OCALA, Fla. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Timberridge Rehabilitation & Nursing Center, a 180-bed skilled nursing facility in Ocala, approximately 70 miles northwest of Orlando.
SAN ANTONIO and AUSTIN, Texas — CIT Group Inc. (NYSE: CIT), through its Healthcare Finance group, has served as sole lead arranger on a $27.2 million loan for two assisted living facilities in Texas.
Private equity funds are flush with capital, but finding quality properties that offer attractive yields is a tall order.
Mission-driven organizations turn their focus to innovation in healthcare, technology and workforce development.
Many operators say these agencies are costly and not transparent about how they get paid, yet they rely on the services to generate move-ins.
Push by seniors housing operators to maximize efficiencies, reduce ER visits and engage residents leads to steady flow of innovative products.
Developer REDICO and operator American House combine decades of expertise to grow portfolio in Midwest and expand eastward.
Expect lenders to turn up the volume on loan closings.
Owner-operator becomes one of the largest in the country by serving middle-class seniors.
Innovative solutions are needed to reach this underserved audience.