PENNSYLVANIA — KeyBank Real Estate Capital has arranged a total of $57.7 million in FHA financing for two undisclosed seniors housing communities in Pennsylvania.
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The Ensign Group Receives $112M HUD Refinancing for 17-Property Seniors Housing Portfolio
by Jeff Shaw
MISSION VIEJO, Calif. — The Ensign Group Inc. (NASDAQ: ENSG), the parent company of the Ensign group of skilled nursing, rehabilitative care services, home health care, hospice care and assisted living companies, has completed a $112 million portfolio financing.
ARLINGTON, Va., CHARLOTTESVILLE, Va., BOCA RATON, Fla., and SILVER SPRINGS, Md. — Welltower Inc. (NYSE: HCN), the largest REIT in the seniors housing sector, has agreed to acquire a portfolio of four continuing care retirement communities (CCRCs) for $368 million. Senior Housing Properties Trust (NASDAQ: SNH) is selling the properties, which are located in the Washington D.C., Miami and Charlottesville, Va., areas.
CEDARBURG, Wis. — LTC Properties Inc. (NYSE: LTC) has entered into a joint venture with affiliates of Tealwood Senior Living and developer Tukka Properties to develop a $23 million independent living, assisted living and memory care community in the Milwaukee suburb of Cedarburg.