South Florida Business Journal An affiliate of Silver Cos. has sold the 58-unit Palm Beach Memory Care facility in North Palm Beach, Fla., for $17 million, or about $293,103/unit. The Boca Raton, Fla., company sold the property to an affiliate ...
Tampa Bay Business Journal Inspired Healthcare Capital has paid $29 million, or about $151,042/unit, for the Grand Villa of St. Petersburg assisted-living facility in St. Petersburg, Fla. The Scottsdale, Ariz., company bought the four-story property from ValStone Partners, a Birmingham, ...
The U.S. Department of Housing and Urban Development funded only 168 loans totaling $3 billion against apartment and seniors-housing properties during its second fiscal quarter, which ended March 31. That was down 49 percent from a year ago. Likewise, Fannie ...
South Florida Business Journal An affiliate of Inspired Healthcare Capital Holdings has paid $52.25 million, or about $201,737/unit, for Heritage Park, a 259-unit assisted-living facility in Delray Beach, Fla. The Scottsdale, Ariz., company purchased the seniors-living facility from ValStone Partners ...
Dallas Morning News AEW Capital Management has bought Preston of the Park Cities, a 129-unit seniors-housing property in Dallas. The Boston investor acquired the building, at 5917 Sherry Lane, from Silverstone Senior Living of Dallas. The sales price as not ...
The Real Deal Harrison Street Real Estate Capital has paid $50.8 million, or $540,425/unit, for Oakmont of Silver Creek, a 94-unit seniors-housing property in San Jose, Calif. The Chicago investment and management firm purchased the property from an affiliate of ...
Griffin Living has sold Griffin Plaza, comprised of an 85,022-square-foot retail center and the 102-unit Varentia of Simi Valley seniors-housing property, in Simi Valley, Calif., for $22.1 million. The Westlake Village, Calif., development firm sold the property to an unnamed ...
Northwind Group has hired Joe Weidt as director in its senior living and healthcare team, where he's responsible for identifying and completing debt and equity transactions involving seniors and healthcare properties. Weidt, who also will oversee due diligence, underwriting and ...
South Florida Business Journal Cedar Health has paid $39 million, or about $133,106/unit, for the Wickshire Fort Lauderdale assisted-living facility in Fort Lauderdale, Fla. The Lakewood, N.J., company bought the property, which sits on 18.1 acres at 2855 West Commercial ...
Multi-Housing News Trilogy Health Services has broken ground on a 113-unit seniors-housing property at 1495 Granville Pike in Lancaster, Ohio, about 30 miles southeast of Columbus, Ohio. The Louisville, Ky., developer is spending $22 million to construct the property. It ...
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