• 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…