by Steve Monroe | Sep 9, 2022 9:42 am | Acquisitions, Financings
MidCap Financial recently closed a $37.8 million floating rate first mortgage that funded the purchase of a 223-uint retirement community. Located in ChampionsGate, Florida, near Orlando, the community has 114 independent living units, 73 assisted living units and 36... Read More »
by Steve Monroe | Sep 9, 2022 9:40 am | Uncategorized
Ryan Saul of Senior Living Investment Brokerage handled the sale of a 32-unit assisted livingand memory care community located in Westfield, Wisconsin, which is 50 miles north ofMadison. The community sits on 3.1 acres and consists of 22 assisted living units and... Read More »
by Steve Monroe | Aug 31, 2022 10:13 am | 60 Seconds
We learned two days ago that our friend Bill Sheriff passed away over the weekend. We lost a true gentleman and a true leader in the seniors housing industry. Not many people knew Bill well, as he was a quiet, but thoughtful, man. Known to be a man of few words, I had... Read More »
by Steve Monroe | Aug 19, 2022 9:07 am | Acquisitions
Atlas Healthcare, a skilled nursing provider based in central New Jersey, acquired a portfolio of 3 senior care properties in the greater Hartford, Connecticut area. Evans Senior Investments represented them in the transaction. Featuring one independent living... Read More »
by Steve Monroe | Aug 17, 2022 9:18 am | Acquisitions
Chartwell Retirement Residences, the largest Canadian seniors housing company, has agreed to sell two of its long-term care facilities for C$112 million, or C$424,000 per bed (or US$331,000 per bed). Net proceeds to Chartwell are expected to be C$56.8 million after... Read More »