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 […]
JLL Capital Markets
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, […]
Management Charter Senior Living now managing 13 Illinois, Wisconsin communities Charter Senior Living announced it is now the management company for 13 senior living communities in Illinois and Wisconsin. According to a press release, the communities were previously managed by Cedarhurst. The announcement follows recent growth from Charter Senior Living, including two gorundbreakings in West […]
Financings JLL Capital Markets secures $18.7M for Minnesota community JLL Capital Markets announced it secured $18.7 million in HUD funding for Elk River Senior Living in Elk River, Minnesota. According to a press release, the financing consolidates five debt obligations that were part of the project’s construction. The community was built in 2018 and is […]
Mergers Healthpeak Properties, Inc., Physicians Realty Trust approved to merge Healthpeak Properties, Inc. and Physicians Realty Trust announced on Feb. 21 that stockholders and shareholders for the respective companies have voted to approve a merger. According to a press release, the transaction is expected to close on March 1. The company will operate under the […]
Announcements PointClickCare announces launch of Pharmacy Connect PointClickCare Technologies, a healthcare technology platform, announced the launch of Pharmacy Connect, a service designed to simplify medication management for senior housing communities. According to a press release, the service “bridges the collaboration and transparency gaps between pharmacies and senior living communities” by offering a streamlined solution to […]
This content 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 JLL announces construction financing for California project JLL Capital Markets announced the arrangement of a $51.1 […]
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