• Joint Venture Acquires and Secures Financing in Maryland

    by | Oct 22, 2024 3:21 pm | Acquisitions, Financings

    Berkadia announced the sale and financing of an active adult community in Annapolis, Maryland. Built in 2002, Gardens of Annapolis features 106 units with 42-one bedroom/one-bathroom units, 23 two-bedroom/one-bathroom units and 41 two-bedroom/two-bathroom units. The property has been well-maintained over the last 20 years as a result of... Read More »

  • Newmark Facilitates a Sale and Refinance

    by | Oct 22, 2024 3:20 pm | Acquisitions, Financings

    Newmark’s Senior Housing Team handled the sale of a seniors housing community in South Carolina. Built in 2021, New Haven at Little River features 154 independent living, assisted living and memory care units in Little River, South Carolina. Totaling 200,000 square feet, it has 89 IL, 44 AL and 19 MC units. No additional details were disclosed,... Read More »

  • Joint Venture Secures Refinancing

    by | Oct 22, 2024 3:18 pm | Financings

    Mesa West Capital provided a joint venture with a loan to refinance a seniors housing community in Montvale, New Jersey. The joint venture comprises AEW Capital Management, Thrive Senior Living and Pike Construction. The five-year, floating-rate $57 million loan is secured by Thrive at Montvale. Built in 2022 by Thrive and Pike, the community... Read More »

  • 60 Seconds with Swett: What Could Stop the M&A Momentum?

    by | Oct 22, 2024 3:11 pm | 60 Seconds, Acquisitions, Opinion

    Last week, we recorded our 560th deal of 2024, which breaks the annual record for M&A volume across seniors housing and skilled nursing transactions. And we have more than two months to go. So there can be no dispute that we will set an M&A record this year, and by a large margin. But could 2024 actually end with a whimper? We ask that... Read More »

  • Brookdale and the Golden Age

    by | Oct 18, 2024 3:40 pm | Opinion

    A lot has been made recently of the looming Golden Age of seniors housing. An analyst at Jefferies & Co. came out with a strong recommendation of Brookdale Senior Living and its potential to take advantage of the upcoming age wave. They referred to Brookdale as the leading senior living provider well positioned for this. A more accurate... Read More »