How Technology May Be Threatening Your Business
Programs like Uber, Grubhub and FaceTime can keep residents out of senior living. So how do we compete?
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NHI Acquires Two Assisted Living Communities in Central Michigan for $17.1M
BRIDGEPORT and SAGINAW, Mich. — National Health Investors Inc. (NYSE: NHI) has acquired a two-property assisted living and memory care portfolio in Central Michigan for $17.1 million.
Senior Living Certification Commission Elects Brenda Bacon as Chairman
ALEXANDRIA, Va. — The Senior Living Certification Commission (SLCC) has elected Brenda Bacon, president and CEO of Brandywine Living, as the new chairman of the SLCC Board of Commissioners.
Lifespace Hires Terese Juntz as Senior Vice President of People, Administration
WEST DES MOINES, Iowa — Lifespace Communities has hired Terese Juntz as senior vice president of people and administration. Juntz will join the organization in its West Des Moines offices…
Lenders’ Scrutiny of Potential Deals Increases As Market Conditions Shift
Billy Meyer, managing director of Seattle-based Columbia Pacific Advisors, doesn’t mince words when talking about the bridge lender’s cautious approach to financing seniors housing product today. “We don’t underwrite hope…
The Legacy Breaks Ground on $175M CCRC in Dallas
DALLAS — The Legacy Senior Communities has broken ground on The Legacy Midtown Park, a nonprofit continuing care retirement community in Dallas. Development costs are estimated at $175 million.
Carnegie Capital Arranges $24M Bridge Loan for Community on Long Island
LONG ISLAND, N.Y. — Carnegie Capital has sourced and structured a $24 million bridge loan to refinance a skilled nursing and assisted living facility along the North Shore of Long…
Benchmark Hires Two for HR Team Expansion
WALTHAM, Mass. — Benchmark has hired two new employees to assist with organizational development as part of the company’s goal to be a sought-after employer in the industry.
Walker & Dunlop Expands Investment Sales Platform to California
LOS ANGELES — Commercial real estate and financial services firm Walker & Dunlop Inc. has expanded its multifamily investment sales platform to the West Coast with the addition of Javier…
Blueprint Negotiates $134M Skilled Nursing Portfolio Sale
CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has arranged the sale of 12 skilled nursing facilities for $134 million.
Willis Development Opens 106-Unit Assisted Living Community in Tucson, Arizona
TUCSON, Ariz. — Willis Development has completed construction of Sage Desert, an assisted living and memory care community in Northwest Tucson.
Seniors Housing Business Receives Two NAREE Awards
LAS VEGAS — Seniors Housing Business has received two awards from the National Association of Real Estate Editors (NAREE). The ceremony was held last week at the Planet Hollywood Resort…
HealthTrust Adds Cindy Bennett as Director, Management & Clinical Assessments
SARASOTA, FL — HealthTrust, a Sarasota-based appraisals and advisory firm specializing in seniors housing and healthcare real estate, has hired Cindy R. Bennett as director of management and clinical assessments.
Cushman & Wakefield Negotiates Sale of 97-Unit Community in Tampa
TAMPA, Fla. — Cushman & Wakefield has arranged the sale of The Watermark at Trinity, an 84,217-square-foot assisted living and memory care community in Tampa.
Griffin-American to Acquire Eight Skilled Nursing Facilities in Missouri for $88.2M
ST. LOUIS — American Healthcare Investors and Griffin Capital Company, the co-sponsors of Griffin-American Healthcare REIT IV, have agreed to acquire a skilled nursing portfolio located throughout Missouri for $88.2…
SunTrust Expands Aging Services Practice Group to National Scope
ATLANTA — SunTrust Banks Inc. (NYSE: STI), an Atlanta-based lender, has expanded its Aging Services/Senior Living Industry Practice group. Previously only available in select regions, the group’s services will now…
KeyBank Provides $14.2M Financing to Renovate, Preserve Affordable Seniors Housing in Buffalo, New York
BUFFALO, N.Y. — KeyBank Community Development Lending & Investment has provided $14.2 million in construction financing for the renovation of Riverview Manor and Piotr Stadnitski Gardens in Buffalo.
Integral Senior Living Names Jerry Lindenbaum Executive Director of Community in Kansas
LEAWOOD, Kan. — Integral Senior Living has hired Jerry Lindenbaum as executive director of Leawood Gardens Senior Living, an assisted living and memory care community in Leawood, a suburb of…
Spectrum Opens 159-Unit Community Near Phoenix
CHANDLER, Ariz. — Spectrum Retirement Communities has opened The Enclave at Chandler Senior Living, an independent living, assisted living and memory care community in the Phoenix suburb of Chandler.
Capital One Provides $9.3M Fannie Mae Refinancing for Assisted Living Community in Texas
NACOGDOCHES, Texas — Capital One has provided a $9.3 million Fannie Mae fixed-rate loan to refinance The Arbor Assisted Living and Memory Care, a 59-unit seniors housing facility in Nacogdoches.
Artemis Real Estate Partners Commits $45M to Silverado Five-Year Development Plan
IRVINE, Calif. — Artemis Real Estate Partners has agreed to a $45 million financial commitment to Silverado, an Irvine-based owner-operator specializing in memory care.
Housing & Healthcare Finance Provides $4.9M HUD Refinancing for Community Near Austin
KYLE, Texas — Housing & Healthcare Finance has provided a $4.9 million 232/223(f) HUD loan for New Haven of Kyle.
Sodexo Seniors Hires Allison Lane as Communications Director
GAITHERSBURG, Md. — Sodexo has hired Allison Lane as communications director for Sodexo Seniors.
Quality Senior Living, Blake Management Plan 118-Unit Community in Biloxi, Mississippi
BILOXI, Miss. — Blake Management Group and the management team from Quality Senior Living, along with LongueVue Capital, have unveiled plans for The Blake at Biloxi.
