The SHB Interview: F. Scott Moody, CEO, K4Connect
Tech entrepreneur wants to bring seniors housing into the 21st century.
- Published in Industry Voices
Tech entrepreneur wants to bring seniors housing into the 21st century.
Intergenerational, mixed-use communities offer more integration, fulfillment.
What is your biggest prediction for the seniors housing industry in 2019?
Residents can have transportation freedom with minimal cost and effort by the operator.
Southern California proves that supply-demand dynamics should be observed on a market-by-market basis.
Dining can be seniors housing’s ‘secret weapon’ rather than an annoying expense
Tax incentives could increase investment, entice developers.
Designers, builders can work together to create communities for a new generation.
CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has arranged the sale of seven skilled nursing facilities in northwest Georgia for $70 million.
SPRINGFIELD, Ore., MESA, Ariz. and MAURERTOWN, Va. — Walker & Dunlop Inc. has provided $42.5 million in financing for a three-property, 240-unit assisted living and memory care portfolio.
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE), a San Clemente-based investor, has acquired a 503-bed, four-property skilled nursing portfolio in California.
FORT MILL, S.C. — Watercrest Senior Living Group and equity partner Waypoint Residential have broken ground on Watercrest Fort Mill Assisted Living and Memory Care in Fort Mill.
TUCSON, Ariz. — Watermark Retirement Communities has named Andrea Ellen as managing director of new project development. Ellen will oversee operations and branding for communities Watermark is developing and building…
VENICE, Fla. — Capital One has provided a $35.7 million loan to Caddis to finance the construction of Heartis Venice, a 191,000-square-foot, 182-unit, three-story seniors housing community in Venice.
ABINGDON, Va. — LTC Properties Inc. (NYSE: LTC) has acquired English Meadows Abingdon Campus, a 74-unit assisted living and memory care community in Abingdon, located in the southwest corner of…
HOUSTON, DALLAS and SAN ANTONIO, Texas — Blueprint Healthcare Real Estate Advisors has arranged the sale of eight skilled nursing facilities located throughout Texas.
ROCKVILLE, Md. — Private equity investor Tryko Partners has acquired Collingswood Rehabilitation & Healthcare Center, a 160-bed skilled nursing facility in Rockville, for an undisclosed price.
DUBLIN, Calif. — Sundt Construction Inc. has started construction of Avesta Residences at Dublin, a one-acre seniors housing project in the Bay Area city of Dublin.
CROMWELL, Conn. — Covenant Retirement Communities, a nonprofit, faith-based owner-operator, will break ground Feb. 21, 2019 on a $48 million expansion at Covenant Village of Cromwell, located just south of…
RIVERSIDE, Calif. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Meridian of Riverside, a 109-bed assisted living facility located in the Inland Empire metro of Riverside.
ORANGEVALE, Calif. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Almond Heights Senior Living, a 117-unit assisted living and memory care facility…
CHICAGO — Seniors housing REIT giant Ventas (NYSE: VTR) has announced plans to further diversify its portfolio by launching a $1.5 billion, university-based research & innovation development pipeline.
COLUMBUS, Ohio — Lancaster Pollard has hired Laca Wong-Hammond as a managing director with the company’s affiliate OREC Securities LLC, which provides mergers and acquisitions (M&A) services.
TRAVELERS REST, SIMPSONVILLE and POWDERSVILLE, S.C. — Atlas Senior Living has acquire three senior living communities in South Carolina: Spring Park in Travelers Rest, Fairview Park in Simpsonville and Oakview…
CIBOLO, Texas — Civitas Senior Living and Trepex Construction have broken ground on The Brooks of Cibolo, an independent living, assisted living and memory care project northeast of San Antonio.
GREEN BAY and OMRO, Wis. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Parkview Manor and Omro Care Center, skilled nursing facilities located in Green Bay and…
BALTIMORE — Healthcare Transactions Group has negotiated the sale of the 225-bed Brinton Woods Post Acute Center and 82-bed Brinton Woods Health & Rehab Center at Arlington West, both skilled…
DANBURY, Conn. — Evans Senior Investments (ESI) has arranged the $9.8 million sale of The Gardens, a 48-unit assisted living community in Danbury.
ALISO VIEJO, Calif. — Belmont Village Senior Living has opened Belmont Village Aliso Viejo, a 149-unit assisted living and memory care community in the Orange County city of Aliso Viejo.
