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 […]

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 […]

Transactions & Financings: Welltower’s $130 Million CCRC Acquisiton

Welltower Acquires CCRC in Florida for $130 Million Toledo, Ohio-based health care real estate investment trust (REIT) Welltower, Inc. (NYSE: WELL) has officially acquired Stratford Court of Boca Pointe, a 527-bed continuing care retirement community (CCRC) in Boca Raton, Florida, for $130 million, according to the South Florida Business Journal. The seller was Newton, Massachusetts-based REIT Senior Housing Properties […]

Transactions & Financings: Welltower’s $130 Million CCRC Acquisiton

Welltower Acquires CCRC in Florida for $130 Million Toledo, Ohio-based health care real estate investment trust (REIT) Welltower, Inc. (NYSE: WELL) has officially acquired Stratford Court of Boca Pointe, a 527-bed continuing care retirement community (CCRC) in Boca Raton, Florida, for $130 million, according to the South Florida Business Journal. The seller was Newton, Massachusetts-based REIT Senior Housing Properties […]

Transactions & Financings: Invesque Purchases Three Dallas-Area Communities

Cushman & Wakefield Arranges $11.6 Million Senior Housing Financing Cushman & Wakefield Senior Housing Capital Markets has arranged an $11.55 million construction loan for the development The Palms at San Lauren, a 68-unit assisted living and memory care community in Bakersfield, California. The community will be operated by California-focused regional operator Pragma Management with financing provided by […]

Transactions & Financings: Invesque Purchases Three Dallas-Area Communities

Cushman & Wakefield Arranges $11.6 Million Senior Housing Financing Cushman & Wakefield Senior Housing Capital Markets has arranged an $11.55 million construction loan for the development The Palms at San Lauren, a 68-unit assisted living and memory care community in Bakersfield, California. The community will be operated by California-focused regional operator Pragma Management with financing provided by […]

Transactions & Financings: Blueprint, Phoenix Senior Living

Phoenix Senior Living Acquires Three Senior Living Communities Phoenix Senior Living recently assumed management of* three senior living communities in Atlanta, Georgia: Addington Place of Johns Creek, Addington Place of Alpharetta, and Manor on the Square. Phoenix officially began managing these communities on January 1. Consequently, Phoenix Senior Living now operates eight communities in the Southeast, […]

Transactions & Financings: Blueprint, Phoenix Senior Living

Phoenix Senior Living Acquires Three Senior Living Communities Phoenix Senior Living recently assumed management of* three senior living communities in Atlanta, Georgia: Addington Place of Johns Creek, Addington Place of Alpharetta, and Manor on the Square. Phoenix officially began managing these communities on January 1. Consequently, Phoenix Senior Living now operates eight communities in the Southeast, […]

Senior Housing Finance Activity: Ziegler, Harborview Capital Partners

Ziegler Closes $54.05 Million Financing for CCRC Operator in California Chicago-based speciality investment bank Ziegler recently announced the closing of the $54,045,000 tax-exempt, fixed-rate Series 2017 financing for Channing House, a California not-for-profit 501(c)(3) company that operates a continuing care retirement community (CCRC) in Palo Alto, California. The CCRC has 191 residential living units, 26 […]

Senior Housing Finance Activity: CBRE, Love Funding

Lancaster Pollard Arranges $5.3 Million Financing for BPM Senior Living Lancaster Pollard recently arranged a $5.3 million Fannie Mae loan for Portland, Oregon-based senior living owner/operator BPM Senior Living. The loan provides capital for Royalton Place, a 70-unit, 79-bed assisted living and memory care community in Milwaukie, Oregon. The financing is related to BPM’s plan […]