Columbia Pacific, Embassy Group to invest $136M in India Columbia Pacific Communities is partnering with Indian real estate developer, Embassy Group, to develop a pipeline of senior housing communities in major population hubs across India, Mint reports. The venture will invest ₹1,000 crore – $136.3 million in U.S. dollars – to develop a pipeline of […]
Fremont Realty Capital
Two dozen senior living communities owned by real estate investment trust (REIT) HCP Inc. (NYSE: HCP) are getting a new operator, transitioning from Brookdale Senior Living (NYSE: BKD) to Atria Senior Living. Brentwood, Tennessee-based Brookdale is the largest senior living provider in the nation, and has been facing financial and operational challenges since its 2014 […]
Fresh off of a major capital raise, the nation’s seventh-largest senior housing provider is now planning to invest $1 billion in real estate ventures in high-barrier-to-entry markets. Senior executives at Louisville, Kentucky-based Atria Senior Living recently sold 50% of their ownership interest in the company’s management business to Fremont Realty Capital, Atria announced Wednesday. Atria […]
KeyBank Provides $47.7 Million in Financing for Assisted Living Portfolio in Southeast KeyBank Real Estate Capital has arranged a total of $47.7 million of permanent financing for six assisted living facilities managed by Ridge Care Inc. The financing included a 35-year, $38.5-million fixed-rate loan through the FHA 232/223(f) mortgage insurance program, as well as a $9.2 […]
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