by Steve Monroe | May 10, 2019 1:28 pm | Financings
A new assisted living community will open in New Smyrna Beach, Florida, thanks to a $16.3 million HUD loan secured by Ken Charbauski of Love Funding. Located at the site of the former Alba Court Inn Hotel, which was built in 1895 and demolished in 2010, the community... Read More »
by Steve Monroe | May 10, 2019 7:01 am | Acquisitions
Cascade Capital Group announced a few large transactions totaling 15 skilled nursing and assisted living facilities with more than 1,550 licensed beds for a combined purchase price of $130 million. In one of the transactions, Cascade purchased eight skilled nursing... Read More »
by Steve Monroe | May 10, 2019 7:00 am | Acquisitions
The Tampa team of Cushman & Wakefield including Allen McMurtry, Paul Carr and David Kliewer represented the seller of a 228-unit CCRC that filed for bankruptcy protection earlier this year. Developed in 2011 with three interconnected buildings that feature 125... Read More »
by Steve Monroe | May 10, 2019 7:00 am | Opinion
Continuing Steve’s Fireside Chat series, he asks are operators really managing their sales and marketing staff to get the most from them? A more hands-on approach from their Executive Directors and corporate management may... Read More »
by Steve Monroe | May 9, 2019 4:34 pm | Financings
DiNapoli Capital Partners has refinanced five of its California senior living properties, thanks to a structured ARM loan originated by Andrew Behrens, Aron Will, Austin Sacco and Adam Mincberg of CBRE. All acquired individually over the last four years, these... Read More »