Senior Housing Finance Activity: Cushman & Wakefield, Ziegler

Cushman & Wakefield Arranges $53.4 Million in Construction Financing for LCB Senior Living Developments in Massachusetts Cushman & Wakefield Senior Housing Capital Markets, a global real estate services firm, has arranged $53.4 million loan in construction financing and joint venture equity for LCB Senior Living’s two senior housing developments in Massachusetts. The Residence at Vinnin Square […]

Senior Housing Investments & Acquisitions: Aviv REIT, Capital Senior Living, Legacy Healthcare

Capitol Seniors Housing Buys 97-Unit California Property Real estate services firm Cushman & Wakefield recently announced the sale of Fremont Hills, a 97-unit Class A assisted living and memory care community in Fremont, Calif. Capitol Seniors Housing purchased the property for an undisclosed amount and MBK Senior Living will manage it. Cushman & Wakefield arranged […]

Health Care REIT Buys N.C. Retirement Community for $60 Million

Toledo, Ohio-based Health Care REIT (NYSE:HCN) recently acquired Magnolia Glen, a retirement community in Raleigh, N.C., for $59.96 million, reports the News & Observer.  The property was sold by Kisco Senior Living, based in Carlsbad, Calif. The community has independent living cottages and apartments and was built in 2002.  “The deal is further proof that […]

Real Estate Company Sells Majority of Senior Housing Properties for $230 Million

Gazit-Globe, a leading multi-national real estate company, announced last week that its private subsidiary, Royal Senior Care, LLC and its members have completed a transaction to sell the majority share of its wholly-owned senior housing communities. Gazit Senior Care, Inc., a private subsidiary fully-owned by Gazit-Globe, holds a 60% interest in Royal Senior Care, LLC, […]