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 Investments & Transactions: Réseau Sélection Expands, NHI Purchases in Oklahoma

Réseau Selection Expands Presence in Greater Montréal  Réseau Sélection has acquired three independent living communities in the Greater Montréal area, giving the company more than 40 residences in the region. Réseau acquired the three properties—Cherbourg I and Cherbourg II of the municipality Brossard and Le Graham in the Town of Mount Royal—from Prével Retraite and the Fonds immobilier de solidarité […]

Senior Housing Investments & Transactions: Fortis Files for Receivership

Fortis Management Group Files for Receivership Fortis Management Group filed for receivership in an agreement with its landlords, the company revealed on July 12. The Milwaukee-based management company operates 60 skilled nursing facilities and five independent and assisted living communities throughout Michigan, Minnesota, Wisconsin, Oregon, Washington and Idaho. Read the full story on Skilled Nursing […]

Senior Housing Finance Activity: Berkadia, Walker & Dunlop

Walker & Dunlop Arranges $20 Million and $6.9 Million Loans for Senior Housing Projects in Florida, Wisconsin Bethesda, Maryland-based commercial real estate services and finance company Walker & Dunlop (NYSE: WD) recently arranged a $6.9 million loan for William Booth Towers, a 15-story, 168-unit Section 8 apartment community in Orlando, Florida, that’s restricted to residents 62 years old […]

Editor’s Picks: Top 2017 Senior Living Predictions

As the nation prepared to inaugurate a new president, Senior Housing News brought readers the latest on Brookdale Senior Living (NYSE: BKD)’s rumored takeover negotiations, an in-depth interview with Brookdale alum John Rijos and a slew of predictions from top industry leaders for the year ahead. Here in the newsroom, we were intrigued by a […]

Senior Housing Investments & Transactions: Sienna Senior Living

Sienna Senior Living Acquires British Columbia Assets for $255 Million Sienna Senior Living (TSX: SIA), one of Canada’s largest senior housing owners and long-term care providers, has entered into an agreement to acquire a seniors housing portfolio of assets in British Columbia (BC) for $255 million. As part of the deal, Sienna Senior Living also […]

Senior Housing Investments & Transactions: Capitol Seniors Housing, JCH Group

Capitol Seniors Housing Buys Historic Seattle Community for $36.3 Million Holiday Fenoglio Fowler (HFF) arranged the sale and acquisition financings for Queen Anne Manor, a Seattle seniors housing community purchased by Capitol Seniors Housing for $36.3 million. Senior Managing Directors Ryan Maconachy and Chad Lavender and associate Sarah Baccich led the HFF team.  The seller […]

Most Read: Apple’s Aging Tech, Senior Living Innovation Stifled

In case you missed them, here are the top headlines catching Senior Housing News readers’ attention this week: Where Walmart Meets Health Care, Senior Living Must Find Its Place — The vision of a blended retail-senior care setting might seem farfetched, but providers themselves acknowledge the need for such outside-the-box thinking and partnerships. About 60% of respondents […]

New Senior Housing Investor Advances $250 Million Pipeline

Headed by former Brookdale Senior Living (NYSE: BKD) chief John Rijos, CPF Living Communities is acting on its previously announced plans to invest $250 million in senior living properties over the next few years, following the company’s recent acquisition of a 350-unit facility in Topsham, Maine. Specifically, the company plans to grow by acquiring senior […]

Senior Housing Investments & Transactions: Chicago Pacific Founders

Marcus & Millichap Announce $13.8 Million Sale of Ohio ALF Mark Myers, Joshua Jandris and Charles Hilding of Marcus & Millichap Institutional Property Advisors represented the seller in a transaction that closed recently, involving an 82-unit assisted living and memory care facility in Canton, Ohio. The Landing of Canton was sold by a private seller […]