Partnerships
12 Oaks partners with August Health
12 Oaks Senior Living has forged a strategic partnership with August Health to enhance its care and compliance capabilities.
The collaboration aims to utilize advanced health data analytics and integrated care platforms to provide personalized care for residents and emphasize value-based care.
Greg Puklicz, President of 12 Oaks Senior Living, expressed enthusiasm about the partnership, stating, “With the help of August Health, we are dedicated to delivering top-quality care to our residents and ensuring smooth care and compliance operations.”
Transactions
Berkadia sells two communities
Berkadia recently completed the sale of two assisted living and memory care communities in the Atlanta metro area. The 146-unit transaction was facilitated on behalf of a publicly traded real estate investment trust.
Both properties, located in Atlanta and Marietta, were acquired by a regional owner/operator, as announced in a press release.
Blueprint advises on Oklahoma divestiture
Blueprint played a key role in advising on the divestiture of a skilled nursing portfolio in Oklahoma. The seven-community portfolio was successfully sold by Birchwood Healthcare Partners.
A Missouri-based provider was chosen as the buyer, showcasing its strategic expansion in the state, according to the press release.
Financings
Capital Funding Group closes on $9.75M loan
Capital Funding Group recently finalized a $9.75 million Bridge-to-HUD loan on behalf of a renowned borrower. The loan facilitated the refinancing of a 123-bed skilled nursing facility in Massachusetts and closed on May 1.
This financing follows CFG’s previous closing of a $36.2 million Bridge-to-HUD loan, supporting the refinancing of five skilled nursing facilities in North Carolina totaling 522 beds, as stated in the press release.
