News Release: Dwight Capital & Dwight Mortgage Trust Close Over $191MM in Seniors & Healthcare Financing During Q4 2022
NEW YORK–(BUSINESS WIRE)–Dwight Capital and its affiliate REIT, Dwight Mortgage Trust, financed over $191MM in seniors and healthcare financing during Q4 2022. Featured among the transactions are bridge loans for a Skilled Nursing Facility (“SNF”) Portfolio in Florida and a SNF Portfolio in Georgia. Dwight closed a $39MM bridge loan to facilitate the acquisition of […]
News Release: Done Deal: Blueprint Shops Local
Blueprint assists publicly traded REIT in divesting a non-strategic Seniors Housing community in the Tampa, Florida MSA The asset is located in the densely populated and growing St. Petersburg submarket and offered 57 units of both Assisted Living and Memory Care … Originally constructed in the 1960s, the community was positioned as one of the […]
News Release: $51.8M financing secured for seniors housing community in Albuquerque
$51.8M financing secured for seniors housing community in Albuquerque SEATTLE, Jan. 11, 2023 – JLL Capital Markets announced today that it has arranged $51.8 million in construction financing for the development of Ativo of Albuquerque, a three-story, 144-unit senior living community in Albuquerque, New Mexico. JLL represented the borrower, Link Senior Development, LLC in […]
News Release: Done Deal: Selling Sunset
Blueprint successfully represented a Los Angeles-based family office in the divesture of The Rehabilitation Center of Beverly Hills, a trophy, purpose-built, 150-bed skilled nursing facility in Los Angeles, CA The Rehabilitation Centre of Beverly Hills is a premier, state-of-the-art, all Medicare nursing facility located near Cedars-Sinai Medical Center– one of the most prestigious hospitals in […]
News Release: Regional Health Properties Receives Notice of Non-Compliance From NYSE American
04:05 PM Eastern Standard Time ATLANTA, January 06, 2023, (BUSINESS WIRE)–Regional Health Properties, Inc. (“Regional” or the “Company”) (NYSE American: RHE) (NYSE American: RHE-PA) announced today that the Company received a notice from NYSE American on January 3, 2023 that the Company is not in compliance with the continued listing standard set forth in Section […]
News Release: MidCap Financial Closes First Mortgage Loan on a Portfolio of Six Seniors Housing Properties
BETHESDA, MD, January 4, 2023 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with a joint venture between NexCore Group (“NexCore”) and an affiliate of Heitman LLC (“Heitman”). The floating rate first mortgage loan facilitated the recapitalization of six modern, high end seniors […]
News Release: DONE DEAL – Hartford-Metro Hat Trick
Blueprint maintains position as leading advisor in New England through successful skilled nursing portfolio sale process Blueprint was selected to advise a joint venture owner on the strategic sale of a three-facility, 380-bed skilled nursing portfolio in central Connecticut Located northeast of the Hartford metro area, the facilities had historically maintained stable census levels with […]
News Release: Cushman & Wakefield Arranges Sale of Bella Vista, a Value-Add Independent Living and Assisted Living Community in Mesa
Mesa, AZ – October 24, 2022 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of Bella Vista, a 188-unit independent living and assisted living community located in Mesa, Arizona. Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Sam Dylag and Jack Griffin represented the sellers, a […]
News Release: STAN JOHNSON COMPANY ARRANGES 1031 EXCHANGE OF FORT MYERS, FLORIDA NURSING FACILITY FOR $46.7 MILLION
FORT MYERS, Fla., Oct. 3, 2022 — Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a four-star skilled nursing facility located at 13960 Plantation Road in Fort Myers, Florida. The 57,650-square-foot building is fully leased to Lee Memorial Health, a Southwest Florida community-owned health system. The […]
News Release: $61M construction loan secured for suburban Dallas seniors housing development
JLL Capital Markets arranged the financing for The Preserve at Spring Creek, a 230-unit senior living community in Garland, TX SEATTLE – September 19, 2022 – JLL Capital Markets announced today that it has arranged $61 million in construction financing for the development of The Preserve at Spring Creek, a 230-unit assisted living, memory care […]
News Release: Seniors housing community in Dallas-Fort Worth suburb sold
JLL Capital Markets closed the sale of the 75-unit Quail Park of Granbury in Granbury, TX DALLAS, September 12, 2022 – JLL Capital Markets announced today that it has closed the sale of Quail Park of Granbury, a 75-unit independent living, assisted living and memory care community in Granbury, Texas, a growing suburb of Dallas-Fort […]
News Release: LTC Completes $62 Million Joint Venture Investment for Purchase of Three Skilled Nursing Centers
— Centers Operated by Partner New to LTC — WESTLAKE VILLAGE, Calif., Sept. 12, 2022–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced a joint venture investment for the purchase of three skilled nursing centers, operated by a partner new to […]
News Release: Experience Senior Living community in Naples will meet need for housing in fast-growing city
Latest development from ESL planned to break ground in Naples, Fla. in Q4 2022 DENVER, Sept. 7, 2022 /PRNewswire/ — Experience Senior Living (ESL) is creating communities with purpose across the U.S. and will soon break ground on a new luxury community in Naples, Fla. located at 8480 Rattlesnake Hammock Road. The Gallery at Naples […]
News Release: MidCap Financial Closes First Mortgage Loan on a 223-unit Seniors Housing Community
BETHESDA, MD, September 7, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The $37,750,000 floating rate first mortgage loan facilitated the acquisition of a 223-unit (121 IL, 66 AL, 36 MC) […]
News Release: Cushman & Wakefield Arranges Sale of 187-Unit Class A Senior Housing Asset in Walnut Creek, California
Walnut Creek, CA – August 29, 2022 – Cushman & Wakefield, as exclusive advisor to a joint venture between Kisco Senior Living and an institutional investor, has arranged the recapitalization of Byron Park, a well-established and upscale senior housing asset located in the Bay Area submarket of Walnut Creek, California. The community was recapitalized by […]