MINNETONKA, Minn. — New Perspective Senior Living has acquired an assisted living and memory care community in Minnetonka, a northwest suburb of the Twin Cities, for an undisclosed price.
PORTLAND, Ore. — Cushman & Wakefield National Senior Housing Capital Markets, exclusively advising seller Focus Healthcare Partners LLC, has arranged the sale of a portfolio of two seniors housing assets…
OREGON CITY, Ore. — Marcus & Millichap has arranged the sale of Oregon City Memory Care, a 31-unit memory care facility in Oregon City, just south of Portland.
MIAMI — Lloyd Jones, a Miami-based real estate investment, development and management platform, has launched a new active adult multifamily brand named Aviva 55.
ROANOKE, Texas — Civitas Senior Living, a senior living management company, and LKP Ventures, a real estate development company, have announced plans for Harvest Senior Living in the DFW metro…
NEW JERSEY — Monticello Asset Management LLC has provided $37.8 million in first lien debt financing for the acquisition of two skilled nursing properties totaling 328 beds in New Jersey.
RENO, Nev. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Regent Care Center, a 174-bed skilled nursing facility in Reno.
HERCULANEUM, Mo. — Veritas Senior Living and Curis Capital have acquired Autumn Ridge, a new seniors housing community in the St. Louis suburb of Herculaneum.
CLEVELAND — OnShift, an HR software company serving the seniors housing industry, has hired Ray Desrochers as president and chief operating officer.
RANCHO PALOS VERDES, Calif. — The American Seniors Housing Association (ASHA) welcomed the second class of inductees into the Senior Living Hall of Fame on Jan. 31 during the association's…
VERO BEACH, Fla. — National Health Investors (NYSE: NHI) has acquired the Isles of Vero Beach, a senior living community in Vero Beach, for $38 million.
BRENTWOOD, Tenn. — Capital One has served as lead arranger and sole bookrunner on an amended agreement for Brookdale Senior Living’s revolving credit facility.
MT. CARMEL, Ill. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired Oakview, a skilled nursing and supportive living campus in Mt. Carmel, located in the southern portion of Illinois along the…
BIRMINGHAM, Ala. — Atlas Senior Living, a Birmingham-based owner-operator, has hired Jennifer Speigner as chief financial officer. She will oversee all financial aspects, HR and compliance for the company.
CHICAGO — Harrison Street, a Chicago-based investment firm dedicated to the education, healthcare and storage sectors, has hired Briana Succop to the firm’s client services and marketing team as vice…
PENNSYLVANIA, NEW JERSEY, CONNECTICUT, WEST VIRGINIA AND MASSACHUSETTS — KeyBank has provided a $142.1 million acquisition loan for a 15-property, 2,147-bed skilled nursing portfolio.
AMES, Iowa — HJ Sims has arranged a $54.2 million financing package for the expansion and repositioning of Northcrest Community, a continuing care retirement community (CCRC) in Ames, approximately 35…
CLEARWATER, Fla. — Miami-based Coral Rock Development Group and Arena Capital Holdings have acquired Prospect Towers, a senior living high-rise in the Tampa suburb of Clearwater, for $13.5 million.
SANTA FE, N.M. — Co-developers MorningStar Senior Living and Confluent Senior Living have opened MorningStar Assisted Living & Memory Care of Santa Fe.
CAMDEN, S.C. — Phoenix Senior Living has broken ground on The Colonial at Historic Camden, a seniors housing community in Camden, approximately 30 miles northeast of Columbia.
SAN FRANCISCO — San Francisco Campus for Jewish Living (SFCJL), a continuing care retirement community in San Francisco, has opened a preview center at its 190-unit Frank Residences expansion.
NEW YORK CITY and TEMPLE HILLS, Md. — Avanath Capital Management has expanded its East Coast portfolio, acquiring two affordable housing properties in New York and Maryland for a combined…
MISHAWAKA, Ind. — KeyBank Real Estate Capital and Cain Brothers have secured financing for the construction of Hellenic Senior Living of Mishawaka, an affordable assisted living facility in Mishawaka, located…
NEW YORK CITY — HJ Sims has provided $27 million in financing for the acquisition of a 15-property skilled nursing portfolio.
YARDLEY, Pa. — Dallas-based developer Caddis has announced plans for Heartis Yardley, a 99-unit assisted living and memory care community in Yardley, just across the state border from Trenton, N.J.
