Financings
CBRE Arragned $23M Financing for Community
CBRE National Senior Housing announced it arranged a 10-year bridge loan wroth $23.3 million for a senior living community in Seattle.
The community – developed and owned by Capital Seniors Housing – is a 93-unit assisted living and memory care community that was originally a children’s hospital built in 1908. The hospital was converted to senior housing in 1982 before it was extensively renovated in 2015.
CBRE’s Aron Will, Adam Mincberg and Michael Cregan arranged the financing.
Acquisitions
Cushman & Wakefield Arranges IL Sale to Healthcare Capital
Cushman & Wakefield announced it arranged the sale of a senior living community in Oregon for $35 million to Healthcare Capital.
The community – called Crescent Park – is a 199-unit independent living community located in the college town of Eugene, Oregon. At 116,000 square feet, the three-story community includes a mix of studio, one- and two-bedroom units.
Cushman & Wakefield’s Jay Wagner, Aaron Rosenzweig and Dan Baker represented the seller.
Sales
Blueprint Advises Sale of Entitled Land Parcel
Blueprint Healthcare Real Estate Advisors announced it advised on the sale of a five-acre parcel of land that has been fully entitled for the development of a senior living community.
The land, located in Minden Nevada, near Lake Tahoe, was entitled in 2017 for the development of up to 130 senior living units.
Companies featured in this article:
Blueprint Healthcare Real Estate Advisors, Capital Seniors Housing, CBRE, CBRE National Senior Housing, Cushman & Wakefield, Healthcare Capital
