by Zach Alexander | Jan 18, 2023 9:11 am | Acquisitions, Developments
Denver-based Headwaters Group announced its intention to increase its development and acquisition activity within the active adult market. The company recently launched its middle-market active adult initiative and will focus on for-rent communities for adults aged 55... Read More »
by Zach Alexander | Jan 13, 2023 9:23 am | Acquisitions
Blueprint Healthcare Real Estate Advisors announced the sale of a skilled nursing facility in Los Angeles, California. Built in 1997, The Rehabilitation Centre of Beverly Hills comprises 150 Medicare beds and is located near the prestigious hospital of Cedars-Sinai... Read More »
by Zach Alexander | Jan 13, 2023 9:14 am | Acquisitions
South Bend, Indiana-based Strawberry Fields REIT announced it has acquired a skilled nursing facility in Jackson, Kentucky. Built in 1971 and renovated in 2021, the Nim Henson Geriatric Center comprises 120 beds and sits on just under three acres in eastern Kentucky.... Read More »
by Zach Alexander | Jan 11, 2023 9:11 am | Financings
Live Oak Bank closed a $16.3 million A/B unitranche loan for an owner/operator of skilled nursing facilities in Utah. Berkadia Commercial Mortgage’s Seniors Housing & Healthcare Group assisted in the process, too. The financing provided bridge-to-HUD debt for a... Read More »
by Zach Alexander | Jan 11, 2023 9:08 am | Financings
Lument closed $16.9 million in HUD financing for two skilled nursing facilities in Oklahoma. The two skilled nursing facilities combine for a total of 266 beds. One was built in 2006, with an addition completed in 2010, while the larger facility was built in 1953 and... Read More »