Industry Voices

American House Buys 100-Unit Community in Macedonia, Ohio
BLOOMFIELD HILLS, MICHIGAN – American House Senior Living Communities has purchased Vista Springs of Macedonia in Macedonia, renaming the property American House Macedonia.
JLL Arranges $27.5M Fannie Mae Refinancing for Community in Massachusetts
BOURNE, Mass. — JLL Capital Markets, Seniors Housing has arranged a $27.5 million Fannie Mae refinancing for Keystone Place at Buzzards Bay in Bourne, located at the base of Cape…
Vestcor Completes 96-Unit Affordable Community in Florida
MIDDLEBURG, Fla. — The Vestcor Companies has opened Cassie Gardens, a 96-unit affordable seniors housing community in Middleburg, a southwestern suburb of Jacksonville.
HHC Finance Hires Stephanie Anderson as National Sales Director
BOSTON — Housing & Healthcare Finance (HHC Finance) has hired Stephanie Anderson as national sales director. Although the company is based in Maryland, Anderson will be based in Boston.
CBRE Provides $24.9M Refinancing for 207-Unit Community in Southern California
RIVERSIDE, Calif. — CBRE has provided a $24.9 million Fannie Mae refinancing for Welbrook Arlington, a 207-unit independent living, assisted living and memory care community in Riverside.
Harborview Capital Partners Arranges $26M Sale of Assisted Living Portfolio in Ohio
CUYAHOGA and STREESBORO, Ohio — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged the sale of an assisted living portfolio in Cuyahoga and Streetsboro.
Capital One Funds $17.1M HUD Refinancing for Skilled Nursing Facility Near Detroit
ROMEO, Mich. — Capital One has provided a 35-year, fixed-rate, $17.1 million loan to refinance a 104-unit skilled nursing facility in Romeo, a northern suburb of Detroit.
Brookdale Completes $2.5M Memory Care Expansion at Community in Phoenix
PHOENIX — Brookdale Senior Living has completed an expansion at its Brookdale Desert Ridge community in Phoenix, adding 20 units for memory care residents.
Watercrest Promotes Rose Pietras to Vice President of Sales and Marketing
VERO BEACH, Fla. — Watercrest Senior Living Group has promoted Rose Pietras to vice president of sales and marketing.
ESI Arranges $31.5M Sale of Two Skilled Nursing Facilities in New Jersey
RIDGEWOOD and MONTCLAIR, N.J. — Evans Senior Investments (ESI) has arranged the sale of a two-property skilled nursing portfolio in New Jersey for $31.5 million.

CCRC in Pennsylvania Breaks Ground on 52-Unit Independent Living Expansion
WORCESTER, Pa. —Meadowood Senior Living, a nonprofit, independent continuing care retirement community, has broken ground on The Grove, a $30 million independent living expansion.
LCS Hires Monica Friedman as Chief Human Resources Officer
DES MOINES, Iowa — LCS has hired Monica Friedman as senior vice president and chief human resources officer, reporting to Joel Nelson, the company’s president and CEO.
Roger B. Kennedy Starts Construction of $11M Senior Apartments Near Orlando
DELAND, Fla. — Orlando-based Roger B. Kennedy Construction has broken ground on the new Banyan Cove senior living apartments in DeLand, near Orlando.
Allegro Senior Living Adds Mariola Dosey to Leadership Team as Vice President of Lifestyle
ST. LOUIS — Allegro Senior Living has hired Mariola Dosey to the newly created position of vice president of lifestyle.
Lutheran Senior Services Begins $70M Independent Living Expansion in Missouri
TOWN AND COUNTRY, Mo. — Lutheran Senior Services has started construction of an independent living expansion of Mason Point, a seniors housing community in the St. Louis suburb of Town…
Kendal Corp. Promotes Marvell Adams Jr. to COO
KENNETT SQUARE, Pa. — Kendal Corp., a Kennett Square-based owner-operator, has promoted Marvell Adams Jr. to the position of chief operating officer.
ESI Negotiates Lease for 120-Bed Skilled Nursing Facility in El Paso, Texas
EL PASO, Texas — Evans Senior Investments has arranged a lease agreement for a 120-bed skilled nursing facility in Texas.
Tutera’s Mike Levitt Elected President of the Missouri Health Care Association
KANSAS CITY, Mo. — Mike Levitt, vice president and chief compliance officer for Tutera Senior Living & Health Care, has been elected president of the Missouri Health Care Association (MHCA)…
Cushman & Wakefield Brokers Sale of 148-Unit Community in California
PALM DESERT, CALIF. — Cushman & Wakefield’s Senior Housing Capital Markets team has arranged the sale of Bella Villaggio, a 148-unit assisted living and memory care community in Palm Desert…
Blueprint Brokers Sale of 159-Bed Skilled Nursing Portfolio in Cincinnati
CINCINNATI — Blueprint Healthcare Real Estate Advisors has arranged the sale of two skilled nursing facilities in Cincinnati. The portfolio totals 159 beds.

LV Lending Provides $2.1M Refinancing for Community in Orlando
ORLANDO, Fla. — LV Lending, a Miami-based private lender, has provided a $2.1 million bridge loan to Stonegate Development Co.
Knapp Group Negotiates Sale of 88-Bed Skilled Nursing Facility Near Detroit
DETROIT — Knapp Group Seniors Housing Advisors of Marcus & Millichap has brokered the sale of an 88-bed skilled nursing facility in metro Detroit. The name and specific location were…
Occupancy Declines Level Off as Seniors Housing Absorption Remains Strong, Says NIC
ANNAPOLIS, Md. — The occupancy rate for seniors housing across the United States was steady in the third quarter of 2018, according to new data from the National Investment Center…
Griffin-American Acquires 1,112-Bed Skilled Nursing Portfolio in Missouri for $88.2M
ST. LOUIS — Griffin-American Healthcare REIT IV Inc., which is co-sponsored by American Healthcare Investors and Griffin Capital Company LLC, has acquired a portfolio of skilled nursing facilities located throughout the…
Berry College Plans 48-Acre CCRC on Its Campus in Rome, Georgia
ROME, Ga. — Berry College has announced plans for The Spires at Berry College, a 48-acre continuing care retirement community (CCRC) on its campus in Rome, approximately 70 miles northwest…
The Ensign Group Acquires 73-Unit Community in Las Vegas
LAS VEGAS — The Ensign Group Inc. (NASDAQ: ENSG), through its Bridgestone Living portfolio company, has acquired Villa Court Assisted Living and Memory Care in Las Vegas.
Smith Senior Living Breaks Ground on $24M Rehab Expansion in Illinois
ORLAND PARK, Ill. — Smith Senior Living has started construction of a new rehabilitation building at Smith Crossing, a continuing care retirement community (CCRC) in Orland Park, approximately 30 miles…
Jewish Community Housing for the Elderly Plans 62-Unit Affordable Community Near Boston
BROOKLINE, Mass. — Jewish Community Housing for the Elderly (JCHE) has announced plans for a 62-unit affordable seniors housing community in Brookline, a town just southwest of downtown Boston.
Capital One Provides $28.4M HUD Refinancing for Community Near Chicago
DES PLAINES, Ill. — Capital One has provided $28.4 million in HUD financing to refinance a 383-unit seniors housing community in the Chicago suburb of Des Plaines.
LTC Urges Continued Attention, Donations to Hurricane Florence Recovery
WESTLAKE VILLAGE, Calif. — LTC Properties Inc. (NYSE: LTC), a seniors housing REIT, is urging continued attention to disaster recovery in the aftermath of Hurricane Florence, which made landfall in…

