ROC Seniors Housing Fund Manager, already one of the largest private equity investors in senior living in the nation, is looking to become an even bigger player. Having just launched its second fund, ROC Seniors intends to acquire more than $2 billion of senior housing and medical properties. A subsidiary of Salt Lake City-based Bridge […]
ROC Seniors
MidCap Financial, a speciality finance firm that has provided debt solutions to a broad array of senior housing companies, has added an FHA lending platform for the first time by acquiring Pineview Capital Group. The transaction comes at a time when FHA transactions are expected to be on the upswing. Bethesda, Maryland-based MidCap Financial is focused […]
IPA Closes Record Sale of 33 SNFs in Texas Institutional Property Advisors (IPA), a division of Marcus & Millichap that specializes in serving institutional and major private real estate investors, sold 33 skilled nursing facilities (SNFs) in South Central Texas. The transaction is the largest seniors housing sale on record in the state, according to […]
CareTrust REIT, Inc. Announces Launch of Public Offering of Common Stock CareTrust REIT, Inc. (Nasdaq: CTRE) announced that, subject to market and other conditions, it plans to offer to sell 7.5 million shares of its common stock in an underwritten public offering. The company also expects to grant the underwriters a 30-day option to buy […]
Fears of oversupply have driven the conversation around senior housing in recent weeks, but commercial real estate professionals still believe market fundamentals are strong and find senior housing to be a highly attractive investment, according to research findings released Thursday. The research, conducted by the National Investment Center for Seniors Housing and Care (NIC) and the National […]
Fresh from raising $737 million in equity for a new investment fund, ROC Seniors Housing Fund Manager LLC already has acquired more than $1 billion worth of senior housing and medical health care properties within the last month, ROC Seniors CEO Robb Chapin tells SHN. The completed fund, ROC Seniors Housing and Medical Properties Fund 1, […]
Ziegler Secures $145 Million for Emerald Communities’ Heron’s Key Ziegler, a specialty investment bank and one of the nation’s leading underwriters for not-for-profit senior living provider financing, secured $145 million in financing for Heron’s Key in Gig Harbor, Washington. Heron’s Key is “life care retirement community” that will hold 194 independent living units and 45 […]
Greystone Real Estate Advisors Closes Sale of St. Louis Community Greystone, a real estate lending, investment and advisory company, recently announced its Real Estate Advisors group closed the sale of Brentmoor Retirement Community in St. Louis, Missouri. The property was acquired by Titan SenQuest Management, Inc. a wholly owned subsidiary of Titan Real Estate Investment […]
Greystone Real Estate Advisors Close Sale on 180-Unit Property in Texas Greystone, a real estate lending, investment and advisory company, recently announced its Real Estate Advisors group has closed the sale of Aspens at Twin Creeks in Allen, Texas. Kayne Anderson Real Estate Advisors of Boca Raton, Fla., acquired the stabilized property from Cadence Capital […]
American Healthcare REIT III Completes $350 Million in Acquisitions in Q1 American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT III, Inc., announced recently that the real estate investment trust (REIT) completed the acquisition of 18 health care properties in 11 states, as well as a collateralized debt instrument, for an […]