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A VA program can help many seniors, but there may be sharks in the water.
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Grandbridge Arranges $14.9M Refinancing for Community in Florida
RIVERVIEW, Fla. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged a $14.9 million refinancing for Crossings at Riverview, a 92-unit seniors housing community in the Tampa suburb of…
LCS Development to Lead $125M Expansion of Community in Boca Raton
BOCA RATON, Fla. — LCS Development, an LCS Company, has been selected to develop and market the $125 million expansion of the Toby & Leon Cooperman Sinai Residences of Boca Raton.
Pathway to Living, Caddis Open 96-Unit Community in Orland Park, Illinois
ORLAND PARK, ILL. — Pathway to Living and Caddis Healthcare Real Estate have opened Heartis Village of Orland Park, a 96-unit assisted living and memory care community.
Blueprint Brokers Sale of Two Skilled Nursing Facilities in Southern Illinois for $5.5M
EDWARDSVILLE, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the sale of University Nursing and Rehabilitation Center and Edwardsville Nursing and Rehabilitation, both located in Edwardsville, for $5.5 million.
Tax Code Changes Could Boost Seniors Housing Occupancy, Says Marcus & Millichap
CALABASAS, Calif. — Recent changes to the U.S. tax code have made homeownership less advantageous to taxpayers, which could spur more seniors to sell their homes in favor of seniors…
BridgeWater Opens 140-Unit Affordable Community in Midtown Phoenix
PHOENIX — BridgeWater Assisted Living has opened BridgeWater Assisted Living Midtown, a 140-unit affordable seniors housing community in Phoenix.
Blueprint Brokers Sale of 82-Bed Skilled Nursing Facility in Kansas
SALINA, Kan. — Blueprint Healthcare Real Estate Advisors ha arranged the sale of Kenwood View Health and Rehabilitation Center, an 82-bed skilled nursing facility in Salina, approximately 175 miles west…
SQLC Opens $72M Expansion at The Buckingham CCRC in Houston
HOUSTON — Developer and operator Senior Quality Lifestyles Corp. (SQLC) has opened a 183-unit expansion at The Buckingham, a continuing care retirement community in Houston.
Avanath Capital Management Acquires Two Seniors Housing Communities for $23.8M
UPPER MARLBORO, Md., and WHARTON, N.J. — Avanath Capital Management has acquired two seniors housing communities totaling 211 units for $23.8 million.
Benchmark Hires Kindred Veteran Jerry Kemper as CFO
WALTHAM, Mass. — Benchmark Senior Living, a Waltham-based owner-operator, has hired Jerry Kemper as senior vice president and chief financial officer.
Chicago Pacific Founders Acquires 100-Unit Community in Central New York
LIVERPOOL, N.Y. — Chicago Pacific Founders (CPF) has acquired of Parkrose Estates, a 100-unit independent living community in the Syracuse suburb of Liverpool, for an undisclosed price.
Walker & Dunlop Provides $10M Construction Loan for Property in Sonoma County
CLOVERDALE, Calif. — Walker & Dunlop Inc. has provided $10 million in HUD financing for the construction of Vine Ridge, a 51-unit assisted living community in the Sonoma County city…
Blueprint Brokers Sale of 64-Unit Assisted Living Community in Illinois
FOX LAKE, Ill. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Paradise Park Assisted Living and Memory Care, a 64-unit community in the Chicago suburb of Fox…
CBRE Arranges $59M Construction Financing for Seniors Housing High Rise in Houston
HOUSTON — CBRE has arranged $59 million in construction financing for The Village of Southampton, a 17-story seniors housing community in Houston.
Cushman & Wakefield Arranges Welltower's Acquisition of 176-Unit Community Near Raleigh
CARY, N.C. — Cushman & Wakefield Senior Housing Capital Markets Group has arranged the sale of Woodland Terrace, a 176-unit independent living, assisted living and memory care in Cary.
Charter Hires Roger Peden as Executive Director of Property in Tennessee
HERMITAGE, Tenn. — Charter Senior Living has named Roger Peden II as executive director of Charter Senior Living of Hermitage, and independent living, assisted living and memory care community in…
NIC: Seniors Housing Occupancy Hit Six-Year Low in First Quarter
ANNAPOLIS, Md. — Overall seniors housing occupancy hit a six-year low of 88.3 percent during the first quarter of 2018, with assisted living reaching an all-time low of 85.7 percent…
Bozzuto Group Completes 231-Unit Active Adult Community Near Philadelphia
KING OF PRUSSIA, Pa. — The Bozzuto Group has completed the development of Canvas Valley Forge, a 231-unit active adult community in the Philadelphia suburb of King of Prussia.
NorthMarq Arranges $11M Refinancing for 55+ Community Near Tampa
NEW PORT RICHEY, Fla. — NorthMarq Capital has arranged an $11 million refinancing for Villas at Hunter’s Ridge, a 221-unit age-restricted community in the Tampa suburb of New Port Richey.
Capitol Seniors Housing Opens $27M Assisted Living Community in Illinois
NAPERVIELLE, Ill. — Capitol Seniors Housing has opened Arbor Terrace Naperville, 95-unit assisted living and memory care community in Naperville, a western suburb of Chicago.
Integrated Property Management Plans 101-Unit Expansion Near Houston
KINGWOOD, Texas — Integrated Property Management has announced expansion plans for Watercrest at Kingwood, an independent living community in Kingwood, a master-planned community just north of Houston.
Frampton Construction Breaks Ground on Community in South Carolina
FORT MILL, S.C. — Frampton Construction Co. has broken ground on The Blake at Baxter Village, an independent living, assisted living and memory care community located in Fort Mill, just…
KeyBank Provides $28M Acquisition Loan for 185-Unit Community in Jacksonville
JACKSONVILLE, Fla. — KeyBank Real Estate Capital has provided $28 million in financing for the acquisition of Camellia at Deerwood, a 185-unit seniors housing community in Jacksonville.
Blueprint Negotiates Sale of 181-Bed Skilled Nursing Facility Near Philadelphia
WYNDMOOR, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Chestnut Hill Lodge Health and Rehabilitation Center, a 181-bed skilled nursing facility in the Philadelphia suburb of…
Ziegler: Succession Planning is Key as 70% of Nonprofit CEOs Approach Retirement
CHICAGO — Succession plans may play a crucial role in the future of senior living, as more than 70 percent of nonprofit CEOs will likely retire within the next 10…
Solvere Opens $28M Assisted Living Property Near Tampa
BRANDON, Fla. — Solvere Senior Living has opened Tessera of Brandon, a 107,000-square-foot assisted living and memory care community in the Tampa suburb of Brandon.
