilities in Vermont. Historical performance trended positively over the last year, as the facilities... Read More »