Transactions & Financings: CIT Group’s $64M Refinancing; Focus Healthcare Partners’ $65M Virginia Acquisition

CBRE arranges $65 million acquisition financing for Virginia CCRC CBRE National Senior Housing Vice Chairman Aron Will and First Vice President Austin Sacco arranged a $65.2 million acquisition financing package for The Virginian, a 306-unit rental continuing care retirement community (CCRC) in Fairfax, Virginia. Will and Sacco worked on behalf of Focus Healthcare Partners to […]

In the Pipeline: Senior Housing Construction Projects 9/28/17

Construction: Planned Senior Housing Planned Near Lake of the Ozarks in Missouri A sprawling development slated to open in the lakefront city of Osage Beach, Missouri, will include senior housing. Local officials recently gave the go-ahead to the developers of Osage Beach Commons, a $385 million mixed-use building that will include retail, restaurants and senior living space, according […]

In the Pipeline: Senior Housing Construction Projects (8/17/17)

Construction: Planned Drever Capital Management to Open Senior Housing Near San Antonio Drever Capital Management has announced plans for an active senior living community, Larkspur at Gateway, which is to be located in Live Oak, Texas. The development will include a 64-unit memory care community and an intergenerational adult and child daycare center that will offer […]

In the Pipeline: Senior Housing Construction Projects (7/27/17)

Construction: Announced Traditions Senior Living and Southern Group Announce New Tennessee Community Operator Traditions Senior Living and developer Southern Group have plans to open a new senior living community in Smyrna, Tennessee. As planned, the 111-unit senior housing community will offer independent living, assisted living and memory care services, according to a press release. Amenities will […]

Senior Housing Investments & Transactions: First Acquisition for Ventas Spin-Off

Ventas Spin-Off Announces First Acquisition Care Capital Properties Inc. (NYSE: CCP) has announced the completion of its first acquisition since it officially spun off from Ventas Inc. (NYSE: VTR) last month, a transaction valued at $210 million. The acquisition includes eight skilled nursing facilities and one assisted living facility in Shreveport, Louisiana, according to a news release. As […]