by Zach Alexander | Jul 20, 2022 10:24 am | Acquisitions
Senwell Senior Investment Advisors has closed the sale of a skilled nursing/assisted living facility portfolio in Ohio consisting of four sites. The Ohio-based owner decided to sell the portfolio with intention of leaving the senior care sector and shifting its focus... Read More »
by Zach Alexander | Jul 20, 2022 10:22 am | Uncategorized
Cushman & Wakefield announced that it has advised a joint venture between The Waters Senior Living and an institutional capital partner in the procurement of a $16.5 million acquisition loan for the purchase of The Waters of Highland Park, an 84-unit independent... Read More »
by Zach Alexander | Jul 15, 2022 3:48 pm | Uncategorized
Jonathan Rose Co. and Jamboree Housing have acquired Belage Manor, a 180-unit affordable senior housing complex in Anaheim, California for the purchase price of $41 million, or $227,000 per unit. This marks the 12th deal to close under the Rose Affordable Housing... Read More »
by Zach Alexander | Jul 15, 2022 3:47 pm | Uncategorized
JLL Capital Markets arranged short-term financing for two newly built communities totaling 328 units in North Olmsted and North Royalton, Ohio. The two high-quality communities comprise independent living, assisted living and memory care units. The borrower is real... Read More »
by Zach Alexander | Jul 15, 2022 3:43 pm | Uncategorized
Evans Senior Investments has handled the sale of a struggling skilled nursing facility in Clark Township, New Jersey. Built in 1995 with more than 130 beds, the facility saw pre-pandemic occupancy levels of 85% plummet to 56% by the time of sale. The seller is a... Read More »