KeyBank Provides $13.5M Refinancing for Community in North Carolina
CHAPEL HILL, N.C. — KeyBank Real Estate Capital has originated a $13.5 million refinancing for Chatham Ridge Assisted Living in Chapel Hill.
Vitality Senior Living to Operate YourLife Portfolio in Florida
TALLAHASSEE and PENSACOLA, Fla. — Vitality Senior Living has been selected as the exclusive operating partner for YourLife Senior Living.
American House Promotes Traci Taylor to VP of Sales, Revenue Enhancement
BLOOMFIELD HILLS, Mich. — American House Senior Living Communities, a Bloomfield Hills-based operator, has promoted Traci Taylor to corporate vice president of sales and revenue enhancement.
Margaret Wylde’s Message to Industry: Do a Better Job of Understanding Customers
CHICAGO — There is one surefire way to make sales hum in seniors housing, says Margaret Wylde, an industry consultant who has conducted research in this niche property sector for…
Ziegler Arranges $110.5M in Bonds for CCRC Development in New Hampshire
DURHAM, N.H. — Ziegler has closed on $110.5 million in bond financing for the development of RiverWoods Durham, a 222-unit continuing care retirement community (CCRC).
Blueprint Negotiates Sale of 267-Unit Community Near Cincinnati
MASON, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the sale of Cedar Village, a 267-unit continuing care retirement community in the Cincinnati suburb of Mason.
Harborview Arranges $29M Acquisition Loan for Skilled Nursing Facility in Upstate New York
UPSTATE NEW YORK — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $29 million in financing for the acquisition of a 236-bed skilled…
Peacock Partnership Buys Former Hotel in Atlanta for $70M Seniors Housing Redevelopment
ATLANTA — Peacock Partnership Inc. has completed its purchase of the former Presidential Hotel, located near Atlanta’s “Spaghetti Junction” highway interchange of I-285 and I-85. The buyer plans to convert…
CBRE Arranges $35.8M Acquisition Financing for 130-Unit Community in Folsom, California
FOLSOM, Calif. — CBRE has arranged financing for the acquisition of Prairie City Landing, a 130-unit independent living, assisted living and memory care community in Folsom, a suburb of Sacramento.
Contemporary Healthcare Capital Closes $13.3M Refinancing for Skilled Nursing Facility in New Jersey
NEWTON, N.J. — Contemporary Healthcare Capital has closed $13.3 million in senior and mezzanine loans to refinance a 128-bed skilled nursing facility in Newton.
Tutera Senior Living Promotes Anthony Burgess to Chief Medical Officer
KANSAS CITY, Mo. — Tutera Senior Living & Health Care, a Kansas City-based post-acute operator, has promoted Dr. Anthony Burgess to chief medical officer.
SLIB Arranges $9.5M Sale of 120-Bed Skilled Nursing Facility in Arkansas
SILOAM SPRINGS, Ark. — Senior Living Investment Brokerage has arranged the sale of Siloam Springs Nursing & Rehabilitation, a skilled nursing facility in Siloam Springs, located in the northwest corner…
NIC Rolls Out New Skilled Nursing Quality Metrics
ANNAPOLIS, Md. — The National Investment Center for Seniors Housing & Care (NIC) is expanding and enhancing its NIC MAP Data Service to include key metrics for the skilled nursing…
SQLC Elects Bernie DiFiore and Laurie Dotter as Board Members
ADDISON, Texas — Senior Quality Lifestyles Corporation (SQLC), a Texas-based nonprofit operator, has elected Bernard “Bernie” DiFiore and Laurie Dotter to its board of directors.
American House, REDICO Promote Jacqueline Trost to Vice President of Marketing
SOUTHFIELD, Mich. — American House Senior Living Communities, a seniors housing provider, and REDICO, a national real estate development, investment and property management company, have promoted Jacqueline Trost to vice…
Grandbridge Arranges $25.5M Acquisition Financing for Community Near Atlanta
ALPHARETTA, Ga. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged $25.5 million in financing for the acquisition of Arbor Terrace at Crabapple.
Capital One Provides $20.8M HUD Refinancing for 175-Unit Community in Tucson
TUCSON, Ariz. — Capital One has provided a $20.8 million loan for the refinancing of a seniors housing community in Tucson.
Maplewood Senior Living Hires New Executive Director, Community Relations Director for Community in Connecticut
NEWTOWN, Conn. — Maplewood Senior Living has hired Laurie Lofgren as the new executive director and Lauren Stowell as the new community relations director of Maplewood at Newtown.
Ziegler Closes $41.1M Bond Financing for Seniors Housing Property in Metro Portland
LAKE OSWEGO, ORE. — Ziegler has closed $41.1 million in fixed-rate bond financing for Mary's Woods at Marylhurst Inc. Mary's Woods is an Oregon nonprofit corporation operating a seniors housing…
American House to Take Over Management of 44-Unit Memory Care Community in Illinois
ORLAND PARK, Ill. — American House Senior Living Communities has been awarded management of Autumn Leaves of Orland Park, a 44-unit memory care community in the Chicago suburb of Orland…
Walker & Dunlop Adds New York Multifamily Finance Leader
NEW YORK CITY — Walker & Dunlop Inc. has hired John Gilmore IV as senior vice president and managing director in its Multifamily Finance group.
HCP, Sabra Complete Previously Announced Dispositions Totaling Over $1B
IRVINE, Calif. — Sabra Health Care REIT (NASDAQ: SBRA) and HCP Inc. (NYSE: HCP), two unrelated healthcare REITs both based in Irvine, have completed a series of previously planned property…
HJ Sims Secures $52.1M Construction Financing for CCRC Expansion in Massachusetts
LEXINGTON, Mass. — HJ Sims has closed $52.1 million in construction financing for the expansion and repositioning of Brookhaven at Lexington, a continuing care retirement community (CCRC) in the Boston…
Harborview Arranges $30.8M Acquisition Financing for Two Skilled Nursing Facilities in Indiana
INDIANA — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a financing package to fund the acquisition of two skilled nursing facilities in Indiana.