ANNAPOLIS, Md. —The National Investment Center for Seniors Housing & Care (NIC) has appointed six executives from the seniors housing and care and real estate investment sectors to its Board…
ATHENS, Ga. — SunTrust has provided $35 million in financing to support the development of Presbyterian Village Athens in Athens.
CHICAGO — Evergreen Real Estate Group has opened Independence Branch Library in Chicago’s Irving Park neighborhood.
RENO, Nev. — Clearwater Living, in partnership with Goldman Sachs, has started construction of Clearwater at Rancharrah, an assisted living and memory care community.
MACON, Ga. — Watercrest Senior Living Group will continue its Southeastern expansion with a 107-unit senior living community in Macon.
BALTIMORE — Capital Funding LLC has provided a $12.3 million HUD mortgage for Autumn Lake Healthcare at Alice Manor, a 105-bed skilled nursing facility in Baltimore.
GLENDALE, Calif. — Dekel Capital has assembled $59.4 million in debt and equity financing for the development of Sage Glendale Senior Living, a 113-bed assisted living and memory care facility…
STUARTS DRAFT, Va. — Phoenix Senior Living has broken ground on The Retreat at Fishersville, a 54-unit seniors housing community in Stuarts Draft, approximately 150 miles southwest of Washington, D.C.
AZTEC and LOVINGTON, N.M. — Blueprint Healthcare Real Estate Advisors has arranged the sale two seniors housing properties in New Mexico for an undisclosed price.
SCOTTSDALE, Ariz. — The Wolff Company, a Scottsdale-based developer, has unveiled plans to launch a senior living resident experience company.
GARDEN CITY, N.Y. — The Engel Burman Group, a Garden City-based owner-operator of a diverse portfolio of real estate assets including seniors housing, has hired Andreas Boyiakis to the company’s…
RALEIGH, N.C. — Waltonwood Senior Living has opened the doors on Waltonwood Lake Boone, an independent living, assisted living and memory care community in Raleigh.
NEW CITY, N.Y. — Capitol Seniors Housing has started construction of Atria New City, an assisted living and memory care community in the affluent hamlet of New City in Clarkstown.
FLORIDA, GEORGIA and SOUTH CAROLINA — HFF has arranged the sale of five seniors housing properties totaling 325 units across the Southeastern United States.
WEST ALLIS, Wis. — Heritage Senior Living has promoted two employees to vice president positions. Jaime Schwingel was named senior vice president of quality and clinical operations, while Jason Berczy…
MONTGOMERY, Ala. — Birmingham-based Atlas Senior Living has taken over management of Angels for the Elderly, a memory care community in Montgomery.
DELRAY BEACH, Fla. — HJ Sims has arranged $51.5 million in bond financing for the construction of Tuscan Gardens of Delray Beach, an assisted living and memory care community in…
NAPERVILLE, Ill. — Evergreen Real Estate Group has unveiled plans to upgrade and expand Martin Avenue Apartments, a 122-unit affordable seniors housing community in Naperville, a western suburb of Chicago.
EAST GREENWICH, JOHNSTON and RIVERSIDE, R.I. — Capital Health Group LLC (CHG) has acquired three seniors housing properties located in the Providence, R.I., metro area.
BOSTON — Blueprint healthcare real estate advisors has arranged the sale of a portfolio of four skilled nursing facilities totaling 400 beds.
HOUSTON — Hunt Capital Partners has arranged $7.2 million in Low-Income Housing Tax Credit equity (LIHTC) financing for the acquisition and rehabilitation of Anna Dupree Terrace in Houston.
UPPER DUBLIN, Pa., — South Bay Partners Inc. through a joint venture with LAMB Properties LLC, has purchased 7.9 acres in Upper Dublin for the development of a 250-unit seniors…
EASTON, ADAMSTOWN and SYKESVILLE, Md. — Acts Retirement-Life Communities, one of the nation’s largest nonprofit senior living organizations, has agreed to affiliate with Integrace and assume management and operation of…
OAKLAND, Calif. — CBRE has arranged $35.2 million in financing for the acquisition of The Point at Rockridge, a Class A, 148-unit assisted living and memory care community in Oakland.
IRVINE, Calif. — The board of directors of the Council on Shaping Advancements in Generational Environments (SAGE) has named Katja Martinez as its president. Martinez is principal and senior designer…
SAN FRANCISCO — SmithGroup, a Detroit-based design firm, has hired Alexis Burck as the company’s senior living studio leader in the San Francisco office.
