by Zach Alexander | Aug 1, 2022 9:10 am | Acquisitions, Financings |
CBRE National Senior Housing arranged the sale and acquisition financing for Andara Senior Living, an independent and assisted living community in Scottsdale, Arizona. This transaction was CBRE’s third financing of the community, having previously arranged acquisition... Read More »
by Zach Alexander | Aug 1, 2022 9:05 am | Acquisitions |
The Primrose Retirement Communities Portfolio consisting of four independent and assisted living communities has been sold to an undisclosed public REIT and a regional private equity group. The portfolio comprises 351 total units (199 IL and 152 AL) and is spread out... Read More »
by Zach Alexander | Jul 29, 2022 10:29 am | Acquisitions |
Parentis Health has acquired Quality Life Homes, a small senior living portfolio of five communities in Laguna Niguel, California. Parentis Health will be adding this portfolio into its Verona Court portfolio of senior residential care properties. Verona Court will... Read More »
by Zach Alexander | Jul 27, 2022 8:29 am | Financings |
A joint venture between American Care Concepts and private investors refinanced its Queen Creek, Arizona community with the help of JLL Capital Markets. The firm arranged a $10.5 million refinancing for the newly constructed Countryside Living, a 40-unit assisted... Read More »
by Zach Alexander | Jul 27, 2022 8:13 am | Financings |
JLL Capital Markets worked on behalf of the borrower, Mirror Lake Village LLC, to secure a $29.5 million refinancing for Mirror Lake Village, a 114-unit, 138-bed senior living community in Federal Way, Washington. The community comprises 30 assisted living units, 66... Read More »