Tag: senior living

GE Capital Provides $48.5 Million Financing For Acquisition Of Four Senor Care Facilities In Arizona

Posted 05.27.2015 | Categories: Senior Housing/Assisted Living | No Comments

BETHESDA, MD, MAY 27, 2015 – GE Capital’s Healthcare Financial Services (HFS) business announced today that it was the administrative agent and a lender on a $48.5 million financing to a joint venture among LTC Properties Inc., Silverstone Healthcare Real Estate and Senior Lifestyle Corp. The funds were used for the acquisition of four senior […]

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Health Care REIT Closes $3.4B Purchase of Sunrise

Health Care REIT Closes $3.4B Purchase of Sunrise

Posted 01.10.2013 | Categories: Featured, Senior Housing/Assisted Living | No Comments

TOLEDO, OH—Health Care REIT Inc., based here, said Wednesday that it has closed its $3.4 billion acquisition of Sunrise Senior Living Inc., but will be acquiring additional joint venture partner interests in Sunrise properties, for a total of $900 million, by July.

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Senior Housing: Smith Crossing Announces $35 Million Addition To Existing CCRC

Senior Housing: Smith Crossing Announces $35 Million Addition To Existing CCRC

Posted 02.02.2010 | Categories: Senior Housing/Assisted Living | No Comments

Smith Crossing, a continuing care retirement community (CCRC) in Orland Park, Illinois, announced plans to build a $35 million addition that will add 200,000 square-feet and convert 16 existing memory care suites that will be converted to skilled nursing care rooms.

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Senior Housing: Cornerstone Acquires $33 Million Senior Living Project On Nantucket Island for $6.0 Million

Posted 01.05.2010 | Categories: Senior Housing/Assisted Living | No Comments

Cornerstone Real Estate Funds recently announced together with its strategic alliance partner and sub-advisor Servant Healthcare Investments, that it has finalized its purchase of Sherburne Commons, a 60 unit senior living community located on the island of Nantucket, MA. Cornerstone/Servant was selected as the winning bidder to acquire the community after its prior owner filed […]

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Self Storage: Rentals thriving despite economy

Posted 08.12.2009 | Categories: Self Storage, Senior Housing/Assisted Living | No Comments

Developers find market in apartments, storage. Finding little demand for new subdivisions and retail centers, Memphis-area developers have turned to two types of projects that have remained marketable even during the economic downturn: self-storage units and apartment complexes. In recent months, two large-scale storage facilities and two major apartment complex projects have been proposed by […]

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