by Zach Alexander | Jan 6, 2023 9:36 am | Financings
White Oak Healthcare Partners, a subsidiary of White Oak Healthcare Finance, secured a $32.8 million financing for the acquisition of a skilled nursing facility in Southern California. A private investment firm acquired the facility, which is triple-net leased to an... Read More »
by Zach Alexander | Jan 6, 2023 9:33 am | Acquisitions
Bradley Clousing and Daniel Geraghty of Senior Living Investment Brokerage sold a 120-bed skilled nursing facility in Jacksonville, Florida. They represented the long-time not-for-profit owner/operator that had run into operational difficulty after the pandemic. As is... Read More »
by Zach Alexander | Jan 6, 2023 9:28 am | Financings
Live Oak Bank announced it has closed a $13 million refinance loan for Oklahoma City, Oklahoma-based Mansions Senior Living. The financing supported the refinance of existing debt for a 94-unit assisted living and memory care community in Lawrenceville, Georgia, which... Read More »
by Zach Alexander | Jan 6, 2023 9:25 am | Acquisitions
Fort Lauderdale, Florida-based Gold Standard of Care has announced the acquisition of an assisted living community in Bradenton, just south of Tampa Bay. Previously owned by a national REIT and managed by a national operator, the community comprises 135 beds in 112... Read More »
by Zach Alexander | Jan 4, 2023 9:36 am | Acquisitions
Transitions Healthcare, an owner and operator of five skilled nursing facilities in Maryland and Pennsylvania, has announced the acquisition of a SNF in Duncannon, Pennsylvania, near Harrisburg. Originally built in 1902, Kinkora Pythian Home comprises 60 beds,... Read More »