FRISCO, Texas — Presidium, a real estate investment and management firm, has broken ground on Artistry at Edgestone, a 188-unit seniors housing community in Frisco, approximately 25 miles north of…
EVANSTON, Ill. — New research released last week by Mather LifeWays Institute on Aging shows that continuing care retirement community — or life plan community — residents report more healthy…
AGOURA HILLS, Calif. — Longtime seniors housing investment brokers John Sherman and Shep Roylance have combined their firms into a single company, The Sherman & Roylance Group.
DALLAS — Lucas McCurdy, co-founder of Bridge The Gap The Senior Living Podcast, has founded The Bridge Group Construction, based in Dallas.
VERO BEACH, Fla. — Harbor Retirement Associates (HRA), a regional senior living development and management company based in Vero Beach, has made three personnel moves at its corporate office: Sheila…
LAWRENCEVILLE, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Ashton Senior Living, a seniors housing community in the Atlanta suburb of Lawrenceville, for $15.8 million.
CHICAGO — Ventas Inc. (NYSE: VTR), a massive healthcare and seniors housing REIT based in Chicago, has hired Bhavana Devulapally as chief information officer.
FRANKLIN, Wis. — New Perspective Senior Living has broken ground on New Perspective – Franklin, a 180,000-square-foot independent living and assisted living community in Franklin, a suburb of Milwaukee.
WARMINSTER, Pa. — Erickson Living has opened Chestnut Pointe, a 50,000-square-foot expansion at the company’s Ann’s Choice continuing care retirement community in Warminster, located north of Philadelphia and west of…
HARTSVILLE, S.C. — Phoenix Senior Living is preparing to open The Retreat at Carolina Bay, an assisted living and memory care community in Hartsville, approximately 70 miles northeast of Columbia.
ATLANTA — Bull Realty has hired Todd Gilmore to its National Senior Housing Group.
ATLANTA — Caddis has unveiled plans for Heartis Buckhead, an 18-story high-rise seniors housing property in Atlanta’s ritzy Buckhead neighborhood.
BETHESDA, Md. — With Marriott International Inc. planning to relocate its Bethesda headquarters in 2022, Erickson Living has announced plans to redevelop the 775,000-square-foot building into a continuing care retirement…
CHICAGO — Waterton, a real estate investor and operator, has acquired a controlling interest in Pathway to Living, a seniors housing owner-operator.
ALTON and BELLEVILLE, Ill. — Strawberry Fields REIT LLC has acquired two skilled nursing facilities near the Illinois-Missouri border for $5.9 million.
BLOOMFIELD, N.J. — Juniper Communities, a Bloomfield-based owner-operator, has promoted Anne Campbell to a corporate position, working in tandem with CEO Lynne Katzmann.
WOODBURY, N.Y. — Greystone has provided $78.5 million in HUD-insured financing for a skilled nursing complex in Woodbury.
KINGWOOD, Texas — Integrated Senior Lifestyles has opened a 101-unit expansion at its Watercrest at Kingwood seniors housing community, located in the northern Houston suburb of Kingwood.
DEERFIELD, Ill. — HFF has arranged a financing packagefor the development of Deerfield Senior Residences in Deerfield, approximately 30 miles north of Chicago.
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has appointed Diana Laing, recently retired CFO of single-family housing REIT American Homes 4 Rent, to its board of directors.
WYOMING, Mich. — Walker & Dunlop has arranged $24.8 million in financing for the construction of Traditions at Rivertown, a seniors housing complex in Wyoming, a suburb of Grand Rapids.
VIERA, Fla. — LandSouth Construction has started construction of Olea at Viera, a luxury, age-targeted apartment community in Viera.
ATLANTA — Developer New Columbia Residential and Quest Community Development Organization have acquired the former Atlanta Job Corps headquarters in Atlanta’s West End, with plans to convert the historic building…
ANNANDALE, Va. — Grandbridge Seniors Housing and Healthcare Finance Group has facilitated a $29.9 million refinancing for Brightview Woodburn, a 94-unit seniors housing community in Annandale, a suburb of Washington…
ORANGE and FRONT ROYAL, Va. — Fox Trail Assisted Living Memory Care, a subsidiary of Fox Trail Senior Living, has announced plans to convert two of its assisted living communities…
BELLEVUE and KIRKLAND, Wash., and APTOS, Calif. — HFF has arranged both the sale of and acquisition financing for three Class A seniors housing communities totaling 253 units on the…
CHULA VISTA, Calif. — Douglas Wilson Cos. (DWC) has opened Sienna at Otay Ranch in the San Diego suburb of Chula Vista, the first in the developer’s new line of…
FLOWERY BRANCH, Ga. — Phoenix Senior Living has broken ground on The Phoenix at Braselton, a 162-unit community in Flowery Branch, approximately 45 miles northeast of Atlanta.
