by Zach Alexander | Jul 13, 2022 10:02 am | Uncategorized
Chicago-based investment firm Bender Companies has spent $20.5 million, or $118,500 per unit, in Burbank Manor, a 173-unit active adult complex in Burbank, Illinois. Built in 1985, the apartments sit on 6 acres in the suburbs of Chicago. The property is well... Read More »
by Zach Alexander | Jul 8, 2022 3:02 pm | Uncategorized
Greystone arranged a $116 million bank refinance of Carrington at Lincolnwood, a large seniors housing community in the Lincolnwood suburb of Chicago. The community comprises a total of 383 units, split between 251 independent living units, 88 assisted living units... Read More »
by Zach Alexander | Jul 8, 2022 2:56 pm | Uncategorized
Investment bank Ziegler has officially closed $24.405 million of bond financing for Ohio-based Eliza Jennings, a not-for-profit organization that currently owns and operates three senior living campuses in the state. The campuses comprise 75 independent living... Read More »
by Zach Alexander | Jul 8, 2022 8:45 am | Uncategorized
The historic property of Hudson Hills Senior Living in North Bergen, New Jersey, has been sold to an east coast-based owner operator expanding its portfolio in the Garden State. The CCRC was originally built in 1897 with recent renovations last dated to 1990. Located... Read More »
by Zach Alexander | Jul 7, 2022 4:59 pm | Uncategorized
The Ensign Group announced a slew of transactions to start the month of July. Its first acquisition was in Las Vegas, Nevada for Henderson Health and Rehabilitation. Built in 1983, the skilled nursing facility in the town of Henderson comprises 266-beds on 3.7 acres.... Read More »