by Vaughn-Shane Camarda | Feb 7, 2023
Project Info Terova Senior Living This distressed asset was purchased in Q4-2020, at the height of the COVID pandemic, with 78 rentable units including: 43 Independent Living (IL), 26 Assisted Living (AL) and 9 Memory Care (MC) as well as 23 vacant Skilled Nursing...
by Vaughn-Shane Camarda | Feb 6, 2023
Project Info Charter Senior Living of Vinings This distressed asset was purchased in Q3-2022, with 114 rentable units including: 90 Assisted Living (AL) and 24 Memory Care (MC). The seller of the Charter Senior Living of Charlotte asset also owned this perpetually...
by Vaughn-Shane Camarda | Feb 5, 2023
Project Info Charter Senior Living of Charlotte This distressed asset was purchased in Q2-2022, with 87 rentable units including: 69 Assisted Living (AL) and 18 Memory Care (MC). In Q3-2021 the state of North Carolina issued a moratorium on admissions to the...
by Vaughn-Shane Camarda | Feb 4, 2023
Project Info Charter Senior Living of Hazel Crest This distressed asset was purchased in Q4-2021, with 64 units including: 16 Assisted Living (AL) and 48 Memory Care (MC). The prior owner purchased the asset out of bankruptcy and hired a new management company to...
by Vaughn-Shane Camarda | Feb 3, 2023
Project Info Appletree Court Senior Living This value-add asset was purchased in Q4-2022, with 112 rentable units, all of them being Assisted Living (AL). The prior owner purchased the asset in 2019 with the investment thesis of renovating AL units into Memory Care...
