Post-Acute & Senior Living

News Release: Caddis to develop first Heartis senior living community in Wisconsin  

News Release: Caddis to develop first Heartis senior living community in Wisconsin  

FOR IMMEDIATE RELEASE Media Contact: Stacey Berman, Caddis, 214-916-5750, sberman@caddis.com The 105-unit, 96,770 square foot Heartis Village North Shore in Glendale north of Milwaukee is part of the firm’s Midwest expansion to fill local unmet needs GLENDALE, Wis., and DALLAS, Oct. 11, 2017 – In a continuation of its expansion in the Midwest to provide […]

Artist rendering of Vibra's new medical rehabilitation hospital (PRNewsfoto/Vibra Healthcare, LLC)

News Release: Vibra Healthcare Announces Development of New Medical Rehabilitation Hospital in Sacramento, CA

NEWS PROVIDED BY Vibra Healthcare, LLC Oct 09, 2017, 10:00 ET MECHANICSBURG, Pa. and SACRAMENTO, Calif., Oct. 9, 2017 /PRNewswire/ — Vibra Healthcare, LLC (“Vibra”) announced today that it has entered into an agreement to develop a medical rehabilitation hospital in Sacramento, CA. The new two-story facility will be located on a 6.23 acre lot at 10 Advantage Court, Sacramento, adjacent to Interstate 5 […]

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News Release: Just Closed: 50-Bed Rehabilitation Hospital in Austin, Texas

Just closed: Central Texas Rehabilitation Hospital The JLL Healthcare Capital Markets Group is pleased to announce the sale of Central Texas Rehabilitation Hospital, a freestanding 50-bed inpatient rehabilitation hospital totaling 59,258 rentable square feet in Austin, Texas.  The purpose-built hospital is strategically situated less than one mile northeast of the 447-bed Seton Medical Center Austin Hospital, […]

POST-ACUTE & SENIOR LIVING: Caddis acquires site, plans to develop 105-unit senior housing facility near Milwaukee

POST-ACUTE & SENIOR LIVING: Caddis acquires site, plans to develop 105-unit senior housing facility near Milwaukee

GLENDALE, Wis. – Dallas-based Caddis recently acquired a 12-acre acre parcel in Glendale, just north of Milwaukee, for the development of a 105-unit senior living complex, according to an article in Milwaukee Biz Times.

POST-ACUTE & SENIOR LIVING: Construction is complete on $120 million CCRC in Playa Vista area of Los Angeles

POST-ACUTE & SENIOR LIVING: Construction is complete on $120 million CCRC in Playa Vista area of Los Angeles

LOS ANGELES – Pasadena, Calif.-based C.W. Driver Cos. recently completed construction on the $120 million Fountainview at Gonda Westside, a 460,000 square foot continuing care retirement community (CCRC) in the Playa Vista neighborhood of Los Angeles.

POST-ACUTE & SENIOR LIVING: Work starts on $60 million rehabilitation, skilled nursing facility in White Plains, N.Y.

POST-ACUTE & SENIOR LIVING: Work starts on $60 million rehabilitation, skilled nursing facility in White Plains, N.Y.

WHITE PLAINS, N.Y. – Ground was broken in early September for the future $60 million White Plains Institute for Rehabilitation & Healthcare facility at Baker Avenue and Church Street in White Plains.

POST-ACUTE & SENIOR LIVING: Novant, HealthSouth break ground on $28.3 million rehab hospital in Winston-Salem, N.C.

POST-ACUTE & SENIOR LIVING: Novant, HealthSouth break ground on $28.3 million rehab hospital in Winston-Salem, N.C.

WINSTON-SALEM, N.C. – Construction is underway on a future $28.3 million rehabilitation hospital at 2475 Hillcrest Center Circle in Winston-Salem.

