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Finance News Skilled Nursing

Contemporary Healthcare Capital Provides $2.4M Mezzanine Loan to Refinance Facility in Washington

by Jeff Shaw September 19, 2018

WENATCHEE, Wash. — Contemporary Healthcare Capital has provided a $2.4 million mezzanine loan to Regency Pacific Management.

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September 19, 2018

Ingleside Hires Sam Albanese as Senior Vice President of HR and Compliance

by Jeff Shaw September 19, 2018

ROCKVILLE, Md. — Ingleside, a Rockville-based nonprofit operator, has hired Salvatore “Sam” Albanese as senior vice president of human resources and compliance. His responsibilities will consist of leading Ingleside’s human resources organization and its corporate compliance program.

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September 19, 2018

Colliers Brokers Sale of 123-Unit High Rise in Chicago

by Jeff Shaw September 18, 2018

CHICAGO — The Colliers International-Affordable Housing Group has completed the sale of Willa Rawls Manor, a 123-unit affordable seniors housing tower in Chicago.

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September 18, 2018

Cushman & Wakefield Negotiates Sale of Newly Built Community in Prospect Heights, Illinois

by Jeff Shaw September 18, 2018

PROSPECT HEIGHTS, Ill. — Cushman & Wakefield’s Senior Housing Capital Markets team has arranged the sale of The Grandbrier at Prospect Heights, a 101-unit assisted living and memory care community in the Chicago suburb of Prospect Heights.

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September 18, 2018

NHI Receives $300M, Five-Year Term Loan

by Jeff Shaw September 18, 2018

MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI), a publicly traded healthcare REIT based in Murfreesboro, has entered into a $300 million bank term loan with a five-year maturity.

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September 18, 2018

CCRC Development News

Erickson Plans 169-Unit Independent Living Expansion at CCRC in New Jersey

by Jeff Shaw September 17, 2018

NEW PROVIDENCE, N.J. — Erickson Living has unveiled plans for an expansion at Lantern Hill known as Bell Pavilion.

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September 17, 2018

Finance News Skilled Nursing

Cambridge Realty Provides $28.4M in HUD Financing for Skilled Nursing Portfolio in Ohio

by Jeff Shaw September 17, 2018

NILES and MILAN, Ohio — Cambridge Realty Capital Cos. has provided HUD loans for three Continuing Healthcare-owned skilled nursing facilities in Ohio.

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September 17, 2018

News Skilled Nursing

Knapp Group Brokers Sale of 145-Bed Skilled Nursing Facility in Maryland for $17.3M

by Jeff Shaw September 17, 2018

BURTONSVILLE, Md. — Knapp Group Seniors Housing Advisors of Marcus & Millichap has arranged the sale of a 145-bed skilled nursing facility in Burtonsville, located midway between Baltimore and Washington, D.C.

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September 17, 2018

Development Finance News

Contemporary Healthcare Capital Provides $2.5M Mezzanine Loan for Development in Nevada

by Jeff Shaw September 17, 2018

MESQUITE, Nev. — Contemporary Healthcare Capital has provided $2.5 million in mezzanine financing for Mission Senior Living to develop a 78-unit seniors housing community.

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September 17, 2018

News Skilled Nursing

Healthcare Transactions Group Negotiates Sale of 118-Bed Facility Near Baltimore

by Jeff Shaw September 17, 2018

SYKESVILLE, Md. — Healthcare Transactions Group Inc. has arranged the sale of Transitions Healthcare at Sykesville, a 118-bed skilled nursing facility in Sykesville, approximately 25 miles northwest of Baltimore.

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September 17, 2018

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