Watercrest, United Properties Break Ground on 128-Unit Community in Naples, Florida
NAPLES, Fla. — Watercrest Senior Living Group and United Properties have broken ground on Watercrest Naples Assisted Living and Memory Care in Naples, located along the Gulf Coast in South…
Love Funding Arranges $14.4M HUD Refinancing for Affordable Community in Texas
NORTH RICHLAND HILLS, Texas — Love Funding has arranged a $14.4 million HUD loan to refinance Villas on Bear Creek, an age-restricted, affordable housing community in North Richland Hills.
MSP Real Estate, Heritage Senior Living Hire Lars Johnson as CFO
WEST ALLIS, Wis. — MSP Real Estate, a seniors housing developer the parent company of West Allis-based operator Heritage Senior Living, has hired Lars Johnson as the CFO of both…
Chicago Pacific Founders Acquires 159-Unit Community in Beaumont, Texas
BEAUMONT, Texas — Chicago Pacific Founders (CPF) has acquired Atria Collier Park, a 159-unit seniors housing community in Beaumont, located east of Houston near the Louisiana border.
SLIB Brokers $11M Sale of Skilled Nursing Facility in Cleveland
CLEVELAND — Senior Living Investment Brokerage has arranged the sale of Larchwood Village and West Park Commons, a 165-bed skilled nursing and assisted living facility in Cleveland, for $11 million.
Arbor Hires Michelle Hamilton as Senior Vice President of Operations
ATLANTA — The Arbor Company has hired Michelle Hamilton as its new senior vice president of operations.
ESI Arranges $50.5M Sale of Community Near Seattle
EVERETT, Wash. — Evans Senior Investments (ESI) has arranged the sale of Garden Court Retirement Community, a 148-unit independent living and assisted living community in Everett.
Zocalo Community Development to Open 159-Unit Active Adult Community Near Denver
LITTLETON, Colo. — Zocalo Community Development is preparing to open Vita, a 159-unit active adult community in the Denver suburb of Littleton.
Cushman & Wakefield Negotiates Sale of Community in Metro Atlanta for Over $37.2M
ATLANTA — Cushman & Wakefield has arranged the sale of a 93-unit assisted living and memory care community in metro Atlanta.
Argentum Hires John Schulte as Vice President of Quality Improvement
ALEXANDRIA, Va. — Argentum has named John Schulte as vice president of quality improvement.
Mercy Housing to Open 79-Unit Affordable Community Near Atlanta
CHAMBLEE, Ga. — Mercy Housing Southeast will hold a ribbon cutting on Wednesday, April 11 for Senior Residences at Mercy Park in Chamblee.
Former Brookdale CEO Bill Sheriff to Rejoin Company as Consultant
NASHVILLE, Tenn. — Brookdale Senior Living (NYSE: BKD) has re-hired Bill Sheriff, the company’s former CEO, as a consultant.
FutureCare Opens $30M Skilled Nursing Facility Near Washington, D.C.
LANDOVER, Md. — FutureCare has opened FutureCare Capital Region, a 150-bed skilled nursing facility in the Washington, D.C. suburb of Landover.
Parc Communities Opens 159-Unit Development Near Texas A&M
BRYAN, Texas — Parc Communities has opened Parc at Traditions, a 159-unit independent living, assisted living and memory care community near Texas A&M University in Bryan.
Blueprint Brokers Sale of Skilled Nursing Facility in Wisconsin
LAONA, Wis. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Nu-Roc Community Healthcare, a skilled nursing facility in Laona. The property is located within a national forest…
iBorrow Provides $6M Loan to Skilled Nursing Facility in Pasadena
LOS ANGELES — iBorrow, a private direct lender for commercial and multifamily real estate, has provided a $6 million loan for Golden Cross Health Care, a skilled nursing facility in…
JV Completes Phase II of CCRC in Missouri
LIBERTY, Mo. — A joint venture between Action Pact, Liberty Hospital and Healthy Living Centers of America has completed Phase II construction at Norterre, a continuing care retirement community (CCRC)…
TNRG, MedCore Acquire 7 Acres for Seniors Housing Development Near Houston
ATASCOCITA, Texas — Houston-based The National Realty Group (TNRG) and Dallas-based MedCore Partners have acquired 7 acres in the Houston suburb of Atascocita, with plans to build an independent living…
SLIB Arranges $3.5M Sale of Skilled Nursing Facility in Texas
BASTROP, Texas — Senior Living Investment Brokerage Inc. (SLIB) has arranged the sale of a 120-bed skilled nursing facility in the Austin suburb of Bastrop.
Charter Hires Jim Britt as Executive Director of Community in Bowling Green, Kentucky
BOWLING GREEN, Ky. — Charter Senior Living has named Jim Britt as executive director of Charter Senior Living of Bowling Green. The community offers independent living and assisted living in…
SNH Promotes Jennifer Francis to COO, David Hegarty to Retire
NEWTON, Mass. — David Hegarty has announced his plans to retire as president and chief operating officer of Senior Housing Properties Trust (NASDAQ: SNH). Jennifer Francis, currently a senior vice…
Silverstone Prepares to Open HarborChase Community in Dallas
DALLAS — Silverstone Healthcare Co. is preparing to open HarborChase of the Park Cities, a 134-unit assisted living and memory care community in North Dallas.
Buckner Plans $12.8M Skilled Nursing Renovation at CCRC in Houston
HOUSTON — Buckner Retirement Services has announced a $12.8 million expansion and renovation project for Parkway Place, a nonprofit, faith-based continuing care retirement community (CCRC) in Houston.
Cushman & Wakefield Brokers Sale of 115-Unit Community in Oregon
KLAMATH FALLS, Ore. — Cushman & Wakefield has brokered the sale of Quail Park of Klamath Falls, a 115-unit independent living, assisted living and memory care community in Oregon.
Blueprint Negotiates $18.8M Sale of 180-Bed Skilled Nursing Facility in Pennsylvania
LEHIGH VALLEY, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 180-bed skilled nursing facility located in the Lehigh Valley region of eastern Pennsylvania.
