by Steve Monroe | Jan 19, 2018 7:03 am | Opinion
On January 18, 2018, we hosted a webinar titled “Seniors Housing Construction and Take-Out Financing: Slowing Down or Just Getting Started?” Our editor, Steve Monroe, moderated a 90-minute discussion among panelists Chris Fenton of Berkadia, Rich Malloy of BBVA... Read More »
by Steve Monroe | Jan 19, 2018 7:02 am | Acquisitions, Financings
Lawrence “Lory” Brin of MidCap Financial recently helped facilitate Artemis Real Estate Partners and Allegro Senior Living’s acquisition of three Atlanta-area assisted living communities by arranging an $18.25 million loan. The floating rate first mortgage will also... Read More »
by Steve Monroe | Jan 19, 2018 7:01 am | Developments
Solvere Senior Living is following up on a busy 2017 with a new 195-unit seniors housing development in Hamilton Township, New Jersey, at a cost of nearly $60 million, or just over $300,000 per unit. Opening next month, the community will feature 96 independent... Read More »
by Steve Monroe | Jan 19, 2018 7:00 am | Acquisitions
National Health Investors added another Texas skilled nursing facility to its portfolio with the purchase of a 121-bed facility in Waxahachie for $14.4 million, or about $119,000 per bed. The acquisition is the second of four that NHI had previously committed to and... Read More »
by Steve Monroe | Jan 18, 2018 3:18 pm | Financings
A 112-bed skilled nursing facility in Niskayuna, New York (near Schenectady) will have the funds to upgrade its services and amenities thanks to a $27.05 million HUD refinance arranged by Fred Levine of Greystone. Current amenities already include an on-site salon,... Read More »