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 […]
Post-Acute & Senior Living: Publicly traded REIT acquires struggling SNF in D.C. market; Avison Young brokers sale
The Washington, D.C., office of Avison Young recently arranged the $13 million sale of the 45,654 square foot Mt. Vernon Nursing & Rehab Center, a skilled nursing facility (SNF) in Alexandria that has
Post-Acute & Senior Living: Senior community outside of Seattle changes hands for $50.5M; ESI brokers sale
Garden Court Retirement Community, a 148-unit independent and assisted the living community in Everett, recently traded for $50.5 million, or $341,000 per unit. The facility was completed in 2002
Post-Acute & Senior Living: Newly passed Illinois senior housing law green lights $60 million Chicago project
A newly passed Illinois law will allow a developer to move forward with plans to convert a vacant 10-story building on Chicago’s North Side into an affordable senior housing community. The new law
Post-Acute & Senior Living: Ryan Companies joins JV partnership on $16.7 million, 172-unit Florida senior project
A team with Pittsburgh-based Holliday Fenoglio Fowler LP (NYSE: HF) recently arranged a $16.7 million joint venture (JV) partnership for the development of the 172-unit Grand Living at Lakewood
Post-Acute & Senior Living: Tryko adds 129-bed Philly-area facility to SNF portfolio, plans a renovation
Brick, N.J.-based Tryko Partners LLC recently acquired the two story, 129-bed ManorCare Health Services at Mercy Fitzgerald Hospital skilled nursing facility in Yeadon, near Philadelphia.
News Releases: Bloomfield Hills Press Release – for immediate release
BLUE MOON AND CEDAR BROOK COMPLETE OFF MARKET ACQUISITION OF BLOOMFIELD HILLS, MI SENIOR COMMUNITY Boston, MA (May 23, 2018)—Blue Moon Capital Partners LP (“Blue Moon”), a leading senior housing private equity investor, announced today that it has formed an acquisition joint venture with Cedarbrook Senior Living and acquired the Class A+ Cedarbrook of Bloomfield […]
News Release: HarborChase of Wildwood Hosts Grand Opening Celebration
“HarborChase Open” to Celebrate History’s Most Prestigious Golf Courses HarborChase of Wildwood, a new assisted living and memory care community in Sumter County’s Wildwood area, is hosting “HarborChase Open: A Grand Opening Celebration” on Wednesday, May 23. In honor of the community’s grand opening, the event will be held from 4 p.m. to 7 p.m. […]
News Release: Deal news from Strawberry Fields REIT
Strawberry Fields REIT Acquires A Rehabilitation and Nursing Facility for $6.5 Million Strawberry Fields REIT LLC (Strawberry Fields), an owner and lessor of nursing homes, long-term acute care hospital facilities and medical office buildings in the Midwestern and Southern U.S., today announced it has acquired a rehabilitation and nursing facility for $6.5 million in a […]