News

EDWARDSVILLE, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the sale of University Nursing and Rehabilitation Center and Edwardsville Nursing and Rehabilitation, both located in Edwardsville, for $5.5 million.

CALABASAS, Calif. — Recent changes to the U.S. tax code have made homeownership less advantageous to taxpayers, which could spur more seniors to sell their homes in favor of seniors housing communities, according to a research report by Marcus & Millichap.

UPPER MARLBORO, Md., and WHARTON, N.J. — Avanath Capital Management has acquired two seniors housing communities totaling 211 units for $23.8 million.

LIVERPOOL, N.Y. — Chicago Pacific Founders (CPF) has acquired Parkrose Estates, a 100-unit independent living community in the Syracuse suburb of Liverpool, for an undisclosed price.