Senior Housing Investments & Transactions: Chevalier, Columbia Pacific Advisors

CBRE Arranges $6.8 Million Sale of California Seniors Housing Community CBRE, a large commercial real estate and investment firm, brokered the sale of Williams Senior Apartments, a 28-unit age-restricted senior housing community in Brea, California. Restoration Enhancement acquired the property from a private seller for $6.8 million. Chevalier International Holdings, Ltd. Acquires Two Detroit-Area Senior Living […]

Senior Housing Finance Activity: Berkadia, Walker & Dunlop

Walker & Dunlop Arranges $20 Million and $6.9 Million Loans for Senior Housing Projects in Florida, Wisconsin Bethesda, Maryland-based commercial real estate services and finance company Walker & Dunlop (NYSE: WD) recently arranged a $6.9 million loan for William Booth Towers, a 15-story, 168-unit Section 8 apartment community in Orlando, Florida, that’s restricted to residents 62 years old […]

Blackstone, Cindat Rumored to Bid for Senior Housing Down Under

Global private equity firms have been having a field day lately, making big investments in senior housing in the United States and other nations.  Both China-based Cindat Capital Management and New York-based Blackstone Group (NYSE: BX), for instance, have placed bids for a 50% stake in the senior housing business of Sydney, Australia-based LendLease Group, Bloomberg […]

How Brookdale Proved Bigger is Rarely Better in Senior Living

Following several blockbuster transactions in recent years, senior housing deal volume has begun to decelerate—and buyers are finally wisening up to the ideal sizes their companies aspire to. Specifically, various headwinds have caused assisted living deal volume to slow in recent months, but current valuations remain “really strong,” according to experts who spoke at the […]

Movers & Shakers: The Asbury Group’s New President

The Asbury Group Names Michael Hollen As President Germantown, Maryland-based Asbury Communities, Inc. named Michael Hollen as president of The Asbury Group, a management, consulting and IT solutions company specializing in senior living and long-term care, on June 1. Hollen previously worked as Sodexo Seniors’ vice president of operations, and recently joined The Asbury Group as […]

Investors Bullish on Senior Housing in 2017

Investors’ senior housing portfolios are likely to grow in size this year, despite rising interest rates and widespread overbuilding concerns. In fact, 59% of U.S. senior housing investors anticipate increasing the size of their portfolios in 2017, according to the latest CBRE U.S. Seniors Housing & Care Investor Survey, released today by the commercial real estate […]

Movers & Shakers: LaSalle Group, Asbury Communities, Caring.com

Former Caring.com VP Accepts Position at Home Care Assistance Katie Roper, vice president of sales and marketing at Caring.com, has left the company and accepted a new role at Home Care Assistance. At the company, Roper will be the vice president of healthcare strategy and partnerships. In the role, she will develop national partnerships that leverage Home […]

These Properties Outshine Senior Living in Investors’ Eyes

Health care real estate investors have expressed interest in acquiring assisted living communities and skilled nursing facilities this year—but not nearly as much interest as they have in acquiring medical office buildings. That’s according to the U.S. Healthcare Capital Markets 2017 Investor & Developer Survey, recently published by commercial real estate services and investment firm CBRE Group, […]

Senior Housing Finance Activity: Greystone, Omega Healthcare Investors

CBRE Arranges Financing for Senior Living Community in California CBRE National Senior Housing Vice Chairman Aron Will recently arranged financing on behalf of an institutional sponsor for Peninsula Del Rey, a 207-unit, independent living, assisted living and age-restricted community in Daly City, California. CBRE helped secure a sizable, four-year floating rate loan from a regional […]