Berkadia announced the refinancing of The Pillars of Prospect Park, a 283-unit seniors housing community in Minneapolis, Minnesota. Managing Directors Austin Sacco and Steve Muth of Berkadia Seniors Housing & Healthcare secured bridge financing through a national bank on behalf…
JLL Capital Markets arranged a $52-million refinancing for Atria Newport Beach, a 168-unit senior living community located in Newport Beach. Senior managing director Aaron Rosenzweig and director Dan Baker represented the borrower, a partnership between a national REIT and Atria Senior Living. MidCap Financial, a commercial finance company…
JBG SMITH, an owner and developer of mixed-use properties in the Washington, DC, market, announced that animal hospital provider GoodVets will join the mix of retailers at The Grace and Reva in National Landing. GoodVets, which provides comprehensive veterinary care,…
Berkadia announced today the financing of Modena Reserve at Kensington, a 135-unit, seniors housing community in Kensington, Maryland. Managing Directors Steve Muth and Austin Sacco of Berkadia Seniors Housing & Healthcare secured a $47.4 million loan through a Debt Fund…
In this fifth and final article of a five-party series, experts share their retail sector outlook—and ICSC commentary—with Connect CRE. The other articles, “Investors, Stores and Restaurants: An Increasing Mix,” “Understanding the Retail Sector: Where We’ve Been and Where We…
Daniel Eisenstadt Here’s a fun fact: According to the 2024 American Pet Products Association National Pet Owners Survey, 82 million U.S. households own a pet. Another fun fact? These households spent $39.1 billion in veterinarian care and product sales. Increased…
Focus Healthcare Partners acquired Treeo Senior Living for $26.2 million. Columbia Pacific Advisors was the seller. The Triangle Business Journal reports Columbia Pacific Advisors developed the community after buying the land for $1.8 million in 2016. Columbia built the facility…
Clearway Pain Solutions, a pain management medical practice, has signed a lease with Padonia Place, LP, for 10,490 square feet of space at 2405 York Road. The transaction brings the three-story medical office building in Timonium to 100 percent occupied. Clearway leased 6,400…
Marcus & Millichap closed the sale of MedMark Medical Center, a 12,750-square-foot medical office located in Lafayette, Indiana. The property sold for $2.6 million with a 6.6 percent cap rate. Three and a half years remain on the NN lease…
Newmark has arranged the sale of 90 Mountain View I, a three-story, 91,082 square-foot, Class A office and medical office project located at 9977 North 90th Street in Scottsdale. The asset sold for $11 million. Newmark Executive Managing Directors Barry Gabel,…
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