Highridge Costa, Coastal Rim Properties Break Ground on $130M Project in Hawaii
KAPOLEI, HAWAII — Gardena, Calif.-based Highridge Costa Cos., in partnership with Honolulu-based Coastal Rim Properties, has broken ground on Kulana Hale, a mixed-use and affordable seniors housing project in Kapolei. Designed…
Blake Management Group, LifeCare Properties Form JV to Expand Nationally
JACKSON, Miss. — Operator Blake Management Group (BMG) and developer LifeCare Properties LLC have announced a joint venture that will expand the resort-style Blake senior living communities nationwide.
CBRE Arranges $25.5M Refinancing for Newly Completed Community in Wilmington
WILMINGTON, Del. — CBRE has arranged $25.5 million in financing for a joint venture between Bourne Financial Group and HRA Senior Living.
Love Funding Names Brent Frank Senior Director of Originations
CHICAGO — Love Funding, a provider of FHA multifamily, affordable and healthcare financing, has hired Brent Frank as a senior director of originations. Frank will join Love Funding’s Chicago office.
Ridge Senior Living Tops Out $150M Development in Metro Denver
LAKEWOOD, Colo. — The Ridge Senior Living has completed vertical construction of The Ridge at Pinehurst, an 18-acre independent living, assisted living and memory care community in the first-ring Denver…
SLIB Negotiates $11.7M Sale of Skilled Nursing Facility in Maryland
PRINCE FREDERICK, Md. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Calvert County Nursing Center, a 149-bed skilled nursing facility in Prince Frederick, located near Chesapeake Bay…
Adolfson & Peterson Construction Completes 109-Unit Community in Dallas
DALLAS — Adolfson & Peterson Construction has completed construction of Adora Midtown Park, a 77,132-square-foot senior living facility in Dallas.
Greysteel Brokers Sale of a 102-Unit Affordable Community in Baltimore
BALTIMORE — Greysteel has arranged the sale of Lakewood Apartments, a Section 8 affordable housing community for seniors in Baltimore.
Walker & Dunlop Hires Seniors Housing Expert Michael Davis to Agency Financing Team
CHARLOTTE, N.C. — Walker & Dunlop Inc. has hired Michael Davis as senior vice president in the company’s FHA Finance group.
Affirmed Housing Opens $25M Affordable Community Near Los Angeles
CARSON, Calif. — Affirmed Housing has opened Bella Vita, a 65-unit affordable seniors housing community in Carson, located approximately 15 miles south of downtown Los Angeles.

Activated Insights, Great Place to Work Institute, Fortune Magazine Publish First Best Workplaces in Aging Services List
OAKLAND, Calif. — Activated Insights, the Great Place To Work Institute and Fortune magazine have released their first “Best Workplaces in Aging Services” list.
Pennrose Tops Out 120-Unit Mixed-Income Community in Maryland
ASPEN HILL, Md. — Pennrose has completed vertical construction of Pointe View at Aspen Hill, a 120-unit, mixed-income seniors housing community in Aspen Hill, located just north of Washington, D.C.
CBRE Arranges Refinancing for 123-Unit Community in Austin
AUSTIN, Texas — CBRE has arranged an undisclosed amount of financing for Bridgewood Property Co. and Harrison Real Estate Capital. The borrowers will use the loan to refinance debt on Village…
Wolff Co. Completes 135-Unit Independent Living Property in Lacey, Washington
LACEY, Wash. — Scottsdale, Ariz.-based The Wolff Co. has completed Revel Lacey, a seniors housing community located at 211 Hoh St. SE in Lacey. The community will celebrate its grand…
Lancaster Pollard Provides $16.8M HUD Refinancing for 271-Bed Facility in Pennsylvania
COAL TOWNSHIP, Pa. — Lancaster Pollard has arranged a $16.8 million HUD-insured refinancing for Mountain View, a seniors housing community in the Central Pennsylvania town of Coal Township. The 271-bed…
Berkadia Adds Skilled Nursing Expert Bianca Andujo to Seniors Housing Team
DALLAS — Berkadia has added Bianca Andujo as a senior director to its to its Seniors Housing & Healthcare Group. She will be based in the Dallas office, reporting to…
Ziegler Arranges $200.6M Bond Financing for Nonprofit Owner Trousdale Foundation Properties
CHICAGO — Ziegler, a Chicago-based specialty investment bank, has arranged $200.6 million in bond financing for nonprofit seniors housing owner-operator Trousdale Foundation Properties.
Sunshine Retirement Living Breaks Ground on 133-Unit Community in South Carolina
MAULDIN, S.C. — Sunshine Retirement Living has broken ground on Maple Brook Terrace Retirement Community, a 133-unit seniors housing community in Mauldin, a suburb of Greenville.
Frampton Construction Adds Three Team Members
CHARLESTON, S.C., and CHARLOTTE, N.C. — Frampton Construction Co., a regional full-service construction firm serving several industries throughout the Carolinas, including seniors housing, has added three new team members. The…
CBRE Arranges Acquisition Financing for Four-Property Portfolio in Indiana, Kentucky
INDIANAPOLIS and LOUISVILLE, Ky. — CBRE has arranged an undisclosed amount of acquisition financing for a joint venture between LCS Real Estate and TH Real Estate. The borrowers will use…