CHICAGO — Charter Senior Living, a Chicago-based operator, has promoted Maura Feaheny as vice president of development and strategy. She joined the company as corporate director of integration and project…
KENNETT SQUARE, Pa. — Kendal Corp. has hired residential senior living project planning expert Frank Mandy as senior project director for development.
HIGHLAND PARK, Ill. — Capitol Seniors Housing has begun construction of Atria Highland Park, an assisted living and memory care community in the Chicago suburb of Highland Park.
IRVING, Texas — Autumn Leaves, a memory care operator based in Irving, has named Jessica Akaah as chief operating officer and John Barbee as chief administrative officer. Barbee will also…
CUMMING, Ga. — Phoenix Senior Living has neared completion of The Phoenix at James Creek, a 90-unit assisted living and memory care community in Cumming, approximately 40 miles northeast of…
OKLAHOMA CITY and MUSTANG, Okla. — Heavenrich & Company has arranged the sale of Emerald Square and Willowood at Mustang, two seniors housing communities located in Oklahoma City and nearby…
CHICAGO — Harrison Street, a Chicago-based real estate investment firm dedicated to the education, healthcare and storage sectors, has hired Elizabeth Wohlleb as a managing director in the company’s client…
LACEY, Wash. — KeyBank Community Development Lending and Investment (CDLI) has provided $70 million in combined construction and permanent loan financing to AVS Communities.
SARASOTA, Fla. — BMO Harris Bank’s Healthcare Real Estate Finance group acted as sole lender for a $46.5 million construction loan for the development of a 198-unit seniors housing community…
WELSH, La., and SOUTHAVEN, Miss. — Lancaster Pollard recently closed a series of bridge loan transactions for seniors housing communities in the Southeast.
CHARLOTTE, N.C. — The Senior Dining Association (SDA) will host the first Senior Dining Association Conference and Expo, to be held March 17-20 in Charlotte.
WALTHAM, Mass. — Benchmark has announced the hiring of Scott Bradshaw as the company’s new regional director of sales.
KINGSTON, Mass. — National Health Investors (NYSE: NHI) has acquired Wingate at Silver Lake, a seniors housing community just south of Boston in Kingston, for $50.3 million.
NEW YORK CITY — KeyBank Real Estate Capital has provided $33 million to refinance the Bronx Gardens Rehabilitation and Nursing Center, a 199-bed skilled nursing facility in the Bronx built…
ANNAPOLIS, Md. — The occupancy rate for seniors housing across the United States increased slightly in the fourth quarter of 2018, according to the National Investment Center for Seniors Housing…
WEST ST. PAUL, Minn. — Dougherty Mortgage LLC has provided a $20.9 million HUD-insured loan for the construction of Darts Senior Apartments, a 172-unit affordable seniors housing property in West…
NORTHPORT, Ala. — Senior Living Investment Brokerage has arranged the sale of Forest Manor, a 182-bed skilled nursing facility in the Tuscaloosa suburb of Northport.
CUMBERLAND and SMITHFIELD, R.I. — Greystone Real Estate Advisors has closed the sale of two seniors housing properties in Rhode Island: Chapel Hill in Cumberland and Smithfield Woods in Smithfield.
NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR) has appointed Robert Savage, an independent director of the company, as chairman of the company’s board of directors.
ORLANDO, Fla. — Dr. Phillips Charities has completed construction of HarborChase, a luxury independent living, assisted living and memory care community in the Dr. Phillips neighborhood of Orlando.
WALNUT CREEK, Calif. — Lancaster Pollard Mortgage Co. has arranged $22.5 million in financing for the construction of Trellis Walnut Creek, a 59-bed skilled nursing facility in the Bay Area…
BUDA, Texas — Sodalis Senior Living has completed a 48-unit expansion at its community in Buda, a suburb of Austin.
NEWARK, N.J. — SVN Affordable | Levental Realty has brokered the $47.5 million sale of St. Mary’s Villa, a 360-unit, age-restricted community in Newark.
