News Release: ESI Sells Senior Living Community in Iowa
Mason City, Iowa – June 2025 – Evans Senior Investments (ESI) successfully facilitated the sale of Country Meadow Place for the second time in just 18 months, achieving a purchase price of $15,150,000, or $270,535 per unit. ESI was engaged by the buyer from 2024, a regional owner-operator. At the time of marketing, the property […]
News Release: First Citizens Bank Arranges $270 Million in Financing for Healthcare Facilities Acquisition
NEW YORK, N.Y. — June 24, 2025 — First Citizens Bank today announced that its Healthcare Finance business arranged $270 million in financing to support the acquisition of 30 healthcare facilities across Idaho, Oregon, Washington, Montana and Arizona. The properties have historically been and continue to be operated by Cascadia Healthcare and its affiliate Olympus […]
News Release: Four Seniors Housing Communities, HI, TX, WA | Financed by Berkadia 2025
Berkadia Closes Four HUD 232/223F Loans for $64.4M in Total Financings Charleston, South Carolina – June 23, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today that within the past 30 days, Managing Director Jay Healy and Director Andrew Lanzaro of Berkadia Seniors Housing & Healthcare have closed four HUD […]
News Release: Berkadia Negotiates Seniors Housing Community Sale in Miami, Florida
Miami, Florida – June 20, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of The Oasis at Coral Reef, a 201-unit independent living, assisted living, and memory care community in Miami, Florida. Managing Directors Ross Sanders, Dave Fasano, Cody Tremper, and Mike Garbers of Berkadia Seniors Housing […]
News Release: Diversified Healthcare Trust Closes $94 Million of Mortgage Financings Secured by Six SHOP Communities
Financing Proceeds and Cash on Hand Will Repay in Full the Remaining Outstanding June 2025 Senior Notes NEWTON, Mass.–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has closed two fixed rate mortgage financings totaling $94.3 million, secured by six senior housing communities managed by Five Star Senior Living, the operating division of AlerisLife […]
News Release: CareTrust REIT Acquires Pacific Northwest Portfolio for Approximately $146 Million
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) (“CareTrust” or the “Company”) announced today that, together with a joint venture partner, it has acquired a portfolio of skilled nursing facilities located in the Pacific Northwest for a total purchase price of approximately $146 million, inclusive of transaction costs. The portfolio consists of 10 facilities comprising 911 […]
News Release: The Sanders Trust Breaks Ground on New Rehabilitation Hospital
Groundbreaking for 58,000-sq. ft. Facility in Milwaukee, Wisconsin Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the recent groundbreaking for a new rehabilitation hospital in Milwaukee, Wisconsin, in partnership with Lifepoint Rehabilitation, a business unit of Lifepoint Health. The Sanders Trust […]
News Release: Two Assisted Living and Memory Care Communities, FL | Sold by Berkadia 2025
Berkadia Announces Sale of Senior Living Pair in Florida Orlando, Florida – May 5, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the successful sale of two senior living communities located on Florida’s east coast. Managing Directors Mike Garbers, Cody Tremper, Dave Fasano, and Ross Sanders of Berkadia Seniors […]
News Release: $134.255M in tax-exempt bond financing secured for premier seniors housing development
JLL and HJ Sims arranged the financing for Millenia Moments Orlando, a 261-unit community to be built in Orlando, Florida ORLANDO, May 5, 2025 – JLL and HJ Sims announced today that they have arranged $134.255 million in tax-exempt bond financing for Millenia Moments Orlando, a 261-unit seniors housing community to be built in Orlando, […]
News Release: PACE Facility in Fresno trades on behalf of Turner Impact Capital
JLL Capital Markets led the sales efforts for the Class A WelbeHealth Fresno Center LOS ANGELES, Apr. 30, 2025 – JLL Capital Markets announced today that it has completed the sale of WelbeHealth Fresno Center, an 18,869-square-foot, Class A PACE medical facility in Fresno, California. JLL represented the seller, Turner Impact Capital’s Turner Healthcare […]
News Release: Florida Healthcare Construction Heats Up as Exalt Health and Catamount|Freese Johnson JV Break Ground for Three New Locations
TAMPA, FL (April 23, 2025) – Construction is officially underway on three new $30 million rehabilitation hospitals in Florida, with projects breaking ground this week in Wellen Park, Daytona Beach, and Orange Park. The facilities are being built by Catamount|Freese Johnson JV, LLC., in partnership with Exalt Health, a fast-growing provider of post-acute rehabilitation care. […]
News Release: Sila Realty Trust Completes $23.5 Million Acquisition of Dover Inpatient Rehabilitation Facility
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (NYSE: SILA) (the “Company”, “we”, or “our”), a net lease real estate investment trust (“REIT”) with a strategic focus on investing in the growing and resilient healthcare sector, today announced the $23.5 million acquisition of an inpatient rehabilitation facility located in Dover, Delaware (the “Dover Healthcare Facility”). The Dover […]
News Release: Older Adults Seek Senior Housing at Record Rate
Boston, Baltimore and Cincinnati record highest occupancy rates; Houston, Miami and Atlanta have lowest rates—with all markets exceeding 80% occupancy Annapolis, Md.—Senior housing occupancy rates in the United States increased 0.3 percentage points, from 87.1% occupied in the fourth quarter of 2024 to 87.4% in the first quarter of 2025, according to the National Investment […]
News Release: JLL Income Property Trust Acquires Chicago Area Medical Outpatient Facility
CHICAGO, April 3, 2025 — JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced today the acquisition of Naperville Medical Center, a high quality, newly converted single story medical outpatient building in the Chicago suburb of Naperville, IL for a purchase price of approximately $16.3 million. Naperville Medical Center totals 39,500 […]
News Release: Berkadia Announces Sale of Five-Property Seniors Housing Portfolio
Detroit, Michigan – April 3, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of a portfolio of five independent living communities located throughout the Detroit metropolitan area. Berkadia Seniors Housing & Healthcare, led by Senior Director Brooks Minford, closed the 631-unit transaction on behalf of a local […]