Canyon Partners Real Estate Invests $10.6M in 101-Unit Development in Southern California
SIMI VALLEY, Calif. — Canyon Partners Real Estate LLC has provided $10.6 million of preferred equity for the construction of a seniors housing community in Simi Valley, approximately 40 miles…
Public-Private Partnership Opens 162-Unit Affordable Community in Atlanta
ATLANTA — The City of Atlanta, Invest Atlanta, and The Prestwick Companies have opened Gateway Capitol View, an affordable seniors housing community in Atlanta’s Capitol View neighborhood.
Seniors Housing Development Costs Dictate Market Entry, Says InterFace Panel
ATLANTA — Approximately 396 seniors housing properties came online or opened in the top 100 metro areas in the country from the fourth quarter of 2016 to the fourth quarter…
Ryan Cos. Breaks Ground on $55M Community Near St. Louis
ST. PETERS, Mo. — Ryan Cos. has broken ground on Clarendale of St. Peters, a 214-unit independent living, assisted living and memory care community in the St. Louis suburb of St…
LCS Completes 44-Unit Expansion at CCRC in Phoenix
PHOENIX — LCS has completed construction of Desert Willow Assisted Living Center, a 44-unit expansion of its Sagewood continuing care retirement community.
Integral Senior Living Promotes Two to Executive Team
CARLSBAD, Calif. — Integral Senior Living, a Carlsbad-based owner-operator, has promoted Shana Robertson and Amanda Crawley to new positions on the company’s executive team.
Civitas Senior Living Opens Two Communities in Austin
AUSTIN, Texas — Fort Worth-based Civitas Senior Living has opened Double Creek Assisted Living and Memory Care and Tech Ridge Oaks Assisted Living and Memory Care in North Austin.
Watercrest Senior Living Nears Completion of 106,882 SF Community in Metro Orlando
KISSIMMEE, Fla. — Watercrest Senior Living Group and Providence One Partners have entered the final construction phase of Sage Park Assisted Living and Memory Care in the Orlando suburb of…
Leisure Living Management Unveils $3M Expansion at Community in Michigan
ROCKFORD, Mich. — Leisure Living Management has completed a $3 million, 20-unit expansion at Boulder Creek Assisted Living and Memory Care.
Sunshine Starts Construction of 140-Unit Community in New England
METHUEN, Mass. — Sunshine Retirement Living has broken ground on The Woods at Merrimack, a 140-unit seniors housing community in Methuen, approximately 30 miles north of Boston along the New…

Marcus & Millichap Brokers $24M Sale of Two Skilled Nursing Facilities in Florida
SOUTHERN FLORIDA — Marcus & Millichap has arranged the sale of a two-property skilled nursing portfolio in Southern Florida for $24 million. The specific names and locations of the properties…
Ascend, Civitas Break Ground on 83-Unit Property in Fort Worth
FORT WORTH, Texas — Ascend Partners LLC and Civitas Senior Living have broken ground on The Grandview of Chisholm Trail, a 70,000-square-foot seniors housing property in Fort Worth.
Blueprint Negotiates Sale of Memory Care Community in Orange County, California
FULLERTON, Calif. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Richman Gardens, a standalone memory care community in the Orange County city of Fullerton.
Dwight Capital Funds $14.2M Financing for Two Skilled Nursing Facilities in Ohio
CINCINNATI and BRUNSWICK, Ohio — Dwight Capital has provided a total of $14.2 million in bridge and mezzanine financing for two skilled nursing facilities in Ohio.
Vitality, Traditions Merge to Form 12-Property Owner-Operator in Southeast
FRANKLIN, Tenn. — Vitality Senior Living and Traditions Senior Living, both operators based in Franklin, have merged to for Vitality Living.
Abby Development Begins Work on 217-Unit Seniors Housing Project in Metro Houston
BAYTOWN, TEXAS — Dallas-based Abby Development has begun work on The Lodge at Pine Creek, a 217-unit seniors housing project in Baytown, an eastern suburb of Houston.
Cambridge Arranges $10.4M HUD Refinancing for 92-Bed Facility on Long Island
EAST NORTHPORT, N.Y. — Cambridge Realty Capital Cos. has arranged $10.4 million in HUD financing for Birchwood Suites, a seniors housing community in East Northport, a hamlet on Long Island.
Knapp Group Brokers $8.2M Sale of 56-Unit Community in Traverse City, Michigan
TRAVERSE CITY, Mich. — Knapp Group Seniors Housing Advisors of Marcus & Millichap has brokered the sale of a 56-unit independent living and assisted living community in Traverse City.
Covenant Retirement Communities Rebrands as Covenant Living Communities and Services
SKOKIE, Ill. — Covenant Retirement Communities Inc., a nonprofit owner-operator, based in Skokie has rebranded. The company will now be named Covenant Living Communities and Services.
Senior Living Communities Invest in Technology to Improve Resident Care
ATLANTA — As internet-connected technology continues to become ubiquitous in our everyday lives, residents at senior living facilities across the United States are using more and more devices.

Religious Society of Friends Plans $30M CCRC Expansion in Maryland
SANDY SPRING, Md. — Religious Society of Friends has unveiled plans for a major expansion project at Friends House Retirement Community, a continuing care retirement community in Sandy Spring, located…
Contemporary Healthcare Capital Provides $2.4M Mezzanine Loan to Refinance Facility in Washington
WENATCHEE, Wash. — Contemporary Healthcare Capital has provided a $2.4 million mezzanine loan to Regency Pacific Management.
Ingleside Hires Sam Albanese as Senior Vice President of HR and Compliance
ROCKVILLE, Md. — Ingleside, a Rockville-based nonprofit operator, has hired Salvatore “Sam” Albanese as senior vice president of human resources and compliance. His responsibilities will consist of leading Ingleside’s human…
Colliers Brokers Sale of 123-Unit High Rise in Chicago
CHICAGO — The Colliers International-Affordable Housing Group has completed the sale of Willa Rawls Manor, a 123-unit affordable seniors housing tower in Chicago.
Cushman & Wakefield Negotiates Sale of Newly Built Community in Prospect Heights, Illinois
PROSPECT HEIGHTS, Ill. — Cushman & Wakefield’s Senior Housing Capital Markets team has arranged the sale of The Grandbrier at Prospect Heights, a 101-unit assisted living and memory care community…
NHI Receives $300M, Five-Year Term Loan
MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI), a publicly traded healthcare REIT based in Murfreesboro, has entered into a $300 million bank term loan with a five-year maturity.
Erickson Plans 169-Unit Independent Living Expansion at CCRC in New Jersey
NEW PROVIDENCE, N.J. — Erickson Living has unveiled plans for an expansion at Lantern Hill known as Bell Pavilion.
Cambridge Realty Provides $28.4M in HUD Financing for Skilled Nursing Portfolio in Ohio
NILES and MILAN, Ohio — Cambridge Realty Capital Cos. has provided HUD loans for three Continuing Healthcare-owned skilled nursing facilities in Ohio.
Knapp Group Brokers Sale of 145-Bed Skilled Nursing Facility in Maryland for $17.3M
BURTONSVILLE, Md. — Knapp Group Seniors Housing Advisors of Marcus & Millichap has arranged the sale of a 145-bed skilled nursing facility in Burtonsville, located midway between Baltimore and Washington…
Contemporary Healthcare Capital Provides $2.5M Mezzanine Loan for Development in Nevada
MESQUITE, Nev. — Contemporary Healthcare Capital has provided $2.5 million in mezzanine financing for Mission Senior Living to develop a 78-unit seniors housing community.

