by Zach Alexander | Aug 10, 2022 8:50 am | Acquisitions, Statistics |
The Pennant Group, Inc. has announced second quarter earnings for the year, coming out with adjusted diluted earnings of $0.14 per share, which is down from the year-ago quarter’s $0.17 per share but in line with various expectations. It seemed that more focused... Read More »
by Zach Alexander | Aug 10, 2022 8:48 am | Financings |
Greystone has provided a total of $47 million in HUD financing for five skilled nursing facilities in California, Connecticut, North Carolina and Ohio. The debt comprised $8.2 million for a 35-bed skilled nursing facility in San Diego, California, a $10.5 million loan... Read More »
by Zach Alexander | Aug 8, 2022 11:00 am | Acquisitions |
Avanath Capital Management has acquired a six-property multifamily and affordable seniors housing portfolio in the Sacramento, California market. The communities sold for $182 million, or $176,400 per unit, and expand the real estate investment firm’s presence in the... Read More »
by Zach Alexander | Aug 8, 2022 10:59 am | Financings |
Northmarq has successfully completed a $22 million refinance of a seniors housing property in Croton-on-Hudson, New York. Springvale Apartments is an active adult community that consists of 31 buildings and a total of 524 units on 35 acres overlooking the Hudson... Read More »
by Zach Alexander | Aug 8, 2022 10:57 am | Acquisitions |
Kauhale Health has made its first acquisition, adding the assisted living and memory care community Vicinia Gardens of Otsego to its portfolio. Built in 2016, the community comprises 52 units and sits on 5.6 acres just south of Grand Rapids, Michigan. Kauhale... Read More »
