Financings Greystone closes on largest health care CLO Greystone announced it closed on a $450 million commercial real estate collateralized loan obligation (CLO), besting its own benchmark of $300 million set back in 2018. Like the CLO in 2018, this CLO is backed exclusively by bridge loans for health care projects, according to a statement […]
Concordis Senior Living
(Rendering of Westminster of Dallas — Photo courtesy of Riverwood Retirement Management Inc.) Editor’s note: Senior Housing News will be observing the Labor Day holiday on Monday, September 7, but will return to our normal posting schedule Tuesday, September 8. In the meantime, everyone here at SHN would like to wish all of our readers […]
Construction: Planned Senior Housing Plan in Palo Alto Raises Local Concern Palo Alto city officials are preparing to rule on a development that has stirred local anxieties—a project including 60 housing units for low-income seniors, Palo Alto Online reports. The City Council will consider approving a zoning change that would allow the nonprofit Palo Alto Housing […]
Four assisted living communities under the Hampton Manor brand and operated by Concordis Senior Living were recently sold for $14.1 million to Aviv REIT, announced Senior Living Investment Brokerage. The communities are Hampton Manor West, Hampton Manor Gardens, Hampton Manor North, and Hampton Manor Ormond Beach, sold for what equates to a price per unit […]
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