The SHB Interview: Cindy Baier CEO, Brookdale
New head honcho at the country’s largest owner-operator New head honcho at the country’s largest owner-operator is determined to right the ship.
- Published in Industry Voices
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…
HJ Sims Arranges $60.6M in Financing for CCRC Expansion in Kansas
OVERLAND PARK, Kan. — HJ Sims has arranged $60.6 million in financing for the expansion and renovations of Village Shalom, a continuing care retirement community (CCRC) in the Kansas City…
Ziegler Closes $44.8M Bond Financing for 236-Unit Community in Seattle
SEATTLE — Ziegler, a specialty investment bank, has arranged $44.8 million in bond financing for The Hearthstone Corp. The bonds will fund an expansion at the company’s continuing care retirement…
Charter Names Karen Bowles as Executive Director of 83-Unit Community in Georgia
EVANS, Ga. —Charter Senior Living has named Karen Bowles as executive director of Camellia Walk, an 83-unit community in the Augusta suburb of Evans.
Welltower, Brandywine Move 27-Property Portfolio to RIDEA Lease Structure
TOLEDO, Ohio, and MOUNT LAUREL, N.J. — Toledo-based healthcare REIT giant Welltower (NYSE: WELL) and Mount Laurel-based operator Brandywine Living have announced the conversion of the companies’ master lease from…
Lancaster Pollard Arranges $400M Refinancing for Plum Healthcare Skilled Nursing Portfolio in California
SAN MARCOS, Calif. — Lancaster Pollard has arranged $400 million in financing for Plum Healthcare Group, a San Marcos-based skilled nursing operator.
Bellwether Enterprise Receives Seniors Housing Fannie Mae Lender Designation
CLEVELAND — Bellwether Enterprise Real Estate Capital LLC, the Cleveland-based commercial and multifamily mortgage-banking subsidiary of Enterprise Community Investment Inc., has been approved as a seniors housing lender for Fannie…
Love Funding Promotes Jonathan Camps to President
WASHINGTON, D.C. — Midland States Bank has promoted Jonathan Camps to president of its Love Funding subsidiary. Headquartered in Washington, D.C., Love Funding is one of the largest commercial FHA…
Watercrest Senior Living Opens 64-Unit Memory Care Community in Florida
PALM COAST, Fla. — Watercrest Senior Living has opened its newest Market Street Memory Care Residence in Palm Coast, approximately midway between Jacksonville and Orlando.
Capital One Provides $36.6M Acquisition Loan for Three Properties in Ohio
BETHESDA, Md. — Capital One, a Bethesda-based lender, has provided a $36.6 million loan for the acquisition of three seniors housing communities in Ohio.
Lancaster Pollard Arranges $12.2M HUD Loan for Seven-Community Portfolio in Idaho
COLUMBUS, Ohio — Lancaster Pollard, a Columbus-based broker, has arranged $12.2 million in HUD financing for the acquisition of seven assisted living and memory care communities in Idaho.
Greystone Arranges $17M Sale of Two Memory Care Communities in New York State
CLIFTON PARK and ORCHARD PARK, N.Y. — Greystone has arranged the $17 million sale of two memory care communities in New York, totaling 46 units.
Hunt Mortgage Hires Patrick McFarland as Managing Director
NEW YORK CITY — Hunt Mortgage Group, a New York-based lender, has hired Patrick McFarland as a managing director.
Áegis Living Opens 82-Unit, Italian-Inspired Community in Seattle
SEATTLE — Áegis Living has opened the doors on Áegis at Ravenna, an assisted living and memory care community in Seattle's Maple Leaf neighborhood.
Welltower, ProMedica Complete $4.4B Acquisition of QCP
TOLEDO, Ohio — A joint venture between Toledo-based healthcare REIT giant Welltower (NYSE: WELL) and nonprofit healthcare operator ProMedica Health System has completed its previously announced acquisition of Quality Care…
Senior Lifestyle Corp. Breaks Ground on 71-Unit Community Newtown, Connecticut
NEWTOWN, Conn. — Senior Lifestyle Corp. has broken ground on Church Hill Village, a 71-unit assisted living and memory care community in Newtown, located approximately midway between New York City…
Rochester Management Plans Modernization of Affordable Seniors Housing Community in Rochester, New York
ROCHESTER, N.Y. — The Rochester City Council has approved the renovation plans for Cobbs Hill Village, an affordable seniors housing community in the Western New York city of Rochester.
Koelsch Communities Promotes Two to New Executive Positions
OLYMPIA, Wash. — Olympia-based owner-operator Koelsch Communities has promoted Cyndie Bryant from senior vice president to executive vice president, and Eva Arant from regional director of operations to Bryant’s former…
Blueprint Brokers Sale of 50-Unit Community in Ohio
BOARDMAN, Ohio — Blueprint Healthcare Real Estate Advisors has brokered the sale of Commons at Greenbriar, a 50-unit assisted living community located in the Youngstown suburb of Boardman.
