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It was a 10-year Freddie Mac senior loan.
Raising capital and finding the right technology is key for innovative firms.
As a result, average annual rent growth was 4.2%.
Through the fund, 70 percent of the capital has been committed to 70 properties.
The company also announced debt moves.
The market for senior housing and nursing homes is expected to bounce back in 2025 after sales volume reached their lowest level in Q1.
Industry challenges meet a quick expansion in the aging population.
The reason is simple: Too much current and future need and not enough supply.
Plus, there's a preferred equity investment worth $43 million.
"What we're doing is using lower-cost equity."