Columbia Pacific sells Canadian portfolio for $177M Columbia Pacific Advisors is selling a six-property Canadian senior housing portfolio to Singapore Press Holdings for $176.6 million (C$232.9 million). The properties total 717 units and include: Heritage Meadows Gracious Retirement Living, an independent living community in Cambridge, Ontario The Bradley Gracious Retirement Living, an independent living community […]
Senior Living Investment Brokerage Inc.
Summit Acquires Assisted Living and Memory Care Community for $13 Million Summit Healthcare REIT, Inc. announced that it acquired a 90-bed assisted living and memory care facility in Chandler, Arizona, for $13.4 million. The community will be leased to Compass Senior Living, a Eugene, Oregon-based operator who leases six other facilities owned by Summit. The […]
Senior Living Investment Brokerage Facilitates Sale of Virginia Assisted Living Facility Glen Ellyn, Illinois-based Senior Living Investment Brokerage Inc. facilitated the sale of Lexington at Tazewell, a 42-unit, 33,480-square-foot assisted living facility in Tazewell, Virginia, for $2.15 million. The seller was the lender who had financed the renovations and then foreclosed on the developer. The buyer […]
Health Care REIT Purchases Fort Collins, Colorado Senior Living Facility for $56.7 Million Health Care REIT (NYSE: HCN) on Aug. 31 purchased a senior living community in southeast Fort Collins, Colorado for $56.7 million. MacKenzie Place is a senior living community that offers independent living, assisted living and memory care that opened in 2008. It […]
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 […]
Aviv REIT Acquires Five SNFs for $42 Million Aviv REIT, Inc. (NYSE: AVIV) announced this week that it has acquired five post-acute and long-term care skilled nursing facilities (SNFs) located in Ohio and Arkansas in two separate transactions for $42.2 million. Four of the properties are triple-net leased to new Aviv operator Peregrine Health Services […]
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