DiNapoli Capital Partners Acquires Topanga Park Assisted Living In Canoga Park, California DiNapoli Capital Partners has acquired Topanga Park Assisted Living in Canoga Park, California in a $23.4-million cash transaction facilitated by JCH Consulting Group. The deal included both the business and the Topanga Park retirement facility itself, complete with 90 units and 120 licensed […]
Walker & Dunlop Welcomes Jack Boulder to the FHA Finance Group Walker & Dunlop, Inc. (NYSE: WD) announced on Aug. 6 the hiring of Jack Boulder as senior vice president in its FHA Finance group. In his new role, Boulder is charged with arranging Agency mortgages and interim financing for the national seniors housing and […]
Construction resources abandoned during the recession are back in use thanks to a new-found demand in the senior housing sector, according to a report published this week. Materials that went unused and labor left on the sidelines as a result of the recession have been absorbed by new demand, according to the report. The research, […]
With the long-awaited August opening of a new property in Dublin, Ohio, Sunrise Senior Living is taking strides into uncharted territory for the company: Early-onset memory care. Sunrise and other leaders in the senior housing sector across the country have been very active in the memory care space, but few specifically cater to early-onset needs. […]
CareTrust REIT Acquires 14-Property Skilled Nursing and Assisted Living Portfolio CareTrust REIT announced on Aug. 10 its pending acquisition of Ohio-based Liberty Nursing Centers, a $175 million, 14-property skilled nursing and assisted living portfolio to be funded through the proceeds of an equity offering. The Liberty portfolio includes 1,102 skilled nursing beds and 156 assisted […]
In a blockbuster deal involving two of the nation’s leading senior housing financing companies, Capital One Financial Corp. has reached an agreement to acquire GE Capital Healthcare Financial Services for approximately $9 billion, officials announced Tuesday. The acquisition, slated for completion in the fourth quarter of 2015, grants Capital One approximately $8.5 billion of health […]
American Capital Real Estate Finance Group Adds Three Members to Investment Team Three new members have been appointed to the American Capital Real Estate’s Finance Group’s (ACRF) investment team in an effort to expand the company’s capacity for commercial real estate investment. Those joining the ACRF investment team are Jeff Erhardt, Paul Nevala and Michael […]
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