by Steve Monroe | Sep 21, 2017 7:41 pm | Developments, Financings
Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance Group announced its latest closing, facilitating a $14.5 million first mortgage for a 163-unit seniors housing community in Kansas City, Missouri. An insurance company provided the loan, which... Read More »
by Steve Monroe | Sep 20, 2017 2:29 pm | 60 Seconds, Opinion
Eight horrible deaths in one skilled nursing facility should not result in new regulations. By now we have all heard about the disaster at the skilled nursing facility in Hollywood, Florida where eight residents died from the heat during Hurricane Irma. It never... Read More »
by Steve Monroe | Sep 20, 2017 2:28 pm | Acquisitions, Opinion
Sabra Health Care REIT has entered into an agreement to invest in a 49% interest in a joint venture that will own 183 senior living properties operated by Enlivant with the remaining 51% held by TPG Real Estate, which currently owns 100%. They have valued the... Read More »
by Steve Monroe | Sep 20, 2017 2:24 pm | Acquisitions
Joint venture partners Harrison Street Real Estate Capital, REDICO and American House Senior Living Communities clearly eyed potential at a newly built independent living community in Wildwood, Florida (near The Villages). Built in 2013, the community features 173... Read More »
by Steve Monroe | Sep 20, 2017 2:22 pm | Financings
Three years after acquiring a 40-unit Georgia assisted living community in receivership, Gryphon Senior Living Group is refinancing it through HUD. Built in 2000 as a licensed personal care facility in the town of Union City, an Atlanta suburb, this community features... Read More »