ESI Arranges Sale of 100-Unit Property in South Carolina for $14.5M
EASLEY, S.C. — Evans Senior Investments (ESI) has arranged the sale of The Willows of Easley, a 100-unit independent and assisted living community in Easley, for $14.5 million.
Kisco, Welltower Plan 15-Story, 160-Unit Expansion at CCRC in Raleigh
RALEIGH, N.C. — Kisco Senior Living has announced plans for a 15-story tower at its existing The Cardinal at North Hills continuing care retirement community in Raleigh.
Spring Hills Plans Memory Care Communities in Nevada, Virginia
SUMMERLIN, Nev., and LANSDOWNE, Va. — Spring Hills Senior Communities has announced plans for Poet’s Walk Summerlin and Poet’s Walk Lansdowne, memory care communities to be located in Nevada and…
Buckner Completes $29.8M Independent Living Expansion at Community in Austin
AUSTIN, Texas — Buckner Retirement Services, a faith-based owner-operator, has completed a $29.8 million expansion at Buckner Villas in North Austin.
Sienna Senior Living Acquires 10 Canadian Communities for $296M
MARKHAM, Ontario — Sienna Senior Living Inc., a Markham-based owner, has acquired 10 seniors housing communities throughout Ontario for CA$382 million. Based on the exchange rate on Friday, March 30…
Blueprint Arranges $19M Sale of 110-Unit Community in Sonoma County
HEALDSBURG, Calif. — Blueprint Healthcare Real Estate Advisors has brokerd the sale of Healdsburg Senior Living Community, a 110-unit assisted living, memory care and skilled nursing campus in the Sonoma…
Ziegler Provides $94.3M Refinancing for 639-Unit Community in North Florida
GAINESVILLE, Fla. — Ziegler, a specialty investment bank, has provided a $94.3 million refinancing for The Village at Gainesville, a 639-unit independent living, assisted living and memory care community in…
Meridian Capital Arranges Construction Financing for 66-Bed Memory Care Facility Near Las Vegas
HENDERSON, Nev. — Meridian Capital Group has arranged an undisclosed amount of construction financing for The Vineyard, a memory care community in Henderson, a suburb of Las Vegas.
American Society on Aging Names Karyne Jones, Michael Adams to Board Positions
SAN FRANCISCO — The American Society on Aging (ASA) has appointed Karyne Jones as chairman and Michael Adams as chair-elect.
Focus Property Group, Ascent Living Plan 200-Unit Community in Denver
DENVER — Focus Property Group, a Denver-based property investor and developer, and Ascent Living Communities, an owner and operator of senior living communities based in nearby Centennial, have announced plans…
CA Senior Living Starts Construction of 179-Unit Atria Community Near Pittsburgh
MCCANDLESS, Pa. — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has started construction of a 179-unit seniors housing community in the Pittsburgh…
Blueprint Arranges Sale of 100-Unit Assisted Living Portfolio in Arizona
PEORIA and MESA, Ariz. — Blueprint Healthcare Real Estate Advisors has arranged the sale of two assisted living communities in Arizona for an undisclosed price.
Cadence Senior Living Hires Thomas Rosin as Controller
SCOTTSDALE, Ariz. — Cadence Senior Living has hired Thomas Rosin to its corporate team as controller. Rosin brings over 30 years of accounting, auditing and management experience to the company.
Watercrest Senior Living Group Appoints Joe Germain as Executive Director of Community in Florida
SEBASTIAN, Fla. — Watercrest Senior Living Group has hired Joe Germain as the executive director of Pelican Landing Assisted Living and Memory Care.
Abby Development Starts Construction of 92-Unit Community in Arkansas
CONWAY, Ark. — Abby Development has broken ground on Ridgemere, a 92-unit seniors housing community in the Little Rock suburb of Conway.
Ziegler Arranges $14.7M in HUD Refinancings for Two Communities in Northern California
REDDING, Calif. — Ziegler, a specialty investment bank, has closed $14.7 million in HUD refinancing loans for two seniors housing communities in Redding, located approximately midway between Sacramento and the…
Doster Construction Completes 64-Unit Veterans Property in Gainesville, Florida
GAINESVILLE, Fla. — Doster Construction Co. has completed construction of Arbours at Tumblin Creek, a 64-unit seniors housing community for military veterans in Gainesville.
Wingate Healthcare Hires Michael Spearin as Senior Vice President of Sales, Marketing
NEEDHAM, Mass. — Wingate Healthcare, a Needham-based operator, has hired Michael Spearin as senior vice president of sales and marketing. Spearin will support Wingate’s sales team and serve as an…
Watercrest Prepares to Open 106,882 SF Assisted Living Community Near Orlando
KISSIMMEE, Fla. — Watercrest Senior Living is now accepting reservations at Sage Park Assisted Living and Memory Care, a 128-unit seniors housing community in the Orlando suburb of Kissimmee.
Blueprint Brokers Sale of Three-Property Skilled Nursing Portfolio in Illinois
CENTRAL ILLINOIS — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio in Central Illinois.
Radiant Senior Living Buys Memory Care Community in Nevada
SPARKS, Nev. — Radiant Senior Living has acquired Arbors Memory Care, a seniors housing community in the Reno suburb of Sparks.
Koelsch to Build $71M, 240,000 SF Property Near Sacramento
ELK GROVE, Calif. — Koelsch Communities has announced plans for Laguna Springs Senior Community, a 240,000-square-foot seniors housing community in the Sacramento suburb of Elk Grove.
Harborview Arranges $63M Bridge-to-HUD Loan for Skilled Nursing Facility in Brooklyn
NEW YORK CITY — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $63 million bridge-to-HUD loan for a skilled nursing facility and two…
Appraisal Firms Integra Realty Resources and Tellatin to Partner
DENVER, Colo. — Integra Realty Resources (IRR), a Denver-based commercial real estate valuation and consulting firm will expand its healthcare and seniors housing practice by partnering with Missouri-based appraisal, market…
Studio+ to Design $31M, 140-Unit Community in Cape Coral, Florida
CAPE CORAL, Fla. — Studio+ will provide architecture and interior design services for Thrive at Four Mile Cove, a 140-unit seniors housing community in Cape Coral, located on the Gulf…
Leisure Care Developing 134-Unit Assisted Living Community Near St. Louis
O’FALLON, Mo. — Leisure Care has announced plans for The Landing of O’Fallon, a 134-unit assisted living and memory care community in the St. Louis suburb of O’Fallon.
