With a growing number of operators and owners pruning their portfolios due to mounting financial pressures, regional players are uniquely poised to benefit
The market for construction financing is “pretty fickle right now,” a stark contrast from just a few years ago when the lending spigot for developers was flowing freely, according to Ari Dobkin, managing director of Meridian Capital Group.
AVON, Conn. — Lancaster Pollard has arranged six separate refinancings totaling $40.7 million for Apple Rehab, a skilled nursing provider based in the Hartford suburb of Avon.
ANAHEIM, Calif. — Community Preservation Partners (CPP), in a joint venture with Jamboree Housing, has acquired Miracle Terrace Apartments, a 179-unit affordable seniors housing community in the Los Angeles suburb of Anaheim, for $53.5 million.