CIBC Bank Closed 2 SNF Deals; Tryko Partners Adds New Jersey Nursing Home

CIBC Bank USA closed a $73.4 million acquisition loan for a four-home senior care portfolio in Pennsylvania and a $21 million cash-out refinance for a three-home portfolio in Nebraska last month. The Pennsylvania portfolio, which includes approximately 675 skilled nursing beds and 100 senior living units, received a five-year mortgage loan and a $6 million […]

Goodman Group Starts with Skilled Nursing to Roll Out Alexa Voice Tech

One senior living management company is looking to capitalize on voice technology in its skilled nursing settings to distinguish itself in the market — and to gain some efficiencies in an industry plagued by worker shortages. The Goodman Group, a senior housing and care development and management company headquartered in Chaska, Minn., manages communities with […]