Cushman & Wakefield Hires Noble Carpenter and Afton Trail Cushman & Wakefield, a global real estate company, has appointed Noble Carpenter as capital markets service line leader for the Americas region and Afton Trail, CPM, as senior managing director of assets services for the firm’s Western region. Carpenter has more than 20 years of extensive […]
Cushman & Wakefield
Ziegler Secures $145 Million for Emerald Communities’ Heron’s Key Ziegler, a specialty investment bank and one of the nation’s leading underwriters for not-for-profit senior living provider financing, secured $145 million in financing for Heron’s Key in Gig Harbor, Washington. Heron’s Key is “life care retirement community” that will hold 194 independent living units and 45 […]
Ziegler Arranges Sale of Six-Property Portfolio to Griffin-American Healthcare REIT III Chicago-based specialty investment bank Ziegler recently announced the closing of the sale of the Brentwood Portfolio on behalf of SLCM, LLC., a developer and provider of senior housing in Indiana and Michigan. The portfolio, which was purchased by Griffin-American Healthcare REIT III under a […]
Capital One Bank Closes $5.7M FHA Loan to Refinance Ill. SNF Capital One Multifamily Finance provided a $5.7 million fixed-rate, HUD 232/223(f) loan to refinance a 144-bed skilled nursing facility in northern Illinois. The property was built in 1972, with additions in 1988 and 1993. The key principals are owners and operators […]
The Ensign Group Acquires Colo. Post-Acute Care Campus The Ensign Group, Inc. (Nasdaq:ENSG) acquired Riverwalk Post-Acute and Rehabilitation, a 60-bed skilled nursing operation; Rock Canyon Respiratory and Rehabilitation Center, an 81-bed skilled nursing operation with a subacute unit; and the Villas at Rock Canyon, a 17-bed independent living and assisted living operation. Each of these […]
Dwight Capital Funds $42 Million of HUD Loans in December Dwight Capital, a national provider of commercial loans, has announced that it has funded $41.5 million in Department of Housing and Urban Development (HUD) loans for three multifamily and senior housing properties. The properties include: Highland Park Apartments in Denver, Colo., Reserve at Towne Crossing […]
Here’s a roundup of some of the most recent financing transactions in senior housing and care. Prudential Mortgage Provides $11.7M Loan to Ore. ALF, SNF, Memory Care Community Prudential Mortgage Capital Company, the commercial mortgage lending business of Prudential Financial, Inc. (NYSE: PRU), provided an $11.7 million loan to West Linn Care Center Holding Company, […]
Diversicare Announces Acquisition of Operations of 2 Ohio Properties Diversicare Healthcare Services, Inc. (NASDAQ:DVCR), a provider of long-term care services, recently announced the assumption of operations at two facilities in Ohio. The transaction includes a 142-bed skilled nursing facility in Avon, Ohio, and a 42-bed assisted living facility in Ontario, Ohio. These facilities are expected […]
Here’s a roundup of some of the most recent financing transactions in senior housing and care. Cushman & Wakefield Arranges $48.2M in Development Capital for Two Mass. Senior Housing Projects Cushman & Wakefield’s Senior Housing Capital Markets, part of the firm’s equity, debt and structured finance service line, arranged $48.2 million of senior construction financing […]
Beech Street Refinances Illinois Supportive Living Facility for $20.7 Million Beech Street Capital, a Capital One company, has provided a $20.7 million HUD loan to refinance a supportive living facility in Illinois. Under a federal waiver, supportive living facilities in Illinois can receive Medicaid support for low-income residents that need assistance with activities of daily living, […]
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