Wolff Plans 156-Unit Independent Living Property within Master-Planned Development in Reno
RENO, Nev. — The Wolff Company has announced plans for Revel Damonte Ranch, a 156-unit independent living community in Reno.
Mavin Construction to Build 83-Unit Expansion at CCRC in South Carolina
GREENVILLE, S.C. — Mavin Construction has been selected to build an 83-unit independent living expansion at Rolling Green Village, a continuing care retirement community (CCRC) in Greenville.
SLIB Arranges Sale of 156-Bed Skilled Nursing Facility in Indiana
NEW ALBANY, Ind. — Senior Living Investment Brokerage has arranged the sale of Lincoln Hills, a skilled nursing facility in New Albany, located just across the Ohio River from Louisville…
Bessolo to Design Seniors Housing Properties in Florida, Illinois
EUSTIS, Fla., and ROCHELLE, Ill. — Bessolo Design Group has been selected to design an assisted living community in the Orlando suburb of Eustis and a skilled nursing facility in…
Heritage Hires Antonio Evans as Regional Director of Hospitality, Culinary
WEST ALLIS, Wis. — Heritage Senior Living, an owner-operator based in West Allis, has hired Antonio Evans as regional director of hospitality and culinary position.
HJ Sims Adds John Williford as Assistant Vice President
FAIRFIELD, Conn. — HJ Sims, a Fairfield-based lender, has hired John Williford as assistant vice president of investment banking. Williford will focus on banking business in the Southwest and Southeast…
Boston Capital Invests in 72-Unit Development in Beaumont, Texas
BEAUMONT, Texas — Boston Capital has invested in the construction of Old Dowlen Cottages, a 72-unit age-restricted community in Beaumont, located east of Houston near the Louisiana border.
CNH Finance to Acquire Triumph Healthcare Finance
GREENWICH, Conn. — CNH Finance LP, a specialty finance company headquartered in Greenwich, has acquired Triumph Healthcare Finance for an undisclosed price.
Erickson Living to Develop 30-Acre CCRC in Naples, Florida
NAPLES, Fla. — Erickson Living will build Siena Lakes, a continuing care retirement community to be located on 30 acres in the Gulf Coast city of Naples.
IPA Hires Jordyn Berger as Director of Seniors Housing
CHICAGO — Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), has hired Jordyn Berger as a director of the firm’s IPA-Seniors Housing group.
LifeSpire Receives $24M Loan for CCRC Expansion in Virginia
RICHMOND, Va. — LifeSpire of Virginia has started construction of a 166,590-square foot expansion at Lakewood, a continuing care retirement community in Richmond.
KeyBank Closes $90.8M Loan to Refinance 541-Unit Seniors Housing Portfolio in Texas
CLEVELAND — Cleveland-based KeyBank Real Estate Capital has closed a $90.8 million FHA 232/223(f) loan for the refinancing of a portfolio of seniors housing properties in Texas.
Tryko Partners Acquires 129-Bed Skilled Nursing Facility Near Philadelphia
YEADON, PA. — Tryko Partners has acquired ManorCare Health Services at Mercy Fitzgerald Hospital, a 52,000-square-foot skilled nursing facility at 600 S. Wycombe Ave. in Yeadon, a suburb of Philadelphia.
Hill & Wilkinson Completes Renovation, Expansion of Seniors Housing Community in Austin
AUSTIN, TEXAS — Hill & Wilkinson has completed the renovation and expansion of Buckner GreenRidge Villas, a seniors housing community in Austin that provides housing and services to 400 seniors…
Koelsch Plans $70M, 140-Unit Community Near Seattle
BELLEVUE, Wash. — Koelsch Communities has announced plans for Belle Harbour Senior Community, a 140-unit assisted living and memory care community in the Seattle suburb of Bellevue.
Confluent, Harbor to Build 114,450 SF Community Near Memphis
GERMANTOWN, Tenn. — Project partners Confluent Senior Living and Harbor Retirement Associates (HRA) are set to begin construction of HarborChase of Germantown, an assisted living and memory care community in…
Grandbridge Provides $35M Freddie Mac Refinancing for Community in Connecticut
NEW CANAAN, Conn. — Grandbridge Real Estate Capital's Seniors Housing and Healthcare Finance Group has provided a $35 million Freddie Mac refinancing for Brightview on New Canaan.
ESI Arranges Sale of 54-Unit Independent Living Community in Colorado
BOULDER, Colo. — Evans Senior Investments (ESI) has arranged the sale of Flatirons Terrace, a 54-unit independent living community, for an undisclosed price.
Industry Pioneer Tony Mullen Passes Away at 61
NEWTOWN SQUARE, Pa. — Tony Mullen, CEO of Newtown Square-based seniors housing developer Royal Star Properties, has passed away following a heart attack at age 61.
NIC: Collaboration is the Future of Seniors Housing
Organization partners with software companies to improve size, quality of industry data.
Navion, NorthView Purchase 8.5 Acres for 189-Unit Community in Raleigh
RALEIGH, N.C. — Two local companies, Navion Senior Solutions and NorthView Partners, have acquired 8.5 acres in Raleigh to develop The Reserve at North Hills, a 189-unit independent living, assisted…
Pappas Properties, Laurel Street Start Construction of 108-Unit Community in Charlotte
CHARLOTTE, N.C. — Pappas Properties and Laurel Street have broken ground on Belvedere at Berewick, a 108-unit, age-restricted community in Charlotte.
Love Funding Secures $5.6M Refinancing for 156-Unit Affordable Community in Texas
TEXARKANA, Texas — Love Funding has arranged a $5.6 million HUD refinancing for Winfield Estates, an affordable seniors housing community in Texarkana, which straddles the Texas-Arkansas border.
JCH Hires Industry Veteran Michael Mooney
ANAHEIM HILLS, Calif. — JCH Consulting Group, an Anaheim Hills-based brokerage firm, has hired Michael Mooney. His responsibilities will include originating new business and executing transactions.