Healthcare Transactions Group Negotiates Sale of 118-Bed Facility Near Baltimore
SYKESVILLE, Md. — Healthcare Transactions Group Inc. has arranged the sale of Transitions Healthcare at Sykesville, a 118-bed skilled nursing facility in Sykesville, approximately 25 miles northwest of Baltimore.
NIC: Skilled Nursing Occupancy Continues Slide, Hits Record-Low 81.7%
ANNAPOLIS, Md. — Occupancy in the skilled nursing segment has been declining for years, a slide to a record-low 81.7 percent in second-quarter 2018, according to data compiled by the…
CBRE Arranges $21.6M Financing for 167-Unit Community in Washington State
FEDERAL WAY, Wash. — CBRE has arranged $21.6 million in financing for Village Green Retirement Campus, a 167-unit independent living and assisted living community in the Seattle suburb of Federal…
Spectrum Retirement Starts Construction of 179-Unit Community in Illinois
SOUTH ELGIN, Ill. — Spectrum Retirement Communities has started construction of Silver Glen Senior Living in South Elgin, approximately 40 miles west of Chicago.
HH Venture Converts Hotel in Maryland to 140-Unit Seniors Housing Community
GAITHERSBURG, Md. — HH Venture, a limited Partnership led by MRK Partners and operated by a Maryland native, recently transformed the Hyatt House Hotel in Gaithersburg into a 140-unit seniors…
Capital Square 1031 Acquires Newly Constructed Memory Care Facility Near Houston
SPRING, Texas — Capital Square 1031, a real estate investment and management firm, has acquired a newly completed, 10,000-square-foot memory care community in the Houston suburb of Spring. The price…
Columbia Pacific Advisors Provides $6.2M Loan for Memory Care Center in Tucson
TUCSON, Ariz. — Columbia Pacific Advisors, through is bridge lending platform CPIF Lending, has provided a $6.2 million loan to Frontier Management.
Market Studies Are ‘Just One Piece of the Puzzle’ for Developers
Investing in a quality market study is an important step for a developer to take before breaking ground on a new seniors housing community, but the analysis alone cannot predict…
ZOM Senior Living, Liberty Senior Living Acquire 46 Acres in Florida for $180M Development
WELLINGTON, Fla. — ZOM Senior Living, in a venture with Liberty Senior Living, has acquired a 46-acre lakefront site in Wellington, a village in Palm Beach County. The companies plan…
Locust Point Capital Closes $312M Seniors Housing Debut Fund
RED BANK, N.J. — Locust Point Capital has closed its debut fund, Locust Point Private Credit Fund LP. The company plans to provide subordinate debt, preferred equity, and opportunistic senior…

Presbyterian Homes of Georgia Breaks Ground on 229-Unit CCRC in Athens, Georgia
ATHENS, Ga. — Presbyterian Homes of Georgia has broken ground on Presbyterian Village Athens, which the developer claims will be the first continuing care retirement community (CCRC) in Athens.
NRP Group Opens 62-Unit Mixed-Income Community in Cuyahoga Falls, Ohio
CUYAHOGA FALLS, Ohio — A public-private partnership between The NRP Group and the City of Cuyahoga Falls has opened Brookside Residences, a mixed-income seniors housing community in Cuyahoga Falls, a…
Ingleside Names Frank Beech as Executive Director of CCRC in Washington, D.C.
WASHINGTON, D.C. — Ingleside, an operator serving the greater D.C. area, has named Frank Beech as the new executive director at Ingleside at Rock Creek, located in the northwest portion…
Atrium Places 33 Midwestern Skilled Nursing Facilities into Receivership
WOOD COUNTY, Wis. — Atrium Health and Senior Living, a skilled nursing and seniors housing operator based in New Jersey, has placed 33 of its properties into receivership, according to…
HJ Sims Arranges $14M Bond Refinancing for Campus Repositioning in East Lansing, Michigan
EAST LANSING, Mich. — HJ Sims has arranged a $14 million refinancing for Burcham Hills, a continuing care retirement community in East Lansing. The funds will be used to reposition…
Interra Realty Brokers $6M Sale of Skilled Nursing Facility in Chicago’s West Loop
CHICAGO — Interra Realty has brokered the $6 million sale of a four-story skilled nursing facility in Chicago’s West Loop.
CBRE Provides Fannie Mae Refinancing for 126-Unit Community in Sacramento
SACRAMENTO, Calif. — CBRE has provided the refinancing of Campus Commons, a 126-unit independent living community in Sacramento. The amount of the loan was not disclosed.
Civitas Senior Living Hires Misty Miller as Chief Wellness Officer
FORT WORTH, Texas — Fort Worth-based operator Civitas Senior Living has hired Misty Miller to the newly created position of chief wellness officer.
Bellwether Enterprise Named Freddie Mac Seniors Housing Lender
CLEVELAND — Bellwether Enterprise Real Estate Capital LLC, a Cleveland-based commercial and multifamily mortgage-banking subsidiary of Enterprise Community Investment Inc., today announced that it has been approved as a Seniors…
Love Funding Arranges $20.1M Construction Loan for Assisted Living Facility in Alaska
ANCHORAGE, Alaska — Love Funding has arranged a $20.1 million bridge loan for the construction of Baxter Senior Living, an assisted living community in Anchorage.

