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 […]
News Release: Inspirit Senior Living and Venue Capital Continue Expansion in Tennesse With Knoxville Acquisition
MCLEAN, Va., August 29, 2022 (Newswire.com) – Inspirit Senior Living (“Inspirit”) and Venue Capital (“Vencap”) continue to expand in Tennessee, with their third property acquisition in the Knoxville MSA in the past three months. Formerly operated by a local single property owner and operator, this new Inspirit Senior Living community is now recognized as Windsor […]
News Release: Senior housing community near Orlando secures $37.75M financing
JLL Capital Markets arranged financing for The Glades at ChampionsGates on behalf of Fortress Investment Group ORLANDO – August 29, 2022 – JLL Capital Markets announced today that it has arranged $37.75 million in financing for The Glades at ChampionsGates, a luxury 223-unit senior living community in the Orlando suburb of ChampionsGate, Florida. JLL worked […]
News Release: First-of-its-Kind Mixed-Use Development by Belmont Village Senior Living and Baptist Health South Florida Reaches Construction Milestone in Coral Gables
CORAL GABLES, Fla., August 25, 2022, (BUSINESS WIRE)–Award-winning senior housing developer and operator Belmont Village Senior Living and renowned healthcare organization Baptist Health South Florida announce the topping out of Belmont Village Senior Living Coral Gables on August 25, located at 4111 Salzedo Street. Opening in 2023, this community represents an unprecedented joint venture to […]
News Release: SRS’ National Net Lease Group Brokers $46.7 Million Off-Market Sale of a Skilled Nursing Facility in Fort Myers, FL
This transaction marks the largest for a medical or office property in Lee County year-to-date Fort Lauderdale, FL (August 25, 2022) – SRS Real Estate Partners’ National Net Lease Group (NNLG) announced today it has completed the $46.7 million off-market sale of a single-tenant medical facility occupied by Lee Memorial Health System’s Gulf Coast Medical […]
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 […]