by Zach Alexander | Oct 5, 2022 9:50 am | Financings
KeyBank Real Estate Capital secured a $53.1 million permanent loan from Fannie Mae for Singh Development, a real estate developer, for its Waltonwood Lake Boone senior living community in Raleigh, North Carolina. Built in 2018, the Class-A community comprises 181... Read More »
by Zach Alexander | Oct 5, 2022 9:40 am | Acquisitions
Senior Living Investment Brokerage announced a couple of seniors housing transactions this week, starting with the sale of an assisted living/memory care community in Farmers Branch, Texas (Dallas MSA). Built in 1998, The Avenues Of Park Forest comprises 86 units and... Read More »
by Zach Alexander | Oct 5, 2022 9:36 am | Acquisitions
A large East Coast private equity firm divested its 66-unit assisted living community in Cherry Creek, Colorado, hiring Evans Senior Investments to handle the sale. Evans also helped secure debt for the buyer through its joint venture with Carnegie Capital. That buyer... Read More »
by Zach Alexander | Oct 3, 2022 10:17 am | Acquisitions
Jonathan Rose Cos. announced it has acquired two affordable seniors housing communities, Lakeland Place Apartments and Bowin Place Apartments in Detroit, Michigan, for a combined purchase price of $16.2 million, or $41,200 per unit. The two communities comprise a... Read More »
by Zach Alexander | Sep 30, 2022 9:19 am | Acquisitions
A skilled nursing facility in Spencer, Indiana (Bloomington MSA) sold to a group of skilled nursing operators based in Indiana and the Midwest for an undisclosed price. The facility will be renamed Owen Valley Rehabilitation and Healthcare Center. Built in 2006, it... Read More »