by Zach Alexander | Oct 18, 2022 4:29 pm | Acquisitions
We saw yet another high-priced skilled nursing deal when Evans Senior Investments announced the sale of a 138-bed skilled nursing facility in Anaheim, California, for $25 million, or $181,200 per bed. Owned by a local operator, the facility was 96% occupied and making... Read More »
by Zach Alexander | Oct 14, 2022 9:19 am | Acquisitions, Uncategorized
Evans Senior Investments arranged the sale of a 99-bed skilled nursing facility in Ohio. Built in phases from 1946 through 1985, the facility received two significant renovations in 2013 and 2019. It comprises 47 private rooms and 26 semi private rooms and was 70%... Read More »
by Zach Alexander | Oct 14, 2022 9:17 am | Financings
White Oak Healthcare Partners reported a busy month of September, closed six loans totaling more than $275 million in volume, all of which came with three-year, variable-rate terms. In Georgia, the debt fund closed a $110.6 million recapitalization for the landlord of... Read More »
by Zach Alexander | Oct 14, 2022 9:14 am | Acquisitions
A couple of institutional investors traded a portfolio of four active adult communities in three states. All recently built and boasting occupancy above 95%, these communities total 481 units in three MSAs: Pittsburgh, Pennsylvania, Louisville, Kentucky, and... Read More »
by Zach Alexander | Oct 10, 2022 9:00 am | Financings
Ziegler, in partnership with M&T Realty Capital Corporation, announced a $19.4 million Fannie Mae loan on behalf of Essex Communities to refinance the existing debt of Carmel Oaks. The 86-unit independent living community stands three stories tall and sits on four... Read More »