Partnerships

12 Oaks partners with August Health

12 Oaks Senior Living announced a strategic partnership with August Health to enhance its care and compliance capabilities.

According to a press release, the initiative will leverage advanced health data analytics and integrated care platforms to deliver personalized care to residents and provide a focus on value based care.

“12 Oaks is setting a strong foundation for value-based care. With the help of August Health, we are committed to delivering the best possible care to our residents and ensuring the smoothest care and compliance operations in our portfolio,” Greg Puklicz, 12 Oaks Senior

Living president, said in the release. “This partnership is a testament to our dedication to innovation and exceptional service.”

Transactions

Berkadia sells two communities

Berkadia announced the sale of two Atlanta metro area assisted living and memory care communities on May 24.

According to a press release, the 146-unit transaction was closed on behalf of a publicly traded real estate investment trust.

The release states the Atlanta and Marietta properties were purchased by a regional owner/operator.

Blueprint advises on Oklahoma divestiture

Blueprint announced its involvement in advising the divestiture of an Oklahoma skilled nursing portfolio on May 23.

According to a press release, the seven community portfolio was sold by Birchwood Healthcare Partners.

The release states a familiar Missouri-based provider was selected as the ultimate buyer to advance its strategic expansion in the state

Financings

Capital Funding Group closes on $9.75M loan

Capital Funding Group announced it closed on a $9.75 million Bridge-to-HUD loan on behalf of a nationally recognized borrower.

According to a press release, the loan supported the refinancing of a 123-bed skilled nursing facility in Massachusetts and closed on May 1.

The release states the financing follows CFG’s closing of a $36.2 million Bridge-to-HUD loan that supported the refinancing of five skilled nursing facilities in North Carolina totaling 522 beds.