CARMEL, Ind. — Skilled nursing facility developer Mainstreet has formed a new broker-dealer named Mainstreet Capital Partners LLC. The company is registered with the Financial Industry Regulatory Authority (FINRA) and was created to institutionalize Mainstreet’s fundraising business.
Finance
MONROE, La., and GARFIELD HEIGHTS, Ohio — Lancaster Pollard has arranged the refinancing of two seniors housing communities, one for Paramount Healthcare Consultants (PHC) in Monroe for $20.2 million and another for The Jennings Center for Older Adults in Garfield Heights for $12.6 million.
Leumi has a basis in social and political history that few other business institutions can match. The bank was founded in 1902 as the Anglo-Palestine Co. in London, intended to be the financing arm of the Zionist Organization seeking to establish a home for Jews in the Middle East.
MADISON, N.J. — Prudential Real Estate Investors (PREI) has completed the capital raise of Senior Housing Partners V (SHP) with a total of $629 million in capital commitments. SHP is the fifth in a series of dedicated, closed-end funds designed to invest in the seniors housing industry. PREI is the real estate investment and advisory business of Prudential Financial. (NYSE: PRU).