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 […]
News Release: ESI Arranges the Sale of Minnesota Skilled Nursing Facility
Minnesota – Evans Senior Investments (ESI) has successfully arranged the sale of a skilled nursing facility in the state of Minnesota. The institutional owner enlisted ESI to manage the transaction as part of their capital redeployment strategy. The process generated significant interest, ultimately leading to its acquisition by a regional owner-operator with an existing footprint […]
News Release: NexCore Group and Experience Senior Living Break Ground on a 15-story, Luxury Senior Living Community in Falls Church, Virginia.
The Reserve at Falls Church will feature 215 luxury apartments, including independent living, assisted living, and memory care, located in the highly anticipated West Falls mixed-use neighborhood. Denver, CO, December 10, 2024 – NexCore Group, a privately-owned diversified healthcare real estate development, investment, and management company with a national footprint spanning 29 states, and its […]
News Release: The Sanders Trust Completes Development of 66,000-sq. ft. Rehabilitation Hospital
Grand Opening for Mercy Health Rehabilitation Hospital in Youngstown, Ohio Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the recent completion of the Mercy Health Rehabilitation Hospital located in Youngstown, Ohio, which officially opened its doors to care for its first […]
News Release: CareTrust REIT Acquires Midwest Skilled Nursing Portfolio for Approximately $97 Million; Announces Phase 1 Closing of Tennessee Acquisition
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 46-facility, 3,820-bed/unit skilled nursing and seniors housing portfolio located in the Midwest for a total investment amount of approximately $97 million (inclusive of transaction costs). Seven of the 46 facilities acquired are skilled nursing and assisted living campuses and an additional […]
News Release: ESI Arranges the Sale of a County-Owned Skilled Nursing Facility in Rural Tennessee
Dresden, Tennessee – Evans Senior Investments (ESI) has successfully arranged the sale of Weakley County Rehabilitation and Nursing Center, a 136-bed skilled nursing facility in Dresden, Tennessee. Acting as the exclusive advisor to the Weakley County Commission, ESI managed the transaction from start to finish. Originally built in 1958, with expansions over the years, the […]
News Release: ESI Facilitates a $500.9 Million Sale of 31-Facility Skilled Nursing Portfolio Across the Southeast
Southeast, United States– Evans Senior Investments (ESI) has successfully brokered one of the most significant skilled nursing transactions in recent years, a $500,879,000 sale of a 31-facility skilled nursing portfolio in T ennessee and Alabama, totaling 3,290 licensed beds at an average price of $152,242 per bed. About Evans Senior Investments Evans Senior Investments (ESI) […]
News Release: Ventas Comments on Master Lease with Brookdale Senior Living
CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that Brookdale Senior Living (“Brookdale”) did not exercise its right to extend the term of the Master Lease between the companies (the “Master Lease”) for a renewal term commencing January 1, 2026. Thus, Brookdale no longer has a right to extend the lease term […]
News Release: Anchor Health Properties Marks Construction Commencement of a New 120-Bed, 127,942 Square Foot Nursing Facility in Shoreline, Washington through a Public-Private Partnership
FOR IMMEDIATE RELEASE December 2, 2024 (Shoreline, Washington) In support of the company’s mission to pursue better healthcare through real estate solutions, Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical outpatient buildings and specialty healthcare facilities, recently commenced construction on a new 3-story, 120-bed, […]
News Release: JLL and HJ Sims secure $473M tax-exempt and taxable bond financing to facilitate California seniors housing rental development
The James is a luxury rental, 350-bed Independent Living, Assisted Living and Memory Care community to be built in Irvine, California NEWPORT BEACH, Calif., Dec. 2, 2024 – JLL’s Capital Markets group and HJ Sims announced today that they have arranged $473 million in tax exempt and taxable bond financing for the ground-up development of The […]
News Release: Berkadia Secures $71.26M to refinance a senior living community in Greensboro, North Carolina
FOR IMMEDIATE RELEASE Greensboro, North Carolina – November 25, 2024 – Berkadia announced today the refinancing of Abbotswood at Irving Park, a senior living community in Greensboro, North Carolina. Managing Directors Austin Sacco and Steve Muth, along with Senior Director Garrett Sacco and Assistant Vice President Alec Rosenfeld of Berkadia Seniors Housing & Healthcare, secured […]