Industry Veterans Hal Bone, Van Cluck Launch New Development, Management Company
LEBANON, Tenn. — Hal Bone Enterprises has launched a new seniors housing development and management company named L4 Lifestyles. The company is headquartered in the Nashville suburb of Lebanon.
Ziegler Arranges $52M Bond Refinancing for 747-Unit CCRC in Kansas
LENEXA, Kan. — Ziegler has arranged $52 million in bond financing for Lakeview Village, a 747-unit continuing care retirement community in Lenexa, a suburb of Kansas City.
ESI Negotiates $38M Sale of Two Communities in Arkansas
ROGERS and BENTONVILLE, Ark. — Evans Senior Investments (ESI) has arranged the sale of a two-property seniors housing portfolio in Arkansas for $38 million.
It’s Never 2 Late Moves Headquarters to Greenwood Village, Colorado
GREENWOOD VILLAGE, Colo. — It’s Never 2 Late (iN2L), a digital engagement platform for seniors housing residents, has moved its headquarters to Greenwood Village, a suburb of Denver.
Chicago Pacific Founders Acquires 175-Unit Luxury Community in Dallas
DALLAS — Chicago Pacific Founders (CPF) has acquired Churchill Estates, a 175-unit luxury senior living community in Dallas, for an undisclosed price.
Kayne Anderson Closes $1.8B Equity Fund
BOCA RATON, Fla. — Kayne Anderson Real Estate, a Boca Raton-based private equity investor, has closed its fifth opportunistic equity fund, Kayne Anderson Real Estate Partners V.
Wolff Buys Land Site in Palm Desert for Seniors Housing Development
PALM DESERT, Calif. — The Wolff Company, an Arizona-based private equity firm and developer, has acquired property in Palm Desert with plans to build a seniors housing community on the…
Senior Living Investment Brokerage Launches Financial Services Firm
ST. LOUIS, Mo. — Senior Living Investment Brokerage, a seniors housing-focused brokerage firm based in Chicago, has launched a new financial services venture known as Monarch Advisors.
Kaufman Lynn Opens Raleigh Office, Hires John Wilkins as Regional SVP
RALEIGH, N.C. — Kaufman Lynn Construction, a Florida-based full-service construction firm that serves the seniors housing industry, has opened a new office in Raleigh. The company also named John Wilkins…
Can Tech Solve the Jobs Crisis in Seniors Housing?
SAN DIEGO — Two statistics exist today that put the seniors housing industry in a precarious position. One is that adults over age 65 account for 15 percent of the…
Columbia Residential Completes 149-Unit Affordable Rehabilitation Project in Midtown Atlanta
ATLANTA — Columbia Residential has opened Tenth & Juniper, a rehabilitated affordable seniors housing high-rise in Midtown Atlanta.
Carnegie Capital Arranges $11.5M Construction Loan for 95-Bed Assisted Living Community in Utah
SALT LAKE CITY — Carnegie Capital, a Texas-based commercial real estate finance correspondent and advisory firm, has sourced and structured an $11.5 million construction loan for a 95-bed assisted living…
Blueprint Brokers 638-Bed Skilled Nursing Portfolio Lease in North Carolina
NORTH CAROLINA — Blueprint Healthcare Real Estate Advisors has arranged the lease of a five-property, 638-bed skilled nursing portfolio located throughout North Carolina.
Watercrest Promotes Christy Skinner to Vice President of Operations
VERO BEACH, Fla. — Watercrest Senior Living Group has promoted Christy Skinner to vice president of operations. Skinner will oversee multiple brands of senior living communities developed, owned and operated…
Harbert Management Acquires 127-Unit Community Near Atlanta
ALPHARETTA, Ga. — Harbert Management Corp. has acquired Village Park at Alpharetta, a 127-unit seniors housing community in the Atlanta suburb of Alpharetta. Village Park Senior Living sold the property…
Juniper Appoints New Executive Directors for Two Communities in Lakewood, Colorado
LAKEWOOD, Colo. — Juniper Communities, a New Jersey-based owner-operator, has named new executive directors for Lakewood Reserve and Applewood Place, both located in the Denver suburb of Lakewood.
Wolverine Building Group Announces Four New Hires
GRAND RAPIDS, Mich. — Wolverine Building Group, a Grand Rapids-based construction company that serves the seniors housing industry, has announced four new team members.
Ziegler Closes $72.6M Bond Refinancing for Two-Property HumanGood Portfolio
DES MOINES, Wash. and PHOENIX — Ziegler, a specialty investment bank, has closed $72.6 million in bond financing for nonprofit owner-operator HumanGood.
Leisure Living Breaks Ground on $23M Community in Michigan
FOREST HILLS, Mich. — Leisure Living Management has broken ground on Cascade Trails Senior Living, a 104-unit independent living, assisted living and memory care community in the Grand Rapids suburb…
Blueprint Negotiates Sale of Two Skilled Nursing Facilities in Florida
DELAND, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of University Center East and University Center West, two skilled nursing facilities in DeLand, approximately 40 miles north…
MBK to Acquire Nine-Property Portfolio in West for $382M
IRVINE, Calif. — MBK Real Estate has agreed to acquire a nine-property seniors housing portfolio in California, Washington and Arizona for $382 million.
CA Senior Living Starts Construction of 122-Unit Expansion Near Seattle
LYNNWOOD, Wash. — CA Senior Living has started construction of a 122-unit expansion at Quail Park of Lynnwood, a seniors housing community in the Seattle suburb of Lynnwood.
