Transactions Continuum sells five-property Florida portfolio Continuum Advisors announced it sold a five-property senior living portfolio in Florida. The communities are largely focused in the Orlando and Tampa metros, according to a press release, and total 340 units, according to a press release. The communities involved in the transaction include Superior Residences of Clermont; Superior […]
Capital Funding Group
Transactions Blueprint marks two sales in senior living, skilled nursing Blueprint announced it made two sales in the senior living and skilled nursing markets. The first transaction was the sale of a vacant assisted living and skilled nursing community in Waco, Texas. A press release states the community was last operated in 2018 and was […]
Transactions New York CCRC approved for sale Harborside, a continuing care retirement community in New York, has been approved for sale by a bankruptcy judge. Court documents state the community has been acquired by Focus Healthcare Partners LLC. The documents state the community was acquired for a total of $82 million. Curt Schaller, co-founder and […]
Transactions Ascent Living Communities acquires memory care community Ascent Living Communities added High Plains Crossing to its portfolio. Following the acquisition, Ascent’s portfolio now comprises more than 750 senior living units providing independent living, assisted living and memory care options. According to a press release, Ascent will implement its highly focused and proven “Touchpoints Memory […]
Transactions Berkadia sells three upscale communities Berkadia announced on Dec. 6 that it sold three upscale assisted living and memory care communities in the Chicago and Milwaukee metropolitan areas. According to a press release, the 306-unit transaction included Heartis of Orland Park, Heartis Village Brookfield and Heartis Village North Shore. Berkadia represented the seller, a […]
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 Ballard Spahr, Lane Powell combine Firms Ballard Spahr and Lane Powell agreed to a combination effective Jan. 1, 2025. According to a press release, the combined firm will be called Ballard Spahr and have more than 750 attorneys in 18 states. The combination allows Ballard Spahr to expand its footprint into the Pacific Northwest, […]
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 […]
Financings Berkadia, Poppy Bank close over $329 million Berkadia Seniors Housing and Healthcare announced it has worked with Poppy Bank to close on over $329 million of bridge debt in April, May and June. According to a press release, the total includes 12 properties totaling 1,597 units. “We are fortunate to have a longstanding relationship […]
Partnerships 12 Oaks partners with August Health 12 Oaks Senior Living announced a strategic partnership with August Health to enhance its care and compliance capabilities. According to a press release, the initiative will leverage advanced health data analytics and integrated care platforms to deliver personalized care to residents and provide a focus on value based […]
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