by Steve Monroe | Jan 25, 2018 2:12 pm | Developments, Financings
Many have extolled the advantages of senior care communities partnering with universities. Through collaborative programming, the relationship helps keep seniors engaged with other generations, and students in turn can benefit from the residents’ years of wisdom and... Read More »
by Steve Monroe | Jan 24, 2018 7:02 am | 60 Seconds, Opinion
Ventas has officially transitioned management of its Elmcroft portfolio to newly-formed Eclipse Senior Living. It is now official. The operations of the Elmcroft Senior Living portfolio of 76 properties, with the real estate owned by Ventas, has officially been... Read More »
by Steve Monroe | Jan 24, 2018 7:01 am | Acquisitions, Financings
CBRE had their hands full in a large Dallas-area CCRC sale, representing one of the selling entities and the buyer in the transaction, in addition to arranging a two-part acquisition financing totaling over $120 million. Totaling 1,104 rental units, which is separated... Read More »
by Steve Monroe | Jan 24, 2018 7:00 am | Acquisitions, Financings
Meridian Capital Group made news this month, closing nearly $200 million in financings in three separate transactions. The largest, by far, was a $136 million acquisition loan that financed the purchase of 10 skilled nursing facilities located throughout Ohio. A... Read More »
by Steve Monroe | Jan 23, 2018 4:19 pm | Acquisitions, Financings
CIT’s Healthcare Finance business closed on a $136.9 million senior secured credit facility on behalf of CommuniCare Health Services. An active skilled nursing facility acquirer in recent years, with large portfolio purchases in Maryland, Ohio, West Virginia and... Read More »