Ziegler Arranges Sale of 268-Unit CCRC in Dallas to The Ensign Group
DALLAS — Ziegler has arranged the sale of Grace Presbyterian Village, a continuing care retirement community in Dallas. Presbyterian Communities & Services sold the community to The Ensign Group for…
Blue Moon, Cedarbrook Acquire 142-Unit Community in Michigan
BLOOMFIELD HILLS, Mich. — A joint venture between Blue Moon Capital Partners LP and Cedarbrook Senior Living has acquired Cedarbrook of Bloomfield Hills.
Blueprint Brokers $59.8M Sale of 14-Property Skilled Nursing Portfolio
ILLINOIS and MISSOURI — Blueprint Healthcare Real Estate Advisors has arranged the sale of 14 skilled nursing facilities in Illinois and Missouri for $59.8 million.
CBRE Arranges Construction Financing for Two Communities Near Hartford, Connecticut
FARMINGTON and SIMSBURY, Conn. — CBRE has arranged an undisclosed amount of financing for a joint venture between CA Ventures and a global investment manager. The funds will be used…
Atrium Opens 144-Bed Skilled Nursing Facility in New Jersey
LIVINGSTON, N.J. — Atrium Health & Senior Living has opened Atrium Post Acute Care of Livingston, a 144-bed skilled nursing facility in the New York City suburb of Livingston.
Walker & Dunlop Closes $17.3M Construction Loan for Affordable Assisted Living Facility in Indianapolis
INDIANAPOLIS — Walker & Dunlop has structured a $17.3 million loan for construction of Oasis at 56th, a 124-unit affordable assisted living facility in Indianapolis.
Covenant Retirement Communities Hires Scott Moore as Executive Vice President of Campus Operations
SKOKIE, Ill. — Covenant Retirement Communities (CRC), a nonprofit, faith-based senior living organization headquartered in Skokie, has hired Scott Moore as executive vice president of campus operations.
Big Data Can Make Big Difference in Seniors Housing, Says Tech Expert
SAN DIEGO — Technology is everywhere nowadays, but its use doesn’t end at interactive displays and ways to keep seniors connected to relatives. Much of the value of today’s technology…
LCS, Harrison Street, Ryan Cos. Break Ground on $50M Community Near Nashville
BELLEVUE, Tenn. — LCS, Harrison Street Real Estate Capital and Ryan Cos. US Inc. have broken ground on Clarendale at Bellevue Place, a 195-unit independent living, assisted living and memory…
Benchmark Opens Memory Care Expansion in Boston Metro
WALPOLE, Mass. — Benchmark Senior Living has opened a memory care expansion at New Pond Village, a seniors housing community in the Boston suburb of Walpole.
Blueprint Negotiates Sale of 181-Bed Skilled Nursing Facility in Tennessee
COLUMBIA, Tenn. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Signature HealthCARE of Columbia, a 181-bed skilled nursing facility in the Nashville suburb of Columbia.
Bank Leumi Provides $4.8M Refinancing for Assisted Living Community in Orlando
ORLANDO, Fla. — Bank Leumi has provided a $4.8 million loan for Green Tree Assisted Living, a 75-bed assisted living community in Orlando.
Solinity to Operate 168-Unit Community in Montgomery, Alabama
MONTGOMERY, Ala. — Sierra Cove Group of Companies has selected Solinity to operate CaraVita Village, a 168-unit independent living community in Montgomery.
MedCore, TNRG Buy 13.8 Acres Near Austin for 314-Unit Community
GEORGETOWN, Texas — Dallas-based MedCore Partners and Houston-based The National Realty Group (TNRG) have acquired 13.8 acres in the Austin suburb of Georgetown, with plans to build a 314-unit independent…
Clearwater Living Acquires Community from The Wolff Company in Southern California
OXNARD, Calif. — Clearwater Living has acquired Clearwater at Riverpark, a newly delivered, 136-unit independent living community in Oxnard.
CBRE Arranges Acquisition Financing for Two-Property Portfolio in Cincinnati, Salt Lake City
CINCINNATI and SALT LAKE CITY — CBRE has arranged an undisclosed amount of financing for the acquisition of a two-property seniors housing portfolio.
Bank Leumi Provides $9.3M Acquisition Loan for Two Assisted Living Communities in Florida
MARGATE and DAVIE, Fla. — Bank Leumi has provided $9.3 million in financing for the acquisition of two assisted living properties in Florida.
Greysteel Brokers Sale of 92-Unit Affordable Property in Maryland for $7.5M
PERRYVILLE, Md. — Greysteel has arranged the sale of Fairgreen Senior Apartments, a 92-unit affordable housing community in Perryville, a small town located between Philadelphia and Baltimore.
Greystone Healthcare Management to Open $30M Skilled Nursing Facility in Kendall, Florida
KENDALL, Fla. — Greystone Healthcare Management has announced plans to open The Kendall Lakes Health and Rehabilitation Center, a 150-bed skilled nursing facility in the Miami suburb of Kendall.
LCS to Provide Consulting Services for $215M High-Rise Development Near Miami
FORT LAUDERDALE, Fla. — Ocean Land Investments has partnered with both LCS Development and Life Care Services to provide consulting services regarding Riverwalk Residences of Las Olas. Ocean Land Investments…
Blueprint Negotiates Sale of 92-Bed Skilled Nursing Facility in Louisville
LOUISVILLE, Ky. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Christian Health Center West, a 92-bed skilled nursing facility in Louisville.
