by Steve Monroe | Feb 1, 2019 7:02 am | Acquisitions
Blueprint’s next skilled nursing transaction came from out West, in New Mexico, and featured two facilities formerly owned by the largest not-for-profit senior care provider in the country, Sioux Falls, South Dakota-based Evangelical Lutheran Good Samaritan Society,... Read More »
by Steve Monroe | Feb 1, 2019 7:01 am | Developments, Financings
Who says construction is slowing down? It may very well be, but we keep seeing an active market for construction loans. Dekel Capital arranged one of those totaling $38.7 million for a to-be-built assisted living/memory care community in Glendale, California. East... Read More »
by Steve Monroe | Feb 1, 2019 7:00 am | Financings
Having just undergone a renovation and a rebranding, an assisted living/memory care community in Dallas, Texas obtained a first mortgage loan, courtesy of MidCap Financial. The borrower for the $6.25 million floating-rate loan was a joint venture between private... Read More »
by Steve Monroe | Jan 31, 2019 3:29 pm | Financings
Over four years after acquiring a 105-bed skilled nursing facility in Baltimore, Maryland, its owner decided to refinance with the help of Tim Eberhardt and Erik Howard of Capital Funding. Part of a three-property portfolio, this facility was built in 1976 and enjoyed... Read More »
by Steve Monroe | Jan 31, 2019 3:06 pm | Financings
An affordable assisted living community is going up in Mishawaka, Indiana, thanks in large part to a tax-exempt bond issue managed by Cain Brothers. Developed at a cost of approximately $28 million, or $205,900 per unit, the community will feature 55 studios and 81... Read More »