Thursday, August 28, 2025
Read the Magazine Subscribe

News

Assisted LivingFinanceNebraskaNews

Walker & Dunlop Provides $20.9M Refinancing for Two Communities in Nebraska

by Jeff Shaw

LINCOLN and ASHLAND, Neb. — Walker & Dunlop has provided HUD refinancings for Fallbrook Assisted Living and Memory Care in Lincoln and Oxbow Living Center in Ashland. Walker & Dunlop’s Kevin Giusti and Mikko Erkamaa led the teams in both deals on behalf of MJ Senior Housing. Both transactions refinanced floating-rate debt and provided cash proceeds. Fallbrook Assisted Living and Memory Care received a $13.3 million loan. The property is a 71-unit assisted living and memory care facility. It was built in 2018 and opened in 2019. Oxbow Living Center …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsAssisted LivingFinanceFloridaNews

Lument Arranges $6.1M Acquisition Loan for Two-Property Portfolio in Florida

by Jeff Shaw

LAKE WALES and HAINES CITY, Fla. — Lument has provided a $6.1 million bridge loan to facilitate the acquisition of two assisted living communities in Florida totaling 90 units. Innovation Senior Living, a middle-market provider founded in 2016, acquired Savannah Court of Lake Wales, a 45-bed community, and Savannah Court of Haines City, a 45-bed community. The two properties are approximately 15 miles apart in small cities south of Orlando and east of Tampa. Casey Moore, Conner Girdley and Chris Mauger led the transaction for Lument. Lument’s M&A team, led …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsNewsTennessee

Blueprint Negotiates Sale of 115-Unit Portfolio in Nashville

by Jeff Shaw

NASHVILLE, Tenn. — Blueprint Healthcare Real Estate Advisors has arranged the sale of two seniors housing communities totaling 115 units in Nashville. Built in 2010 and 2011, the communities experienced normal COVID-related headwinds, but rebounded in 2022 and were on a path towards stabilization. A Southeast-based owner-operator looking to expand its portfolio bought the properties. The seller, price and names of the assets were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
Active AdultDevelopmentGeorgiaNews

Jamestown Unveils Plans for 21-Story Active Adult High-Rise in Atlanta

by Jeff Shaw

ATLANTA –– Jamestown has released its plans to develop Signal House, a 21-story active adult community in Atlanta. The property will be located adjacent to Ponce City Market, a massive mixed-use redevelopment of a former Sears, Roebuck & Co. store and warehouse. The property is adjacent to the Atlanta BeltLine rails-to-trails project in the city’s historic Old Fourth Ward neighborhood. Plans call for 162 units reserved for residents age 55 and older. The project is scheduled for completion in the third quarter of 2023. “Continuing Ponce City Market’s legacy of …

Continue Reading
0 FacebookTwitterLinkedinEmail
CCRCDevelopmentFinanceNewsNorth Carolina

Ziegler Arranges $58.1M Bond Financing for Twin Lakes Community in Elon, North Carolina

by Jeff Shaw

ELON, N.C. — Ziegler has arranged $58.1 million in bond financing for Twin Lakes Community, a continuing care retirement community (CCRC) in Elon, approximately midway between Greensboro and Durham. Twin Lakes sits on approximately 215 acres of land. It first opened in 1983 and currently operates 434 independent living units, 36 assisted living units, 32 memory care units and 104 healthcare units. It ranks as the 28th largest nonprofit single-campus senior living organization in the nation, according to the 2022 LeadingAge-Ziegler 200. Having recently completed construction of a replacement nursing …

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingFinanceMassachusettsNews

MassHousing Provides $31M in Financing for City Square Affordable Complex in Charlestown, Massachusetts

by Jeff Shaw

CHARLESTOWN, Mass. — MassHousing has provided $31 million in financing for City Square Elderly Housing, a 120-unit affordable seniors housing complex in Charlestown, a northern suburb of Boston. The complex was originally constructed in 1900 and renovated in 1985. Units come in studio and one-bedroom floor plans. The borrower, CSI Support & Development Services, will use the proceeds to refinance existing debt, fund capital improvements and preserve the property’s affordability status. The loan carried a 35-year term and a fixed interest rate.

Continue Reading
0 FacebookTwitterLinkedinEmail
FeaturesInvestmentNews

Seniors Housing Investors Should Look for Opportunities Amid Today’s Challenges, Says Webinar Panel

by Jeff Shaw

It has undoubtedly been a very difficult time for seniors housing owners, operators and investors. The COVID-19 pandemic led to widespread shutdowns that forced communities to turn away visitors and prospective new residents for months, which in turn caused occupancy rates to crater. Then, just as the industry started to come back, labor challenges, inflation and rising interest rates put the brakes on that recovery. “We’ve been through the most unusual period ever for our industry,” said JP LoMonaco, president of Valuation & Information Group. LoMonaco made those comments while …

Continue Reading
0 FacebookTwitterLinkedinEmail
Assisted LivingFinanceNewsWisconsin

Walker & Dunlop Arranges $14.6M Refinancing for Reena Senior Living in Atkinson, Wisconsin

by Jeff Shaw

ATKINSON, Wis. — Walker & Dunlop has arranged a $14.7 million refinancing for Reena Senior Living, an 80-unit/80-bed assisted living and memory care facility in Fort Atkinson, approximately midway between Milwaukee and Madison. Walker & Dunlop’s Kevin Giusti and Matthew Lund led the team in closing the HUD loan. The borrower was Tukka Properties. The property consists of a three-story assisted living building built in 2016 and a one-story memory care addition built in 2019.

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsMemory CareNewsOklahoma

Blueprint Negotiates Sale of 38-Unit Memory Care Community in Oklahoma City

by Jeff Shaw

OKLAHOMA CITY — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 38-unit memory care community in an affluent neighborhood of Oklahoma City. The seller was a private equity fund seeking to exit its only standalone memory care property. Built in 2010, the community had strong historical occupancy, but was negatively impacted by the COVID-19 pandemic and was in the early stages of a performance rebound. The community was positioned as a value-add opportunity for buyers to capitalize on the strong demographics and surprising scarcity of standalone memory …

Continue Reading
0 FacebookTwitterLinkedinEmail
Assisted LivingDevelopmentFloridaNews

AJP Ventures, Mas Group Complete Luxury Community in Miami

by Jeff Shaw

MIAMI — Leading Miami-based commercial real estate owners and developers AJP Ventures and Mas Group, along with equity partner OCTA, have completed construction of The Contemporary, a luxury assisted living community in the Westchester neighborhood of Miami. The developers have planned a ribbon-cutting ceremony for Jan. 26 to officially open the doors. Charter Senior Living will operate The Contemporary, which features a mix of one- and two-bedroom units on a six-acre campus. The community is located on the same campus as MedSquare Place, a Class A medical office building also …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts