News Release: MedCore Acquires Two Senior Living Communities in Detroit, MI
DALLAS, April 11, 2024 /PRNewswire/ — MedCore Partners in partnership with REDICO/American House has completed the acquisition of two (2) senior living communities located in Troy and Rochester Hills, Michigan (Detroit MSA). The communities will be operated by American House under the brands American House Somerset and American House Hampton Village, respectively. American House Somerset […]
News Release: Optimal Outcomes LLC — New Project in Lakewood Ranch, FL
We are excited to announce plans for our Phase II development in Lakewood Ranch, building on the success of our Lakewood Ranch HealthPark which was completed in 2020. Phase II will consist of up to 50,000 SF of Class A medical office space set on 5 acres with ample surface parking. It is set to […]
News Release: LTC Originates $12.7 Million Loan for Purchase of Skilled Nursing/Assisted Living Campus
WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)—LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced that it has originated a $12.7 million senior loan to Ignite Medical Resorts (“Ignite”), a current LTC operator, for the purchase of a skilled nursing and […]
News Release: Kristen Ahrens joins Blueprint Healthcare Real Estate Advisors (“Blueprint”) as Senior Managing Director, Capital Markets
CHICAGO, April 3, 2024 /PRNewswire/ — Blueprint, a leading advisory firm in the healthcare real estate sector, is pleased to announce the appointment of Kristen Ahrens to Senior Managing Director, Capital Markets. Ms. Ahrens’ extensive experience in healthcare real estate finance will be instrumental in driving Blueprint’s strategic initiative of sourcing debt for its clients. […]
News Release: Diversified Healthcare Trust Provides Monthly SHOP Performance Update
NEWTON, Mass.–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today provided an update regarding the recent performance of its Senior Housing Operating Portfolio, or SHOP, segment. Monthly Unaudited Results in DHC’s Total SHOP Properties: February 2024 occupancy was 78.9%, a decrease of 10 basis points from January 2024, and 190 basis points higher than February 2023. February […]
News Release: CareTrust REIT Invests $60 Million in Acquisition of Three Southern California Continuing Care Retirement Communities
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and San Diego counties. The multi-service senior living campuses include 475 assisted living, skilled nursing, and memory care beds/units. All three facilities will be operated by Bayshire Senior Communities, an existing […]
News Release: JLL’s Value and Risk Advisory platform expands its seniors housing team
Daniel Schneider, MAI, a 20-year industry veteran, joins the platform as an Executive Director CHICAGO, Apr. 1, 2024 – JLL’s Value and Risk Advisory platform announced today that it has hired Daniel Schneider, MAI as an Executive Director within its seniors housing team. Schneider, who is based in Philadelphia, will play a critical role in […]
News Release: Dwight & Co Affiliate Expands Healthcare Team and Capital Solutions
MIAMI–(BUSINESS WIRE)—Dwight & Co has expanded its Seniors Housing and Healthcare financing solutions by successfully launching working capital revolving lines of credit (revolvers), investing in new technology, and broadening the depth of its healthcare team. Revolvers integrate seamlessly into Dwight’s existing bridge, mezzanine, and HUD healthcare lending platform, establishing an efficient, comprehensive suite of financial […]
News Release: Walker & Dunlop Originates $65 Million in HUD Loans for Seven Skilled Nursing Communities
BETHESDA, Md.–(BUSINESS WIRE)—Walker & Dunlop, Inc. announced today that it originated $65,731,000 in 232/223(f) and 241(a) HUD loans for seven skilled nursing facilities and memory care centers across Illinois and Wisconsin between October 2023 and February 2024. Walker & Dunlop’s Midwest FHA Finance team, led by Joshua Rosen, Brad Annis, and Johnny Rice, arranged the […]
News Release: Financing secured for Elk River Senior Living in Minnesota
JLL Capital Market arranged financing for the 108-unit seniors community MINNEAPOLIS, Feb. 29, 2024 – JLL Capital Markets has successfully secured financing for Elk River Senior Living, a community offering independent living, assisted living and memory care services in Elk River, Minnesota. The refinancing, facilitated through the HUD/FHA 232/223(f) program, amounts to $18,700,300 or $173,151/unit. […]
News Release: The Residence at Orchard Grove sells in the greater Boston MSA
JLL Capital Markets represented Blue Moon and LCB Senior Living, LLC in the recapitalization of the senior living community BOSTON, Feb. 15, 2024 – JLL Capital Markets announced today that it arranged the sale of The Residence at Orchard Grove, a senior community with independent and assisted living and memory care in Shrewsbury, Massachusetts. JLL […]
News Release: Missouri senior living portfolio acquired by partnership involving Scarp Ridge and Arrow Senior Living
JLL Capital Markets led sales effort for a partnership of two institutional clients BOSTON, Feb. 14, 2024 – JLL Capital Markets announced that it arranged the sale of three seniors housing communities across the St Louis and Kansas City MSA’s. The communities are located in Wildwood, MO, Town & Country, MO and the Burlington Creek area […]
News Release: Berkadia Seniors Housing & Healthcare Completes Sale and Secures Financing of Atlanta Senior Care Community
Atlanta, Georgia – February 14, 2023 – Berkadia Seniors Housing & Healthcare announced today the sale and financing of Brighton Gardens of Buckhead, a 112-unit assisted living and memory care community in Atlanta, Georgia. Managing Directors Cody Tremper, Mike Garbers, Dave Fasano, and Ross Sanders of Berkadia Seniors Housing & Healthcare led the sale on […]
News Release: Strong recovery trajectory and investor interest in seniors housing anticipated for 2024
JLL’s seventh annual Seniors Housing and Care Investor Survey and Trends Outlook reveals that 63% of investors surveyed plan to increase their seniors housing holdings in 2024 CHICAGO, Feb. 13, 2024 – Green shoots are starting to emerge in the capital markets, benefiting the seniors housing sector of the industry. The underlying market fundamentals continue […]
News Release: Omega Reports Fourth Quarter and Full Year 2023 Results
Omega Reports Fourth Quarter and Full Year 2023 Results Completed $249 Million in New Investments in Q4 Providing 2024 Adjusted FFO Guidance February 07, 2024 04:20 PM Eastern Standard Time HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter and year ended December 31, […]