by Zach Alexander | Sep 14, 2022 8:35 am | Financings
VIUM Capital announced a plethora of transactions in the month of August, totaling approximately $200 million across six financings. The firm first closed a bridge acquisition loan for a pair of skilled nursing facilities in Arkansas. The loan totaled $19.9 million.... Read More »
by Zach Alexander | Sep 14, 2022 8:32 am | Acquisitions
Nick Stahler and Michael Mooney of The Knapp-Stahler Group of Marcus and Millichap sold a37-unit residential care facility in Oregon that specializes in traumatic brain injuries and other cognitive disorders. The property sold for $9.25 million or $250,000 per unit.... Read More »
by Zach Alexander | Sep 12, 2022 10:46 am | Acquisitions
The Prestige Group announced the sale of an assisted living community in Georgetown County, South Carolina. The 48-unit community sits on 8.2 acres just north of Charleston, and just south of Myrtle Beach. Joe Shallow and Richard Natow handled the transaction. Both... Read More »
by Zach Alexander | Sep 12, 2022 10:44 am | Developments
Resthaven broke ground on a $72.5 million development project called The Farmstead, an independent and assisted living community in western Michigan. The community will serve greater Ottawa County, and will be situated on 40 acres just southwest of Grand Rapids,... Read More »
by Zach Alexander | Sep 12, 2022 10:41 am | Acquisitions
LTC Properties, Inc. announced a joint venture investment for the purchase of three skilled nursing facilities in northern Florida, to be operated by a partner new to LTC. The REIT will be the majority owner in this transaction with a $62 million contribution to the... Read More »