by Zach Alexander | Sep 30, 2022 9:13 am | Acquisitions
Scott Frazier of Blueprint Healthcare Real Estate Advisors helped an independent owner/operator exit the seniors housing business with the sale of their only asset in Orange County, California. Built in 1970 and renovated in 2008, the community comprises approximately... Read More »
by Zach Alexander | Sep 28, 2022 9:15 am | Financings
Northland Networks served as exclusive placement agent for the bank refinance of Condor Health, a 181-bed skilled nursing facility in Anderson, South Carolina. The facility opened in 1965 and was expanded in 1974 and 1980. It sold in September 2019 for $11.5 million,... Read More »
by Zach Alexander | Sep 28, 2022 9:12 am | Acquisitions
Senior Living Investment Brokerage announced the sale of an assisted living community in Dade City, Florida. Built in 1912 as a hotel and converted to seniors housing in 1988, the community was then substantially renovated in 2016 and 2017. Sitting in between Tampa... Read More »
by Zach Alexander | Sep 28, 2022 9:08 am | Developments
Active adult new construction activity continued apace this past week with multiple developers breaking ground on communities throughout the country. We are sure rising interest rates have stopped a number of projects, but many developers surely see plenty of... Read More »
by Zach Alexander | Sep 26, 2022 10:22 am | Acquisitions
Oklahoma-based Plains Commercial announced the sale of a vacant assisted living portfolio in Copperfield and Pearland, Texas (Houston MSA). The Glen Hope Portfolio comprises two communities built in 2005 and 2009, respectively. Both communities offered well maintained... Read More »