Blueprint Announces Senior Housing Deals in Massachusetts, Alabama Chicago-based advisory group Blueprint Health Care Real Estate Advisors recently announced the sale of a 100-unit assisted living and memory care community in Brockton, Massachusetts, called Heights Crossing Assisted Living Residence. Blueprint orchestrated an exclusive sales process on behalf of the seller, a regional owner-operator with a strong […]
Birchwood Health Care Properties
Capital Senior Living Acquires Two Facilities for $56 Million Capital Senior Living Corp. (NYSE: CSU) has acquired two assisted living communities for $56 million. The communities were previously owned by Keystone Senior. The sale of the properties was facilitated by Stephen Snider, an independent senior housing broker. Snider represented Keystone Senior LLC. Joint Venture Acquires […]
Lancaster Pollard Secures $7 Million Refinancing for New York Assisted Living Community Lancaster Pollard recently assisted The Lake Shore Assisted Living Home, a 200-unit assisted living community in Lake Ronkonkoma, New York, with a $7 million refinance utilizing the FHA Sec. 232/223(f) program. The Lake Shore Assisted Living Home was searching for a more beneficial long-term debt […]
Safanad and Formation Capital Acquire $129 Million Assisted Living Portfolio Safanad, a global principal investment firm that invests in real estate, private equity and public markets, and its industry partner in the senior care investment platform, Formation Capital, have acquired a portfolio of nine assisted living facilities for the price of $128.6 million. Formation Capital […]
A new senior living investment group is looking to capitalize on the nuances and fragmentation in the senior living industry, particularly middle-market operators following its launch this week. Chicago-based Birchwood Health Care Properties plans to further its presence in the health care real estate industry with acquisitions that focus primarily on senior housing and nursing […]