Real Estate Firm Axium, Operator Optima to Buy 8-Property Canadian Portfolio for $300M

A real estate firm and a senior living operator have agreed to acquire a portfolio of eight senior housing communities in Canada for more than $300 million under an ongoing joint venture agreement. Under the deal, JV partners Optima Living and Axium Infrastructure would acquire a portfolio consisting of eight communities totaling a little fewer […]

Transactions & Financings: $1 Billion REIT IPO, LTC Sells Portfolio to NHI

Strategic Student & Senior Housing Trust’s IPO Declared Effective by the SEC Maryland-based Strategic Student & Senior Housing Trust, Inc., a public non-traded real estate investment trust (REIT) sponsored by SmartStop Asset Management, LLC, announced that its registration statement pertaining to an initial public offering of about $1.1 billion in shares of common stock was […]