Lancaster Pollard Opens Bay Area Office
WALNUT CREEK, Calif. — Lancaster Pollard has opened an office in Walnut Creek, located in California’s San Francisco Bay Area. Grant Goodman, vice president with the firm, will lead the…
WellAge Hires Moraine Byrne as Senior Vice President of Operations
LAKEWOOD, Colo. — WellAge Senior Communities, a Lakewood-based developer and operator, has hired Moraine Byrne as senior vice president of operations.
CBRE Arranges $34.5M Freddie Mac Refinancing for 157-Unit Community Near Houston
CONROE, Texas — CBRE has arranged a $34.5 million refinancing for Woodhaven Village, a 157-unit independent living, assisted living and memory care community in the Houston suburb of Conroe.
Confluent Sells 69,000 SF MorningStar Property in Fort Collins to Kayne Anderson
FORT COLLINS, Colo. — Confluent Senior Living has sold MorningStar of Fort Collins, an assisted living and memory care community in Fort Collins. Kayne Anderson Real Estate purchased the property…
Argentum Elects Legend Senior Living CEO Tim Buchanan as Chairman of the Board
ALEXANDRIA, Va. — Argentum, an Alexandria-based seniors housing industry association, has elected Tim Buchanan is the new chairman of its Board of Directors. Buchanan is the president and CEO of…
NorthMarq Negotiates $11.3M Construction Loan for Skilled Nursing Facility in Las Vegas
LAS VEGAS — NorthMarq Capital has arranged an $11.3 million loan for the construction of Centennial Hills Skilled Nursing Facility in Las Vegas.
Eldermark Software Hires Brad Fuqua as Senior Vice President of Market Development
MINNETONKA, Minn. — Eldermark Software, a technology solutions provider serving the senior care industry, has hired Brad Fuqua as senior vice president of market development.
Buckingham: Encourage Talent and You’ll Cultivate Careers in Senior Care
SAN DIEGO — Marcus Buckingham has a rather simple yet effective piece of advice for seniors housing operators: stop focusing on the negative.
PMRG Purchases Plot for $40M Community Near Dallas
MCKINNEY, Texas — PMRG has acquired a plot of land in the Dallas suburb of McKinney for the development of Hidden Springs, a 200-unit independent living, assisted living and memory…
Cushman & Wakefield Hires Dan Baker, Promotes Rick Swartz
BOSTON — Cushman & Wakefield, a national commercial real estate services company, has made two major changes within its Boston-based Senior Housing Capital Markets Group. Dan Baker has been hired…
Westminster Development Breaks Ground on 48-Unit Memory Care Community in South Carolina
AIKEN, S.C. — Westminster Development has broken ground on Westminster Memory Care of Aiken, a 48-unit memory care community.
Strawberry Fields Acquires Skilled Nursing Facility in Louisville, Raises $67.1M in Bonds
LOUISVILLE, Ky., and SOUTH BEND, Ind. — Strawberry Fields REIT LLC has acquired Landmark Rehabilitation and Nursing Center of River City, a 92-bed skilled nursing facility in Louisville, for $6.5…
Lancaster Pollard Arranges $19.9M Construction Financing for Affordable Community in Indiana
NOBLESVILLE, Ind. — Lancaster Pollard has arranged a $19.9 million HUD loan to fund the construction of Heritage Woods of Noblesville, a 124-unit affordable assisted living facility in Noblesville, a…
OHI Starts Transition of Orianna Portfolio, Restructures Signature Portfolio
HUNT VALLEY, Md. — Omega Healthcare Investors Inc. (NYSE: OHI) has received court approval to begin the transition its Orianna portfolio to new operators, following the bankruptcy filing of Orianna’s…
Capital One Provides $13.2M HUD Refinancing for Skilled Nursing Facility in Michigan
HOWELL, Mich. — Capital One has provided a $13.2 million, fixed-rate HUD loan to refinance an 88-bed skilled nursing facility in Howell, approximately 50 miles northwest of Detroit.
Blueprint Negotiates Sale of Three-Property Skilled Nursing Portfolio Near Boston
BOSTON — Blueprint Healthcare Real Estate Advisors has arranged the sale of three skilled nursing facilities in the Boston metro for an undisclosed price.
Integral Senior Living Hires Tom Inderhees as Executive Director of Community in Kansas
OLATHE, Kan. — Integral Senior Living has named Tom Inderhees as the new executive director of Travanse Living at Olathe, a community southwest of Kansas City. Mike Fraser was also…
Colliers to Acquire 75 Percent Stake in Harrison Street for $450M
TORONTO and CHICAGO — In an effort to expand its global investment management platform, Colliers International Group Inc. (NASDAQ: CIGI) has agreed to acquire 75 percent of Harrison Street Real…
NHI Purchases Two Skilled Nursing Facilities in Texas for $29M
GARLAND and FORT WORTH, Texas — National Health Investors Inc. (NYSE: NHI) has acquired two skilled nursing facilities in Texas for $29 million. The seller was not disclosed.
CBRE Provides $12.9M Fannie Mae Refinancing for 108-Unit Independent Living Community Near Sacramento
ROSEVILLE, Calif. — CBRE has provided a $12.9 million Fannie Mae loan to refinance Roseville Commons, a 108-unit independent living community in the Sacramento suburb of Roseville.
Harborview Arranges $22.5M Acquisition Financing for Two Properties in New York
NEW YORK — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged $22.5 million in financing for two seniors housing communities in the northern suburbs…
Capital Funding Group Closes $9M HUD Loan for 122-Bed Skilled Nursing Facility in Florida
FLORIDA — Capital Funding Group (CFG) has provided a $9 million HUD loan to refinance a 122-bed skilled nursing facility in Florida.
Steadfast Nears Completion of $95.5M Community Near Los Angeles, Atria to Operate
LAGUNA NIGUEL, Calif. — Steadfast Senior Living has started pre-leasing at Crestavilla, a 201-unit, $95.5 million independent living, assisted living and memory care community in the Los Angeles suburb of…
Phoenix Senior Living Enters Joint Venture with Connexion for Five-Property Senior Living Pipeline in Southeast
ROSWELL, Ga. — Phoenix Senior Living, a Roswell-based operator, has entered a joint venture with Connexion Development Group to build five seniors housing communities.
