by Zach Alexander | Sep 2, 2022 2:46 pm | Financings
Ziegler announced multiple finacings, first arranging two bridge loan financings totaling $17.3 million for the acquisition and repositioning of two separate assisted living and memory care campuses in Cotswold, North Carolina and Vinings, Georgia. The communities... Read More »
by Zach Alexander | Sep 2, 2022 2:43 pm | Acquisitions
Nick Stahler and Hap Knowles of The Knapp-Stahler Group followed up on the firm’s busy end of August with the closing of a behavioral health/skilled nursing facility sale in Arizona. Built in 1966, the 144-bed facility sold for $17.2 million, or around $120,000 per... Read More »
by Zach Alexander | Sep 2, 2022 10:07 am | Financings
NewPoint Real Estate Capital closed five HUD loans totaling over $83 million. The loans include a $29 million refinance of a recently acquired 140-bed SNF for an experienced borrower in New York. The facility was built in the early 1970s and underwent a major... Read More »
by Zach Alexander | Sep 2, 2022 10:06 am | Acquisitions
CBRE National Senior Housing announced the sale of Residences at Merrillville Lakes, a 356-unit, five-story active adult community located in Merrillville Lakes, Indiana (Chicago MSA). Built in 2009, the community sits on 20 acres and features a resort-style pool,... Read More »
by Zach Alexander | Sep 2, 2022 10:03 am | Acquisitions
The Knapp-Stahler Group of Marcus & Millichap ended the month of August with a couple of transactions. First, the team brokered the sale of a 52-unit assisted living community located in Allegan County, Michigan. Built in 2017, the property was around 80% occupied... Read More »