• Tremper Capital Group Secures Multiple Financings

    by | Jun 12, 2025 2:27 pm | Financings

    Tremper Capital Group has hit a rich vein of activity, with four closings since the start of May and several more planned in June. The firm kicked things off with an agency refinance closed for a 133-unit seniors housing community in the Pacific Northwest. Opened in 2022, the community featured independent living, assisted living and memory care... Read More »

  • Canyon Partners Provides Refinance

    by | Jun 12, 2025 2:24 pm | Financings

    Canyon Partners Real Estate provided a $47 million senior loan to refinance American House Oak Park, a 174-unit seniors housing community in Chicago. Affiliates of AEW Capital Management and REDICO were the joint venture borrowers. Newmark arranged the financing. Located in the Oak Park neighborhood, the property comprises 74 independent living,... Read More »

  • CIBC Bank Funds Illinois Acquisition

    by | Jun 12, 2025 2:21 pm | Financings

    CIBC Bank USA provided a $3.4 million loan for the acquisition and capital improvements of an assisted living community in Illinois, along with a $1 million working capital revolving line of credit. The seller is exiting the industry, and the borrower sees significant room for improvement upon completion of renovations and adjustments to the... Read More »

  • Lument Announces Latest Activity

    by | Jun 12, 2025 2:19 pm | Financings

    Lument closed a $60 million Freddie Mac loan to refinance Park Terrace, a 180-unit assisted living/memory care community in Rancho Santa Margarita, California. Kisco Senior Living owns and operates the property, which was built in 2000 with extension renovations and additions from 2023 to 2025. Lument’s Chris Cain, managing director based in... Read More »

  • Wisconsin Communities Secure Bridge Financing

    by | Jun 12, 2025 2:17 pm | Financings

    MonticelloAM, along with a firm affiliate, closed $28 million in bridge financing for two seniors housing properties in Wisconsin. Karina Davydov originated the transaction through the firm’s bridge lending platform. The floating-rate senior bridge loan has a 24-month initial term with two extension options. The sponsor is an experienced Midwest... Read More »
Inland Real Estate Group Buys in Minnesota

Inland Real Estate Group Buys in Minnesota

by | Feb 25, 2022 9:21 am | Acquisitions

Cushman & Wakefield represented a joint venture of The Waters Senior Living, Harrison Street Real Estate Capital and North Rock Real Estate in arranging the sale of The Waters on Mayowood, a 175-unit independent living, assisted living and memory care community in Rochester, Minnesota. The property was sold earlier in February for a total of $67.3 million, or just under $385,000 per unit.   Inland Real Estate Group, one of the nation’s largest real estate and finance groups, is acquiring Mayowood and will retain The Waters to manage the community. The property was originally constructed in 2015 and has performed well since opening, averaging over 96% occupancy since January 2018.... Read More »
Cushman & Wakefield Arranges Recap in Arizona

Cushman & Wakefield Arranges Recap in Arizona

by | Jan 11, 2022 4:22 pm | Acquisitions

Cushman & Wakefield has arranged the recapitalization of Acoya Mesa, a seniors housing community in the Mesa suburb of Phoenix, Arizona. Developed in 2019 by Ryan Companies and Cadence Living, ACOYA Mesa is a 170-unit independent living, assisted living, and memory care community. Despite divesting the community, Ryan and Cadence Living will continue operating it.  The property, which was sold by EverWest Real Estate Investors, was acquired by a global real estate investment manager for $46.25 million, or $272,100 per unit. Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Dan Baker and Jack Griffin represented the seller and procured the buyer. The team also... Read More »
Cushman & Wakefield Advises Recap of Connecticut Community

Cushman & Wakefield Advises Recap of Connecticut Community

by | Jan 10, 2022 9:36 am | Acquisitions

Cushman & Wakefield has arranged the recapitalization of two independent living, assisted living and memory care communities in the Hartford, Connecticut MSA. The 225-unit portfolio will be acquired by a joint venture between White Oak Healthcare REIT and Everbrook Senior Living. The communities apparently appeal to a more middle-market customer. Rick Swartz, Jay Wagner, Sam Dylag and Chris Remeika of Cushman & Wakefield represented Everbrook Senior Living in the transaction. No further details on the sale were disclosed.  Read More »
Cushman & Wakefield Sells Two Massachusetts Communities

Cushman & Wakefield Sells Two Massachusetts Communities

by | Dec 14, 2021 3:52 pm | Acquisitions

Cushman & Wakefield’s Senior Housing Capital Markets team arranged the sale of Wingate Residences at Boylston Place, a 48-unit assisted living community, and Wingate at Chestnut Hill, a 135-bed skilled nursing facility on a campus in Chestnut Hill, Massachusetts.  C&W represented the institutional seller, a pension fund investor who is exiting the senior living space. They selected a joint venture between Harrison Street and LCB Senior Living, LLC as the buyer. LCB plans to upgrade the existing assisted living building and convert the existing skilled nursing portion to additional assisted living space, memory care and common areas.  This is the fifth closing in a series of... Read More »