Skilled Nursing Dealbook: $270M Portfolio Acquisition Involving Cascadia; NJ Nursing Home Receives $33.6M

First Citizens Bank arranged the $270 million sale of a 30-facility portfolio across five states. MonticelloAM, meanwhile, financed a $33.6 million bridge loan for a New Jersey nursing home. First Citizens Bank Arranged $270M in Nursing Home Portfolio Financing First Citizens Bank, through its health care finance business, arranged $270 million in financing support for […]

SNN Dealbook: Six Nursing Homes Sold in Massachusetts

Six nursing homes in Massachusetts were sold to a New Jersey-based provider. Meanwhile, Forest Healthcare Properties facilitated the sale of two nursing homes, one in Kentucky and the other in Connecticut. Whittier Sells Six Nursing Homes to Atlas Healthcare Group Six nursing homes in Massachusetts were sold to New Jersey-based operator Atlas Healthcare Group, which […]

Two LeadingAge Affiliates Merge; 866-Bed, 7-Facility Nursing Home Portfolio Sells in Florida

LeadingAge Illinois and LeadingAge Iowa announced plans to merge this week. Meanwhile, Forest Healthcare Properties closed four separate transactions in September across Massachusetts, New York, and Florida, with the sale of a portfolio of seven facilities in the latter state. Two LeadingAge affiliates merge Effective November 1, 2024, LeadingAge Illinois and LeadingAge Iowa announced plans […]