by Steve Monroe | Jun 26, 2019 7:02 am | 60 Seconds
Three experts chimed in about what the future holds for skilled nursing, and while headwinds persist, they were all positive on the sector. I have been remiss in not talking about the excellent webinar you may have missed (link here) on June 13 about investing in the... Read More »
by Steve Monroe | Jun 26, 2019 7:01 am | Acquisitions
Closing his second senior living transaction in Savannah this year, Brad Clousing of Senior Living Investment Brokerage sold a large senior living community located just 10 minutes away from the historic center downtown. Built in 1986 and 1998, the 209-unit community... Read More »
by Steve Monroe | Jun 26, 2019 7:00 am | Financings
Shortly after its founding earlier this year by Greystone-alum Scott Kavel, Creativcap showed off some impressive variety in its three latest transactions, helping close a life company loan, a mezzanine loan and bridge financing. First, Creativcap was the exclusive... Read More »
by Steve Monroe | Jun 25, 2019 1:02 pm | Acquisitions
Joe Shallow, Vice President of Prestige Group, represented a Midwest not-for-profit health system in its disposition of a 92-bed skilled nursing facility in Aledo, Illinois (Quad City area) to a private, for-profit owner, which Mr. Shallow sourced as well. Genesis... Read More »
by Steve Monroe | Jun 25, 2019 12:54 pm | Financings
A not-for-profit CCRC in Lakeland, Florida is now able to further its mission and strategic plans thanks to $32.8 million in bond financing placed by Ziegler. Approximately $18 million of the community’s outstanding Series 2008 bonds had become callable, and the... Read More »