Capital Funding Group Provides Two HUD Loans Totaling $30.2M for Autumn Lakes Portfolio in Connecticut
NORWALK and WATERBURY, Conn. — Capital Funding Group (CFG) has provided HUD loans totaling $30.2 million for two Autumn Lakes-branded skilled nursing facilities in Connecticut.
Blueprint Brokers $7.5M Sale of Two Skilled Nursing Facilities in Kentucky
PADUCAH and BARDWELL, Ky. — Blueprint Healthcare Real Estate Advisors has brokered the sale of two skilled nursing facilities in Kentucky for $7.5 million.
Discovery Senior Living Hires Lisa Welshhons as Senior Vice President of Human Resources
BONITA SPRINGS, Fla. — Discovery Senior Living, a Bonita Springs-based developer and operator, has hired Lisa Welshhons as senior vice president of human resources.
Greystone Provides $75M in Financing for Three-Property Skilled Nursing Acquisition
NEW YORK CITY — Greystone has provided $75 million in FHA loans for the acquisition of the three-property Optima skilled nursing portfolio, located in the greater New York City area.
Braemar Partners Starts Construction of 95-Unit Assisted Living Community in Alabama
VESTAVIA HILLS, Ala. — Braemar Partners has started construction of Longleaf Liberty Park, a 95-unit assisted living and memory care community.
HJ Sims Arranges $8.1M Financing for Memory Care Community Near Pittsburgh
WASHINGTON, Pa. — HJ Sims has arranged $8.1 million in financing to fund the construction of Woodside Place of Washington, a 36-bed memory care community in the Pittsburgh suburb of…
Contemporary Healthcare Capital Closes $3.7M Mezzanine Loan for New Silverado Community
NORTHSHORE, Wis. — Contemporary Healthcare Capital has provided a $3.7 million mezzanine loan as part of a $19.6 million financing package to Silverado Senior Living.
Cadence Senior Living Hires Susan Stangroom as Vice President of Operations
SCOTTSDALE, Ariz. — Cadence Senior Living, a Scottsdale-based operator and developer, has hired Susan Stangroom as vice president of operations.
Ryan Cos., Cadence Senior Living Start Construction of 170-Unit Project in Arizona
MESA, Ariz. — Ryan Cos. and Cadence Senior Living have unveiled plans for Azure Mesa, a 170-unit independent living, assisted living and memory care community in Mesa, a suburb of…
Sabra Restructures Master Lease with Signature HealthCARE
IRVINE, Calif. — Sabra Heath Care REIT Inc. (Nasdaq:SBRA) has restructured the company’s master leases with its tenant, Signature HealthCARE.
Blueprint Brokers Sale of 128-Bed Skilled Nursing Facility Near Phoenix
PEORIA, Ariz. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Plaza Del Rio, a 128-bed skilled nursing and long-term acute care facility in the Phoenix suburb of…
Capital Funding Group Provides Six HUD, Bridge-to-HUD Loans Totaling $68.8M
BALTIMORE — Capital Funding Group (CFG), a Baltimore-based lender, has provided $68.8 million in HUD an bridge-to-HUD financing across six separate transactions.
Love Funding Names Sharon Thole Director of Originations
WASHINGTON, D.C. — Love Funding, a D.C.-based lender, has hired Sharon Thole as director of originations. She will work under the guidance of Leonard Lucas.
ESI Brokers Sale of Two-Property Portfolio in Upstate New York
STAMFORD, N.Y. — Evans Senior Investments (ESI) has arranged the sale of Robinson Terrace, a two-building assisted living and skilled nursing campus in the small, Upstate New York town of…
Contemporary Healthcare Capital Provides Two Mezzanine Loans Totaling $6.1M
MIAMI and COVINGTON, Tenn. — Contemporary Healthcare Capital (CHC) has closed mezzanine loans for two seniors housing communities in Miami and Covington totaling $6.1 million.
Brightview Senior Living Purchases 7.5 Acres in Long Island for Seniors Housing Development
SAYVILLE, N.Y. — Brightview Senior Living has acquired a 7.5-acre plot of land in the Long Island hamlet of Sayville.
Blueprint Negotiates Trade of 120-Bed Skilled Nursing Facility in Alabama
BUTLER, Ala. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Willow Trace Health and Rehabilitation Center, a 120-bed skilled nursing facility Alabama, for an undisclosed price.
OnShift Hires Industry Veteran Lisa Fordyce to Vice President Position
CLEVELAND — OnShift, a Cleveland-based labor management software platform, has hired Lisa Fordyce for the newly created position of executive vice president of enterprise development for senior living.
Foresight, W.E. O’Neil to Break Ground on 80,000 SF Community in Arizona
GILBERT, Ariz. — Foresight Senior Living Development LLC. and W.E. O’Neil Construction Co. will break ground May 9 on Eternal Spring of Gilbert Senior Living Community in Gilbert, a suburb…
Healthcare Transactions Group Arranges Sale of Skilled Nursing Facility in Baltimore
BALTIMORE — Healthcare Transactions Group Inc. has arranged the sale of Bridgepark Healthcare Center, a 99-bed skilled nursing facility in Baltimore.
1031 Crowdfunding Acquires Memory Care Facility in Oregon for $14M
HILLSBORO, Ore. — 1031 Crowdfunding, through joint venture with Seasons Management LLC, has acquired Rosewood Specialty Care, a 48-bed memory care facility in Hillsboro, a suburb of Portland.
