| This covers all seniors housing and care acquisitions and financings handled by Cushman & Wakefield, in regard to seniors housing and care. |
Aaron Rosenzweig, Jay Wagner and Sam Dylag of Cushman & Wakefield helped a joint venture between Blue Mountain Enterprises Inc. and Calson Management to obtain first mortgage financing for their 148-unit assisted living/memory care community in Fairfield, California. PNC provided the loan from their agency platform. Built just a few years ago and stabilized, this […]
As part of a larger effort to exit several non-core assets, an institutional owner decided to sell its 112-unit assisted living/memory care in Mount Vernon, Illinois (about 80 miles southeast of St. Louis), with the help of the Richard Swartz, Jay Wagner, Jim Dooley and Sam Dylag of Cushman & Wakefield. Built in phases from […]
Cushman & Wakefield’s Seniors Housing Capital Markets team has been closing a lot of business in the shortest month of the year, negotiating the sale of a couple of portfolio transactions on opposite sides of the country. First, out West, the team of Rick Swartz and Jay Wagner advised Focus Healthcare Partners in their sale […]
Ownership of a luxury senior living community in Marlboro, New Jersey flipped from one private equity firm to another. Developed by Capitol Seniors Housing and joint venture partners Formation Development Group and Shelbourne Capital several years ago, the 79-unit community features both assisted living and memory care services under the operation of Chelsea Senior Living. Already […]
The team at Cushman & Wakefield announced that they represented HCP, Inc. in the REIT’s sale of 17 Brookdale Senior Living-managed seniors housing communities for $264 million. Richard Swartz, Jay Wagner, James Dooley and Sam Dylag led the way on the transaction and are still working to close on the sale of two more properties, […]
Cushman & Wakefield served as the exclusive advisor to a joint venture between LCB Senior Living and Harrison Street Real Estate Capital in their recapitalization of four New England seniors housing communities. LCB had already been operating three of the properties in Massachusetts (Ipswich) and Connecticut (South Windsor and Avon) since their construction in 2014 […]
A brand-new assisted living/memory care community in California found a new owner with the help of Richard Swartz, Jay Wagner, Aaron Rosenzweig and Sam Dylag of Cushman & Wakefield. Developed by San Diego-based West Partners, LLC, the community offers 148 units in the resort town of Palm Desert and recently received its Certificate of Occupancy […]
A newly-opened and quickly-stabilizing assisted living community in the affluent Chicago suburb of Prospect Heights, Illinois sold with the help of Richard Swartz, Jay Wagner and Timothy Hosmer of Cushman & Wakefield. Developed in May 2017 by a joint venture between Oz Real Estate, Grandbrier Senior Living and Pathway to Living (the operator), the community […]
It is amazing what patience, capital, expertise and desire can do to change things around for a few bankrupt entrance-fee CCRCs. We are referring to Sedgebrook in Lincolnshire, Illinois and Monarch Landing in Naperville, Illinois that fell into bankruptcy in 2010 and were sold in an auction process for a combined total of about $39.25 […]
The team of Allen McMurtry, Paul Carr and David Kliewer of Cushman & Wakefield helped a development collaboration successfully sell its two-year old assisted living/memory care community in the Tampa, Florida area. Gulf Coastal Development and Rookis Development (along with operator Watermark Retirement Communities) have a history of teaming up to develop other senior living […]