by Zach Alexander | Sep 16, 2022 9:35 am | Acquisitions
The Prestige Group announced the sale of an assisted living community in Philadelphia, Pennsylvania. Built in 1926, Parkside Manor features 51 units and sits on 1.4 acres. Joe Shallow and Richard Natow handled the transaction. Both the seller and buyer of the... Read More »
by Zach Alexander | Sep 16, 2022 9:31 am | Acquisitions
Ziegler closed $36.0 million in financing for Northern California Congregational Retirement Homes, Inc, doing business as Carmel Valley Manor. The borrower was issued Series 2022 bonds, which will be used together with an equity contribution to fund various campus... Read More »
by Zach Alexander | Sep 16, 2022 9:28 am | Acquisitions
A skilled nursing portfolio sold in Texas with the help of Chicago-based Helios Healthcare advisors. The seller, a regional developer, engaged Helios to sell the real estate of seven facilities, which were subject to existing leases with two of the largest operators... Read More »
by Zach Alexander | Sep 16, 2022 9:22 am | Acquisitions
A skilled nursing operator exited its last two assisted living assets, with Brad Clousing and Daniel Geraghty of Senior Living Investment Brokerage handling the transaction. Located in Lauderhill, Florida, Lenox on the Lake features 133 beds in 127 units, with a mix... Read More »
by Zach Alexander | Sep 16, 2022 9:19 am | Acquisitions
Blueprint Healthcare Real Estate Advisors made its mark at the NIC Fall Conference with three transaction announcements revealed while the industry descended on D.C. First, Blueprint closed the sale of a skilled nursing facility in Florida. Southern Oaks Care Center... Read More »