by Steve Monroe | Jul 17, 2019 6:00 am | Financings
Housing & Healthcare Finance (HHC Finance) has had a busy summer, closing three HUD refinances totaling $56 million, so far. All three loans were arranged for skilled nursing clients and featured interest rates substantially below 4%. Based on the... Read More »
by Steve Monroe | Jul 16, 2019 3:44 pm | Financings
An affordable senior apartment community in Oxnard, California just refinanced with the help of Marty Meagher and Gardiner Champlin of NorthMarq’s San Diego office. Consisting of 101 units, the community received a $7.6 million loan from Fannie Mae, with a... Read More »
by Steve Monroe | Jul 15, 2019 6:00 am | Acquisitions
Check out our recent senior care M&A deals. Long-Term Care AcquirerTargetPrice Strawberry Fields REIT LLCLandmark of Des Plaines$15 million ConAm GroupThe Lido$19.3 million Chicago Pacific FoundersThe Manor Village at ScottsdaleN/A Chicago Pacific... Read More »
by Steve Monroe | Jul 15, 2019 5:59 am | Acquisitions
A large Missouri-based skilled nursing operator just increased its scale in the region with the purchase of a 136-bed skilled nursing/assisted living facility in Pacific, Missouri. Jeff Binder and Patrick Byrne of Senior Living Investment Brokerage facilitated the... Read More »
by Steve Monroe | Jul 12, 2019 3:08 pm | Developments
A brand-new independent living community is set to open this month in the Richmond, Virginia market to the tune of $31.6 million, or $213,500 per unit, to build. Featuring 10 different floor plans and one- or two-bedroom unit options, the Henrico community is located... Read More »