NHI Closes $154.5M Loan to Expand Wash. Community

ISSAQUAH, Wash. — National Health Investors (NYSE: NHI) has finalized a previously disclosed agreement to lend up to $154.5 million to recapitalize and finance the expansion of Timber Ridge at Talus, an entrance-fee senior living community in Issaquah, Wash.

Cambridge Refinances Four Okla. Facilities for $10.3M

Cambridge Realty Capital Companies has arranged a $10.3 million conventional loan to refinance four Oklahoma facilities: the Heartsworth Center for Nursing & Rehab and Heartsworth House Assisted & Independent Living in Vinita, and the North County Center for Nursing & Rehab and North County Assisted Living in Collinsville.

CNL Healthcare Properties Adds $405M Credit Facility

ORLANDO, Fla. — CNL Healthcare Properties, a real estate investment trust (REIT) focused on senior housing and healthcare properties, has entered into a $405 million unsecured credit facility and term loan, which can be expanded to $700 million.

Seniors Housing Expected to Outperform Again in 2015

With seniors housing property sales in 2014 hitting $17 billion - exceeding the $15 billion recorded last year - industry executives predict no slowdown in the acquisitions market in the year ahead. Capital continues to flood the sector from established and new players alike, as property prices are expected to continue to rise amid fierce competition for trophy facilities.

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