Transactions
SLIB sells Pennsylvania SNF
Senior Dwelling Funding Brokerage introduced its involvement within the sale of Mountain View in Coal Township, Pennsylvania on Dec. 31.
In line with a press launch, the neighborhood capabilities primarily as a 271-bed expert nursing facility with an extra eight impartial residing models and a reminiscence care neighborhood.
The vendor is a non-public proprietor primarily based in Pennsylvania, and the client is a New Jersey-based owner-operator with a robust presence in Japanese Pennsylvania, in keeping with the press launch.
Blueprint introduced it was engaged by a nationwide personal fairness investor to promote a Class A neighborhood in Detroit, Michigan.
In line with a press launch, the neighborhood consists of 100 models of assisted residing and reminiscence care, in addition to a set of up to date facilities.
The neighborhood was bought to a purchaser group consisting of Silver Wave Capital, Persimmon Ventures and Synergy Senior Administration.
Senior Dwelling Funding Brokerage was tapped to promote a 102-unit assisted residing and 39-bed expert nursing facility in Central Florida.
In line with a press launch, SLIB labored on behalf of a publicly traded REIT to finish the transaction.
The neighborhood was bought to regional proprietor and operator who intends a “sturdy bodily plant improve instantly” to reposition inside the native market, the discharge states.
Financings
Brookdale secures $344.2M
JLL Capital Markets introduced it has secured a $344.2 million company lending for Brookdale’s senior residing portfolio.
In line with a press launch, JLL was in a position to originate the seven-year, fixed-rate mortgage underneath its Grasp Credit score Facility Settlement with Fannie Mae, with proceeds getting used to pay $312.5 million of variable charge debt due September 2027.
The portfolio represents 5,102 models throughout 14 states.
