BETHESDA, Md. — Capital One Healthcare’s Corporate Finance group was the lead arranger in the nation in 2017 for healthcare leveraged loans up to $1 billion, according to Thomson Reuters.
Seniors Housing Business published nearly 1,000 news briefs, columns, articles and reports in 2017. Below are the 10 most-read items for the year:
CASHMERE, Wash. — Senior Living Investment Brokerage has arranged the sale of Cashmere Convalescent Center, a 65-bed skilled nursing facility in Cashmere, located between Seattle and Spokane. The price was not disclosed.
NEW YORK CITY — A joint venture between Fort Schuyler Housing Development Co., Smith & Henzy Advisory Group Inc., MDG Design + Construction LLC, Concord Management of New York and partners has unveiled a $52.7 million renovation and refinancing plan for Fort Schuyler House, a 139-unit affordable seniors housing development in the Bronx.
IRVINE, Calif — Sabra Health Care REIT Inc. (NASDAQ: SBRA) has completed the previously announced sale of 20 facilities leased to Genesis Healthcare Inc. in Kentucky, Ohio and Indiana for $103.3 million.
PENNSYLVANIA — KeyBank Real Estate Capital has arranged a total of $57.7 million in FHA financing for two undisclosed seniors housing communities in Pennsylvania.
MISSION VIEJO, Calif. — The Ensign Group Inc. (NASDAQ: ENSG), the parent company of the Ensign group of skilled nursing, rehabilitative care services, home health care, hospice care and assisted living companies, has completed a $112 million portfolio financing.
KNOXVILLE, Tenn. — Solinity has hired Sara Mitchell as communications director and client relations manager.
Residents are taking a page from Millennials’ playbook with technology to help get around.
ARLINGTON, Va., CHARLOTTESVILLE, Va., BOCA RATON, Fla., and SILVER SPRINGS, Md. — Welltower Inc. (NYSE: HCN), the largest REIT in the seniors housing sector, has agreed to acquire a portfolio of four continuing care retirement communities (CCRCs) for $368 million. Senior Housing Properties Trust (NASDAQ: SNH) is selling the properties, which are located in the Washington D.C., Miami and Charlottesville, Va., areas.