by Steve Monroe | Jun 21, 2019 7:02 am | Acquisitions
BPM Real Estate sold its entire portfolio of high-quality seniors housing communities in the western United States, and the assisted living industry saw off one of its early pioneers, Walter Bowen. After more than 30 years in assisted living, the real estate investor... Read More »
by Steve Monroe | Jun 21, 2019 7:01 am | Financings
Five years on from its acquisition of an 83-unit senior living community in Tustin, California, Capitol Seniors Housing is refinancing the property with a $15 million loan secured by Aron Will, Austin Sacco and Adam Mincberg of CBRE National Senior Housing. Originally... Read More »
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 »