News Release: Welltower and StoryPoint Senior Living Announce Deepening of Strategic Partnership
NEWS PROVIDED BY Welltower Inc. Mar 06, 2022, 17:00 ET TOLEDO, Ohio, March 6, 2022 /PRNewswire/ — Welltower Inc. (NYSE: WELL) or the “Company” today announced that it plans to expand its strategic partnership with StoryPoint Senior Living (“StoryPoint”), a preeminent senior living operator based in Brighton, Michigan. The Company has agreed to purchase three […]
News Release: MidCap Financial Closes First Mortgage on a Newly Constructed 88-Unit Seniors Housing Asset in Gainesville, GA
PRESS RELEASE BETHESDA, MD, February 23, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with Manor Lake Development LLC. The $18,500,000 floating rate first mortgage loan facilitated the refinance of Manor Lake Gainesville, an 88-unit assisted living and memory care facility located […]
News Release: MidCap Financial Closes $95MM First Mortgage Loan on 14 Asset Seniors Housing Portfolio
PRESS RELEASE BETHESDA, MD, February 16, 2022 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with AlerisLife, formerly known as Five Star Senior Living. The $95MM floating rate first mortgage loan is secured by 14 high-quality senior living communities totaling 1,477 units in […]
News Release: Watercrest Senior Living Group Celebrates Construction Progress at Watercrest Richmond Assisted Living and Memory Care
NEWS PROVIDED BY Watercrest Senior Living Group Feb 14, 2022, 11:13 ET VERO BEACH, Fla., Feb. 14, 2022 /PRNewswire/ — Watercrest Senior Living Group and joint venture partner, Harbert Seniors Housing Fund II are pleased to announce that construction has steadily advanced at the site of Watercrest Richmond Assisted Living and Memory Care in Richmond, Virginia. […]
News Release: IRA Capital pays $106 million for California senior housing assets
January 26, 2022 Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly-constructed Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin (Alameda County) and Novato (Marin County). As one of the most active players in the medical office, life science, […]
News Release: Experience Senior Living Development Announces Second Seniors Housing Development in the RidgeGate Community
FOR IMMEDIATE RELEASE Plans call for a 200-unit, nine-story Independent Living and five-story Assisted Living/Memory Care luxury community in Lone Tree, Colo. LONE TREE and DENVER, Colo., Jan. 20, 2022 – Experience Senior Living Development (ESLD), a NexCore-owned company, announced today that it plans to break ground in Q4 of 2022 on a 200-unit seniors […]
News Release: Hicks Ventures Announces $100 Million Healthcare Development Joint Venture With Artemis Real Estate Partners
Houston, TX (January 13, 2022) — Hicks Ventures, a Houston-based, privately held development company, signed a $100 million joint venture agreement with metropolitan Washington, DC-based Artemis Real Estate Partners (Artemis) to develop national Inpatient Rehabilitation Facilities (IRFs) and Behavioral Health Hospitals (BHHs). “This joint venture will give our Operator Partners surety of close and execution,” […]
News Release: SOLD – Inpatient Rehabilitation Hospital | Coralville, IA
SOLD Coralville Iowa Inpatient Rehabilitation Hospital Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of an inpatient rehabilitation hospital located in Coralville, IA. Mercy Iowa City Rehabilitation Hospital was recently constructed in 2020 in partnership Mercy Iowa City, an affiliate of MercyOne, and Kindred Healthcare to address […]
News Release: Senior Housing Occupancy Increases For Second Consecutive Quarter In Fourth Quarter Of 2021
Senior housing occupancy increased for the second consecutive quarter and rose to 81.0% in the fourth quarter of 2021 in the Primary Markets, a 1.0 percentage point increase from the third quarter and a 2.3 percentage point increase from a pandemic-related low of 78.7% in the second quarter, according to new NIC MAP® data, powered […]
News Release: Rendina, Astrea Development and PAM Health Celebrate Construction Start of Rehabilitation Hospital in Jupiter, Fla.
FOR IMMEDIATE RELEASE JUPITER, Fla., Dec. 15, 2021 – Rendina Healthcare Real Estate and Astrea Development recently began construction on a 42-bed licensed inpatient rehabilitation in Jupiter. Located in a desired section of Jupiter known as Abacoa, the 48,941-square-foot facility will be across the street to the south of Rendina’s headquarters on approximately 5 acres […]
News Release: NexCore Group Names Jeanette Allen VP Health and Wellness of its Experience Senior Living entity
FOR IMMEDIATE RELEASE Ms. Allen brings more than 30 years of senior living experience to the Denver-based real estate development firm, including roles at Balfour Senior Living, Senior Lifestyle Corp. and other firms DENVER, Dec. 8, 2021 – Denver-based NexCore Group, a national healthcare, life sciences and senior living real estate (HRE) developer, today announced […]
News Release: Ryan Companies and Grand Living Management Launch Construction on Grand Living at Naples
TAMPA, FLA. ( DEC 03, 2021 ) Ryan and Grand Living Management will fulfill a strong demand for senior living in Naples, Fla. with Grand Living at Naples. According to Moore Diversified Services, Inc., the 75+ age group is strong in the Naples Market and accounted for 17.5% of the total population in 2020 compared […]
News Release: NexCore Group Names Industry Veteran Phillip Barklow as its President of Experience Senior Living
FOR IMMEDIATE RELEASE Mr. Barklow joins the Denver-based real estate development company as the latest chapter in a long and successful career in the senior living space, after roles at Balfour, Atria and other firms Phillip Barklow has joined NexCore Group as President of its Experience Senior Living entity DENVER, Nov. 9, 2021 – Denver-based […]
News Release: Welltower Reports Third Quarter 2021 Results
NEWS PROVIDED BY Welltower Inc. Nov 04, 2021, 16:06 ET TOLEDO, Ohio, Nov. 4, 2021 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended September 30, 2021. Recent Highlights Reported net income attributable to common stockholders of $0.42 per diluted share Reported normalized FFO attributable to common stockholders of $0.80 per diluted share Seniors Housing Operating (“SHO”) portfolio occupancy increased approximately 210 […]
News Release: MidCap Financial Closes First Mortgage Loan on 92-Unit Seniors Housing Community on St. Simon’s Island, GA
PRESS RELEASE BETHESDA, MD, October 5, 2021 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with Winterpast Capital Partners, Broadview Real Estate Partners and Vitality Senior Living. The $14.25MM floating rate first mortgage loan facilitated the acquisition and repositioning of Vitality at Frederica, […]