HOUSTON — CBRE National Senior Housing has arranged the sale and acquisition financing for The Village Portfolio, a two-property, 224-unit assisted living portfolio in Houston.
WEST DES MOINES, Iowa — Ryan Cos. US Inc. and Grand Living have unveiled plans for a 174-unit seniors housing community in West Des Moines.
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) has announced the Senior Living Hall of Fame's 2019 class of inductees, featuring Debra Cafaro, CEO of of Ventas; Paul Klaassen…
PRAIRIE VILLAGE, Kan. — Tutera Senior Living & Health has completed construction of Mission Chateau Senior Living Community in Prairie Village, just south of Kansas City.
DALLAS — Capital Senior Living Corp. (NYSE: CSU) has appointed Kimberly Lody as the company’s new president and CEO, replacing Larry Cohen who retired at the end of 2018. Lody…
DORAL, Fla. — HFF has arranged the sale of a 1.3-acre development site in Doral, a first-ring suburb of Miami, for $5.3 million. An assisted living community is planned for…
BANDON, Ore. — 1031 Crowdfunding LLC, through its affiliate 1031 CF Properties LLC, has acquired an 84-unit assisted living and memory care facility in Bandon, a coastal city in the…
SCRANTON, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio in the Wyoming Valley region of Northeast Pennsylvania.
NEW YORK CITY AND BIRMINGHAM, ALA. — An affiliate of Bridge Investment Group has purchased Somerby Senior Living Services, a seniors housing operator based in Birmingham. The seniors housing firm…
CHICAGO — Evergreen Real Estate Group has been retained to manage nine affordable housing communities totaling 1,071 units across Illinois, Kansas, Ohio and Wisconsin. The properties include a mix of…
NASHVILLE, Tenn. — Blueprint Healthcare Real Estate Advisors has arranged the sale of three skilled nursing facilities in Western Kentucky for $18.7 million.
JOHNSON COUNTY, Kan. — Greystone has provided $14 million in bridge financing for the acquisition of a 130-bed skilled nursing facility in Johnson County, just southwest of Kansas City.
RAPID CITY, S.D. — Evans Senior Investments (ESI) has arranged the sale of Somerset Court Rapid City, an 87-unit assisted living community in Rapid City, located in the western portion…
FORT WORTH, Texas — DHG Healthcare, the national healthcare practice of Dixon Hughes Goodman LLP, has acquired Fort Worth-based analytics firm JC Griffin LLC (JCG). The price was not disclosed.
SEBRING, SPRING HILL and TAMPA, Fla. — The National Seniors Housing Group of Colliers International has arranged the acquisition of three seniors housing communities in Florida for $20.5 million.
PARK RIDGE, Ill. — Capital One has provided a $15.1 million loan to refinance Avantara Park Ridge, a 154-bed assisted living facility in Park Ridge, a suburb of Chicago.
SANTA FE and HOBBS, N.M. — Blueprint Healthcare Real Estate Advisors has arranged the sale of two skilled nursing facilities, located in Santa Fe and Hobbs and totaling 200 beds.
SEATTLE — Aegis Living, a Seattle-based senior living owner, developer and operator has hired Kris Engskov as president.
TOLEDO, OHIO AND ORLANDO, FLA. — One of the giants of the healthcare REIT sector, Welltower Inc. (NYSE: WELL), has agreed to acquire 55 medical office and outpatient facilities from…
LEXINGTON, Ky. — MidCap Financial has arranged $35 million in financing for the acquisition of Legacy Reserve at Fritz Farm, an independent living, assisted living and memory care community.
MUNDELEIN, Ill. — CBRE has provided $25.9 million in HUD financing for the development of Transitional Care of Lake County, a 185-unit skilled nursing facility.
ORMOND BEACH and DELTONA, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of an affordable seniors housing portfolio in Central Florida.
HUNT VALLEY, MD. AND NASHVILLE, TENN. — Real estate investment trust Omega Healthcare Advisors (NYSE: OHI) has agreed to acquire MedEquities Realty Trust (NYSE: MRT) in a cash and stock…
KEENE, N.H. — Black Salmon, a national commercial real estate investment firm based in Miami, has made its first seniors housing acquisition as part of a planned $250 million pipeline…
IRVINE, Calif., and WINTER PARK, Fla. — Irvine-based Sabra Health Care REIT Inc. (NASDAQ: SBRA) has canceled its master lease with Winter Park-based independent living operator Holiday Retirement, concurrently entering…
NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR) has hired David Smith as executive vice president and chief financial officer and Bhairav Patel as executive vice president…
PARKER, Colo. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired Avantara Crown Point, a 154-bed skilled nursing facility in Parker, approximately 25 miles southeast of Denver.
