MOUNT VERNON, Wash. — Evans Senior Investments, a seniors housing investment banking firm, has facilitated the sale of Mira Vista Care Center, a skilled nursing facility in Mount Vernon, for $9.125 million.
News
ATLANTA— AdCare Health Systems Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), a provider of senior living and healthcare facility management, continues its transition from an owner and operator of healthcare facilities to a healthcare property holding and leasing company, with 35 of the company’s 40 properties leased or sub-leased. As a result, the company’s board of directors declared a cash dividend on the common stock. The company also announced changes to the board of directors and a the hiring of a new chief financial officer.
WHEATON, Ill. — As advisor to a venture between Westminster Capital and LCS, Cushman & Wakefield Senior Housing Capital Markets has arranged the sale of Wyndemere, a 432-unit entrance fee continuing care retirement community (CCRC) located in Wheaton, an affluent suburb of Chicago.
New Senior Investment Group Completes $435M Seniors Housing Portfolio Acquisition, $670M Financing
by Jeff Shaw
NEW YORK — New Senior Investment Group Inc. (NYSE: SNR), a New York-based seniors housing REIT, has completed the previously announced acquisition of 17 independent living seniors housing properties from affiliates of Hawthorn Retirement Group for approximately $435 million. The acquisition was funded with cash on hand and proceeds from a first mortgage loan.
YORK, Pa. — Evans Senior Investments has facilitated the sale of The Haven at Springwood, a 99-unit facility located in York, about 100 miles west of Philadelphia. A regional private equity firm focused on Senior Housing assets purchased the assisted living and memory care facility for $11.85 million, or $119,697 per unit.