by Zach Alexander | Sep 26, 2022 10:20 am | Acquisitions
Cushman & Wakefield arranged the sale of an assisted living community in Glastonbury, Connecticut. Buckingham Heights is a 46-unit, 52-bed memory care community that sits just southeast of Hartford. The property opened in late 2001 and historically operated at... Read More »
by Zach Alexander | Sep 23, 2022 10:18 am | Financings
Chicago-based specialty investment bank Ziegler announced the closing of $30 million in bonds for Life Care Ponte Vedra, Inc., d/b/a Vicar’s Landing, to help finance a Phase II expansion. Built in 1983, the community comprises 227 independent living units, 38 assisted... Read More »
by Zach Alexander | Sep 23, 2022 10:15 am | Uncategorized
Institutional Property Advisors (IPA), a division of Marcus & Millichap arranged the sale of Lakeside Village, an active adult community in West Valley City, Utah. Built in 1997, the community comprises 144 units and sits on 6.2 acres. The units consist of one-... Read More »
by Zach Alexander | Sep 23, 2022 10:12 am | Acquisitions
Evans Senior Investments announced it has arranged the sale of an assisted living community in South Carolina on behalf of a large East Coast private equity firm. The buyer was Windriver Companies, which paid an undisclosed price. Built in 2001, the 52-unit community... Read More »
by Zach Alexander | Sep 21, 2022 9:57 am | Developments
A major theme coming out of the NIC Fall Conference was the drying up of the construction lending market, but JLL Capital Markets announced it has arranged $61 million in construction financing for the development of The Preserve at Spring Creek, a 230-unit assisted... Read More »