COVINGTON, Ky. — Ziegler, a specialty investment bank, has closed $48.7 million in bonds for the expansion and renovation of Rosedale Green, a skilled nursing community in the Cincinnati suburb of Covington.
Finance
SEATTLE — CBRE has arranged a $19.1 million loan for seniors housing investment company Capitol Seniors Housing (CSH) to acquire Maple Leaf Assisted Living & Memory Care, a 119-unit independent living, assisted living and memory care community in Seattle.
CBRE National Senior Housing has arranged an $18.3 million construction loan for a joint venture between Pathway Senior Living and Virtus Real Estate Capital. The joint venture will build Azpira Place of Lake Zurich, a 120-unit assisted living community in the Chicago suburb of Lake Zurich.
Contemporary Healthcare Capital Provides $1.5M Acquisition Loan for Community in Kansas
by Jeff Shaw
ELKHART, Kan. — Contemporary Healthcare Capital LLC has provided a $1.5 million senior mortgage loan to a Colorado-based operator for the acquisition of a 103-bed skilled nursing facility and assisted living facility in Elkhart, a small town near the Oklahoma and Colorado borders.