property type: Assisted Living/Health Care

Memphis Business Journal An affiliate of Welltower Inc. has paid $36.6 million, or $297,561/unit, for StoryPoint Germantown, a 123-unit seniors-housing property in Memphis, Tenn. The Toledo, Ohio, company acquired the property from a venture of Confluent Development of Denver and ...

Albany Business Review Centers Health Care Network has sold a portfolio of three nursing homes and rehabilitation centers with a total of 332 beds in the Albany, N.Y., area for $33.1 million. The Bronx, N.Y., company sold the properties to ...

A Principal Financial investment vehicle has paid $15.6 million for 5217 Village Creek Drive, a former assisted-living facility in Plano, Texas, that's being converted into an addiction treatment facility. The investment is the third for the vehicle, Principal Inside, an ...

Blue Owl Real Estate Capital Inc. has agreed to buy Sila Realty Trust Inc., a Tampa, Fla., REIT that owns 137 net-leased healthcare properties, for $30.38/share, valuing the deal at $2.35 billion, after the assumption of debt.

South Florida Business Journal Welltower Inc. has purchased the Arbor at Lake Worth, a 377‑unit assisted-living facility in Lake Worth, Fla., for $87.2 million, or about $231,300/unit. The Toledo, Ohio, company bought the property from Focus Healthcare Partners of Chicago, ...

Atlanta Business Chronicle Healthpeak Properties has paid $240 million, or $677,966/unit, for two seniors-living properties with a total of 354 units in the Atlanta suburb of Marietta, Ga. The Denver healthcare property REIT purchased the two from limited liability companies led ...

OakNorth Bank and Bravo Property Trust have provided $42 million of financing against a pair of assisted-living properties with a total of 177 units in suburban Detroit and Chesapeake, Va. OakNorth, an online bank based in the United Kingdom, moved into ...