Senior Housing
Lancaster Pollard Arranges Refi for Massachusetts Skilled Nursing Facility
Aaron Becker and Adam Walter secured the financing for the 123-bed facility in Holden.
Watercrest Senior Living Breaks Ground on Myrtle Beach Development
Watercrest Myrtle Beach Assisted Living and Memory Care will feature 98 units and first move-ins are expected late next year.
Sherman Associates Sells Minnesota Affordable Community
JLL represented the seller in its disposition of the historic property converted to residential use in 1980.
Hampstead Development Lands $28M for Salt Lake City Asset
The 80-unit senior community caters to residents earning 60 percent of the area’s median income.
Tryko Partners Expands Greater Philadelphia Portfolio
The company purchased a two-facility asset providing skilled nursing and personal care services in Springfield, Pa., its fourth investment in the region.
Tryko Partners to Purchase Rhode Island Facility
The company intends to invest $5 million at the 200-bed skilled nursing property in North Providence.
Nonprofit Snags $45M Refi for Memphis-Area Senior Community
The funding pays out existing Series 2012 bonds through a Cinderella Refunding scheme.
COVID-19’s Uneven Impact on Senior Housing Occupancy
The National Investment Center for Seniors Housing & Care found that occupancy at assisted living facilities fell to the lowest level on record in May.
Evergreen Lands $16M Refi for Chicago-Area Community
The 134-unit property in Joliet, Ill., caters to seniors aged 62 and over and disabled individuals.
Centers Health Care Secures Financing for New York Skilled Nursing Facilities
Greystone secured the HUD-insured loans for the portfolio totaling 323 beds.