KeyBank Originates Financing for Chicago Pacific Founders Acquisition. KeyBank Real Estate Capital recently originated the $14.4 million Fannie Mae financing for Chicago Pacific Founders’ purchase of Parkrose Estates Retirement Community, a 100-unit senior housing community in Liverpool, New York.
How realistic is this? John Rijos of Chicago Pacific Founders, and Chris Winkle of Sunrise Senior Living, shared their real-world experience with medicare advantage plans, and said it is very realistic. Jerry Taylor, of Solera, had not yet implemented a MA plan, but agreed with the concepts.
Transactions & Financings: Chicago Pacific Founders, CBRE. CBRE secured a seven-year floating rate loan with 24 months of interest only through its freddie mac seller servicer direct lending program. Post-close, the community will be managed by Grace Management, which is wholly owned by cpf living. aron Will also recently arranged acquisition.
During his tenure at EagleBank he has worn several hats, and participated in the origination of more than $2 billion in real estate transactions. of CBRE’s Mid Atlantic Debt & Structured Finance.
LAS VEGAS – CBRE has arranged financing for The Echelon, a 116-unit independent living community in Las Vegas. The borrower is Chicago Pacific Founders, which acquired the property in 2014. Since that acquisition, the new owners have increased occupancy from around 75 percent to 98 percent.
The Dealmakers Forum E-Newsletter, September 3, 2014 – Grace Management and chicago pacific founders ink deal. Perhaps one indication of a hot market is the increase in hotel conversions to senior living. MidCap Financial recently financed the acquisition of a former resort hotel in Hot.
Meet John Rijos, chairman and CEO of CPF Living Communities and co-founder/operating partner of Chicago Pacific Founders, an investment fund focused on senior housing. Rijos is a senior housing leader with strong hospitality roots who has recently reemerged in the industry with the new company that some are calling "the next" Brookdale.
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Stay up-to-date with the latest real estate news about Jay Wagner with MultiHousing News.. C&W Closes Sale of FL Senior Housing. Chicago Pacific Founders acquired Camellia at Deerwood, a 189.
Since NIC incorporated as a 501(c)(3) organization in 1993, we have benefited from the strong leadership of our Committees, which drive the various initiatives that are invaluable to the seniors housing investment and care industry.