CareTrust REIT Acquires Seniors Housing Campus for $19M in Saratoga, California
SARATOGA, Calif. — CareTrust REIT (NASDAQ: CTRE) has acquired Our Lady of Fatima Villa, featuring 85 beds of skilled nursing and 37 units of assisted living in the San Jose…
Columbia Pacific Advisors Provides $6.2M Refinancing for Memory Care Community in Tucson
TUCSON, Ariz. — Columbia Pacific Advisors has provided a $6.2 million refinancing for Catalina Springs Memory Care in Tucson.
SLIB Brokers $2M Sale of Skilled Nursing Community in Fremont, Ohio
FREMONT, Ohio — Senior Living Investment Brokerage has arranged the sale of Pristine Senior Living and Post-Acute Care of Fremont, an 82-bed skilled nursing facility, for $2 million.
Integral Senior Living Promotes Kristen Curran-Brookham to New Corporate Position
CARLSBAD, Calif. — Carlsbad-based operator Integral Senior Living has promoted Kristen Curran-Brookham to director of resident programming, a newly created corporate support position.
SSSHT Acquires 286-Unit Community in Portland for $92M
PORTLAND, Ore. — Strategic Student & Senior Housing Trust Inc. (SSSHT) has acquired Courtyard at Mt. Tabor, a seniors housing community in Portland, for $92 million.
Strawberry Fields REIT Acquires 10-Property Skilled Nursing Portfolio in Arkansas, Kentucky for $42.4M
SOUTH BEND, Ind. — Strawberry Fields REIT LLC, a healthcare REIT based in South Bend, has acquired nine skilled nursing facilities in Arkansas and one in Kentucky in two separate…
Senior Living Investment Brokerage Arranges $5.5M Sale of Skilled Nursing Facility Near Chicago
ST. CHARLES, Ill. — Senior Living Investment Brokerage has negotiated the sale of Presence Pine View Care Center in the Chicago suburb of St. Charles for $5.5 million.
LCS Hires Rick Westermann, GeLynna Shaw to Vice President Positions in Rental Division
DES MOINES, Iowa — As part of the company’s plans to grow its rental seniors housing business, Life Care Services has hired Rick Westermann as vice president and senior director…
CBRE Arranges New Lease at Skilled Nursing Facility in Kansas
CHERRYVALE, Kan. — CBRE has arranged the lease of a new operator at Cherryvale Nursing & Rehabilitation Center, a skilled nursing and healthcare facility in Cherryvale.
ASHA 50: Brookdale Hangs On As Largest Owner, Remains Dominant Operator
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA), in partnership with Seniors Housing Business, has released the 2018 edition of the ASHA 50, which ranks the 50 largest owners and…

Mission Senior Living Breaks Ground on $8M Community in Nevada
MESQUITE, Nev. — Mission Senior Living has broken ground on Mesa Valley Estates Assisted Living and Memory Care, a 78-unit community in Mesquite, near the Utah and Arizona borders.
Spectrum Retirement Receives Approval for 162-Unit Community in Algonquin, Illinois
ALGONQUIN, Ill. — The Village of Algonquin Trustees has approved the development of Algonquin Senior Living, a 162-unit seniors housing community. The village is located approximately 45 miles northwest of…
SLIB Negotiates $6.7M Sale of Skilled Nursing Facility Near Grand Rapids
GRAND HAVEN, Mich. — Senior Living Investment Brokerage has arranged the sale of Sanctuary at the Shore, a 126-bed skilled nursing facility in Grand Haven. The city is located along…
Arrow Senior Living Appoints Cora Butler as Chief Wellness Officer
ST. CHARLES, Mo. — Arrow Senior Living Management, a St. Charles-based senior living operator, has appointed Cora Butler as the company’s chief wellness officer.
Cadence Living Hires Lidia Panayotova as Assistant Controller
SCOTTSDALE, Ariz. — Cadence Living, a Scottsdale-based owner-operator, has added Lidia Panayotova to its corporate finance team as assistant controller.
USDA Provides $34M Funding for 240-Bed Skilled Nursing Facility in Pennsylvania
COLLEGE TOWNSHIP, Pa. — The U.S. Department of Agriculture has approved a $34 million direct loan commitment for development of Centre Care Health Center in College Township.
Blueprint Negotiates Sale of 204-Bed Facility in Corpus Christi, Texas
CORPUS CHRISTI, Texas — Blueprint Healthcare Real Estate Advisors has arranged the sale of The Palms Nursing and Rehabilitation for an undisclosed price.
CPF Rebrands Luxury Community in Dallas as The Landon at Lake Highlands
DALLAS — Chicago Pacific Founders (CPF) has announced it will rebrand Churchill Estates in Dallas as The Landon at Lake Highlands.
InterFace Panel: Seniors Housing Must Become ‘Sexier’ to Millennial Workforce
ATLANTA — The seniors housing business is beset with labor concerns, and developers and operators are convinced that the solution lies in upping the number of millennials on staff.
Cadence Living Acquires Community in Bay Area, Plans Renovations
MILLBRAE, Calif. — Cadence Living, a senior living development and management company based in Arizona has acquired Marymount Greenhills Retirement Center an undisclosed price.

