WYOMING, Mich. — Berkadia has brokered the sale of Rivertown Ridge, a senior living property located in Wyoming, a suburb of Grand Rapids. Built in 2020,…
Posts published in “Finance”
SEATTLE — Nonprofit organization Horizon House has secured bond financing for a development project at its senior living campus in the First Hill neighborhood of Seattle.…
BLOOMFIELD, Conn. — The United Group of Cos. has received a $47 million construction loan for the development of a new active adult community in Bloomfield.…
CHICAGO — According to the National Council of Real Estate Investment Fiduciaries (NCREIF), the seniors housing sector has outperformed other property types in both the third…
ATLANTA — KeyBank Community Development Lending and Investment (CDLI) has arranged $72.8 million in financing for the phase of the redevelopment of Atlanta Civic Center. The…
Walker & Dunlop Arranges $40M Financing for New Affordable Seniors Housing Development in Metro D.C.
HYATTSVILLE, Md. — Walker & Dunlop has arranged $40.5 million in debt and equity for a new affordable seniors housing development in Hyattsville, roughly seven miles…
ST. JOHN’S, Fla. — Protea Capital Partners has received a $34.5 million loan for the construction of a new seniors housing community in St. John’s. Olga…
SAN DIEGO and LOS ANGELES — Berkadia has arranged the sale and financing of two senior living communities located in Southern California. Situated within suburbs of…
ATLANTA and PHILADELPHIA — BWE has arranged a $52 million bridge loan to finance a portfolio of senior living communities located within the Atlanta and Philadelphia…
SARASOTA COUNTY, Fla. — Capital Funding Group has provided a $179.8 million construction loan to Erickson Senior Living. Erickson will use the financing for the first…
NEW YORK CITY — MonticelloAM has provided a $70 million senior bridge loan to finance a portfolio of skilled nursing facilities located across Massachusetts and Rhode…
PHOENIX — A joint venture between Harrison Street Asset Management, LCS and Ryan Cos. US Inc. has secured refinancing for Clarendale Arcadia, a senior living community…
Despite hopes that the rising tide in occupancy rates would lift all boats for the seniors housing industry, many operators with full properties still wrestle…
By Matt Valley AUSTIN, Texas — Jonathan Schatz, president of investment firm Coastwood Senior Housing Partners, believes the seniors housing industry has arrived “at an existential…
By Hayden Spiess ATLANTA — The seniors housing sector has not always been the apple of commercial real estate (CRE) capital’s eye. Industry professionals say that…
FAIRFIELD, Conn. — An undisclosed borrower has received a $35.3 million permanent loan for Sturges Ridge of Fairfield, an assisted living and memory care community located…
NEW YORK CITY — Multifamily and seniors housing bridge lending platform MonticelloAM has appointed Liam Sorensen to the role of senior relationship manager. In his new…
LONG BEACH, Calif. — Quality Senior Housing Foundation and Sunrise Senior Living have received $80.1 million in financing for the development of a new community in…
SAN ANTONIO, Texas — Helios Healthcare Advisors has arranged a $10.7 million HUD-insured refinancing for a portfolio comprising 76 assisted living and memory care units in…
GAINESVILLE, Fla. — Nonprofit developer National CORE has received $19.5 million in construction financing to fund the development of Hawthorne Heights, a new affordable seniors housing…