by Steve Monroe | Sep 12, 2018 7:00 am | Acquisitions, Financings
Cambridge Realty Capital Companies arranged $28.4 million in HUD financing for a portfolio of three skilled nursing facilities in Ohio, but the road to closing was more complicated than usual. Located in the towns of Niles and Milan, these facilities were put up for... Read More »
by Steve Monroe | Sep 11, 2018 3:35 pm | Financings
Working on behalf of The Powell Family, an active developer/operator of single family, multifamily, retail/commercial and seniors housing in the Seattle, Washington area, Mark Capeloto and Aron Will of CBRE arranged Freddie Mac financing for their 167-unit senior... Read More »
by Steve Monroe | Sep 7, 2018 7:02 am | Acquisitions
Strawberry Fields REIT entered the state of Arkansas in a big way, acquiring nine skilled nursing facilities in the state from one seller, plus one Kentucky facility from another. Totaling 1,004 beds, the facilities were owned by The Skyline Group, which acquired them... Read More »
by Steve Monroe | Sep 7, 2018 7:01 am | Acquisitions
We just recorded the highest-priced single-asset seniors housing sale in the state of Oregon, in a transaction handled by Blueprint Healthcare Real Estate Advisors’ Dan Mahoney, Jacob Gehl and Blake Bozett. The target is located in Portland and was originally... Read More »
by Steve Monroe | Sep 7, 2018 7:00 am | Acquisitions
CareTrust REIT bought a California senior care campus and brought on a new tenant in its latest transaction. Formerly owned by the Catholic not-for-profit Our Lady of Fatima, the Saratoga campus consists of 85 skilled nursing beds and 37 assisted living units, with... Read More »