OTTAWA, Kan. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Ottawa Retirement Village, a continuing care retirement community in Ottawa, approximately 50 miles southwest of Kansas City.
ATLANTA — SunTrust Banks Inc. (NYSE: STI) has provided $86 million in financing first-phase construction of Village Park Senior Living.
PURCHASE, N.Y. — HJ Sims has provided $15 million in financing for the development of Broadview Senior Living at Purchase College, a continuing care retirement community.
NEW YORK CITY — White Oak Healthcare Finance has acquired approximately $700 million in skilled nursing and seniors housing loans from Capital One Healthcare and its participant banks.
HUNTSVILLE, KINGSPORT and LAWRENCEBURG, Tenn. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio in Tennessee.
HERMITAGE, Tenn. — Charter Senior Living has named Wanda Palumbo as executive director of Charter Senior Living of Hermitage, an independent living, assisted living and memory care community in the…
MELBOURNE, Fla. — Multifamily developer and investment firm Pollack Shores Real Estate Group has unveiled plans for 166 active adult apartments in the Viera community of Melbourne.
EMMAUS and WERNERSVILLE, Pa. — HJ Sims has arranged $18 million in financing for Phoebe Ministries, a seniors housing provider in southeastern Pennsylvania.
DEER VALLEY, Ariz. —The Bruckal Development Group of Arizona, in partnership with Ridgeline Properties of Ann Arbor, Mich., has opened Deer Valley Senior Living in Deer Valley, a suburb of…
HUNTINGTON, W.V. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Madison Park Healthcare, a skilled nursing and assisted living community in Huntington.
BIRMINGHAM, Ala. — Birmingham-based Atlas Senior Living has promoted Greg Crutcher from vice president of sales and marketing to chief marketing officer.
PHILADELPHIA — Presby’s Inspired Life has opened Witherspoon Senior Apartments, an adaptive reuse project that turned a former nursing home into affordable seniors housing in Southwest Philadelphia.
SOUTH JORDAN, Utah — PGIM Real Estate Finance has originated a $17.2 million Fannie Mae Choice refinancing for Legacy Retirement Center, an independent living community in the Salt Lake City…
AVON, Conn. — Benchmark, a Massachusetts-based operator, has promoted Jaime Girard to executive director at River Ridge at Avon, an assisted living and memory care community in the Hartford suburb…
LOS ANGELES — South Bay Partners Inc., through a joint venture with LAMB Properties LLC, has acquired two parcels totaling 2.7 acres in the Woodland Hills neighborhood of Los Angeles…
GLEN MILLS, Pa. — LCB Senior Living has broken ground on The Residence at Chadds Ford, an independent living, assisted living and memory care community in Glen Mills, located west…
MARLBORO, N.J. — Cushman & Wakefield National Senior Housing Capital Markets has arranged the sale of The Solana Marlboro, a newly constructed, 79-unit assisted living and memory community in Marlboro.
CONCORD, Mass. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a skilled nursing facility in Concord, a northwestern suburb of Boston.
WEST DES MOINES, Iowa — Lifespace Communities has hired Russell Mauk as its new vice president of development, design and construction.
DELRAY BEACH, Fla. — BRP Senior Housing Management, an affiliate of Big Rock Partners, has acquired a 15-acre site for a luxury seniors housing community in the Palm Beach County…
NEW YORK CITY — Berkadia, a New York-based investment sales and mortgage banking firm, has closed $327 million in Freddie Mac financing for Brookdale Senior Living, the largest owner and…
BOSTON and SEATTLE — Blue Moon Capital Partners LP, a seniors housing private equity investor based in Boston, has formed an acquisition joint venture with Aegis Living, a Seattle-based owner-operator.
NEWTON, Mass. — Five Star Senior Living Inc. (NASDAQ: FVE) has promoted Katie Potter to the positions of president and CEO. She replaces Bruce Mackey, who is retiring at the…
FOUNTAIN VALLEY, Calif. — Lancaster Pollard has provided $36 million in fixed-rate, HUD-insured financing for the construction of Park View Estates.