Capital One Arranges $242.7M Financing for 18-Property Recapitalization
SEATTLE — Capital One has acted as lead arranger, bookrunner and administrative agent on a $242.7 million senior secured term loan for a joint venture managed by Seattle-based alternative investment…
Harborview Provides $196M HUD Refinancing for 13-Property Portfolio on West Coast
LAWRENCE, N.Y. — Harborview Capital Partners, a Lawrence-based commercial real estate finance, equity and advisory firm, has arranged $196 million in HUD financing for a regional operator on the West…
K4Connect Hires Voice, AI Expert Kuldip Pabla as Senior Vice President of Engineering
RALEIGH, N.C. — K4Connect, a Raleigh-based technology company focused on seniors and seniors housing, has hired Kuldip Pabla as senior vice president of engineering.
Ryan Cos., Great Lakes Management Plan 138-Unit Community in Minnesota
ST. CLOUD, Minn. — Ryan Cos. US, Inc. and Great Lakes Management have announced plans for a 138-unit independent living, assisted living and memory care community in St. Cloud, approximately 65…
Dougherty Mortgage Provides $2.1M Acquisition Loan for Affordable Community in Mississippi
JACKSON, Miss. — Dougherty Mortgage has provided a $2.1 million Fannie Mae loan for the acquisition of Meadow Ridge Senior Apartments in Jackson.
West Health's Bill Earley Appointed to California Commission on Aging
SAN DIEGO — Bill Earley, the chief administrative officer and general counsel at West Health, has been appointed to the California Commission on Aging by the state’s Senate Rules Committee.
Wave of Diversity Heading Toward Seniors Housing, Says Love & Co. Report
FREDERICK, Md. — As the baby boomer generation hits retirement, operators should plan for a new era of diversity in seniors housing, according to a report from Frederick-based marketing firm…
Cohen Financial Provides $4.1M HUD Financing for Community in Alma, Michigan
ALMA, Mich. — Cohen Financial, a division of SunTrust Bank, has provided a $4.1 million loan for Arbor Grove Assisted Living, a seniors housing community in the Central Michigan city…
Ziegler Hires Christopher Utz to Lead Senior Living Lending Team
NEW YORK CITY — Ziegler, a Chicago-based specialty investment bank, has hired Christopher Utz as a director to its corporate finance team specializing in proprietary senior living.
J.D. Power Introduces Seniors Housing Certification Program
COSTA MESA, Calif. — J.D. Power, a Costa Mesa-based consumer insights, advisory services and data and analytics firm, has launched the J.D. Power Senior Living Community Certification Program.
Pennrose Hires Christine Robertson as Developer in Mid-Atlantic Region
BALTIMORE — Pennrose has hired Christine Robertson to the company’s Baltimore office as a developer serving the Mid-Atlantic region. In her role, Robertson will focus on growing Pennrose’s Virginia portfolio.
Omega Cancels Restructuring Agreement with Skilled Nursing Operator Orianna
HUNT VALLEY, Md. — Omega Healthcare Investors Inc. (NYSE: OHI), a Maryland-based healthcare REIT and owner of a large seniors housing portfolio, has canceled its restructuring agreement with Orianna Health…
Monticello Provides $40M Acquisition Financing for Skilled Nursing Portfolio in Ohio
OHIO — Monticello Asset Management LLC has provided a total of $40 million in financing to Maui Sunset LLC, which will use the funds to purchase a portfolio of skilled…
CareTrust Acquires 99-Bed Skilled Nursing Facility in South Dakota for $9.7M
ABERDEEN, S.D. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired a 99-bed skilled nursing facility in Aberdeen for $9.7 million.
Harbor Retirement Associates Completes $4M Renovation Project at Communities Near Miami
CORAL SPRINGS and TAMARAC, Fla. — Harbor Retirement Associates has completed a combined $4 million remodel on two of its existing communities, HarborChase of Tamarac and HarborChase of Coral Springs.
STCC Provides $11.2M Financing for Two Redevelopment Projects in Richmond
RICHMOND, VA. — SunTrust Community Capital (STCC) has provided $11.2 million in financing for two redevelopment projects in Richmond’s historic Jackson Ward neighborhood.
Presbyterian Senior Living Completes $10M Expansion at CCRC in Pennsylvania
PHILIPSBURG, Pa. — Presbyterian Senior Living has completed a $10 million expansion at Windy Hill Village, a continuing care retirement community in the Central Pennsylvania borough of Philipsburg.
Mission Senior Living Starts Construction of $8M Community in Nevada
MESQUITE, Nev. — Mission Senior Living has started construction of Mesa Valley Estates Assisted Living and Memory Care, an $8 million seniors housing community in Mesquite, near the Arizona border.