Ryan Cos., Grand Living Start Construction of $50M, 172-Unit Community in Florida
SARASOTA, Fla. — Ryan Cos. US Inc. and its partner Grand Living have started construction of Grand Living at Lakewood Ranch, a 172-unit independent living and assisted living community in…
CBRE Arranges $26.4M Acquisition Financing for 138-Unit Community in Washington
KENNEWICK, Wash. — CBRE has arranged $26.4 million in financing for the acquisition of Fieldstone Grandridge and Fieldstone Memory Care, a 138-unit assisted living and memory care community in Kennewick…
Wolff Plans 152-Unit Independent Living Community Near Seattle
KIRKLAND, Wash. — The Wolff Company, an Arizona-based developer, has announced plans for Revel Kirkland, a 152-unit independent living community in the Seattle suburb of Kirkland.
NorthMarq Arranges $29.3M Construction Financing for Community in California
VISALIA, Calif. — NorthMarq Capital has arranged $29.3 million in financing for the construction of Quail Park at Shannon Ranch, a 120-unit seniors housing property in Visalia, located between Los…
It’s Never 2 Late Hires Karen O’Hern as Vice President of Enterprise Solutions
DENVER, Colo. — It’s Never 2 Late, a Denver-based software company serving the seniors housing industry, has hired Karen O’Hern as the company’s vice president of enterprise solutions.
Skilled Nursing Occupancy Continued to Decline in Q4 2017, Says NIC
ANNAPOLIS, Md. — Despite a severe flu season that should’ve put more patients into skilled nursing facilities, occupancy in the sector continued its years-long decline in fourth-quarter 2017, according to…
Griffin-American Acquires Two-Property Portfolio in Central Wisconsin for $22.6M
WAUNAKEE and SUN PRAIRIE, Wis. — Griffin-American Healthcare REIT IV has acquired a 254-bed seniors housing portfolio in Central Wisconsin for $22.6 million.
Affinitas Life Merges with New Empire Corp., Partners with Solvere
NEW YORK CITY — New York-based operator Affinitas Life has merged with New Empire Corp., a family-owned real estate group. The new company will operate under the name: “Affinitas Life…
HealthTrust Hires Michael Jones as CFO
SARASOTA, Fla. — HealthTrust, a seniors housing appraisal and advisory firm based in Sarasota, has hired Michael Jones as chief financial officer.
Skilled Nursing Operator Orianna Files for Bankruptcy
NASHVILLE, Tenn. — 4 West Holdings Inc., the parent company of Nashville-based skilled nursing operator Orianna Health Systems, has filed for Chapter 11 bankruptcy.
CBRE Arranges $20.9M Acquisition Financing for 124-Unit Community Near Houston
CYPRESS, Texas — CBRE has arranged $20.9 million in financing for the acquisition of Park Creek, a 124-unit independent living community in the Houston suburb of Cypress.
Healthcare Transactions Group Brokers Sale of 128-Unit Community in Maryland
ADELPHI, Md. — Healthcare Transactions Group Inc. has arranged the sale of Hillhaven Assisted Living, Nursing and Rehabilitation Center, a 128-unit assisted living and skilled nursing community in the Washington…
Hunt Mortgage Group Expands Seniors Housing Group with Four Hires
NEW YORK CITY — Hunt Mortgage Group, a New York-based lender, has hired RED Capital Group veteran Kathryn Burton Gray to lead its new seniors housing group.
HFF Hires Ross Sanders as Senior Director for Seniors Housing Group
DALLAS — HFF has hired Ross Sanders as a senior director within HFF’s national seniors housing group led by senior managing directors Chad Lavender and Ryan Maconachy.
InterFace Seniors Housing West Speakers: Engagement is the Key to Care
LOS ANGELES — Baby Boomers and Millennials have more in common than we might realize. That is because today’s seniors, like most Millennials, are seeking out engaging activities that connect…
HFF Arranges $114.7M Development Financing for High-Rise Community in Seattle
SEATTLE — Holliday Fenoglio Fowler (HFF) has arranged $114.7 million in development financing for 620 Terry, a 243-unit high-rise seniors housing community in Seattle’s First Hill neighborhood.
HCP to Transition Operations of 24 Communities from Brookdale to Atria
IRVINE, Calif. and LOUISVILLE, Ky. — Irvine-based REIT HCP (NYSE: HCP) and Louisville-based operator Atria Senior Living have agreed to transfer operations of 24 HCP-owned seniors housing properties to Atria.
Harborview Arranges $24.6M Financing for Two Assisted Living Communities in Southeast
SEBASTIAN, Fla., and MACON, Ga. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a total of $24.6 million in financing for assisted living…
Lancaster Pollard Completes $11.9M Refinancing for 54-Unit Skilled Nursing Facility in Massachusetts
PITTSFIELD, Mass. — Lancaster Pollard has arranged an $11.9 million HUD refinancing for Berkshire Place, a 54-unit skilled nursing facility in the Western Massachusetts city of Pittsfield.
Capital One Provides $11.3M HUD Refinancing for Assisted Living Community in New Mexico
CLOVIS, N.M. — Capital One has provided a $11.3 million HUD refinancing for Wheatfields Senior Living Community, a 101-bed assisted living facility in Clovis, near the Texas border.
Hines, Welltower Break Ground on 151-Unit Seniors Housing Tower in Manhattan
NEW YORK CITY — Hines and Welltower Inc. have broken ground for the construction of Sunrise at East 56th, a seniors housing property located at 139 E. 56th St. in…
CareTrust REIT Buys 464-Bed Skilled Nursing Portfolio in Michigan for $41.5M
GRAND RAPIDS, Mich. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired a 464-bed, five-property skilled nursing portfolio in the Grand Rapids metro area for $41.5 million.
Avison Young Arranges $13M Sale of 45,654 SF Skilled Nursing Facility in Virginia
ALEXANDRIA, Va. —Avison Young has arranged the sale of the Mt. Vernon Nursing & Rehab Center, a 45,654-square-foot skilled nursing facility in the Washington, D.C. suburb of Alexandria, for $13…
BMO Harris Provides $34M Refinancing for Two Communities Near Indianapolis
INDIANAPOLIS — BMO Harris Bank’s Healthcare Real Estate Finance group was sole lender on a $34 million term loan to refinance two seniors housing communities in the Indianapolis metro.
ESI Brokers $7.2M Sale of Skilled Nursing Facility in Pennsylvania
BLOOMSBURG, Pa. — Evans Senior Investments has arranged the sale of Bloomsburg Rehab & Wellness Center, a 66-bed skilled nursing facility, for $7.2 million.
