JLL arranges sale and financing of Pennsylvania seniors housing portfolio
United States, Oct. 15 -- JLL Capital Markets announced today that it has closed the sale and arranged financing for the Pennsylvania Portfolio, a collection of seven assisted living and memory care communities totaling 479 units across Pennsylvania.JLL's National Senior Housing team represented the longtime owner, ValStone Partners, in the sale to a joint venture between Almanac Realty Investors and Priority Life Care. JLL also arranged a five-year acquisition loan through a regional lender on behalf of the buyer. The communities were previously operated by IntegraCare, a well-regarded regional senior living operator with a proven track record across Pennsylvania, Maryland and Virginia. The portfolio was operating with excellent margins an...
To read the full article or to get the complete feed from this publication, please
Contact Us.