Carnegie Capital Secures $10M Loan for Acquisition of Two Skilled Nursing Facilities in Georgia
MACON and WARNER ROBINS, Ga. — Texas-based Carnegie Capital has arranged $10 million in financing for the acquisition of skilled nursing facilities in Macon and Warner Robins, both located southeast…
Lancaster Pollard Arranges $6.9M Refinancing for Community in Kansas
SHAWNEE, Kan. — Lancaster Pollard has arranges a $6.9 million loan to refinance Shawnee Heartland, a 48-bed assisted living community in the Kansas City suburb of Shawnee.
Columbia Pacific Advisors to Acquire Owner-Operator Hawthorn Retirement Group
SEATTLE — Columbia Pacific Advisors, a Seattle-based investment firm, has agreed to acquire Vancouver, Wash.-based seniors housing owner-operator Hawthorn Retirement Group for an undisclosed price.
Big Rock, Kiawah Partners to Develop $125M Community Near Charleston, South Carolina
KIAWAH ISLAND, S.C. — Big Rock Partners, in a joint venture with Kiawah Partners, has unveiled plans to develop a $125 million seniors housing community on Kiawah Island, a barrier…
Capital One Provides $47.2M HUD Refinancing for Three Skilled Nursing Facilities in Massachusetts
CHELSEA, FALL RIVER and BROCKTON, Mass. — Capital One has provided $47.2 million to refinance a portfolio of skilled nursing facilities in Massachusetts.
Five Star Senior Living Completes Renovation Project on Community in Columbus, Ohio
COLUMBUS, Ohio — Five Star Senior Living Inc. (NASDAQ: FVE) has completed renovations at The Forum at Knightsbridge, an independent living, assisted living and memory care community in Columbus.
Solutions Advisors Group Appoints Three Senior Staff
ST. PETERSBURG, Fla., RICHMOND, Va., and PRINCETON, N.J. — Solutions Advisers Group, its management arm Solvere Senior Living and consulting and advertising partner Solutions Advisors have appointed three new senior…
Live Oak Bank Provides $2.2M Acquisition Financing for Boutique Community Near Seattle
SEATTLE — Live Oak Bank has provided a $2.2 million loan for the acquisition of an assisted living community in a northern suburb of Seattle.
Kisco Completes $35M Expansion at CCRC in Palm Beach Gardens, Florida
PALM BEACH GARDENS, Fla. — Kisco Senior Living has completed a $35 million expansion of La Posada, its 22-acre continuing care retirement community (CCRC) in Palm Beach Gardens.
Blueprint Negotiates Sale of 172-Unit Community Near Cleveland for $13.5M
SHAKER HEIGHTS, Ohio — Blueprint Healthcare Real Estate Advisors has brokered the sale of Shaker Gardens, a 172-unit assisted living and skilled nursing facility in Shaker Heights.
Live Oak Bank Provides $9.5M Financing for Assisted Living Community Near Atlanta
CARTERSVILLE, Ga. — Live Oak Bank has provided $9.5 million in financing for a new assisted living community in the northwestern Atlanta suburb of Cartersville.
Los Angeles Jewish Home Names Andrew Berman as Board Chair
RESEDA, Calif. — Los Angeles Jewish Home has appointed Andrew Berman, an entertainment industry veteran with over 35 years of experience in global sales, marketing, and content acquisition, to a…
LCS Acquires 299-Unit CCRC in New Jersey
BRIDGEWATER, N.J. — LCS has acquired Arbor Glen, a continuing care retirement community (CCRC) in Bridgewater, for an undisclosed price.
Hunt Mortgage Group Expands Seniors Housing Team with Three Hires
NEW YORK CITY — Hunt Mortgage Group has continued the expansion of its seniors housing and healthcare team with the addition of three new executives. All three will focus on…
Tradition Senior Living Breaks Ground on 23-Story High-Rise in Houston
HOUSTON — Tradition Senior Living has broken ground on The Tradition-Woodway, a 23-story independent living, assisted living and memory care community in Houston.
Watercrest, Titan Plan 107-Unit Assisted Living Community Near Orlando
WINTER PARK, Fla. — Watercrest Senior Living Group and Titan Development Real Estate Fund I have announced plans for Watercrest Winter Park Assisted Living and Memory Care in the Orlando…
Cadence Senior Living Hires Holly Springs-McMurry as Director of Operations
SCOTTSDALE, Ariz. — Cadence Senior Living has hired Holly Springs-McMurry as director of operations and community integration.