Greystone Arranges Sales of Three Communities Totaling 180 Units
TULSA, Okla., SPRING, Texas, and VERNON HILLS, Ill. — Greystone Real Estate Advisors has arranged the sales of three senior living communities in Oklahoma, Texas and Illinois.
CommuniCare to Operate 13 Skilled Nursing Facilities in Ohio
CINCINNATI — CommuniCare Health Services has taken over operations of 13 senior living facilities in Ohio previously under the management of Columbus-based Atrium Centers.
HealthTrust Completes Buyout from Former Owner Sabra
SARASOTA, Fla. — HealthTrust, a Sarasota-based seniors housing appraisal and advisory firm, has gone independent from its former owner, Sabra Health Care REIT (NASDAQ: SBRA). The terms were not disclosed.
Solvere to Manage Six Independent Living Communities in Texas, Michigan
PRINCETON, N.J. — Solvere Senior Living, a Princeton-based operator, has taken over management of six independent living communities in Michigan and Texas.
Blueprint Hires Dan Mahoney as Managing Director
CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has hired Dan Mahoney as a managing director. Based in Oregon, Mahoney will lead business development in the Pacific…
HCR ManorCare to File for Bankruptcy, Transfer Company to QCP
BETHESDA, Md. — After several months of negotiations, massive seniors housing operator HCR ManorCare and its landlord Quality Care Properties (NYSE: QCP) have reached an agreement over HCR’s more than…
LandSouth Breaks Ground on $19.3M Independent Living Community Near Tampa
NEW PORT RICHEY, Fla. — LandSouth Construction has broken ground on Trinity Independent Senior Living, a luxury independent living community with a construction value of $19.3 million.
LCS, Westminster Funds Start Construction of 44-Unit CCRC Expansion in Phoenix
PHOENIX — A joint venture between Life Care Services and Westminster Funds has broken ground on Desert Willow Assisted Living, a 44-unit assisted living building on the campus of Sagewood…
KeyBank Provides $15.5M Fannie Mae Financing for 65-Unit Community in North Carolina
MEBANE, N.C. — KeyBank Real Estate Capital has provided $15.5 million in Fannie Mae first mortgage financing for Mebane Ridge Assisted Living, a 65-unit seniors housing property in Mebane.
Dwight Capital Funds $14.3M Refinancing for Skilled Nursing Portfolio in Minnesota
WAYZATA, Minn. — Dwight Capital LLC has provided $14.3 million in bridge-to-HUD financing to Superior Healthcare Management, a skilled nursing provider based in the Minneapolis suburb of Wayzata.
Watercrest Opens 128-Unit Assisted Living Community in South Florida
PORT ST. LUCIE, Fla. — Watercrest Senior Living Group has opened Watercrest St. Lucie West Assisted Living and Memory Care in Port St. Lucie, located between Miami and Orlando.
Greystone Arranges Sale of Three-Property Memory Care Portfolio in Texas
GARLAND, GRAPEVINE and MCKINNEY, Texas — Greystone Real Estate Advisors has arranged the sale of the Grand Brook portfolio, which included three Class A memory care communities in the Dallas-Fort…
Wolff Plans 140-Unit Independent Living Community Near Portland
HILLSBORO, Ore. — The Wolff Company has announced plans for Revel AmberGlen, a 140-unit independent living community in the Portland suburb of Hillsboro.
Argentum Appoints Brent Weil as Vice President of Workforce Development
ALEXANDRIA, Va. — Argentum, an industry association formerly known as the Assisted Living Federation of America, has named Brent Weil as the association’s vice president of workforce development.
Spellman Brady Completes Interior Design for 87,700 SF Community on Long Island
PATCHOGUE, N.Y. — Spellman Brady & Co. has completed interior design work for Village Walk, a five-story assisted living community in the Long Island village of Patchogue.
JLL Survey: Investors Covet Independent Living, Assisted Living, Avoid Skilled Nursing
CHICAGO — Investors in the seniors housing space have a strong preference for independent living and assisted living facilities, according to the Year-End 2017 Seniors Housing Investor Survey conducted by…
Strategic Student & Senior Housing Trust Acquires Three Assisted Living Communities in Salt Lake City
SALT LAKE CITY — Strategic Student & Senior Housing Trust Inc. has acquired a portfolio of three assisted living communities in Salt Lake City totaling 294 units. The seller and…
Juniper Communities Buys Two-Property Portfolio in Metro Denver
LAKEWOOD, Colo. — Juniper Communities has acquired Applewood Place and Lakewood Reserve, two seniors housing communities in the Denver suburb of Lakewood. The seller and price were not disclosed.
Ziegler Adds Donald Husi to Seniors Housing Investment Banking Team
CHICAGO — Ziegler, an Chicago-based investment bank and brokerage firm, has added Donald Husi as managing director to its investment banking team in for-profit senior living corporate finance.
Charter Names Jan Park Executive Director of Community in Georgia
EVANS, Ga. — Charter Senior Living has named Jan Park as executive director of Camellia Walk, an assisted living and memory care community located in the Augusta suburb of Evans.
Spectrum Retirement Opens 89-Unit Assisted Living Community Near Columbus, Ohio
POWELL, Ohio — Spectrum Retirement has opened Powell Assisted Living and Memory Care, an 89-unit community in the Columbus suburb of Powell.
Cushman & Wakefield Arranges $11.6M Construction Financing for Community in Bakersfield, California
BAKERSFIELD, Calif. — Cushman & Wakefield has arranged $11.6 million in construction financing for The Palms at San Lauren, a 68-unit assisted living and memory care community in Bakersfield.
Live Oak Provides $3.6M Construction Loan for 24-Bed Memory Care Community in Ohio
SPRINGBORO, Ohio — Live Oak Bank has provided a $3.6 million construction loan for a 24-bed memory care community in the Cincinnati suburb of Springboro.
Lancaster Pollard Promotes Jason Dopoulos to Senior Managing Director
COLUMBUS, Ohio — Lancaster Pollard has promoted Jason Dopoulos to senior managing director.
CRGA Design Hires Lee Driskill, Usama Hassanein as Principals
ANNAPOLIS, Md. — CRGA Design, an Annapolis-based architecture, interior design and planning firm, has hired Lee Driskill and Usama Hassanein as principals. Driskill will focus on senior living design and…
BREAKING: RMR Group Founder Barry Portnoy Passes Away at 72
NEWTON, Mass. — Barry Portnoy, the founder and chairman of The RMR Group, has passed away at age 72. The cause of death was not disclosed.
