More Senior Housing Borrowers May Qualify for HUD Loans

For some borrowers in the senior housing industry—especially licensed senior care providers—the Department of Housing and Urban Development’s Section 232 Healthcare Mortgage Insurance program is already an attractive source of financing. But the program could appeal to an even larger pool of senior housing providers than currently thought, including those that have a large number […]

Transactions & Financings: Welltower’s $130 Million CCRC Acquisiton

Welltower Acquires CCRC in Florida for $130 Million Toledo, Ohio-based health care real estate investment trust (REIT) Welltower, Inc. (NYSE: WELL) has officially acquired Stratford Court of Boca Pointe, a 527-bed continuing care retirement community (CCRC) in Boca Raton, Florida, for $130 million, according to the South Florida Business Journal. The seller was Newton, Massachusetts-based REIT Senior Housing Properties […]