ANNAPOLIS, Md. — The skilled nursing occupancy rate saw a slight uptick in the third quarter of 2018, increasing 14 basis points to 82.2 percent, according to data from the…
DALLAS — Presbyterian Communities and Services has unveiled plans for a new independent living building at Presbyterian Village North, a continuing care retirement community in Dallas.
VERONA, N.Y. — KeyBank Community Development Lending & Investment (CDLI) has provided a $10.8 million construction loan to convert a public school into affordable seniors housing in Verona, located just…
CHICAGO — Green Courte Partners LLC, a Chicago-based private equity real estate investment firm, has hired Jim Pusateri as the CEO of True Connection Communities, the company’s new senior living…
VERO BEACH, Fla. — Harbor Retirement Associates (HRA), a regional senior living development and management company based in Vero Beach, has appointed Laureen McGuire as its new vice president of…
OAK CREEK, Wis. — National Health Investors Inc. (NYSE: NHI) has agreed to finance development of Ignite Medical Resort Oak Creek, a 144-bed skilled nursing facility just south of Milwaukee…
IRVINE, Calif. — HCP Inc. (NYSE: HCP) has agreed to sell 15 million shares of its common stock in order to help fund its development and acquisition pipeline.
ATLANTA — Lenbrook, an independent continuing care retirement community (CCRC), has announced plans for a $100 million expansion known as Kingsboro at Lenbrook.
BROOMFIELD, Colo. — HFF has arranged $21.4 million in financing for The Avenues Crofton Park, a 90-unit independent living community in the Denver suburb of Broomfield.
PITTSBURGH — The Knapp Group of Marcus & Millichap has brokered the sale of a 58-unit personal care home community in Southwest Pennsylvania.
ESSEX, Conn. — BMO Harris Bank’s Healthcare Real Estate Finance group has closed on a $12.3 million facility for TH Real Estate and LCS. The funds will finance the acquisition…
KNOXVILLE, Tenn. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Northshore Heights LLC, a 69-unit assisted living and memory care community in…
PITTSBURGH and LONG ISLAND CITY, N.Y. — Ziegler has served as the sole advisor to TripleCare on its acquisition by Curavi Health Inc.
CHICAGO — Walker & Dunlop Inc. has structured $13.9 million in financing for the acquisition of Willa Rawls Manor, an 11-story, 123-unit affordable seniors housing community in Chicago.
FALMOUTH, Maine — PGIM Real Estate Finance has originated a financing package totaling $9.9 million for OceanView at Falmouth, an 80-acre seniors housing campus in the Portland suburb of Falmouth.
TOLEDO, Ohio — Welltower Inc. (NYSE: WELL) has appointed Karen DeSalvo and Johnese Spisso, both high-profile healthcare executives, to its Board of Directors.
DALLAS — Senior Care Centers, a Dallas-based operator of more than 100 seniors housing communities in Texas and Louisiana, has filed for Chapter 11 bankruptcy protection in U.S. bankruptcy court…
TEXAS — Greystone has provided a $31.5 million bridge loan for four skilled nursing facilities located across Texas.
GREER, S.C. — The City of Greer has issued the final approval needed for development of a 135-unit seniors housing community in the city, located midway between Greenville and Spartanburg.
BRAINTREE, Mass. — Lancaster Pollard has arranged a $14.2 million refinancing for Alliance Health at Braintree, a 101-bed skilled nursing facility in the Boston suburb of Braintree.
GRIFFIN, Ga. — Pennrose and the Griffin Housing Authority have opened Terraces at the Park, a 68-unit affordable seniors housing community in Griffin, approximately 40 miles south of Atlanta.
TOLEDO, Ohio — Welltower Inc. (NYSE: WELL) has announced $1.3 billion in new investment transactions. The moves include more than $1 billion in off-market transactions, as well as a $300…
ARLINGTON, Wash. — AMWA Development Inc. has closed construction financing for Cedar Pointe, a 255-unit affordable seniors housing community in Arlington, approximately 45 miles north of Seattle.
OHIO — Regional Health Properties, Inc. (NYSE: RHE), a seniors housing investor and the successor to AdCare Health Systems, has transferred operations of five of its facilities in Ohio.
ATLANTA — The Arbor Company has named Kelley Skarp as its new senior vice president of sales and marketing.
NEW YORK CITY and BUFFALO, N.Y. — Greystone has provided a total of $100.8 million in HUD-insured loans to refinance two seniors housing properties in the state of New York.