News

Blueprint Brokers $50M Sale of 296-bed Skilled Nursing Facility in Washington, D.C.

by Jeff Shaw November 12, 2015

WASHINGTON — Blueprint Healthcare Real Estate Advisors has brokered the sale of Deanwood Rehab and Wellness Center, a 296-bed skilled nursing facility in Washington, for $50 million.

November 12, 2015

Greystone Arranges $38M Sale of Assisted Living Community in Virginia

by Jeff Shaw November 12, 2015

VIRGINIA BEACH, Va. — Greystone Real Estate Advisors, a real estate lending and investment company, has arranged the sale of Pacifica Senior Living in Virginia Beach for $38 million. Capital Senior Living purchased the property from a private owner.

November 12, 2015

Assisted Living News

Madison Realty Acquires Assisted Living Facility in Florida from Pacor for $9.4M

by Jeff Shaw November 12, 2015

LONGWOOD, Fla. — Madison Realty Equities LLC, a private real estate firm based in California, has purchased Cornerstone at Longwood, an 80-unit assisted living and memory care facility in the Orlando suburb of Longwood, for $9.4 million.

November 12, 2015

Finance News

CBRE Arranges $19.1M in Financing for Acquisition of Community in Seattle

by Jeff Shaw November 11, 2015

SEATTLE — CBRE has arranged a $19.1 million loan for seniors housing investment company Capitol Seniors Housing (CSH) to acquire Maple Leaf Assisted Living & Memory Care, a 119-unit independent living, assisted living and memory care community in Seattle.

November 11, 2015

Development News

Love Funding Arranges $19.7M Construction Loan for Veterans Community in Florida

by Jeff Shaw November 11, 2015

JACKSONVILLE, Fla. — Love Funding has arranged a $19.7 million HUD loan for the construction and permanent financing of Anthem Lakes, a seniors housing community in Jacksonville.

November 11, 2015

Development News

Lee & Associates Brokers $10.7M Sale of Office Site for Conversion to Seniors Housing

by Jeff Shaw November 11, 2015

CARPINTERIA, Calif. — Lee & Associates has arranged the sale of a 51,585-square-foot office building in the coastal Southern California town of Carpinteria for $10.7 million.

November 11, 2015

CCRC Development News

SQLC Breaks Ground on $72M Expansion to The Buckingham CCRC in Houston

by Jeff Shaw November 10, 2015

HOUSTON — Developer and operator Senior Quality Lifestyles Corp. (SQLC) has broken ground an a 183-unit, $72 million expansion to The Buckingham, a nonprofit continuing care retirement community in Houston.

November 10, 2015

News Skilled Nursing

SLIB Arranges $3.5M Sale of Skilled Nursing Facility in Tulsa

by Jeff Shaw November 10, 2015

TULSA, Okla. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Companions Specialized Care, a skilled nursing facility in Tulsa, for $3.5 million.

November 10, 2015

Development Finance News

SunTrust Arranges $138M Credit Facility for Expansion, Renovations at MorseLife Community

by Jeff Shaw November 9, 2015

WEST PALM BEACH, Fla. — SunTrust Banks Inc. has arranged a $138 million tax-exempt senior secured credit facility for MorseLife Health System.

November 9, 2015

Assisted Living News

Summit Healthcare REIT Acquires Four Assisted Living Communities in Wisconsin for $18.4M

by Jeff Shaw November 9, 2015

GREEN BAY and APPLETON, Wisc. — Summit Healthcare REIT Inc. has acquired four assisted living and memory care communities in Green Bay and Appleton for $18.4 million.

November 9, 2015

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