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 »
by Steve Monroe | Jun 19, 2019 7:01 am | Financings
Regions Bank Healthcare Real Estate Group assisted a joint venture in obtaining acquisition financing for their purchase of two assisted living communities in the St. Louis MSA. Built in 2000 and 2006, these two Illinois communities featured a combined 135 assisted... Read More »
by Steve Monroe | Jun 19, 2019 7:00 am | Acquisitions
Two skilled nursing facilities that are struggling with census sold in rural Minnesota thanks to Ray Giannini of Marcus & Millichap. Featuring 80 skilled nursing and 10 assisted living beds at one location in Eveleth, and 83 skilled nursing beds in the town of... Read More »
by Steve Monroe | Jun 18, 2019 2:55 pm | Acquisitions
After expanding its Chico, California senior living community a couple of years ago, Westmont Living refinanced the new development with a Freddie Mac loan arranged by Andrew Behrens, Aron Will, Austin Sacco and Adam Mincberg of CBRE. Set next to a lake within a... Read More »