$40M Joint Venture Acquisition and $23M Financing of Three-Property Senior Living Portfolio – TX, TN and VA
Represented senior living operator in formation of joint venture to acquire $40M portfolio of three senior living facilities in Richmond, VA, Arlington, TX, and Oak Ridge, TN, including internal restructuring of operator partner and negotiation of joint venture agreement, operating leases and management agreements. Also represented joint venture in closing of $23M acquisition loan.
Posted in Commercial Transaction, Real Estate Finance