property type: Senior Housing

Business Observer A venture of Senior Resource Group and Harbert Management Co. has lined up $76 million of fresh financing against the 350-unit Carlisle Naples seniors-housing property in Naples, Fla. BWE provided the floating-rate loan, which pays only interest for ...

The Real Deal An affiliate of JustLiving Communities has paid a little more than $70 million, or $200,000/unit, for the Wyndemere, a seniors-housing property with 350 units in Wheaton, Ill. The Concord, Mass., company purchased it from Bridge Investment Group. ...

Minneapolis/St. Paul Business Journal SilverCrest Properties has paid $41 million, or $278,911/unit, for Orchards of Minnetonka, a seniors-housing property with 147 units in Minnetonka, Minn. The St. Louis Park, Minn., company purchased the property from its developer, Opus Group. Orchards ...

Crain's Chicago Business A venture of JDI Realty and Wolcott Group has paid $24.5 million, or $204,167/unit, for Evolve at Lake Zurich, a 120-unit seniors-housing property in Lake Zurich, Ill. JDI and Wolcott, both of Chicago, purchased the property from ...

REBusiness Online A venture of ReNew REIT and Heritage Senior Living has lined up $57.8 million in financing for the 248-unit Keystone Villa at Douglassville seniors-housing property in Douglassville, Pa., in the southeastern portion of the commonwealth. The loan was ...

Philadelphia Business Journal Welltower Inc. has paid $42.7 million for a pair of seniors-housing properties in suburban Philadelphia. The Toledo, Ohio REIT acquired the properties from Heartis Senior Living of Longview, Texas. It paid $25.1 million, or $160,897/unit, for the ...

Newmark has arranged the recapitalization of the 203-unit Corso Atlanta seniors-housing property at 3200 Howell Mill Road NW in Atlanta's Buckhead area. The property, which opened at the end of 2021, is owned by Galerie Living of Atlanta. The recapitalization ...

Mesa West Capital has provided $57 million of mortgage financing against the 203-unit Thrive at Montvale seniors-housing property in Montvale, N.J. The property, at 110 Summit Ave., is owned by a venture of AEW Capital Management, Thrive Senior Living of ...

South Florida Business Journal A venture led by Silver Tree Residential has sold the 213-unit Imperial Club seniors-housing property in Aventura, Fla., for $43.2 million, or $202,817/unit. The Memphis, Tenn., developer, in partnership with nonprofit First Baptist Housing of Bridgeport, ...

Commercial Real Estate Direct Staff Report JLL Capital Markets has arranged $35 million of mortgage financing against Ocean Hills Senior Living, a 216-unit seniors-housing property in Oceanside, Calif. The loan, provided by a regional bank, pays a fixed coupon over ...