HCP Appoints Lydia Kennard, Kent Griffin to Board of Directors
IRVINE, Calif. — HCP (NYSE: HCP), an Irvine-based healthcare REIT, has made a variety of changes to its board of directors, including the addition of Lydia Kennard and Kent Griffin.
Harrison Street Names Erin Nahumyk as Chief Accounting Officer
CHICAGO — Harrison Street Real Estate Capital LLC, a Chicago-based investment firm focused on education, healthcare and storage real estate, has named Erin Nahumyk its chief accounting officer.
Quadrum Global Launches Operator, Prepares to Open $95M Community in Fort Myers
FORT MYERS, Fla. — Quadrum Global has started pre-leasing at Amavida, a 32-acre seniors housing campus in Fort Myers.
Blueprint Arranges $45M Sale of Five-Property Skilled Nursing Portfolio in Northeast Ohio
OHIO — Blueprint Healthcare Real Estate Advisors has arranged the sale of a five-property skilled nursing portfolio located in Northeast Ohio for $45 million.
Windover Completes 18-Bed Hospice Facility in Lincoln, Massachusetts
LINCOLN, Mass. — Windover Construction has completed Care Dimensions Hospice House, a 29,127-square-foot skilled nursing facility in the Boston suburb of Lincoln.
SLIB Negotiates Sale of 166-Unit Community in Montgomery, Alabama
MONTGOMERY, Alabama — Senior Living Investment Brokerage has arranged the sale of Caravita village, a 166-unit independent living community in Montgomery, for an undisclosed price.
CareTrust REIT Announces Two New Operator Relationships
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE), a San Clemente-based REIT focused on seniors housing and healthcare assets, has partnered with two operators that are new to the…
Annaly to Acquire Healthcare Specialist MTGE for $900M in REIT Merger
NEW YORK AND BETHESDA, MD. — New York-based Annaly Capital Management Inc. (NYSE: NLY) has agreed to acquire Bethesda-based real estate investment trust MTGE Investment Corp. (NASDAQ: MTGE) for $900…
Lancaster Pollard Arranges $88M Construction Financing for Community Near Denver
DENVER — Lancaster Pollard has arranged $88 million in financing for the construction of The Ridge Pinehurst, a luxury senior living community in the Denver suburb of Lakewood.
Blueprint Brokers $20M Sale of Skilled Nursing Campus in Dallas
DALLAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of Brentwood Healthcare, a five-building, 450-bed skilled nursing campus in Dallas.
NorthMarq Negotiates $2M Second Mortgage for Skilled Nursing Facility Near New York City
MOUNT VERNON, N.Y. — NorthMarq Capital has arranged a $2 million second mortgage for Lohman Village, a 31-unit adult care facility located in Mount Vernon, just outside of New York…
SLIB Brokers $1.8M Sale of Skilled Nursing Facility in Texas
WHEELER, Texas — Senior Living Investment Brokerage Inc. has arranged the sale of Wheeler Nursing and Rehabilitation, a 75-bed skilled nursing facility in Wheeler, a rural city located approximately midway…
Ryan Cos. Promotes Brian Murray to CEO
MINNEAPOLIS — Ryan Companies US Inc., a Minneapolis-based real estate developer, architect, capital investment consultant, builder and real estate manager, has promoted Brian Murray to CEO.
LTC Sells Five-Property Portfolio to NHI for $67.5M in Ohio, Pennsylvania
COLUMBUS and CLEVELAND, Ohio, and ERIE, Pa. — LTC Properties Inc. (NYSE: LTC) has sold five assisted living and memory care communities in Ohio and Pennsylvania for $67.5 million. The…
SEC Approves Initial Public Offering for Strategic Student & Senior Housing Trust
LADERA RANCH, Calif. — The Securities and Exchange Commission (SEC) has allowed a new housing REIT, Strategic Student & Senior Housing Trust, to launch its $1.1 billion initial public offering.
Blueprint Negotiates Sale of 460-Bed Skilled Nursing Portfolio in Western New York
WESTERN NEW YORK — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 460-bed, five-property skilled nursing portfolio in Western New York for an undisclosed price.
Vestcor Starts Construction of 118-Unit Community in Tallahassee
TALLAHASSEE, Fla. — Vestcor Senior Living has started construction of an unnamed independent living, assisted living and memory care community in Tallahassee.
Capitol Seniors Housing Completes Renovations of Four Communities in Seattle
SEATTLE — Capitol Seniors Housing, a Washington, D.C.-based private equity firm, has completed renovations to four of its independent living and assisted living communities in the Seattle metro area.
Greystone Real Estate Advisors Negotiates Sale of 57-Unit Community Near Atlanta
MARIETTA, Ga. — Greystone Real Estate Advisors has arranged the sale of a 57-unit assisted living and memory care community in the Atlanta suburb of Marietta for an undisclosed price.
Blueprint Arranges Sale of Five-Property Skilled Nursing Portfolio in Alabama
ALABAMA — Blueprint Healthcare Real Estate Advisors has negotiated the sale of five skilled nursing facilities in Alabama for an undisclosed price.
Mercy Housing Hires Granvel Tate as Regional Director of Real Estate Development
ATLANTA — Mercy Housing Southeast has hired H. Granvel Tate III as its regional director of real estate development. In this role, Tate will oversee the development and acquisition of…
Big Rock Opens $82M Community Near Disney World
CELEBRATION, Fla. — Big Rock Partners has completed construction of Windsor at Celebration, an independent living, assisted living and memory care community in Celebration, the Disney-originated master-planned community in Central…
Lancaster Pollard Arranges $23.4M HUD Refinancing for Skilled Nursing Facility in Nebraska
PAPILLION, Neb. — Lancaster Pollard has arranged $23.4 million in HUD financing for Hillcrest Health Services. The borrower will use the funds to refinance The Cottages at Hillcrest Country Estates…
Blueprint Negotiates Sale of 142-Unit Community in El Paso
EL PASO, Texas — Blueprint Healthcare Real Estate Advisors has arranged the sale of Royal Estates, a 142-unit seniors housing community located in El Paso.
