Transactions & Financings: Radiant Senior Living, CBRE

Radiant Senior Living Acquires 64-Unit Community in Idaho Radiant Senior Living recently acquired The Renaissance, a 64-unit assisted living and memory care community in Coeur d’Alene, Idaho. Radiant currently owns and operates 19 independent living, assisted living, and memory care communities in Washington, Montana, Oregon, Colorado, Nevada, and Idaho. Radiant is scheduled to start constructing […]

Transactions & Financings: Clearwater Living, Solinity

CBRE Arranges Financing for Two Communities in Connecticut  CBRE National Senior Housing Vice Chairman Aron Will recently secured construction financing on behalf of a joint venture between Chicago-based real estate investment holding company CA Ventures and a global investment manager for two properties known as Farmington Senior Living and Simsbury Senior Living. The properties comprise […]

Transactions & Financings: Chicago Pacific Founders, CBRE

MidCap Closes First Mortgage Loan for Florida Community MidCap Financial, a commercial finance firm that concentrates on middle-market transactions, recently closed a transaction with Zon Living Concepts, LLC. The senior housing and senior care company owns and operates Zon Beachside, a Class A assisted living and memory care community in Indian Harbour Beach, Florida. The […]

Senior Housing Could Lure More Real Estate Investor Interest in 2018

Real estate investors are increasingly becoming interested in senior housing as an alternative property sector, according to a new “Americans Investor Intensions Survey” from commercial real estate services and investment firm CBRE (NYSE: CBG). The survey, held annually, reflects the sentiment of nearly 300 investors focused on the U.S. in coming year. Roughly 20% of respondents […]

Senior Housing Transactions: CBRE, MBK Senior Living

Golden West Senior Living Sells Community to Chicago Investors Golden West Senior Living has announced the sale of Flatirons Terrace, a 54-unit independent living community in Boulder, Colorado, to Harrison Street Real Estate Capital, a private equity firm based in Chicago. Dial Retirement Communities, of Omaha, Nebraska, will operate the community. Financial terms of the […]

Investors Favor Independent Living, Fret Over Operating Costs

Independent living is still holding the most allure for senior housing investors amid robust interest in the industry as a whole. The “active adult” sector, which targets younger seniors, is also gaining luster, while interest has diminished in the more needs-based area of memory care. That’s the latest from the winter 2018 U.S. Seniors Housing & […]

Senior Housing Investments & Transactions: Blueprint, NHI

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 […]

Senior Living Development Costs Expected to Climb in 2018

The total cost of a senior housing development delivered in 2017 or scheduled for delivery in 2018 averaged $256,000 per unit, or $283 per square foot—and those figures are expected to rise next year. That’s according to the inaugural U.S. Seniors Housing Development Costs Report from commercial real estate services and investment firm CBRE (NYSE: CBG). The […]