Capital Senior Living Buys Senior Care Property for $6.6 Million Capital Senior Living recently purchased an assisted living and memory care community in Elkhorn, Neb., for $6.6 million in a transaction handled by Senior Living Investment Brokerage. Marquis Place of Elkhorn, located in a suburb of Omaha, was built in 2002 with an addition completed […]
Capital Senior Living
An affiliate of Capital Senior Living Corporation (NYSE:CSU) recently acquired a senior living community in Springfield, Mo., for $22 million. The Montclair, a 159-unit independent living community built in 1988, was sold by Montclair Limited Partnership. The five-story, 181,496-square-foot community is located on about 6.71 acres. At time of closing, The Montclair had an occupancy rate […]
Capital Senior Living Corporation (NYSE:CSU) recently acquired its 100th and 101st communities in a $32.8 million transaction. The communities are located in Missouri and Ohio and offer independent living, assisted living, and memory care. At time of sale, they had an average occupancy rate of 91%. CSU is financing the acquisitions with about $24.6 million […]
Berkadia Originates $25.8 Million in Supplemental Loans for Capital Senior Living Berkadia Commercial Mortgage LLC’s Lenox, Mass. office recently closed on $25.8 million of supplemental financing on a portfolio of loans for affiliates of Capital Senior Living Corporation. Christopher Fenton, a vice president at Berkadia, worked with lenders at Fannie Mae and Freddie Mac to […]
Capital Senior Living Corporation (NYSE:CSU) recently completed the acquisition of five senior living communities for a purchase price of $49.4 million. The communities, located in Texas and Indiana, offer levels of care that include independent living, assisted living, and memory care. CSU financed the communities with approximately $37.5 million of 10-year, fixed rate, non-recourse debt […]
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