Red Stone Provides $20.2M Bond Financing to Rehabilitate Two Affordable Communities in Rensselaer, New York
RENSSELAER, N.Y. — Red Stone Tax-Exempt Funding LLC has provided $20.2 million in tax-exempt bonds for the rehabilitation of two affordable seniors housing communities in Rensselaer, located just across the…
Live Oak Bank Funds Buyout of Frontier Management Ownership Partner
PORTLAND, Ore. — Live Oak Bank has provided financing to Frontier Management and its affiliates in connection with the buy-out of a 50 percent interest in the company held by…
SunTrust, Ziegler Arrange $71M Loan for Quality Life Services Expansion in Pennsylvania
BUTLER, Pa. — SunTrust has served as joint lead arranger and Ziegler as placement agent for a $71 million refinancing for Quality Life Services. The Butler-based healthcare services company will…
Watercrest, United Properties Break Ground on 198-Unit Community in Sarasota, Florida
SARASOTA, Fla. — Watercrest Senior Living Group and United Properties have broken ground on Watercrest Sarasota Senior Living Community, a 198-unit property in Sarasota, just south of Tampa.
Walker & Dunlop Provides $19.5M Acquisition, Redevelopment Financing for Affordable Community in Nashville
NASHVILLE, Tenn. — Walker & Dunlop Inc. has arranged $19.5 million in financing for the acquisition and rehabilitation of Dandridge Towers, an affordable seniors housing community in Nashville.
SRI Management to Operate Five Communities in Florida
TALLAHASSEE, Fla. — SRI Management LLC, a Tallahassee-based operator, has been selected to manage five Superior Residences-branded communities in Florida.
BMO Harris Arranges $28M Acquisition Financing for CCRC in Georgia
EVANS, Ga. — BMO Harris Bank’s Healthcare Real Estate Finance group has closed on $28 million in financing. The borrowers, TH Real Estate and LCS, will use the funds to…
Live Oak Bank Provides $5M Financing for Two Assisted Living Communities Near Salt Lake City
MILLCREEK, Utah — Live Oak Bank has provided $5 million in financing. The borrower, All Seasons Health Services Co., will use the funds to acquire two assisted living properties in…
Marcus & Millichap Brokers $3.6M Sale of Affordable Community in Tennessee
EAST RIDGE, Tenn. — Marcus & Millichap has arranged the sale of East Ridge Residence, a 137,633-square-foot affordable seniors housing community in East Ridge, a suburb of Chattanooga.
Áegis Living Opens 83-Unit Mediterranean-Themed Community in Seattle
SEATTLE — Áegis Living has opened the doors on Áegis of West Seattle, an 83-unit assisted living and memory care community in Seattle.

Nauset Completes 123-Bed Skilled Nursing Facility in Massachusetts
NEWBURYPORT, Mass. — Nauset Construction has finished building Port Healthcare Center, a 123-bed skilled nursing facility in Newburyport, located in the very northeastern corner of the state.
Benchmark Appoints Adam Manchester as Executive Director of Community Near Boston
WALPOLE, Mass. — Benchmark Senior Living has appointed Adam Manchester as executive director at New Pond Village in Walpole, a suburb of Boston.
Cushman & Wakefield Negotiates $100M Recapitalization of Two Chicago-Area CCRCs
LINCOLNSHIRE and NAPERVILLE, Ill. — Cushman & Wakefield has arranged a recapitalization of two continuing care retirement communities (CCRCs) totaling 1,071 units in the Chicago suburbs.
Chicago Pacific Founders Acquires 120-Unit Community Near Detroit
STERLING HEIGHTS, Mich. — Chicago Pacific Founders has acquired Shorehaven Senior Living, a 120-unit independent living and assisted living community in the Detroit suburb of Sterling Heights, for an undisclosed…
HFF Arranges Construction Financing for Solera Community in Denver
DENVER — HFF has arranged financing for the development of Solera at Cherry Creek, a Class A seniors housing development in the Cherry Creek neighborhood of Denver.
Monticello Provides $10.4M Acquisition Loan for Community in Tennessee
TENNESSEE — Monticello Asset Management, through two of its investment vehicles, has provided $10.4 million in financing for the acquisition of a 139-bed skilled nursing facility in Tennessee.
Marcus & Millichap Brokers $51.4M Sale of 277-Unit Community in Utah
DRAPER, Utah — Marcus & Millichap (NYSE: MMI) has arranged the sale of Rosegate Draper, a 277-unit age-restricted multifamily asset in the Salt Lake City suburb of Draper.
Avanath Capital Management Acquires 240-Unit Affordable Community in Edison, New Jersey
EDISON, N.J. — Avanath Capital Management has acquired Menlo Manor, a 240-unit affordable senior housing community in Edison, for an undisclosed price.
Inspirit Senior Living Buys Two Communities in Ohio
CUYAHOGA FALLS, Ohio — Inspirit Senior Living has acquired The Gardens of Cuyahoga Falls and The Gardens of Liberty Park (formerly the Gardens of Western Reserve) in Ohio.
BMO Harris Provides $18M Loan for 100-Unit Community in Minnesota
HUGO, Minn. — BMO Harris Healthcare Real Estate Finance was sole lender for an $18 million loan to Hugo Senior Housing LLC, an affiliate of Keystone Senior LLC.

HHHunt Hires Todd Kobayashi as CFO to Replace Retiring James Crowder
RICHMOND, Va. — HHHunt, a developer with a division devoted to seniors housing, has hired Todd Kobayashi as the company’s new CFO. Kobayashi will replace James Crowder, who announced he…
RiverWoods Breaks Ground on 222-Unit CCRC in New Hampshire
DURHAM, N.H. — The RiverWoods Group has broken ground on RiverWoods Durham, a 222-unit continuing care retirement community (CCRC) in Durham, located in the Southeast corner of the state near…
Marcus & Millichap Brokers $30.2M Sale of Affordable Community in Southern California
SAN MARCOS, Calif. — Marcus & Millichap has brokered the sale of Grandon Village, a 161-unit age- and income-restricted housing asset in San Marcos, approximately 35 miles north of San…
Capitol Seniors Housing Opens $25M Assisted Living Community in New Jersey
MOUNTAINSIDE, N.J. — Capitol Seniors Housing, a D.C.-based investment and development firm, has opened Arbor Terrace Mountainside, an assisted living and memory care community in Mountainside, approximately 30 miles southwest…
Discovery Senior Living Starts Construction of Independent Living Community in Naples, Florida
NAPLES, Fla. — Discovery Senior Living has broken ground on Discovery Village At Naples, an independent living community in the South Florida city of Naples.
SunTrust CRE Originates $13.2M HUD Refinancing for Community in Lynchburg, Virginia
LYNCHBURG, Va. — SunTrust Banks Inc. (NYSE: STI) has provided a $13.2 million HUD-insured refinancing for Runk & Pratt, a 57-unit assisted licing and memory care community in Lynchburg.
Capital Senior Living CEO Larry Cohen to Retire at End of Year
DALLAS — Larry Cohen, CEO and vice chairman of publicly traded operator Capital Senior Living Corp. (NYSE: CSU), has announced he will retire effective Jan. 1, 2019.
Omega Communities Buys 10 Acres Near Atlanta for 200-Bed Development
MCDONOUGH, Ga. — Omega Communities has acquired 10 acres of land in the Atlanta suburb of McDonough, with plans to build an independent living, assisted living and memory community on…
ESI Brokers Sale of Skilled Nursing Facility in Tucson for $15M
TUCSON, Ariz. — Evans Senior Investments (ESI) has arranged the sale of Avalon Southwest Health & Rehabilitation, a 211-bed skilled nursing facility in Tucson.
Dekel Capital Arranges $14.1M Bridge Loan for Community in Fresno, California
FRESNO, Calif. — Dekel Capital, a Los Angeles-based real estate merchant bank, has placed $14.1 million in bridge financing on behalf of Mountain Capital Partners and Willis Development.

