by Steve Monroe | Sep 15, 2017 7:00 am | Financings
Monticello Asset Management had a productive summer, hiring three experienced professionals to its staff. First off, Steven Caligor will be joining the firm as a Senior Managing Director in charge of product development, expanding banking relationships and assisting... Read More »
by Steve Monroe | Sep 14, 2017 8:23 pm | Acquisitions, Financings
Affinity Living Group recently purchased a 78-unit assisted living/memory care community in Winter Park, Florida (Orlando MSA), with the help of some extra funding arranged by HJ Sims. Sims utilized its HUD Plus program to arrange a $3 million subordinate loan, which... Read More »
by Steve Monroe | Sep 13, 2017 7:03 am | 60 Seconds, Opinion
As healthcare REITs get ready to invest in 2018, it will be important for owners to know whether to go the traditional sale/leaseback route, or the newer RIDEA structure. Many of you have noticed that the volume of healthcare REIT financing has been lower the past... Read More »
by Steve Monroe | Sep 13, 2017 7:02 am | Acquisitions
Last week we reported on the sale of a CCRC in North Carolina where Cushman & Wakefield represented the seller. Now, the C&W Boston office has closed on two additional senior living properties in high-value transactions. The first one involved the sale of a... Read More »
by Steve Monroe | Sep 13, 2017 7:01 am | Acquisitions
Mozart Healthcare is on the move in the Old Northwest. Last month, the company acquired a 145-unit mid-rise independent living community last month in Allen Park, Michigan (Detroit MSA), in a transaction led by Ben Firestone and Michael Segal of Blueprint Healthcare... Read More »