Mergers
Healthpeak Properties, Inc., Physicians Realty Trust approved to merge
Healthpeak Properties, Inc. and Physicians Realty Trust announced that stockholders and shareholders for the respective companies have approved a merger. The transaction is expected to close on March 1, and the company will operate under the Healthpeak Properties, Inc. name.
Transactions
Blueprint was engaged to sell a 58-unit assisted living community in central Kansas, built in the 1990s, to a Kansas-based owner and operator. Additionally, Blueprint was involved in the selling of the five-community Carolina Gardens portfolio, totaling 334 units, which was purchased by New Jersey-based Spring Oak and closed on Jan. 31.
Financings
JLL Capital Markets arranges acquisition financings for two communities
JLL Capital Markets arranged the acquisition financing for two communities on behalf of Jaybird Senior Living, securing $17.9 million for two loans for the combined 118 units in Vintage Hills of Indianola and Country Meadow Place.
Capital Funding Group finances more than $1.7B in 2023
Throughout 2023, Capital Funding Group executed or arranged more than $1.7 billion in financing, including healthcare and multifamily loans, for skilled nursing, senior housing, and multifamily communities across the country.
EBSC Lending provides $19.5M refinance loan
EBSC Lending provided a $19.5 million loan for a multifamily co-living community in California, with proceeds to pay off an existing loan and recapitalize the property.
Expansions
Lutheran Senior Services expands home, community based services
Lutheran Senior Services expanded its home and community-based services through the acquisition of Christian Horizons’ New Horizons Program for All-Inclusive Care for the Elderly program, furthering its mission to create places, services, and opportunities for people to age well with purpose and fulfillment.
