Senior Housing

The REIT has sold its stake in the Benchmark Senior Living portfolio for $1.8 billion and is also acquiring a handful of facilities including 6-building, 270,000 square foot medical office campus for $140 million from Summit Medical Group.

Cushman & Wakefield Senior Housing Capital Markets, which is based in Boston, reports it has arranged $26.5 million of institutional equity capital from a private equity fund for a 203-unit project in Montvale.

After a decade, the Del Webb brand is returning to Las Vegas with a new active senior housing project.

The company partnered with the Bahrain-based asset manager to acquire 6 private-pay senior living communities in California, Washington and Michigan.

Cushman & Wakefield Senior Housing Capital Markets, which acted as exclusive advisor to Homestead Senior Living, LLC, arranged the refinancing transaction with MidCap Financial, of Bethesda, MD, which provided the $57.3-million floating rate first mortgage loan.

Muinzer and T2 Capital Management are preparing to launch a Qualified Opportunity Zone Fund in the second half of 2019.

Canyon provides $10.9 million to Griffin Living to develop a ground-up senior housing development in Southern California.

The San Marcos 98-stall mobile home property has significant upside for the value-add buyer.