Venture to Build Mixed-Use Project in Dallas
May 27, 2022
Columbus, Ohio, Shopping Center Sells for $27.4Mln
May 27, 2022
property type: Assisted Living/Health Care
Denver-Area Retirement Community Sells for $42.9Mln
Denver Business Journal An affiliate of Wheelock Street Capital has paid $42.9 million, or $335,156/unit, for the Sky Pointe Retirement Resort, a 55-and-older community with 128 units in Littleton, Colo. The Greenwich, Conn., investment firm purchased the property from Resort ...
Owner of Triple-Net Leased Healthcare Properties Files to List Shares
Strawberry Fields REIT, a year-old company specializing in triple-net leased, skilled-nursing and other healthcare-related properties, has filed to go public. But it's doing so in an unusual way. Certain existing investors have registered to sell up to the 1.52 million ...
Assisted-Living Facility in Margate, Fla., Trades for $16Mln
South Florida Business Journal LiveWell at Coral Plaza, a 140-bed assisted-living facility in Margate, Fla., has sold for $16 million, or about $114,286/unit. A company managed by Yanir Shmaryou of Miami sold the property to RSR Senior Residences, also of ...
$21.47Mln of Construction Financing Lent Against South Fla. Assisted-Living Project
South Florida Business Journal Synovus Bank has provided $21.47 million of construction financing for the Palms of Plantation assisted-living project in Plantation, Fla. SageStone Development Partners is building the three-story property on 5.8 acres at 1019 South State Road 7. ...
Ventas Pays $41.23Mln for Jupiter, Fla., Assisted-Living Facility
South Florida Business Journal Ventas Inc. has bought Mangrove Bay, a 155-unit assisted-living facility in Jupiter, Fla., for $41.23 million, or $266,000/unit. The Chicago health insurance company acquired the property from Blackstone Group, which had bought it in 2017 for ...
Huntington Leads $300Mln Construction Loan for Suburban Washington, D.C., Seniors Project
A group of lenders led by Huntington National Bank has provided $300 million of construction financing for the Mather Tysons, a 378-unit seniors-housing project in Tysons, Va,, about 15 miles west of Washington, D.C. Walker & Dunlop arranged the loan. ...
Seniors-Housing Property in Fallbrook, Calif., Sells for $35Mln
Multi-Housing News Contour has paid $35 million, or $336,538/unit, for the 104-unit Estancia Senior Living residential property in Fallbrook, Calif., about 20 miles east of Oceanside, Calif. The Costa Mesa, Calif., company purchased the seniors-housing complex from the Calida Group of ...
Ryan Cos. Breaks Ground on Seniors-Housing Property in Woodbury, Minn.
Ryan Cos. has broken ground on the 200-unit Talamore Senior Living Woodbury in Woodbury, Minn., about 20 miles east of Minneapolis. The Minneapolis developer is building the seniors-housing property at the intersection of Hudson Road and Settlers Ridge Parkway. The ...
Work to Start on Seniors-Housing Property in West Dundee, Ill.
Nelson Construction & Development will break ground soon on Woodlands at Canterfield, a 131-unit seniors-housing property in West Dundee, Ill. The Des Moines, Iowa, company is building the property at the southwest corner of Angle Tarn and South Eighth Street, ...
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