Wolff Plans 185-Unit Independent Living Community Near Los Angeles
TORRANCE, Calif. — The Wolff Company has unveiled plans for Revel South Beach, a 185-unit independent living community in the coastal Los Angeles suburb of Torrance.
Blueprint Arranges Sale of 90-Unit Assisted Living Community Near Phoenix
LITCHFIELD PARK, Ariz. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Hacienda Del Rey, a 90-unit assisted living and memory care community in the Phoenix suburb of…
KTGY Hires Jeremy Agraz as National Development Director
IRVINE, Calif. — Irvine-based firm KTGY Architecture + Planning has hired Jeremy Agraz as its national development director.
Brookdale Rejects Acquisition Offer, Promotes Lucinda Baier to CEO
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD), the largest owner and operator of seniors housing in the United States, has promoted Lucinda “Cindy” Baier from chief financial officer…
Evergreen Breaks Ground on Two Library, Seniors Housing Combination Projects in Chicago
CHICAGO — Evergreen Real Estate Group has broken ground on two projects in Chicago’s North Side that will combine seniors housing with public library branches.
Community in North Carolina Hires Allison O’Shea as Executive Director
RALEIGH, N.C. — Waltonwood Lake Boone, a family-owned senior living community in Raleigh scheduled to open in May, has hired Allison O’Shea as executive director.
Kendal Breaks Ground on $40M CCRC Expansion in Virginia
LEXINGTON, Va. — Kendal Corp., a nonprofit owner-operator based in Pennsylvania, has broken ground on a $40 million expansion at Kendal at Lexington, a 120-unit continuing care retirement community in…
Capital Senior Living Corp. Hires Jeremy Falke as Senior Vice President of Human Resources
DALLAS — Capital Senior Living Corp. (NYSE: CSU), a Dallas-based operator of 129 seniors housing communities, has hired Jeremy Falke for the newly created role of senior vice president of…
Kitchen & Associates Promotes Claire Van Haren to Principal
COLLINGSWOOD, N.J. — Architecture firm Kitchen & Associates (K&A) has promoted Claire Van Haren from director of interior design to principal.
HFF Tops Freddie Mac Seniors Housing Lenders in 2017 with $732.7M
MCLEAN, Va. — Freddie Mac has announced its multifamily lenders who transacted the most financing volume with the company in 2017, including broken out by sub-sector. Holliday Fenoglio Fowler (HFF)…
Welltower to Change NYSE Ticker Symbol to WELL
TOLEDO, Ohio — Welltower Inc. (NYSE: HCN) has announced it will change its stock ticker symbol to WELL, effective Feb. 28.
Tutera’s Mike Levitt Elected President of Missouri Board of Nursing Home Administrators, as Company Promotes Ryan Fischer to VP Position
KANSAS CITY, Mo. — Tutera Senior Living & Health Care, a Kansas City-based operator of 47 communities in 13 states, has promoted Ryan Fischer to vice president of business development…
ESI Arranges Sale of Assisted Living Facility in Washington for $7M
BELLINGHAM, Wash. — Evans Senior Investments (ESI) has arranged the sale of Rosewood Villa, a 66-unit assisted living community in Bellingham, for $7 million.
KTGY Promotes Jessica Musick as Shareholder, Principal
IRVINE, Calif. — Irvine-based architecture firm KTGY Architecture + Planning has added Jessica Musick as a shareholder in the company. Musick, formerly an associate principal with KTGY, was also named…
Arbor Provides $41.7M Acquisition Loan for Skilled Nursing Facility in New York
SYRACUSE, N.Y. — Arbor Realty Trust Inc. (NYSE: ABR), a real estate investment trust and direct lender, has provided a $41.7 million bridge loan for the acquisition of James Square…
Pathway to Living Buys 54,387 SF Assisted Living Community in Michigan
KENTWOOD, Mich. — Pathway to Living, a Chicago-based owner-operator, has acquired Elmcroft of Kentwood, an 54,387-square-foot assisted living and memory care community in the Grand Rapids suburb of Kentwood.
HFF Arranges Financing for 197-Unit Active Adult Community in Dallas
DALLAS — Holliday Fenoglio Fowler LP (HFF) has arranged financing for the development of Forestwood Active Adult, a 197-unit, age-restricted community in North Dallas.
Heritage Senior Living Promotes Pierre Verger to Chief Operating Officer
WEST ALLIS, Wis. — Heritage Senior Living, a West Allis-based operator, has promoted Pierre Verger from vice president of operations to chief operating officer.
BMO Harris Provides $35.3M Construction Financing for 171-Unit Community in Jacksonville
JACKSONVILLE, Fla. — BMO Harris Healthcare Real Estate Finance, as sole lender, has provided a $35.3 million loan for the construction of Grand Living at Tamaya, a 171-unit seniors housing…
ESI Arranges $32.6M Sale of Four-Property Portfolio in Southern Illinois
SOUTHERN ILLINOIS — Evans Senior Investments (ESI) has arranged the sale of four Legacy Place assisted living and memory care communities in Southern Illinois for $32.6 million.
Blueprint Negotiates $12M Sale of 120-Bed Skilled Nursing Facility Near Tampa
PINELLAS PARK, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Signature HealthCARE of Pinellas Park, a 120-bed skilled nursing facility in the Tampa suburb of Pinellas…
KTGY Appoints Wil Wong to Board of Directors, Adds Kamran Charmsaz as Shareholder
IRVINE, Calif. — International design firm KTGY Architecture + Planning has appointed Wil Wong, a principal based in the company’s Irvine office, to its board of directors. In addition, the…
SLIB Brokers $30M Sale of 183-Bed Skilled Nursing Facility in Washington, D.C.
WASHINGTON, D.C. — Senior Living Investment Brokerage has arranged the sale of Brinton Woods, a 183-bed skilled nursing facility in Washington, D.C.
Real Estate Equities Development Plans Active Adult Community in Kansas
OLATHE, Kan. —Real Estate Equities Development LLC has announced plans for its newest Village Cooperative community, which will be the first owner-occupied seniors housing cooperative in the Kansas City suburb…
Avamere Assumes Management of Five Assisted Living Communities in Pacific Northwest
WILSONVILLE, Ore. — The Avamere Family of Companies, a Wilsonville-based operator, has taken over management of five Colony NorthStar Healthcare Income-owned assisted living communities in Oregon and Washington.
