Finance & Investment
Sares Regis Expands Arizona Portfolio
The company acquired its latest property in Phoenix as part of its Fund III that targets communities in the West.
Long Island Skilled Nursing Asset Snags $71M Refi
Greystone provided the financing for the 320-bed property owned and operated by the Fuchs family.
Lynd Co. Lands $45M for Texas Portfolio
Hunt Real Estate Capital arranged the loan that will be used for the refinancing and renovation of three properties in San Antonio and Universal City, Texas.
San Diego-Area Senior Living Asset Trades for $22M
The seller had acquired the 151-unit community in 2015 for $14.7 million.
Elevation Enters Indiana Senior Housing Market
The private equity investment company paid $20 million for a 496-unit affordable senior community in Indianapolis, its largest transaction to date.
Passco Spends $90M in Suburban Chicago
KeyBank financed the acquisition of the recently developed luxury community in Vernon Hills, Ill.
CPC Scores $33M Fannie Mae Affordability Package
The New York State Housing Finance Agency also provided $20,000 per unit to fund capital improvements at the three properties.
Phoenix Realty, Hanover Acquire 2 Seattle-Area Properties for $79M
With a total of 361 units, Lake Meridian and Royal Firs were owned by the same investor and sold as a portfolio.
PCCP Extends $76M Loan for Los Angeles Buy
Bridge Investment Group sold the 306-unit community in Paramount, Calif., to a joint venture.
Griffis/Blessing Buys Colorado Springs Student Community
NorthMarq Capital provided the new owner of the 506-bed property with financing for the $34 million acquisition.