News Release: HFF announces financing for senior housing development in Denver, Colorado
Dallas, TX – August 23, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces construction financing for the development of Solera at Cherry Creek, a Class A seniors housing development in the Cherry Creek neighborhood of Denver, Colorado. The HFF team worked on behalf of the developer, a joint venture between affiliates of Banner Senior, LLC, […]
News Release: ESI Arranges Sale of Arizona Skilled Nursing Facility for $15M
Tucson, AZ – August 20th, 2018 – Evans Senior Investments (ESI) successfully represented the sale of Avalon Southwest Health & Rehabilitation, a 211-bed skilled nursing facility in Tucson, for $15 million or $71,000 per bed. Built in 1983, the facility was managed by Avalon Healthcare. Located in southern Tucson with 211 operating beds, it was Avalon’s […]
News Release: Ventas to Acquire Distinctive Seniors Housing Community in Manhattan
News Release — Ventas, Inc. (NYSE: VTR) announced today that it has signed a definitive agreement to acquire a premier seniors housing community (“Battery Park” or the “Community”) located in the appealing Battery Park City neighborhood of downtown Manhattan for approximately $194 millionfrom Brookdale Senior Living (“Brookdale”). “The Battery Park acquisition firmly establishes Ventas as the market […]
News Release: Birmingham-Based Leading Healthcare Real Estate Company Announces $24 Million Acquisition in Tulsa, Oklahoma
The Sanders Trust Acquires $24.5 Million Tulsa, Oklahoma Rehabilitation Hospital Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, announced a $24.5 million acquisition in Tulsa, Oklahoma in July 2018. Built in 2017, PAM (Post Acute Medical) Rehabilitation Hospital is a state-of-the-art, 40-bed inpatient rehabilitation hospital. With over […]
News Release: UC Davis Announces New Second Hospital on University’s Sacramento Campus
Joint Venture, Inpatient Rehab Hospital Is First Aggie Square Project Sacramento, Calif. – The University of California, Davis, today announced that along with Kindred Healthcare, it will construct and operate a second hospital on its downtown Sacramento campus to provide more inpatient rehabilitation services in Sacramento County. The facility will provide care for twice as […]
News Release: Construction has Commenced on new Atlantic Health Rehabilitation Institute!
PRESS RELEASE: The Atlantic Rehabilitation Institute for Atlantic Health System and Kindred Healthcare in Madison, NJ. Madison, NJ, and INDIANAPOLIS, August 7, 2018 – Bremner Real Estate is pleased to announce that construction has commenced for the joint venture between Atlantic Health and Kindred Healthcare. The Indianapolis-based healthcare real estate developer states the development is a […]
News Release: Griffin-American Healthcare REIT IV Acquires 53-Unit Assisted Living Facility Near St. Louis
ST. LOUIS (August 6, 2018) – American Healthcare Investors, LLC and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Pinnacle Warrenton Assisted Living Facility, a 53-unit assisted living facility located in the St. Louis suburb of Warrenton, Missouri, for $8.1 million. The acquisition was completed pursuant to […]
News Release: Capital One Closes $36.6 Million Loan to Meridian Senior Living for Acquisition of Ohio Senior Housing Facilities
Capital One Closes $36.6 Million Loan to Meridian Senior Living for Acquisition of Ohio Senior Housing Facilities Bethesda, Md. (July 25, 2018) – Capital One announced today that it provided a $36.6 million adjustable-rate loan to finance the acquisition of a portfolio of three senior housing communities in Ohio. The properties were developed by Alcore Senior, which […]
News Release: Hoffman Facility Opening
Minnewaska Community Health Completes Hoffman Project Hoffman, Minn., (July 23, 2018) – Minnewaska Community Health Services (MCHS) is proud to announce the opening of its newest facility, Hoffman Senior Living, which is committed to serving those living in Hoffman, Minn., and the surrounding area. Hoffman Senior Living is a one-story facility offering 10 assisted living units […]
Post-Acute & Senior Living: Confluent, Harbor Retirement start work on Memphis, Tenn.-area senior community
Denver-based Confluent Senior Living and Vero Beach, Fla.-based Harbor Retirement Associates (HRA) have started construction on the three-story, 123-unit Harbor Chase of German town assisted
News Release: It’s a Done Deal: Fieldhome
Raymond James advises Fieldhome on the sale of its Skilled Nursing Facility, Assisted Living Facility and Children’s Day Care Program to Personal Healthcare Net transaction proceeds were contributed to the Field Hall Foundation, which Fieldhome will continue to operate, enabling Fieldhome to continue its mission through the provision of grants to area programs that address […]
News Release: MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community
MorningStar Senior Living, Confluent Senior Living Begin Construction on Happy Valley Community Project Partners Begin Second Development in Metro Portland Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on a new 83,300-square-foot senior living community in Happy Valley, Ore. Named MorningStar of Happy Valley, the development in the southeastern suburb of Portland will […]
News Release: Leading National Healthcare Property Company Acquires $27 Million Rehabilitation Hospital in Texas
The Sanders Trust acquires $27 Million Rehabilitation Hospital in Texas The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, recently announced a $27 million acquisition in Kyle, Texas. Warm Springs Rehabilitation Hospital is a two-story rehabilitation hospital that totals 54,500 rentable square feet and is the only freestanding, licensed rehabilitation hospital […]
News Release: Tryko Partners/Marquis Health Services Expands Skilled Nursing Presence in Baltimore Region with Two Facility Acquisitions
Tryko Partners/Marquis Health Services Expands Skilled Nursing Presence in Baltimore Region with Two Facility Acquisitions Upgrades, New Programs Set to Launch at Properties in Catonsville and Towson Tryko Partners LLC has expanded its presence in the Baltimore-area skilled nursing community with the acquisitions of two facilities totaling 254 beds. Marquis Health Services, the firm’s healthcare […]
News Release: ESI Arranges Sale of North Carolina Skilled Nursing Facility for $7.0M
Evans Senior Investments (ESI) successfully represented the sale of Gastonia Care and Rehab, a 118-bed skilled nursing facility in North Carolina for $7.0 million, or $59,000 per bed. Located within a tertiary market outside of Charlotte, Gastonia Care and Rehab was operated by a national operator. At the time of the sale, the facility averaged […]