News Release: Hunt Deal News
Hunt Mortgage Group Refinances an Affordable Senior Housing Property Located in Montebello, California Total funding equals $20 million Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it provided a loan in the amount of $20 million to refinance an affordable senior housing property located in Montebello, California. Beverly […]
News Release: Griffin-American Healthcare REIT IV Acquires Assisted Living Facility in Beaumont, Texas for $19.5 Million
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 an assisted living facility located in Beaumont, Texas for $19.5 million. Situated on 4.38 acres of land, Pinnacle Beaumont Assisted Living Facility is comprised of 79 units and consists of approximately […]
News Release: MedEquities Realty Trust Purchases an Inpatient Rehabilitation Hospital to be Operated by Vibra Healthcare for $23.4 Million
NASHVILLE, Tenn., June 28, 2018 /PRNewswire/ — MedEquities Realty Trust, Inc. (NYSE: MRT) announced that it has acquired Southern Indiana Rehabilitation Hospital, a 60-bed inpatient rehabilitation facility (IRF) located in the Louisville, Kentucky suburb of New Albany, Indiana, for $23.4 million. The Company concurrently executed a 15-year triple-net lease of the IRF with Vibra Rehabilitation […]
News Release: Welltower and Brookdale Senior Living Enter Into Broad Collaborative Relationship Restructuring
Welltower’s overall Brookdale concentration is expected to decrease from 7.6% to 2.9% of In-Place NOI, while improving lease coverage on the remaining Brookdale portfolio to 1.31x EBITDAR. Provides a right sized long-term relationship with Brookdale that could allow for additional future growth opportunities. Initiates a new RIDEA joint venture with Pegasus Senior Living led by […]
News Release: Birmingham-Based Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital
FOR IMMEDIATE RELEASE For more information, contact: June 21, 2018 Krista Conlin, 205-937-3777 The Sanders Trust announces grand opening of Des Moines, Iowa development Mercy Rehabilitation Hospital is Iowa’s First free-standing Rehabilitation Hospital Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the grand opening […]
News Release: Leading National Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital
Leading National Healthcare Real Estate Company Announces Grand Opening of Iowa’s First Rehabilitation Hospital Mercy Rehabilitation Hospital is Iowa’s First free-standing Rehabilitation Hospital The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, is pleased to announce the grand opening of Iowa’s first and only freestanding rehabilitation hospital, Mercy Rehabilitation Hospital in […]
News Release: Deal: Capital One Closes $65 Million Loan to Holiday Retirement to Recapitalize Two Senior Housing Facilities
Capital One Closes $65 Million Loan to Holiday Retirement to Recapitalize Two Senior Housing Facilities Capital One announced today that it provided a $65 million adjustable-rate loan to Holiday Retirement to recapitalize two senior housing facilities that it owns and operates. Located in Cincinnati, Ohio, and Austin, Texas, the properties comprise 412 units, of which 379 are […]
News Release: HFF announces capital raise for The Vineyards at Brookfield in Long Island
Holliday Fenoglio Fowler, L.P. (HFF) announces the capital raise for The Vineyards of Brookfield, a to-be-built, 146-home, age-restricted (55+) townhome community with a total project cost of $58 million in the Long Island community of Center Moriches, New York. The HFF team worked on behalf of the developer, Ornstein Leyton Company (OLC), to secure an […]
News Release: HarborChase of South Oklahoma City Project Breaks Ground
Retirement Associates, Confluent Senior Living Enter into Oklahoma Market to Deliver Senior Living Community Project partners Confluent Senior Living and Harbor Retirement Associates (HRA) are pleased to announce the start of construction on HarborChase of South Oklahoma City, a 102,000-square-foot assisted living and memory care community. Marking the first Oklahoma development for both Confluent Senior […]
News Release: Deal: Capital One Closes $9.3 Million Fannie Mae Loan to Refinance Texas Assisted Living Community
Capital One Closes $9.3 Million Fannie Mae Loan to Refinance Texas Assisted Living Community Capital One announced today that it provided a $9.3 million Fannie Mae fixed-rate loan to refinance The Arbor Assisted Living and Memory Care, a 59-unit seniors housing facility in Nacogdoches, Texas. The sponsor, Prevarian Senior Living, is using the proceeds to retire existing […]
News Release: Griffin-American Healthcare REIT IV Enters Agreement to Acquire Portfolio of Skilled Nursing Facilities in Missouri for $88.2 Million
Griffin-American Healthcare REIT IV Enters Agreement to Acquire Portfolio of Skilled Nursing Facilities in Missouri for $88.2 Million American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has entered into an agreement to acquire a portfolio of skilled nursing facilities located throughout the state […]
News Release: HCP Achieves Additional Milestones on Previously Announced Brookdale Transactions
News Release Issued: Jun 5, 2018 (6:00am EDT) To view this release online and get more information about HCP Investor Relations visit: http://ir.hcpi.com/2018-06-05-HCP-Achieves-Additional-Milestones-on-Previously-Announced-Brookdale-Transactions Closed on the Sale of RIDEA II to Columbia Pacific Advisors for $332 Million Under Contract to Sell a Portfolio of Brookdale Communities for $428 Million IRVINE, Calif., June 5, 2018 /PRNewswire/ […]
News Release: ESI Arranges Sale of Arkansas Seniors Housing Portfolio for $38M
Evans Senior Investments (ESI) successfully represented the sale of two seniors housing facilities in Arkansas for approximately $37,965,000 ($183,000 price per unit). The portfolio consisted of two facilities encompassing 208 total seniors housing units (56 independent living cottages, 116 assisted living units, and 36 memory care units). The two facilities were located approximately 10 miles […]
News Release: HFF announces sale and financing for suburban Atlanta seniors housing community
Holliday Fenoglio Fowler, L.P. (HFF) announces the sale and financing for Village Park at Alpharetta, a newly built, 127-unit luxury seniors housing community in the Atlanta suburb of Alpharetta, Georgia. The HFF team marketed the property on behalf of the seller, Village Park Senior Living. Harbert Management Corporation purchased the offering free and clear of […]
Post-Acute & Senior Living: Senior housing occupancy falls in Q1
But NIC says occupancies for assisted living are likely to rebound in the second quarter By John B. Mugford The occupancy rates for senior housing properties continue to drop, as the national average fell to 88.3 percent in the first quarter (Q1) of 2018. That represents a drop of 0.5 percent from Q4 2017 and […]