Harborview Arranges a $47.5M Bridge Loan for Acquisition of Three Skilled Nursing Facilities in Florida
FLORIDA — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $47.5 million acquisition loan for three skilled nursing facilities totaling 436 beds in…
Lancaster Pollard Survey: 87 Percent of Seniors Housing Professionals Rate Industry as Highly Competitive
COLUMBUS, OHIO — Increasing competition is becoming a larger and larger issue within seniors housing. In fact, 87 percent of owners, operators developers and investors rate their local environment as…
Trez Forman Provides $44.8M Construction Loan for 309-Unit Active Adult Community in Florida
VENICE, Fla. — Florida-based Trez Forman Capital Group has provided a $44.8 million loan for the construction of The Floridian Club of Sarasota, a 309-unit active adult community in Venice.
The Wolff Company Plans 146-Unit Independent Living Community Near Seattle
ISSAQUAH, Wash. — The Wolff Company, an Arizona-based private equity firm and senior living developer, has broken ground on a 146-unit independent living community in the Seattle suburb of Issaquah.
HFF Arranges Sale of 144-Bed Skilled Nursing Facility in San Antonio
SAN ANTONIO — HFF has arranged the sale of Mesa Vista Inn Healthcare Center, a 144-bed skilled nursing facility near San Antonio’s Medical Center district.
Civitas, Summerlin, Desert Land Group Break Ground on 92-Unit Age-Restricted Community in Arizona
LAKE HAVASU, Ariz. — Civitas Senior Living, Summerlin Asset Management LLC and Desert Land Group have broken ground on The Views at Lake Havasu, a 92-unit active adult community in…
Aegis Opens 110-Unit, China-Themed Community Near Seattle
NEWCASTLE, Wash. — Aegis Living has opened Aegis Gardens, a 110-unit assisted living and memory care community “open to all who enjoy celebrating Chinese culture” in the Seattle suburb of…
J.D. Power Study Ranks Sunrise, Holiday Customers as Most Satisfied
COSTA MESA, Calif. — The most important factors that lead to satisfied seniors housing residents are location and staff, far outpacing cost considerations, according to the 2018 Senior Living Satisfaction…
Wingate Healthcare Names Jill Bosa Chief Operating Officer
NEEDHAM, Mass. — Wingate Healthcare, a provider of senior living and healthcare services in Massachusetts, Rhode Island and New York, has appointed Jill Bosa as chief operating officer.
Marcus & Millichap Brokers Sale of 60-Unit Community in Pensacola, Florida
PENSACOLA, Fla. — Marcus & Millichap (NYSE: MMI) has arranged the sale of Grandview Assisted Living, a 60-unit assisted living community in the Florida Panhandle community of Pensacola.
Cadence Senior Living Hires Reneé Mayo as Executive Director of Upcoming Community in Arizona
GLENDALE, Ariz. — Cadence Senior Living has appointed Reneé Mayo as executive director at Inspira Arrowhead in Glendale. The community is a joint venture between P.B. Bell and Cadence, scheduled…
Formation Selects Congress Building to Construct 86-Unit Community in Connecticut
RIDGEFIELD, Conn. — Formation Development Group has selected Congress Building Corp. as construction manager for Atria Ridgefield, an 86-unit assisted living and memory care community in Ridgefield, located between New…
Granite Investment Group Names Ken Hocker as President
IRVINE, Calif. — Granite Investment Group has hired Ken Hocker as the company’s new president. Hocker is responsible for overseeing day-to-day operations and the development and implementation of the company’s…
SLIB Arranges $9.6M Sale of 40-Unit Memory Care Community in Bay Area
PETALUMA, Calif. — Senior Living Investment Brokerage Inc. has arranged the sale of Adobe House of Petaluma, a 40-unit memory care community in Petaluma, approximately 40 miles northwest of San…
Holiday Retirement Appoints Sara Kyle as Director of Resident Experience
WINTER PARK, Fla. — Holiday Retirement has hired Sara Kyle as director of resident experience.
Allegro Hires Nic Scheibel as Executive Director of Community in Missouri
RICHMOND HEIGHTS, Mo. — Allegro, a St. Louis-based operator, has hired Nic Scheibel as executive director of the company’s community currently under construction in nearby Richmond Heights.
Walker & Dunlop Provides $82M Green Loan for Community Near San Diego
NATIONAL CITY, Calif. — Walker & Dunlop Inc. (NYSE: WD) has provided an $82 million loan for Paradise Village, located just outside of San Diego in National City.
Watercrest, Titan Development Break Ground on 107-Unit Community in South Carolina
COLUMBIA, S.C. — Watercrest Senior Living Group and Titan Development Real Estate Fund I have started construction of Watercrest Columbia Assisted Living and Memory Care, a 107-unit assisted living and…
Integral Senior Living To Manage Travanse Living Portfolio in the Midwest
OLATHE, Kan., GRAYSLAKE, Ill., and WHEATON, Ill. — Travanse Living has selected Integral Senior Living to operate Travanse’s three-property seniors housing portfolio in the Midwest.
Lancaster Pollard Negotiates $8.8M Refinancing for 48-Bed Memory Care Community in Oregon
WOODBURN, Ore. — Lancaster Pollard has arranged an $8.8 million HUD refinancing for Heartwood Memory Care Community in Woodburn.
Contemporary Healthcare Closes $2.8M Mezzanine Loan for Acquisition of Two Communities in Oregon
MEDFORD, Ore. — Contemporary Healthcare Capital has arranged a $2.8 million mezzanine loan to affiliates of Sapphire Health Services.
Acts to Operate 300-Unit CCRC Near Philadelphia
MOORESTOWN, N.J. — Acts Retirement-Life Communities Inc., one of the nation’s largest nonprofit operators, has announced its affiliation agreement with The Evergreens, a 300-unit continuing care retirement community (CCRC) in…
ESI Brokers $10.4M Sale of 138-Unit Community in Kentucky, Charter to Operate
BOWLING GREEN, Ky. — Evans Senior Investments (ESI) has arranged the sale of Bowling Green Retirement Village, a 138-unit independent living and assisted living community in Bowling Green, for $10.4…
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