CCRC in St. Charles, Missouri, Sold by IPA for $17 Million Institutional Property Advisors (IPA), a division of Marcus & Millichap Inc. that specializes in serving institutional and major private real estate investors, announced the sale of Carrington Place of St. Charles, a 294-bed, 234-unit continuing care retirement community (CCRC) in St. Charles, Missouri. Carrington Place of […]
Lee & Associates
Canada is “going gangbusters” on growth in the senior housing and care industry, reports the National Real Estate Investor, and Chartwell Seniors Housing REIT—one of the country’s largest in the sector—is making moves to pull out of its holdings in the U.S. in favor of focusing closer to home. In the second quarter, Chartwell sold […]
Most agree that 2011 was the Year of the REIT, marked by blockbuster, million and billion dollar deals that changed the landscape of the senior housing and care industry. This year, 2012, hasn’t been quite so dramatic, and experts are calling it the Year of the Small Deal, writes the National Real Estate Investor. The […]