Watercrest Hires Jennifer Harris as Executive Director of Memory Care Community in Palm Coast, Florida
PALM COAST, Fla. — Watercrest Senior Living Group has hired Jennifer Harris as executive director of Market Street Memory Care Residence in Palm Coast. The 64-unit community is slated to…
Carlton Senior Living to Build $30M Community in Santa Rosa, California
SANTA ROSA, Calif. — The Sonoma County Board of Zoning Adjustments has approved plans by Carlton Senior Living LLC to build a senior living complex in Santa Rosa.
Brookdale, Ventas Restructure into Master Lease for 128-Community Portfolio
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD), the largest owner and operator of seniors housing in the United States, has entered into a new master lease with Ventas…
Watercrest, Titan Break Ground on 107-Unit Community in Columbia, 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 in Columbia.
Lancaster Pollard Provides $6M in Acquisition Financing for 127-Unit Community in Indiana
GREENCASTLE, Ind. — Putnam County Hospital has acquired a seniors housing community featuring 84 skilled nursing beds and 43 assisted living beds in Greencastle.
Blueprint Negotiates Sale of 94-Bed Skilled Nursing Facility in Texas
ROBSTOWN, Texas — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 94-bed skilled nursing facility in Robstown, located near the Gulf Coast south of San Antonio.
Berkeley Point Hires Two to HUD, Affordable Teams
BETHESDA, Md. — Berkeley Point Capital, a Bethesda-based lender, has added Peggy Lawrence and Will Andersen to its team.
Welltower, ProMedica Form Joint Venture, Will Acquire Quality Care Properties for $2B
TOLEDO, OHIO — Toledo-based healthcare REIT Welltower Inc. (NYSE: WELL) has entered into an 80/20 joint venture with ProMedica Health System to acquire Quality Care Properties (NYSE: QCP) for nearly…
CBRE Arranges $37M Refinancing for 170-Unit Community in Arizona
SCOTTSDALE, Ariz. — CBRE has arranged a $37 million refinancing for Andara Senior Living, a 170-unit independent living and assisted living community in the Phoenix suburb of Scottsdale.
Perkins Eastman Breaks Ground on 153-Unit Expansion at CCRC in Maryland
ROCKVILLE, Md. — Architecture firm Perkins Eastman has broken ground on Gardenside, a 153-unit expansion at Ingleside at King Farm, a continuing care retirement community in the Washington, D.C. suburb…
Monticello Provides $31.2M Acquisition Financing for 200-Bed Community on Staten Island
NEW YORK CITY — Monticello Asset Management, through one of its investment vehicles, has provided $31.2 million bridge-to-HUD loan for New Broadview Manor Home For Adults, a 200-bed seniors housing…
JCH Brokers $7.4M Sale of Community in Central Washington State
WENATCHEE, Wash. — JCH Senior Housing Investment Brokerage has arranged the sale of Riverwest Senior Living, a 65-unit independent living and assisted living community in the Central Washington city of…
Watercrest, Waypoint Break Ground on 107-Unit Community Near Atlanta
NEWNAN, Ga. — Watercrest Senior Living Group and Waypoint Residential have broken ground on Watercrest Newnan Assisted Living and Memory Care in Newnan, a suburb of Atlanta.
Colliers Brokers $22.7M Sale of Community in Starkville, Mississippi
STARKVILLE, Miss. — Colliers International has brokered the sale of The Claiborne at Adelaide, a 54,658-square-foot senior living community, for $22.7 million.
Walker & Dunlop Provides $17M Freddie Mac Refinancing for Community Near Phoenix
GILBERT, Atiz. — Walker & Dunlop Inc. has provided $17 million in Freddie Mac financing for American Orchards, an assisted living and memory care community in the Phoenix suburb of…
Hillcrest Development, Pathfinder Partners Complete $1.6M Renovation at Independent Living Property Near Denver
DENVER — Hillcrest Development and Pathfinder Partners have completed a $1.6 million renovation and rebranding program at V-Esprit, a 100-unit independent living community in the Denver suburb of Aurora.
Charter Senior Living To Manage Community in Northern Illinois
FOX LAKE, Ill. — Charter Senior Living has taken over operations of Paradise Park Assisted Living & Memory Care in Fox Lake, located near the northern border of Illinois approximately…
Lancaster Pollard Secures $23.1M Refinancing for Nonprofit Property in New Jersey
GALLOWAY, N.J. — Lancaster Pollard has arranged a $23.1 million refinancing for Seashore Gardens Living Center, a nonprofit seniors housing community in the Atlantic City suburb of Galloway.
Blueprint Negotiates Sale of 90-Bed Skilled Nursing Facility Near Toledo
WHITEHOUSE, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the sale of Whitehouse Country Manor, a 90-bed skilled nursing and long-term-care facility in the Toledo suburb of Whitehouse.
Greystone Brokers $6.3M Sale of Skilled Nursing Facility in El Paso
EL PASO, Texas — Greystone’s Real Estate Advisors team has arranged the sale of Nazareth Living Care Center, a skilled nursing facility in El Paso.
CBRE Arranges Sale of, Acquisition Financing for 85-Unit Community in Colorado
LITTLETON, Colo. — CBRE has arranged the sale of MorningStar of Littleton, an 85-unit assisted living and memory care community in the Denver suburb of Littleton.
Monticello Provides $45.3M Financing for Three-Property Portfolio in New York
NESCONSET, N.Y. — Monticello Asset Management has provided $45.3 million in bridge-to-HUD financing to Nesconset Property NY LLC.
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 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.
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