Breaking News: Capital Real Estate Group Announces Sale of Two-Property Senior Housing Portfolio
CENTRAL MICHIGAN, Aug. 23, 2022 — Capital Real Estate Group’s – U.S. Healthcare Investment Sales practice is pleased to announce the sale of a two-property senior housing portfolio consisting of 139 units that span over 126,000 square feet. The portfolio is located in central Michigan where the two communities are located adjacent to one another and […]
News Release: ESI Arranges the Sale of Two Senior Living Communities in Michigan for $38,250,000
Detroit, Michigan – August 18, 2022 – Evans Senior Investments (ESI) successfully represented the sale of two assisted living and memory care communities located in the northern suburbs of Detroit for $38,250,000 or $314,000 per unit. With each community being built between 2019 and 2020, the portfolio offered the opportunity for the buying group to […]
News Release: Sila Realty Trust, Inc. Acquires Escondido Inpatient Rehabilitation Facility from Harrison Street for $63.4 Million
August 08, 2022 01:50 PM Eastern Daylight Time TAMPA, Fla. & CHICAGO–(BUSINESS WIRE)–Sila Realty Trust, Inc., a public, non-traded real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of an inpatient rehabilitation facility located in Escondido, California (the “Escondido IRF”) from Harrison Street, […]
News Release: H2C Secures Capital for Behavioral Health Facility Redevelopment
NEW YORK, July 28, 2022 — H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory firm, served as the exclusive advisor to AM Behavioral Health, LLC, a joint venture between the principals of Meridian Senior Living, LLC and Midwest Behavioral Management, LLC (“Sponsorship”), to secure equity and debt for the conversion of a senior living community […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of TGH Rehabilitation Hospital for $51.2 Million
July 21, 2022 10:24 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company”), a public, non-traded real estate investment trust focused on investing in high quality healthcare properties along the continuum of care, today announced the acquisition of an inpatient rehabilitation facility (the “TGH Rehabilitation Hospital” or “Tampa IRF”) located in Tampa, […]
News Release: Transitional care facility southwest of Dallas sells
JLL Capital Markets led the sales effort for Methodist Transitional Care Center, a 100-bed, long-term care facility DALLAS, July 13, 2022 – JLL Capital Markets announced today that it has closed the sale of Methodist Transitional Care Center, a 100-bed, 66-unit, transitional care facility in the Dallas suburb of DeSoto, Texas. JLL represented the seller, […]
News Release: Dwight Capital & Dwight Mortgage Trust Close Q2 2022 with $297.6MM in Seniors & Healthcare Financings
July 12, 2022 10:01 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Dwight Capital and its mortgage REIT affiliate, Dwight Mortgage Trust, financed $297.6MM in seniors and healthcare financings during Q2 2022. Featured among the transactions are bridge loans for Daughters of Miriam Center, Riverfront Rehabilitation and Healthcare Center, and an 8-property Skilled Nursing Facility (“SNF”) portfolio […]
News Release: Dwight Capital and Dwight Mortgage Trust Finance $377MM in June 2022
July 11, 2022 10:06 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Dwight Capital and its mortgage REIT affiliate, Dwight Mortgage Trust, closed $377MM of loans in the month of June. Featured among those transactions are HUD 223(f) loans for Country Club Lakes Apartments and Winchester Place Apartments, and a bridge acquisition loan for Beachside Center for […]
News Release: Assisted living community near San Francisco trades for $39.2M
JLL Capital Markets led the sales efforts for Cortona Park on behalf of Northwestern Mutual SAN FRANCISCO, June 29, 2022 – JLL Capital Markets announced today that it has closed the $39.2 million sale of Cortona Park, an assisted living community in Brentwood, California. JLL represented the seller, Northwestern Mutual, in the sale of the […]
News Release: Inspirit Senior Living and Venue Capital Add to Tennessee Senior Living Portfolio
MCLEAN, Va., June 27, 2022 (Newswire.com) – Inspirit Senior Living (“Inspirit”) and Venue Capital (“Vencap”) co-sponsored a joint venture to acquire a portfolio of two properties located in the Knoxville, Tennessee MSA. Formerly operated by a national operator, these new Inspirit Senior Living communities are now individually recognized as Rain Forest Landings in Knoxville, TN, […]
News Release: H2C Executes $35M in Financings for Regional Senior Living Owner/Operator
NEW YORK, June 27, 2022 — H2C Securities Inc. (“H2C”), a healthcare focused strategic advisory firm, served as the exclusive advisor to Mainstay Senior Living (“Mainstay”) to secure financing for a pipeline of acquisitions, ground-up development projects, and refinancings. Director Matthew Tarpley and Vice President Mitch Levine led the transactions for H2C. The […]
News Release: Cushman & Wakefield Arranges $97.5M Sale of Full Continuum Property in Hamilton, New Jersey
Hamilton, NJ – June 24, 2022 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of Homestead at Hamilton, a 195-unit independent living, assisted living and memory care community in Hamilton, New Jersey. The final sale price was $97,500,000. The community, which was leased to nearly 100% occupancy […]
News Release: Cushman & Wakefield Arranges $97.5M Sale of Full Continuum Property in Hamilton, New Jersey
Hamilton, NJ – June 24, 2022 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of Homestead at Hamilton, a 195-unit independent living, assisted living and memory care community in Hamilton, New Jersey. The final sale price was $97,500,000. The community, which was leased to nearly 100% occupancy […]
News Release: Ascension Saint Thomas and Kindred Rehabilitation Services Open New Rehabilitation Hospital in Nashville
40-bed specialty hospital will offer advanced inpatient rehabilitation services to meet the growing needs of Middle Tennesseans. June 17, 2022 01:15 PM Eastern Daylight Time NASHVILLE, Tenn.–(BUSINESS WIRE)–Ascension Saint Thomas and Kindred Rehabilitation Services, a business unit of Brentwood, Tennessee-based LifePoint Health, today opened Ascension Saint Thomas Rehabilitation Hospital at 310 21st Avenue North on […]
News Release: Arroyo Grande Community Hospital Partners with Kindred Rehabilitation Services for New Inpatient Rehabilitation Hospital
New facility will double the occupancy of the current rehabilitation center June 13, 2022 12:30 PM Eastern Daylight Time ARROYO GRANDE, Calif.–(BUSINESS WIRE)–Arroyo Grande Community Hospital (AGCH) and Kindred Rehabilitation Services (KRS), a business unit of LifePoint Health, today announced a joint venture to build and operate a new inpatient rehabilitation hospital on Dignity Health’s […]