by Steve Monroe | Oct 25, 2018 3:05 pm | Acquisitions
A publicly-traded REIT and national skilled nursing operator tenant divested a geographical outlier in the state of Ohio with the sale of their 30-unit assisted living community for an undisclosed price. Located in the town of Mansfield (about halfway between... Read More »
by Steve Monroe | Oct 24, 2018 7:02 am | 60 Seconds, Opinion
Record NIC attendance hints at continued investor and lender interest in seniors housing and care. It was yet another record crowd at the NIC Conference, which brings up a point I kept on making. If the headwinds are so strong, on many fronts, why are there still so... Read More »
by Steve Monroe | Oct 24, 2018 7:01 am | Financings
The Reliant Group is going green with its latest acquisition in Fresno, California, thanks to financing arranged by Aron Will, Austin Sacco, Andrew Behrens and Jesse Weber of CBRE. Built in 1989 and since then, the target features 200 units of independent living and... Read More »
by Steve Monroe | Oct 24, 2018 7:00 am | Financings
HJ Sims was engaged by Asbury Atlantic, Inc. to refinance two of its CCRCs in Maryland with a combination of taxable and tax-exempt financing. Located in Gaithersburg and Solomons, the two communities were already saddled with higher-rate, tax-exempt bonds and other... Read More »
by Steve Monroe | Oct 23, 2018 4:49 pm | Developments
A unique senior living community is nearing completion in the Chicago suburb of Schaumburg Township, Illinois, under the guidance of active adult developer Aman Living. Designed to appeal to varying cultures, including Indian, Asian and American, this community will... Read More »