Transactions
Stellar Senior Dwelling expands in Arizona
Stellar Senior Dwelling introduced it has expanded its Arizona footprint with the addition of La Sonora at Dove Mountain in Marana, Arizona.
The group presents assisted residing, impartial residing and reminiscence care companies, a press launch states.
Options embrace “upscale facilities, restaurant-style eating, spacious residences and an energetic calendar of resident-led golf equipment, courses and occasions,” in line with the discharge.
Berkadia proclaims financing, sale of two communities
Berkadia introduced the sale and financing of Grand Dwelling at Citrus Hills and Grand Dwelling at Bridgewater.
The 2 communities whole 337 items and are situated in Hernando, Florida and Iowa Metropolis, Iowa, respectively, in line with a press launch.
The customer was Chicago Pacific Founders and its subsidiary CPF Dwelling Communities. The communities shall be renamed The Summit of Coralville and The Summit of Citrus Hills, and shall be operated by CPF Dwelling’s affiliate property administration firm, Grace Administration, Inc., the discharge states.
Blueprint introduced its involvement within the sale of Independence Court docket of Quakertown, an assisted residing group situated in Bucks County, Pennsylvania.
The group was inbuilt 1989 and struggled to recuperate from pandemic lows, in line with a press launch.
The group was in the end offered to a partnership between CareOne and Cardinal Senior Dwelling, and the deal closed July 2.
Blueprint introduced its involvement in aiding a big New York-based senior residing operator promote an 80-unit assisted residing and reminiscence care group in Harrisburg, Pennsylvania.
Whereas the group was performing, it was famous to be non-core to the proprietor’s geographic portfolio footprint, in line with a press launch.
The proprietor in the end chosen a gaggle that selected to retain Viva Senior Dwelling because the supervisor, the discharge states.
Financings
Greystone arranges $43.5M refinance
Greystone introduced it organized a $43.5 million debt placement to refinance an impartial residing group in Oregon.
The 142-unit group options upscale facilities tailor-made for senior residents, a press launch states.
Financing was sourced by Managing Director David Younger.
Oxford Finance closes over $715M in 2025
Oxford Finance LLC introduced its healthcare actual property and asset-based lending staff closed 10 transactions totaling over $715 million in new mortgage commitments within the first half of 2025.
Loans had been used for refinancing and acquisition functions for quite a lot of group varieties, together with expert nursing services, behavioral well being services and impartial residing communities, in line with a press launch.
Famous acquisitions occurred in California, Michigan and Washington, the discharge states.
Cambridge Realty Capital supplies $19.3M in HUD loans
Cambridge Realty Capital introduced it offered $19.3 million in HUD-insured Part 223(f) financing for 2 communities in Texas and Missouri.
The financing in Texas was used to buy Ashwood Court docket, a 120-bed assisted residing facility situated in North Richland Hills, and the Missouri financing was used to refinance Northland Rehabilitation and Healthcare Heart, a 118-bed expert care facility in Kansas Metropolis, Missouri, in line with a press launch.
Cambridge utilized its “Early Fee Lock” program, which allowed the communities to early fee lock earlier than all HUD approvals had been obtained, the discharge states.
Partnerships
MorningStar, Ventas announce new relationship
MorningStar Senior Dwelling introduced it has a brand new relationship with Ventas, Inc. (NYSE: VTR) in assist of its Silver Lake group in Everett, Washington.
“MorningStar at Silver Lake will profit by transitioning from one best-in-class proprietor to a different, enabling us to convey the complete worth of MorningStar’s service excellence to its residents,” Jamie Ranzan, president and chief funding officer of MorningStar, stated in a press launch. “We’re blessed to work alongside Ventas as we broaden our respective portfolios.”
MorningStar assumed administration of the group in 2021. Since then, it has gone from census challenged to just about full occupancy, the discharge states.
