by Zach Alexander | Aug 12, 2022 8:31 am | Acquisitions
Dwight Capital’s affiliate, Dwight Mortgage Trust, has successfully closed acquisition financing totaling $27 million for four assisted living communities in the state of New York. The portfolio consisted of three communities in Jamestown: Tanglewood Manor, Memory... Read More »
by Zach Alexander | Aug 12, 2022 8:23 am | Acquisitions
Chicago-based investment bank Ziegler continues its busy month, arranging acquisition financing for Well-Spring Obligated Group. Ziegler closed three taxable loans for the company to acquire a CCRC in Greensboro, North Carolina, and expand its services as a multi-site... Read More »
by Zach Alexander | Aug 12, 2022 8:20 am | Acquisitions, Statistics
Welltower reported yet another active quarter of acquisitions and investments, completing $1.6 billion of pro rata gross investments, including $1.1 billion in acquisitions and loan funding, as well as $448 million in development funding in the second quarter. One of... Read More »
by Zach Alexander | Aug 10, 2022 8:50 am | Acquisitions, Statistics
The Pennant Group, Inc. has announced second quarter earnings for the year, coming out with adjusted diluted earnings of $0.14 per share, which is down from the year-ago quarter’s $0.17 per share but in line with various expectations. It seemed that more focused... Read More »
by Zach Alexander | Aug 10, 2022 8:48 am | Financings
Greystone has provided a total of $47 million in HUD financing for five skilled nursing facilities in California, Connecticut, North Carolina and Ohio. The debt comprised $8.2 million for a 35-bed skilled nursing facility in San Diego, California, a $10.5 million loan... Read More »