Finance & Investment
KeyBank Healthcare Funds Blackstone’s $703M Senior Housing Acquisition
The portfolio varies among care types, with 5,973 units in 64 communities. Spread across 19 states, they are currently operated by Brookdale Senior Living.
On the Market: 5 Interesting Listings for the Week of 3/27
This week’s listings feature a property located two miles from the Las Vegas Strip and a luxury community in the growing Augusta, Ga.
Preferred Closed the Sale on 2 Communities Totaling $114M
The properties, located in Kansas City, Kan., and Atlanta, have an annualized return of 19.1 percent.
Berkshire Lands $73M NC Luxury Community
The Boston-based company is the new owner of Alexan Chapel Hill, a 265-unit property on the edge of the Research Triangle. Take a virtual tour of the building with our slideshow.
Bascom Group Nabs $94M Orange County Community
The company plans to upgrade and modernize the 406-unit infill asset, which was built in 1972.
NHP Foundation Acquires DC Affordable Housing for $16M
Located in the gentrifying Brightwood section of Northwest Washington, D.C., Takoma Place consists of 105 units in seven buildings.
Denver Mixed-Use Project Lands Construction Loan
The 190-unit development will also include 12,000 square feet of retail space.
JLL Provides $208M for Baltimore County Value-Add Deal
Morgan Properties purchased the six-building, 1,979-unit portfolio.
Capital One Closes $10M Fannie Mae Loan for SoCal Community
Positive Investments secured the seven-year floating-rate loan to purchase a 116-unit community in Modesto, Calif.
Griffis Wins $82M for Downtown Denver Apartments
The 400-unit property is located in the North Union Station neighborhood.