by Steve Monroe | Aug 22, 2019 4:59 pm | Financings
Lancaster Pollard Mortgage Company arranged Fannie Mae financing for a couple of clients, totaling nearly $56 million. Ross Holland, Doug Harper and Casey Moore led the larger transaction, closed on behalf of The Ridge Senior Living to refinance two of its communities... Read More »
by Steve Monroe | Aug 21, 2019 6:03 am | 60 Seconds, Opinion
Cuts to Alaska’s elderly funding was front-page news recently. I figured it was fate when, on my first day on vacation in Alaska last week, the headline of the major newspaper talked about the elimination of senior benefits. Then, in the hotel lobby was a... Read More »
by Steve Monroe | Aug 21, 2019 6:02 am | Acquisitions
Active adult communities continue to draw attention from investors, particularly those not traditionally involved with the more service-oriented property types like assisted living and memory care. Brad Goodsell and Jason Punzel of Senior Living Investment Brokerage... Read More »
by Steve Monroe | Aug 21, 2019 6:01 am | Financings
Four years after he arranged construction financing for a to-be-built rental CCRC in Houston, Texas, Aron Will of CBRE is refinancing the property on behalf of its owners, joint venture partners Bridgewood Property Company and Harrison Street Real Estate Capital.... Read More »
by Steve Monroe | Aug 21, 2019 6:00 am | Acquisitions
Jim Hazzard, Cindy Hazzard and Nick Stahler of JCH Senior Housing Investment Brokerage teamed up to sell a boutique assisted living/memory care community located on the central coast of California. Featuring over 20 units, the community was previously owned by a... Read More »