Ensign Closes SNF Deals in 3 States; White Oak Executes $275M in Financings For 6 Transactions

The Ensign Group announced a series of SNF acquisitions and long-term leases earlier this month, including one facility in Arizona, two in South Carolina and six in Texas. Ensign acquired the operations of Oak Harbor Healthcare, a 132-bed skilled nursing facility located in Mount Pleasant, S.C. and Oak View Health and Rehabilitation, a 190-bed SNF […]

SLIB Closes on 116-Bed Facility; CIBC Finances $50M For 5 SNFs

Senior Living Investment Brokerage announced the sale of Cla-Cliff Nursing and Rehabilitation Center, a 116-bed facility in Brinkley, Ark. The facility was owned and operated within the same family for nearly 60 years, but ultimately the seller was looking to retire and exit the sector. The buyer is a regional owner looking to expand its […]

Ziegler Closes Nearly $92M in Financing; Ensign Group Buys Up Three SNFs

Specialty investment bank Ziegler announced it closed $91,910,000 Series 2021A, Series 2021B and 2021C bonds for a Washington not-for-profit corporation that owns and operates a continuing care retirement community in Tacoma, Wash. The bonds will be used to fund an expansion project that will include the construction of 91 new independent living units, a new […]

Ensign Group Adds Two Texas SNFs; Berkadia $2B First Half

The Ensign Group Inc. (Nasdaq: ENSG) acquired Sedona Trace Health and Wellness, a 119-bed skilled nursing facility in Austin, Texas, and Cedar Pointe Health and Wellness Center, a 122-bed SNF in Cedar Park, Texas, earlier this month. Real estate for both facilities was purchased by CareTrust REIT, Inc. (Nasdaq: CTRE) in the deal as an […]

Cambridge’s $16.9M Skilled Nursing Closing; Betting on QIPP in Texas [UPDATED]

The Chicago-based Cambridge Realty Capital announced a host of skilled nursing deal closings completed during the fourth quarter of 2020, bringing the lender’s total to $415 million for the year. The largest of those transactions involved $16.9 million for Manor Court* of Peru, Ill., a campus with 94 skilled beds, 68 assisted living units, and […]