by Steve Monroe | Jun 21, 2019 7:00 am | Financings
New Jersey-based The Portopiccolo Group has expanded its skilled nursing holdings in the Southeast and entered the North Carolina market with its latest acquisition. The target is located in the western part of the state in Hendersonville and features 134 licensed... Read More »
by Steve Monroe | Jun 20, 2019 3:24 pm | Financings
Lancaster Pollard Mortgage Company closed two agency refinances of newly built senior care properties, retiring existing construction debt in both transactions. The first was arranged for a 106-bed skilled nursing facility in Warner Robins, Georgia that was built in... Read More »
by Steve Monroe | Jun 20, 2019 3:21 pm | Developments, Financings
A new assisted living/memory care community is being built in Oshkosh, Wisconsin thanks to a construction loan provided by National Health Investors. Totaling 66 beds, this development will be managed by 41 Management upon completion in about a year. 41 Management has... Read More »
by Steve Monroe | Jun 19, 2019 7:03 am | 60 Seconds, Opinion
The annual Senior Living Innovation Forum kicks off this weekend, and it is a great meeting to talk openly about how we can do things differently, and better, to both survive and thrive. I am heading out to the annual Senior Living Innovation Forum this weekend, and I... Read More »
by Steve Monroe | Jun 19, 2019 7:02 am | Financings
Brookdale Senior Living continues to make moves that put the company on surer financial footing, having just refinanced existing debt with a $111.1 million Freddie Mac loan arranged by Monique Bimler of KeyBank Real Estate Capital. Secured in two tranches of 14... Read More »