Transactions SLIB sells Pennsylvania SNF Senior Living Investment Brokerage announced its involvement in the sale of Mountain View in Coal Township, Pennsylvania on Dec. 31. According to a press release, the community functions primarily as a 271-bed skilled nursing facility with an additional eight independent living units and a memory care neighborhood. The seller is […]
JLL Capital Markets
In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Latest Irvine, California project ‘largest nonprofit, single-site bond issue in history’ The James, a new […]
Transactions Welltower acquires two communities for $42.7M Welltower announced it has acquired Heartis Bucks County in Warminster and Heartis Yardley, both in Philadelphia, for a combined $42.7 million. According to reporting from the Philadelphia Business Journal, both communities have been leased to Legend Senior Living. Legend now operates 62 communities. ESI arranges sale of South […]
JLL has arranged what it says is the largest non-profit single-site senior living bond issuance in the industry’s history in a move that could pave the way for the rise of similar models down the road. On behalf of a group including Harbert South Bay Partners, Lamb Properties, P3 Foundation and Momentum Senior Living, JLL […]
Financings CFG closes on four deals, totals $76M Capital Funding Group announced it closed on four transactions totaling $76 million throughout September. According to a press release, the financing supported 16 skilled nursing communities. The financing was executed on behalf of nationally recognized borrowers, the release states. BWE secures refinance for Gentry Park Orlando BWE […]
Transactions The Ensign Group acquires Nebraska campus The Ensign Group announced on Oct. 2 that it acquired St. Joseph Rehabilitation and Care Center and Skyview Villa Assisted Living. According to a press release, both communities are in Norfolk, Nebraska. The acquisition brings Ensign’s portfolio to 324 healthcare operations, 30 of which also include senior living […]
Transactions Mustang Creek Enterprises acquires sixth community Mustang Creek Enterprises, an assisted living and memory care developer in North Texas, took ownership of its sixth community on Sept. 18. According to a press release, the company closed on the purchase of Mustang Creek Estates of Frisco and took ownership of the community. The community has […]
Financings Atria Newport Beach refinanced secures $52M refinancing JLL Capital Markets announced on Aug. 15 that it secured $52 million in refinancing for Atria Newport Beach in Newport Beach, California. According to a press release, JLL represented the borrower, a partnership between a national real estate investment trust and Atria Senior Living. The community was […]
Transactions Atlas acquires three Orlando communities Atlas Senior Living and affiliate company Salta Capital announced it acquired three senior living communities in Orlando, Florida submarkets on July 22. According to a press release, the acquisition “underscores Atlas Senior Living’s commitment to expanding its footprint and enhancing senior living solutions in Florida and the Southeastern U.S.” […]
Management Legend Senior Living increases portfolio to 59 Legend Senior Living announced it has assumed the management of four senior living communities in Florida, bringing its total portfolio up to 59. The communities were previously managed by Harbor Chase and have been renamed to The Gables. The new communities further expand Legend’s footprint within Tallahassee, […]
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