News Release: Viva Bene Announces Healthcare Partner and Breaks Ground on First Community
Avenue Partners with Sevi Health to Deliver New Model of Integrated Living February 16, 2023 06:43 AM Eastern Standard Time ST. PETERS, Mo.–(BUSINESS WIRE)–Senior housing developer Avenue Development announces that new Viva Bene active adult community brand has partnered with national primary care provider, Sevi Health. The partnership combines Viva Bene’s vision of delivering holistic […]
News Release: The Sanders Trust Completes Development of 40-Bed Rehabilitation Hospital
New 56,000-sq. ft. Facility Located in Arizona Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the completion of Dignity Health East Valley Rehabilitation Hospital – Gilbert located in Gilbert, Arizona. The Sanders Trust was selected as the owner and developer of […]
News Release: Oxford Finance’s Healthcare Real Estate Group Closes Over $867 Million of Capital Commitments in 2022
ALEXANDRIA, Va.–(BUSINESS WIRE)–Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, is pleased to announce that its Healthcare Real Estate Group closed a record level of originations in 2022, with Oxford providing over $867 million of capital commitments. The group closed a total […]
News Release: Three NexCore Group developments named 2022 HREI Insights Award™ Finalists
Healthcare Real Estate Insights™ magazine’s annual awards program honors two medical facilities and one seniors housing community the company recently developed in Houston, TX; Livonia, Mich.; and Port Orange, Fla. DENVER; HOUSTON; PORT ORANGE, FLA. (PRWEB) FEBRUARY 02, 2023 — Two healthcare facilities and one seniors housing community developed by NexCore Group, a national healthcare real […]
News Release: Sabra Provides Update on Previously Disclosed Disposition Activity and North American Transition
IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra”, “the Company”) (Nasdaq: SBRA) announced today that since September 30, 2022, the Company has received roughly $185 million of gross proceeds related to previously disclosed disposition activity. In addition, the 24 properties formerly leased to North American (“North American”) have been successfully transitioned to Ensign (“Ensign”) (Nasdaq: […]
News Release: Dwight Capital & Dwight Mortgage Trust Close Over $191MM in Seniors & Healthcare Financing During Q4 2022
NEW YORK–(BUSINESS WIRE)–Dwight Capital and its affiliate REIT, Dwight Mortgage Trust, financed over $191MM in seniors and healthcare financing during Q4 2022. Featured among the transactions are bridge loans for a Skilled Nursing Facility (“SNF”) Portfolio in Florida and a SNF Portfolio in Georgia. Dwight closed a $39MM bridge loan to facilitate the acquisition of […]
News Release: Done Deal: Blueprint Shops Local
Blueprint assists publicly traded REIT in divesting a non-strategic Seniors Housing community in the Tampa, Florida MSA The asset is located in the densely populated and growing St. Petersburg submarket and offered 57 units of both Assisted Living and Memory Care … Originally constructed in the 1960s, the community was positioned as one of the […]
News Release: $51.8M financing secured for seniors housing community in Albuquerque
$51.8M financing secured for seniors housing community in Albuquerque SEATTLE, Jan. 11, 2023 – JLL Capital Markets announced today that it has arranged $51.8 million in construction financing for the development of Ativo of Albuquerque, a three-story, 144-unit senior living community in Albuquerque, New Mexico. JLL represented the borrower, Link Senior Development, LLC in […]
News Release: Done Deal: Selling Sunset
Blueprint successfully represented a Los Angeles-based family office in the divesture of The Rehabilitation Center of Beverly Hills, a trophy, purpose-built, 150-bed skilled nursing facility in Los Angeles, CA The Rehabilitation Centre of Beverly Hills is a premier, state-of-the-art, all Medicare nursing facility located near Cedars-Sinai Medical Center– one of the most prestigious hospitals in […]
News Release: Regional Health Properties Receives Notice of Non-Compliance From NYSE American
04:05 PM Eastern Standard Time ATLANTA, January 06, 2023, (BUSINESS WIRE)–Regional Health Properties, Inc. (“Regional” or the “Company”) (NYSE American: RHE) (NYSE American: RHE-PA) announced today that the Company received a notice from NYSE American on January 3, 2023 that the Company is not in compliance with the continued listing standard set forth in Section […]
News Release: MidCap Financial Closes First Mortgage Loan on a Portfolio of Six Seniors Housing Properties
BETHESDA, MD, January 4, 2023 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it recently closed a transaction with a joint venture between NexCore Group (“NexCore”) and an affiliate of Heitman LLC (“Heitman”). The floating rate first mortgage loan facilitated the recapitalization of six modern, high end seniors […]
News Release: DONE DEAL – Hartford-Metro Hat Trick
Blueprint maintains position as leading advisor in New England through successful skilled nursing portfolio sale process Blueprint was selected to advise a joint venture owner on the strategic sale of a three-facility, 380-bed skilled nursing portfolio in central Connecticut Located northeast of the Hartford metro area, the facilities had historically maintained stable census levels with […]
News Release: Cushman & Wakefield Arranges Sale of Bella Vista, a Value-Add Independent Living and Assisted Living Community in Mesa
Mesa, AZ – October 24, 2022 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of Bella Vista, a 188-unit independent living and assisted living community located in Mesa, Arizona. Cushman & Wakefield’s Rick Swartz, Jay Wagner, Aaron Rosenzweig, Sam Dylag and Jack Griffin represented the sellers, a […]
News Release: STAN JOHNSON COMPANY ARRANGES 1031 EXCHANGE OF FORT MYERS, FLORIDA NURSING FACILITY FOR $46.7 MILLION
FORT MYERS, Fla., Oct. 3, 2022 — Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a four-star skilled nursing facility located at 13960 Plantation Road in Fort Myers, Florida. The 57,650-square-foot building is fully leased to Lee Memorial Health, a Southwest Florida community-owned health system. The […]
News Release: $61M construction loan secured for suburban Dallas seniors housing development
JLL Capital Markets arranged the financing for The Preserve at Spring Creek, a 230-unit senior living community in Garland, TX SEATTLE – September 19, 2022 – JLL Capital Markets announced today that it has arranged $61 million in construction financing for the development of The Preserve at Spring Creek, a 230-unit assisted living, memory care […]
