Avista Senior Living Grows Footprint with Addition of 14 Communities 

Avista Senior Living recently announced the transition of 14 new communities in three states as the operator continues to grow, according to a news release from the company.  The 14 communities across Arizona, Idaho and Washington now bring the total number of communities in the Phoenix, Arizona-based operator’s portfolio to 30. Avista did not immediately […]

Crowdfunding Investor Advances Senior Living Strategy With New Acquisitions

An online real estate investment platform is making a splash in senior living over the next five years with a goal of steadily growing its investment holdings in the industry. The company, 1031 Crowdfunding, recently acquired two memory care and AL communities in St. George and Lindon, Utah, totaling 178 units. The properties are operated […]

Transactions & Financings: Blueprint Helps Sell Anthology’s Lone Utah Community; LCS Expands in Florida

Sales Blueprint Facilitates IL Sale  Blueprint Healthcare Real Estate Advisors announced it facilitate the sale of a 75-unit independent living community that will be converted into an assisted living community. The buy is a Columbus, Ohio-based owner-operator that is looking to expand its Medicaid Waiver Program presence in Ohio.  Blueprint Facilitates Par of Deals in […]

Transactions & Financings: Midwest Health’s $84M Refinancing; MBK Acquires California Community

KeyBank secures $84M financing for 11-property Midwest Health portfolio. A KeyBank Real Estate Capital team led by Vice President Lee Delaveris secured an $84 financing package through Fannie Mae for an 11-property portfolio consisting of independent living and assisted living facilities owned and operated by Midwest Health. The portfolio comprises 584 units with properties located […]

Senior Housing Finance Activity: CBRE, Lancaster Pollard

Grandbridge Arranges $10.5 Million Refinance for Phoenix Community Grandbridge Real Estate Capital LLC, a national full-service capital provider headquartered in Charlotte, North Carolina, arranged a $10.5 million refinance loan for Avista North Mountain, a senior housing community in Phoenix, Arizona. “This debt financing marks an important milestone for Avista North Mountain and our company,” Kristopher […]