BPM Senior Living Company acquired PetSmart's Corporate Headquarters in North Phoenix from VEREIT, Inc. (NYSE:VER) for $110 million on March 31, 2021. Barry Gabel, Chris Marchildon and Will Mast of CBRE Group, Inc. along with Kevin Shannon, Ken White and CJ Osbrink of Newmark acted as real estate broker to seller. Kevin Lytle of Buchalter, A Professional Corporation acted as legal advisor to VEREIT. BPM Senior Living Company completed the acquisition of PetSmart's Corporate Headquarters in North Phoenix from VEREIT, Inc. (NYSE:VER) on March 31, 2021. 3650 REIT has originated a $68 million senior first-mortgage loan for the acquisition of PetSmart Headquarters. The loan carries a term of 84 months and is provided to sponsor BPM Real Estate Group. The loan was arranged by Ramsey Daya and Stephen Scarpulla of Newmark