Grandbridge Closes $17M Mortgage Loan for Wash. Senior Housing Community Grandbridge Real Estate Capital’s Atlanta-based Seniors Housing and Healthcare Finance team recently closed a $16,875,000 first mortgage loan secured by Courtyard Village, a 127-unit seniors housing community in Vancouver, Wash. Funding for the acquisition was provided through Grandbridge’s exclusive BB&T Real Estate Funding Structured loan […]
BB&T Capital Markets
Wellmore Appoints New Healthcare Marketing Director Wellmore, a Tega Cay, S.C.-based healthcare and wellness retirement community, has announced the appointment of Sheryl Brown as healthcare marketing director. Brown comes to Wellmore with over 12 years of sales and marketing experience in the senior living industry. She most recently held positions in Alzheimer’s and dementia care […]
Proposed reimbursement cuts to the home health industry are offering senior living providers a ripe consolidation opportunity to acquire new assets at depressed values. Last month, the Center for Medicare & Medicaid Services (CMS) proposed a rule for the Home Health Prospective Payment System (HH-PPS) that would reduce the national, standardized 60-day episode reimbursement rate […]
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