Senior Housing Finance Activity: CBRE, Grandbridge Real Estate Capital

CBRE Arranges Acquisition Financing for CA Ventures, Construction Financing for Belmont Village  Houston-based CBRE Capital Markets has arranged a portfolio acquisition financing on behalf of a joint venture between Chicago-based real estate investment holding company CA Ventures and a global investment manager for the CA Senior Living portfolio. The portfolio consists of four senior housing […]

Senior Housing Investments & Transactions: Five Star Transfers to Nasdaq

ABHOW, be.group Complete Merger American Baptist Homes of the West (ABHOW) and be.group have completed their merger and will now be part of holding company Cornerstone Affiliates. The previously announced deal was approved by regulators early last month. The merged companies form California’s largest nonprofit senior living provider and the nation’s sixth-largest such organization. The […]

Senior Housing Investments & Acquisitions: Aviv REIT, Capital Senior Living, Legacy Healthcare

Capitol Seniors Housing Buys 97-Unit California Property Real estate services firm Cushman & Wakefield recently announced the sale of Fremont Hills, a 97-unit Class A assisted living and memory care community in Fremont, Calif. Capitol Seniors Housing purchased the property for an undisclosed amount and MBK Senior Living will manage it. Cushman & Wakefield arranged […]

Senior Housing Investments & Acquisitions: REIT Acquires Community for $83.5M

Sabra Acquires Senior Housing Campus for $24M, Makes Development Investment Sabra Health Care REIT, Inc. (NASDAQ:SBRA) recently acquired a senior housing campus in Fort Wayne, Indiana for $23.8 million and announced a preferred equity investment of $1.7 million for the completion of a memory care community in Colorado Springs, Colo. The newly acquired campus, Park Place, has […]

Skilled Nursing M&A to Hinge on Mom-and-Pops in 2014

Skilled nursing mergers and acquisitions in 2014 are likely to be fueled by ongoing regulatory and reimbursement uncertainty and its impact on small operators, brokers and investors agree. “Our pipeline is deeper on the nursing home side because of the uncertainties,” says Jeremy Stroiman, CEO of brokerage firm Evans Senior Investments. The 2014 M&A opportunity lies with […]

Senior Housing M&A Activity Pressured by Rising Interest Rates

As interest rates creep higher and senior housing assets begin losing value as a result, brokers believe sellers may start feeling more pressure to offload properties to buyers who feel just as much urgency to enlarge their portfolios.  Real estate firm Evans Senior Investments discussed the impact of rising rates on the senior housing market […]