Financings CBRE arranges refinance CBRE announced it arranged a refinance for Carlton Senior Living San Leandro in California. According to a press release, the refinance will allow the company to “reconstitute its original joint venture ownership into a closely held Tenant-in-Common (TIC) ownership structure.” The community was originally built in 1997 and has a total […]
Blueprint
Financings CFG closes on four deals, totals $76M Capital Funding Group announced it closed on four transactions totaling $76 million throughout September. According to a press release, the financing supported 16 skilled nursing communities. The financing was executed on behalf of nationally recognized borrowers, the release states. BWE secures refinance for Gentry Park Orlando BWE […]
Transactions Saint Therese to acquire Ohio community Saint Therese, a St. Louis, Minnesota-based aging care provider, announced it will be acquiring St. Mary of the Woods in Avon, Ohio on Dec. 1. St. Mary of the Woods is a 179-unit community located on a 23-acre campus, according to a press release. The release states it […]
Transactions The Ensign Group acquires Nebraska campus The Ensign Group announced on Oct. 2 that it acquired St. Joseph Rehabilitation and Care Center and Skyview Villa Assisted Living. According to a press release, both communities are in Norfolk, Nebraska. The acquisition brings Ensign’s portfolio to 324 healthcare operations, 30 of which also include senior living […]
Transactions Mustang Creek Enterprises acquires sixth community Mustang Creek Enterprises, an assisted living and memory care developer in North Texas, took ownership of its sixth community on Sept. 18. According to a press release, the company closed on the purchase of Mustang Creek Estates of Frisco and took ownership of the community. The community has […]
Transactions American Healthcare REIT acquires four communities Cogir Management and American Healthcare REIT have expanded their relationship with the acquisition of four more communities in Washington. According to a press release, the portfolio consists of 207 assisted living and memory care units and allows Cogir to operate in Washington, California, Utah and North Carolina for […]
Financings CFG closes on $185M construction loan for Erickson Capital Funding Group (CFG) announced on Sept. 4 that it closed on a $185 million construction loan on behalf of Erickson Senior Living. According to a press release, the financing will support the first phase of construction for The Grandview, a continuing care retirement community currently […]
Thrive expands Texas footprint Thrive Senior Living will be opening a new community in Tarrant County, Texas next year. According to a press release, the Encore at Heritage-Glen will feature 50 assisted living suites and 25 suites in a memory care neighborhood. The community is being completed in collaboration with Orison Holdings. Ziegler advises Confluent […]
Management Legend Senior Living grows portfolio to 60 Legend Senior Living announced it has assumed management of Crescent Fields at Huntingdon Valley, bringing its total up to 60. According to a press release, Legend has now added 12 communities over the last 12 months. The transition took place on Aug. 20. Thrive expands Texas footprint […]
Financings CBRE refinances for joint venture CBRE National Senior Housing announced it arranged a refinancing for Outlook Gwinnett on behalf of a joint venture between Capitol Seniors Housing and Bain Capital Real Estate. According to a press release, the loan originated from a debt fund and allows the community to “complete lease-up in a dynamic […]