News Release: Berkadia Announces Class A Senior Living Sale in Philadelphia MSA
Philadelphia, Pennsylvania – January 6, 2025 – Berkadia, a leader in the commercial real estate industry, announced today the sale of a Class A independent living, personal care, and memory care community in the Philadelphia MSA. Berkadia Seniors Housing & Healthcare, led by Managing Directors Dave Fasano, Ross Sanders, Cody Tremper, and Mike Garbers, closed […]
News Release: Berkadia Secures $29.9M in Financing for Four SeniorsHousing Communities in Three Different States
Richmond, VA and Scottsdale, AZ – January 6, 2025 – Berkadia, a leader in the commercial real estate industry, announced today the financing of four seniors housing communities totaling $29.9 million located in Mississippi, Florida, and Indiana, with all the deals closing since November 2024. In November 2024, Managing Director Steve Muth and Associate Director […]
News Release: Berkadia Announces Seniors Housing Property Sale in Northern California
Sacramento, California – January 3, 2025 – Berkadia, a leader in the commercial real estate industry, announced today the sale of The Woodlake, a 137-unit assisted living and memory care community located in Sacramento, California. Berkadia Seniors Housing & Healthcare, led by Senior Director Brooks Minford, closed the transaction on behalf of the seller, a […]
News Release: Oklahoma City Rehabilitation Hospital Announces Expansion
Dec 26, 2024 OKLAHOMA CITY, OK, UNITED STATES, December 24, 2024 /EINPresswire.com/ — Oklahoma City Rehabilitation Hospital, situated at 10240 Broadway Extension in Oklahoma City and operated by Nobis Rehabilitation Partners, is thrilled to announce a major expansion project. This development will introduce 18 additional patient beds and enhance the nurse station to optimize workflow […]
News Release: Continuum Advisors Facilitates $42M Senior Housing Sale in Chicago
37-acre campus comprised of 283 units, majority Independent Living CHICAGO, Dec. 19, 2024 – Continuum Advisors, a national senior housing investment sales and advisory firm, is pleased to announce the sale of The Oaks at Bartlett, a premier 283-unit senior housing community about 35 miles northwest of downtown Chicago. Built in 2007, the 37-acre interconnected […]
News Release: BMO Healthcare Real Estate Finance provides a $34 Million Credit Facility for Focus Healthcare Partners
BMO’s Healthcare Real Estate Finance group announce that they have closed on a $34 million facility for affiliates of Focus Healthcare Partners LLC to finance the acquisition of Novel Place at Overland Park, a 109k SF, 134-unit independent living community in Overland Park, Kansas, and Novel Place at Blue Springs, a 109k SF, 134-unit independent […]
News Release: JLL closes sale and financing of seniors housing portfolio for Harrison Street and Brightview Senior Living
The eight-property portfolio totals 1,186 units across the Baltimore, Philadelphia, Providence and Boston metropolitan areas BOSTON, Dec. 18, 2024 – JLL’s Capital Markets group announced today that it has completed the sale and financing of an eight-property seniors housing portfolio totaling 1,186 units within four major metropolitan areas in the Mid-Atlantic and Northeast. JLL’s Seniors […]
News Release: Meridian Announces New Major Tenant at Broadway Medical Plaza in Oakland, Calif.
WALNUT CREEK, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that Center for Elders’ Independence (CEI) has signed a lease at Meridian’s recent medical office conversion, “Broadway Medical Plaza.” The plus-minus 60,000-square-foot newly repurposed medical office building is located in the Pill Hill area of […]
News Release: Encompass Health Announces Preliminary Plans to Build a 50-bed Inpatient Rehabilitation Hospital in Bangor
BIRMINGHAM, Ala. and BANGOR, Maine, Dec. 18, 2024 /PRNewswire/ — Encompass Health Corp. (NYSE: EHC) today announced preliminary plans to build a freestanding, 50-bed inpatient rehabilitation hospital to be located at 1017 Union Street in Bangor, Maine. The hospital will serve patients recovering from debilitating illnesses and injuries, including strokes and other neurological disorders, brain […]
News Release: MONTICELLOAM, LLC, Huntington National Bank Provide $400M To Refinance Skilled Nursing Portfolio
New York, NY, December 18, 2024 – MONTICELLOAM, LLC (“MonticelloAM”) announced the closing of a $400,000,000 bridge loan for a 29-facility skilled nursing portfolio. A MonticelloAM firm affiliate acted as Agent, with Huntington National Bank as joint lead arranger. The financing comprised over 2,900 beds across Kentucky and Tennessee. “We are proud to serve as […]
News Release: The Ensign Group Agrees to Add Its First Operations in Alaska and Oregon And Announces Expansion in Washington and California
SAN JUAN CAPISTRANO, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) — The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it has agreed to acquire eight […]
News Release: BMO Healthcare Real Estate acts as Administrative Agent and Arranger for $156,500,000 in bridge financing for Bonaventure Senior Living.
BMO’s Healthcare Real Estate group announces that it closed a $156,500,000 bridge loan for the recapitalization of 5 seniors housing communities totaling over 700 units located in Washington, Oregon, and Colorado. The near-stabilized seniors housing portfolio is owned, operated, and originally developed by Bonaventure Senior Living. Formed in 1999, Bonaventure Senior Living has become a […]
News Release: IRA Capital Expands Senior Housing Platform with $40M Colorado Acquisition and Key Leadership Hire
Irvine, CA – December 12, 2024 – IRA Capital (“IRA”), a leading private equity firm based in Irvine, California, is pleased to announce its $40 million acquisition of Capstone at Centerra (“Capstone”), a premier senior housing community located within the 3,000-acre Centerra master-planned development in Loveland, Colorado. Developed by Hunt Midwest in 2023, Capstone is […]
News Release: BERKADIA Announces Over $60M of Loan Closings
Charleston, South Carolina – December 10, 2024 – Berkadia announced today the financing of three seniors housing communities located in Washington, North Carolina, and California. Managing Director Jay Healy of Berkadia Seniors Housing & Healthcare secured the financings on behalf of the borrowers. In November, Jay Healy closed a $22 million bridge to HUD loan […]
News Release: BMO Healthcare Real Estate acts as Sole Lender of a Term Loan Facility on behalf of Harrison Street and Dial Senior Living.
BMO’s Healthcare Real Estate Finance group announces that it acted as Sole Lender on a term loan refinancing for The Landings, a trophy 142-unit Independent Living, Assisted Living and Memory Care community located in the Chicago MSA. The Landings is managed and operated by Dial Senior Living. Dial and Harrison Street jointly developed the community […]