Ventas to Acquire Manhattan Community for $194M in Sale-Leaseback with Brookdale
NEW YORK CITY — Brookdale Senior Living Inc. (NYSE: BKD) has agreed to sell Brookdale Battery Park, an independent living community in Manhattan, for $194 million.
Public-Private Venture Breaks Ground on 123-Unit Affordable Community in Miami
MIAMI — A public-private collaboration between Miami-Dade County, Pinnacle Housing Group and the South Miami Heights Community Development Corp. has broken ground on Caribbean Village, an affordable seniors housing property…
JCH Negotiates $16.5M Sale of 152-Unit Portfolio in Pacific Northwest
WASHINGTON and OREGON — JCH Senior Housing Investment Brokerage has arranged the sale of four assisted living and memory care communities in Washington and Oregon.
Blueprint Brokers Sale of 96-Bed Skilled Nursing Facility in Ohio
RICHFIELD, Ohio — Blueprint Healthcare Real Estate Advisors has brokered the sale of Pine Valley Care Center, a 96-bed skilled nursing facility located in Richfield, approximately 20 miles south of…
HJ Sims Arranges $15M in Financing for CCRC Expansion in Atlanta
ATLANTA — HJ Sims has arranged $15 million in revolving pre-development financing for an expansion project at Lenbrook, a continuing care retirement community (CCRC) in Atlanta.
Discovery Completes Renovation of Community in Houston Suburbs
SPRING, Texas — Discovery Senior Living has completed the renovation of Conservatory At Champion Forest, a seniors housing community in Houston suburb of Spring.
Vestcor Opens 93-Unit Affordable Community in Milton, Florida
MILTON, Fla. — The Vestcor Companies has opened Carter Crossing, a 93-unit affordable seniors housing community in Milton, located at the far west end of the Florida Panhandle.
Blueprint Brokers Sale of 160-Bed Skilled Nursing Facility in Milwaukee
MILWAUKEE, Wis. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Lake Terrace Health and Rehabilitation Center, a 160-bed skilled nursing facility in Milwaukee.
Maplewood Hires Bernadette Greatorex as Vice President of Sales, Strategic Partnerships
WESTPORT, Conn. — Maplewood Senior Living, Westport-based operator, has named Bernadette Greatorex as its vice president of sales and strategic partnerships.
Solvere Prepares to Open $31.6M Independent Living Community in Virginia
HENRICO, Va. — Solvere Senior Living has opened a sales office at Aspire at Carriage Hill, a 148-unit independent living community currently under construction in the Richmond suburb of Henrico.

Roger B. Kennedy Completes $8M Construction of Community in Tallahassee
TALLAHASSEE, Fla. — Roger B. Kennedy Construction has completed work on Tapestry Senior Living Walden in Tallahassee.
Knapp Group Brokers Sale of 40-Bed Community in Southeast Michigan for $6.5M
DETROIT — Marcus & Millichap’s Knapp Group has brokered the sale of a 40-bed assisted living and memory care community in Southeast Michigan.
Blueprint Negotiates Sale of 106-Bed Skilled Nursing Facility in Kentucky
PIKEVILLE, Ky. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Signature HealthCARE of Pikeville, a 106-bed skilled nursing facility, for an undisclosed price.
Covenant Hires Brian Devlin as Senior Vice President of Project Development
SKOKIE, Ill. — Covenant Retirement Communities (CRC) has hired Brian Devlin as senior vice president of project development.
Fantini & Gorga Arranges $20.5M Construction Financing for Community in Western Massachusetts
CHICOPEE, Mass. — Fantini & Gorga has arranged $20.5 million in first mortgage construction financing for Chicopee Assisted Living at RiverMills, an assisted living community in the Western Massachusetts city…
Ziegler Facilitates Sale of 310-Unit CCRC in Austin, Texas
AUSTIN, Texas — Ziegler, a specialty investment bank, has arranged the “membership substitution” — effectively a sale — of Longhorn Village, an entrance-fee continuing care retirement community in Austin.
Blueprint Brokers Sale of 120-Bed Skilled Nursing Facility in the Florida Keys
TAVERNIER, Fla. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Plantation Key Nursing and Rehabilitation, a 120-bed skilled nursing facility in Tavernier, located in the Florida Keys.
SLIB Negotiates $3.7M Sale of Three-Property Portfolio in California, North Carolina
VISTA, Calif., and HENDERSONVILLE, N.C. — Senior Living Investment Brokerage (SLIB) has facilitated the sale of two assisted living communities in Hendersonville and a 183-unit independent living, assisted living and…
Harbor Retirement Associates Promotes Christopher Thompson to Vice President of Hospitality
VERO BEACH, Fla. — Harbor Retirement Associates (HRA), a regional developer and operator based in Vero Beach, has appointed Christopher Thompson as its new vice president of hospitality.
Cadence Living Acquires 158-Unit Community Near San Francisco
MILLBRAE, Calif. — Cadence Living has acquired Marymount Greenhills Retirement Center, a 158-unit independent living, assisted living and memory care community in the San Francisco suburb of Millbrae.

