• EBSC Provides Financing for Michigan Asset

    by | Apr 26, 2024 3:55 pm | Financings

    EBSC Lending provided $26.2 million in financing for an affordable seniors housing community in Michigan. The borrower is a not-for-profit owner/operator with experience in hospitality that will use the proceeds to refinance existing debt and fund capital improvements. Specific upgrades will target unit interiors, building exterior, elevators,... Read More »

  • The Benoit Group Finances Atlanta Project

    by | Apr 26, 2024 3:54 pm | Developments, Financings

    The Benoit Group, in partnership with Atlanta Housing, received financing for the development of Englewood Senior in Atlanta. This affordable seniors housing project marks the first redevelopment phase of a master-planned, mixed-use, multi-plase community on the 30-acre site of the former Englewood Manor public housing site. Built in 1971,... Read More »

  • National Lending Group Divests in Wisconsin

    by | Apr 25, 2024 3:31 pm | Acquisitions

    Justin Knapp, Nick Stahler and Ray Giannini of Marcus & Millichap recently closed the receivership sale of an 86-bed skilled nursing facility in Wisconsin. The Knapp-Stahler Group represented the seller, a national lending group that also provided financing for the deal.  The borrower/buyer was a local operator with ties to an East... Read More »

  • CFG Secures Bridge-to-HUD Loan for Ohio Skilled Nursing Facility

    by | Apr 25, 2024 3:30 pm | Financings

    Capital Funding Group secured financing for a skilled nursing facility in Ohio on behalf of a nationally recognized borrower. The bridge-to-HUD loan totals $13.5 million and supports the refinancing of this 120-bed SNF. Tim Eberhardt and Ava Julio of CFG originated the transaction.  This financing follows CFG’s closing of two HUD loans on... Read More »

  • CBRE Secures Financing For Class-A Seniors Housing Community

    by | Apr 25, 2024 3:29 pm | Financings

    CBRE secured financing for a Class-A seniors housing community in North Dakota on behalf of a joint venture borrower. Built in 2017, New Perspective West Fargo is in Fargo, one mile from Sanford Medical Center, North Dakota’s newest and largest medical center. The community features 128 independent living, assisted living and memory care units... Read More »
Liberty Senior Living Adds New Property in South Carolina

Liberty Senior Living Adds New Property in South Carolina

by | Feb 15, 2022 2:38 pm | Acquisitions

JLL Capital Markets closed the sale of Discovery Village at Sandhill, a 187-unit independent living community in Columbia, South Carolina. Developer South Bay Partners, LLC (now a part of the Harbert Management Corporation) divested the property to Liberty Senior Living, LLC, which took over operations following the closing of the transaction. The property has been rebranded as Inspire Sandhill. Completed in 2019, Inspire Sandhill features one-, two- and three-bedroom units averaging 981 square feet. Located on 8.39 acres, Inspire Sandhill sits near local entertainment hubs and an extensive number of local educational institutions. Charles Bissell and Cody Tremper of JLL led the... Read More »
Zom Living Enters the Senior Living Market

Zom Living Enters the Senior Living Market

by | Sep 27, 2018 3:08 pm | Developments, Financings

A major seniors housing development is about to break ground in Palm Beach County, Florida, after the developers finalized the purchase of a 46-acre plot in a transaction handled by Charlie Hilding, Mark Myers and Josh Jandris of Institutional Property Advisors, a division of Marcus & Millichap. Additionally, Ryan Nee of Marcus & Millichap’s Fort Lauderdale office was the broker of record for the transaction. Originally owned by a partnership and entitled for 462 units of seniors housing, the land sold for $23.25 million to a joint venture between Zom Living and Liberty Senior Living. This is multifamily developer Zom’s first seniors housing deal, and North Carolina-based Liberty’s... Read More »