Home / Financial

Financial

Capital Senior Living Named Among Recipients of Apprenticeship Grant From U.S. Department of Labor Through Dallas County Community College District

DALLAS–Capital Senior Living (NYSE: CSU), one of the nation’s largest operators of senior living communities, announced it has been selected to participate in a $12 million apprenticeship grant through the Dallas County Community College District (DCCCD) from the U.S. Department of Labor. The grant will promote work-based training and serve …

Read More »

IPA Brokers $27 Million Senior Housing Asset Sale in Greater Phoenix

SCOTTSDALE, AZ–Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced  the sale of The Manor Village at Scottsdale, a 101-unit senior housing asset in Scottsdale, Arizona. The property sold for $27 million, or $267,327 per unit. “Currently, approximately 25% of Scottsdale’s 230,000 residents are in the …

Read More »

Washington Trust Provides $30 Million to Benchmark for Its Popular New Pond Village Community in Walpole, MA

WALPOLE, MA–Washington Trust’s Commercial Banking Group recently provided $30 million to Benchmark Senior Living for the refinancing of its New Pond Village continuing care community in Walpole, MA. The community, which sits on 19.4 acres just 19 miles south of Boston, last year celebrated the completion of an $8 million renovation and the opening of its Mind & …

Read More »

Skilled Nursing Transaction Announced in Gainesville, Texas

GAINESVILLE, TX–SLIB, a leader in the seniors housing transaction market, facilitated the turnaround sale of River Valley Health and Rehabilitation Center of Gainesville. The community encompasses +/- 20,000 sq. ft. on a +/- 1.6 acre lot, offering 116 licensed beds and 84 operational beds. This 1971-built community struggled with occupancy …

Read More »

Champaign County Nursing Home Sale Brokered by IPA

URBANA, IL–Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of the Champaign County Nursing Home, a 243-bed skilled nursing facility in Urbana, IL. The sales price was $11 million. Joshua Jandris, Mark Myers, and Matthew Andriano, all of IPA, represented the seller, Champaign …

Read More »