Blueprint Arranges Sale of 180-Bed Skilled Nursing Facility in Arkansas
EL DORADO, Ark. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Oak Ridge Nursing and Rehab, a 180-bed skilled nursing facility. The property is in El Dorado…
Fannie Mae Approves Hunt Real Estate Capital as Seniors Housing Lender
NEW YORK CITY — Hunt Real Estate Capital, a New York-based lender, has been approved as a Fannie Mae Seniors Housing Lender.
Anthem Memory Care Appoints Kerry Donegan as Executive Director in Illinois
TINLEY PARK, Ill. — Anthem Memory Care has appointed Kerry Donegan as executive director of Porter Place in the southern Chicago suburb of Tinley Park.
Oasis Outsourcing Acquires Aureon HR
WEST PALM BEACH, Fla. and WEST DES MOINES, Iowa — In a merger of personnel services companies, West Palm Beach-based Oasis Outsourcing has acquired West Des Moines-based Aureon HR, which…
Koelsch Communities Completes $17M Memory Care Community in Edmonds, Washington
EDMONDS, Wash. — Koelsch Communities has completed Cedar Creek Memory Care Community, a 60-unit memory care community in the Seattle suburb of Edmonds.
Brookdale Hires DISH Network Executive Steven Swain as CFO
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD) has hired Steven Swain as the company’s executive vice president and chief financial officer, effective Sep. 4.
Capital Funding Group Provides $64.5M in HUD Financing for Six Skilled Nursing Facilities
BALTIMORE — Capital Funding Group (CFG), a Baltimore-based lender, has closed six HUD mortgages totaling $64.5 million for skilled nursing facilities in Tennessee, Michigan, Indiana and Washington.
SLIB Negotiates Sale of 104-Bed Skilled Nursing Facility in Jacksonville for $8.5M
JACKSONVILLE, Fla. — Senior Living Investment Brokerage has arranged the sale of Park Ridge Nursing & Rehabilitation Center, a 104-bed skilled nursing facility in Jacksonville.
Blueprint Brokers Sale of 176-Bed Skilled Nursing Facility in Philadelphia
PHILADELPHIA — Blueprint Healthcare Real Estate Advisors has brokered the sale of Fairview Care Center of Bethlehem Pike, a 176-bed skilled nursing facility in the Chestnut Hill area of Philadelphia.
BMO Harris, Wells Fargo Arrange $200M Loan for Tower Redevelopment in Brooklyn
NEW YORK CITY — BMO Harris Healthcare Real Estate Finance and Wells Fargo Bank National Association have arranged a $200 million loan to support the redevelopment of the former Leverich…

White Oak Healthcare Finance Provides $34.8M Acquisition Financing for Skilled Nursing Portfolio in Maryland
NEW YORK CITY — White Oak Healthcare Finance LLC, a New York-based lender, has provided a $34.8 million loan for the acquisition of two skilled nursing facilities in Maryland.
CBRE Arranges Refinancing for Two-Property CPF Living Portfolio in Arizona, Nevada
TUCSON, Ariz., and PAHRUMP, Nev. — CBRE has arranged the refinancing of The Echelon of Tucson in Tucson and Inspirations Senior Living in Pahrump.
Welltower Restructures Finance Division, Promotes Three Executives
TOLEDO, Ohio — Welltower Inc. (NYSE: WELL) has promoted Shankh Mitra from senior vice president to CIO and executive vice president, as well as Tim McHugh to senior vice president…
Charter Senior Living to Manage Two Hampton Manor Properties in Michigan
DAVISON and BAY CITY, Mich. — Charter Senior Living has been selected to manager Hampton Manor of Davison and Hampton Manor of Bay City, both located in Central Michigan.
MedBest Hires Christina Johnson as Senior Recruiter
TAMPA, Fla. — MedBest, a Tampa-based senior living executive search firm, has hired Christina Johnson as a senior recruiter.
Blueprint Brokers Sale of Nine-Facility Skilled Nursing Portfolio for $82M
CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has arranged the sale of nine skilled nursing facilities in California, Colorado, Idaho, North Carolina, New Mexico, Rhode Island…
Pathway to Living Breaks Ground on 116-Unit Community Near Chicago
LA GRANGE, Ill. — Pathway to Living has broken ground on Aspired Living of La Grange, a 116-unit assisted living and memory care community in the western Chicago suburb of…
Griffin-American Acquires 53-Unit Assisted Living Facility Near St. Louis for $8.1M
WARRENTON, Mo. — American Healthcare Investors LLC and Griffin Capital Company LLC, the co-sponsors of Griffin-American Healthcare REIT IV Inc., have acquired Oak Pointe of Warrenton, a 53-unit assisted living…
ORIX, Lancaster Pollard Arrange $16.7M Construction Financing for 120-Unit Community Near Atlanta
JOHNS CREEK, Ga. — ORIX Corp. USA and Lancaster Pollard have arranged $16.7 million in financing for the construction of Brickmont Johns Creek, a 120-unit assisted living and memory care…
Brookdale Appoints Healthcare Executive Rita Johnson-Mills as Independent Board Member
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD) has appointed Rita Johnson-Mills as an independent member of the company's board of directors.

CCRC in Virginia Prepares to Break Ground on $140M Expansion
NORFOLK, Va. — Harbor’s Edge, an independent, nonprofit continuing care retirement community, is preparing to break ground on a $140 million, 24-story expansion.
SLIB Negotiates Sale of 30-Unit Community in Northern California for $4.2M
CHICO, Calif. — Senior Living Investment Brokerage has arranged the sale of Townsend House, a 30-unit assisted living facility in Chico, approximately 90 miles north of Sacramento.
Charter Names New Executives at Two Communities in the Midwest
SYLVANIA, Ohio, and FOX LAKE, Ill. — Charter Senior Living has named a new executive director for its community in Fox Lake, as well as the executive team for its…
Christian Care Cos. Opens $84M Community Near Phoenix
SURPRISE, Ariz. — Christian Care Cos. has opened Fellowship Square Surprise, a 313-unit independent living, assisted living and memory care community in the Phoenix suburb of Surprise.
IPA Arranges Sale of Three-Property, 174-Unit Memory Care Portfolio in the Southeast
KNOXVILLE, Tenn., FAYETTEVILLE, Ark. and LITTLE ROCK, Ark. — Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), has arranged the sale of three Clarity Pointe memory…
Park Square Enterprises Plans Intergenerational Community Near Orlando
KISSIMMEE, Fla. — Park Square Enterprises has unveiled plans for an intergenerational community in Kissimmee that will combine seniors housing with childhood education.
Marcus & Millichap Negotiates Sale of Five Skilled Nursing Facilities in Michigan
ZEELAND, FREMONT, FENTON, OVID and WAYNE, Mich. — Marcus and Millichap has arranged the sale of five skilled nursing facilities in Michigan in three separate transactions. The prices were not…
Blueprint Brokers Sale of 347-Bed Portfolio in Ohio
CLEVELAND — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property, 347-bed skilled nursing and assisted living portfolio in northeast Ohio.
Carnegie Capital Arranges $16M Refinancing for Assisted Living Community in Cleveland
CLEVELAND — Carnegie Capital has arranged a $16 million refinancing for an assisted living and memory care community in Cleveland.
HCP Appoints Katherine Sandstrom to Board of Directors
IRVINE, Calif. — HCP Inc. (NYSE: HCP), one of the Big Three REITs investing in seniors housing, has appointed Katherine Sandstrom as an independent director to its Board of Directors…

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