Transactions & Financings: ORIX USA, Midcap Financial

Griffin-American Healthcare REIT IV Purchases 53-Unit Assisted Living Community in Missouri Real estate investment trust Griffin-American Healthcare REIT IV, Inc. recently acquired the 53-unit Pinnacle Warrenton Assisted Living Facility in Warrenton, Missouri, for $8.1 million. The seller was Warrenton Clearpath Property Investment, LLC, an unaffiliated third party represented by Senior Living Investment Brokerage’s Jeff Binder. […]

Transactions & Financings: ORIX USA, Midcap Financial

Griffin-American Healthcare REIT IV Purchases 53-Unit Assisted Living Community in Missouri Real estate investment trust Griffin-American Healthcare REIT IV, Inc. recently acquired the 53-unit Pinnacle Warrenton Assisted Living Facility in Warrenton, Missouri, for $8.1 million. The seller was Warrenton Clearpath Property Investment, LLC, an unaffiliated third party represented by Senior Living Investment Brokerage’s Jeff Binder. […]

In the Pipeline: Senior Housing Construction Projects (11/9/17)

Construction: Announced New Community Planned in Arizona Investment Property Associates (IPA) and Ryan Companies have announced a senior living community in Scottsdale, Arizona. The community, Generations at Pinnacle Peak, is will have 90 independent and assisted living units and 20 memory care units, according to a release on AZ Big Media. IPA will operate the community […]

Senior Housing Investments & Transactions: Inspirit Senior Living, IPA

Inspirit Senior Living Acquires Two Communities in Pennsylvania  Inspirit Senior Living has acquired two senior housing properties in the state of Pennsylvania.  The 67-unit Willow and the 70-bed Palmerton, which were previously owned and operated by LifeCare Holdings and The Weston Group, respectively, mark the third and fourth acquisition for the Fairfax, Virginia-based company. Both […]

Senior Housing Investments & Transactions: Benchmark Senior Living

Benchmark Senior Living Buys CCRC Near Boston A continuing care retirement community (CCRC) near Boston has a new owner. Benchmark Senior Living, which is based in Waltham, Massachusetts, acquired New Pond Village, a 199-unit senior living community in Walpole, Massachusetts. National real estate services firm Cushman & Wakefield negotiated the sale. New Pond Village is an 199-unit entrance-fee CCRC that […]

Senior Housing Investments & Transactions: Sunrise Buys St. Louis Community

Cushman & Wakefield Arranges Sale of Senior Community Near St. Louis Cushman & Wakefield announced it advised a joint venture of Provision Living Senior Communities and real estate investment trust Welltower (NYSE: HCN) in the sale of Provision Living at Webster Groves to Sunrise Senior Living, for an undisclosed price. Provision Living is an assisted living and […]

Senior Housing Investments & Transactions: Greystone, IPA

Greystone Closes $12.5 Million Sale of Community in Texas Greystone Real Estate Advisors has closed on the sale of a Class A assisted living and memory care community 20 miles east of downtown Dallas. Cornerstone Senior Living purchased Three Forks of Forney in Forney, Texas, from Healthcap Partners on March 17 for $12.5 million, according to […]

Senior Housing Investments & Transactions: Care Capital Properties

Care Capital Properties to Acquire $400 Million Behavioral Health Portfolio Care Capital Properties, Inc. (NYSE: CCP) has entered into a definitive agreement to acquire six behavoiral health hospitals in a sale-leaseback transaction for $400 million and to fund up to $50 million in capital expenditures to finance expansion and improvements in the portfolio. The properties […]