POST-ACUTE & SENIOR LIVING: New rehab concept hits the market

POST-ACUTE & SENIOR LIVING: New rehab concept hits the market

Mainstreet to open at least 12 Rapid Recovery Centers by the end of 2019 By John B. Mugford A new concept in post-acute rehabilitation is in the midst of hitting the market. Carmel, Ind.-based Mainstreet Health Investors has already opened two of its Rapid Recovery Centers, with eight more scheduled to open between now and 2019. The facilities that opened […]

News Release: Sabra Quickly Moves Through Sabra 2.0 With the CCP Acquisition to Sabra 3.0

News Release: Sabra Quickly Moves Through Sabra 2.0 With the CCP Acquisition to Sabra 3.0

Follows Up Announcement of $371 Million Investment in Enlivant Joint Ventures With (1) $430 Million Sale/Leaseback Transaction With a Premier SNF Operator and (2) a Divestiture Plan for Entire Genesis Portfolio in 2018; Reaffirms 2017 Outlook and Updates 2018 Outlook IRVINE, Calif., Sept. 25, 2017 (GLOBE NEWSWIRE) — Sabra Health Care REIT, Inc. (“Sabra,” the “Company” […]

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News Release: Berkadia’s Seniors Housing and Healthcare Group Finances Over $1 Billion in One Day

SEPTEMBER 20, 2017 NEW YORK – September 20, 2017 – Today, Berkadia’s Seniors Housing and Healthcare Group announced the closing of over $1.03 billion in financings in one day. The September 7 financings consisted of two separate transactions. The first financing was over $995 million for Columbia Pacific Advisors’ (CPA) acquisition of Hawthorn Retirement’s properties, and […]

Brookdale Senior Living (Courtesy of JLL)

News Release: Just Closed: Brookdale Senior Living Portfolio Financing

The JLL Seniors Housing and Healthcare Capital Markets Group is pleased to announce the $975 million financing for Brookdale Senior Living, the largest owner and operator of senior living communities throughout the United States.  The first mortgage facility was arranged by JLL with Fannie Mae.  The diverse portfolio includes properties across 16 states with various […]

Matthews  Medical  Office Building (Photo courtesy of CNL)

News Release: CNL Healthcare Properties Sees Significant Income Gains Across Its Portfolio

With opening of new developments, REIT focused on maximizing property performance (ORLANDO, Fla.) Sept. 14, 2017 — CNL Healthcare Properties, a non-traded real estate investment trust (REIT) invested in seniors housing and healthcare properties, continues its focus on maximizing operating performance across its portfolio and completing its most recent expansion project. Reflecting these efforts, the […]

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News Release: Capital One Provides Balance Sheet and Agency Loans Totaling $551 Million to Kayne Anderson for Sentio Purchase

Bethesda, Md. (September 13, 2017) – Capital One announced today that is has provided two loans—a $251 million bridge loan and a $300 million Freddie Mac seniors housing revolving credit facility—to Kayne Anderson Real Estate Advisors (KAREA), enabling it to purchase Sentio Healthcare Properties, a public, nontraded REIT. “Capital One Healthcare’s deep industry expertise, access to […]

News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million

News Release: Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $21.8 Million

SOUTH BEND, Ind.—September 11, 2017—Strawberry Fields REIT LLC (Strawberry Fields), an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., today announced it has acquired a rehabilitation and nursing facility for $21.8 million. This acquisition was financed with a $15 million loan from […]

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News Release: The Congress Companies to Break Ground on $60 Million White Plains Institute for Rehabilitation & Healthcare, White Plains, NY

Design rendering of the new 110,000 s/f White Plains Institute for Rehabilitation & Healthcare in White Plains, NY (Photo: Business Wire) August 30, 2017 10:00 AM Eastern Daylight Time PEABODY, Mass.–(BUSINESS WIRE)–White Plains Healthcare Properties I, LLC has selected The Congress Companies as Developer and the joint venture Congress/Consigli JV as the Construction Manager for […]