Occupancy Hits Eight-Year Low as New Supply Continues to Outpace Demand
ANNAPOLIS, Md. — Average occupancy for seniors housing properties throughout the United States has fallen to 87.9 percent in the second quarter of 2018, according to the National Investment Center…
Monticello Provides $9.9M Financing for Acquisition of Skilled Nursing Portfolio in Kentucky
KENTUCKY — Monticello Asset Management has funded $8.4 million in first lien debt financing and $1.5 million in working capital to Healthcare Management KY LLC.
American House Promotes Sean Dimas to Vice President of Operations
SOUTHFIELD, Mich. — American House Senior Living Communities, a Southfield-based operator, has promoted Sean Dimas to vice president of operations for the senior living organization’s Florida region.
National Council of Certified Dementia Practitioners Appoints Rhonda Brand as President
SPARTA, N.J. — The National Council of Certified Dementia Practitioners (NCCDP) has appointed Rhonda Brand as its new president.
Al Fritts Named Executive Director of Community in Colorado
MONUMENT, Colo. — Jackson Creek Senior Living, a newly opened seniors housing community in the Colorado Springs suburb of Monument, has named Al Fritts as its executive director. He will…
CBRE Arranges $48M Refinancing for Community Near Detroit
PLYMOUTH, Mich. — CBRE has arranged a $48 million refinancing for Cedarbrook of Northville, a 201-unit independent living, assisted living and memory care community in Plymouth, about 25 miles west…
Dwight Capital Provides $30.5M Acquisition Financing for Three-Property Memory Care Portfolio in Southeast
SCOTTSDALE, Ariz. — Dwight Bridge Fund, which Dwight Capital’s affiliated investment advisor manages, has provided $30.5 million in bridge financing for Avenir Senior Living, a Scottsdale-based owner-operator.
Thorofare Funds $13M Loan for Converted Seniors Housing Community in Phoenix
PHOENIX — Thorofare Capital has funded a $13 million bridge loan to refinance and renovate Park Terrace, a 277-unit assisted living and independent living community in North Phoenix.
Healthcare Transactions Group Brokers Sale of VMT Long-Term Care Management
WASHINGTON, D.C. — Healthcare Transactions Group has arranged the sale of VMT Long-Term Care Management Inc., a D.C.-based provider of health services, for an undisclosed price.
It's Never 2 Late Appoints Lisa Taylor as New CEO
DENVER — It's Never 2 Late, a Denver-based software provider for the seniors housing industry, has appointed Lisa Taylor as its new CEO.
Pennrose, Jewish Federation Start Construction of 160-Unit Affordable Community Near Philadelphia
CHERRY HILL, N.J. — Pennrose, a multifamily developer and operator, and the Jewish Federation of Southern New Jersey have broken ground on The Commons at Springdale, an affordable seniors housing…
Radiant Acquires 64-Unit Community in Idaho, Plans Expansion
COEUR D’ALENE, Idaho — Radiant Senior Living has acquired The Renaissance, a 64-unit assisted living and memory care community in Coeur d’Alene, approximately 30 miles east of Spokane, Wash.
Wolff Buys Plot Near Phoenix for Active Adult Development
SCOTTSDALE, Ariz. — The Wolff Company, a Scottsdale-based private equity firm and developer, has purchased property in its hometown for construction of an active adult community.
Kendal Names James Antonucci Jr. as Executive Director of CCRC in Upstate New York
SLEEPY HOLLOW, N.Y. — Kendal Corp. has hired James Antonucci Jr. as the new executive director for Kendal on Hudson, a 220-unit continuing care retirement community (CCRC) located approximately 30…
OZ Architecture Designs 48-Unit Community in Grand Junction, Colorado
GRAND JUNCTION, Colo. — OZ Architecture has completed design of The Lodge at Grand Junction, a 48-unit assisted living and memory care community in Grand Junction, located in the western…
ESI Arranges $7M Sale of Skilled Nursing Facility in North Carolina
GASTONIA, N.C. — Evans Senior Investments (ESI) has arranged the sale of Gastonia Care and Rehab, a 118-bed skilled nursing facility in the Charlotte suburb of Gastonia.
29th Street Capital Expands to Seniors Housing, Hires Erik Kolacinski to Lead New Group
ATLANTA — 29thStreet Capital, a privately-held real estate investment and advisory firm based in Atlanta that focuses on value-add opportunities, has announced its plans to expand its services to the…
SLIB Negotiates $2.1M Sale of Two Skilled Nursing Facilities in Texas
GRAND SALINE and ATHENS, Texas — Senior Living Investment Brokerage Inc. has arranged the sale of two skilled nursing facilities southeast of Dallas for $2.1 million.
Benchmark Hires Patrick Hardy as Executive Director for Community Near Boston
NORWOOD, Mass. — Benchmark has hired Patrick Hardy as the new executive director at Benchmark Senior Living on Clapboardtree in Norwood, a suburb of Boston.
Hunt Mortgage Provides $20M Refinancing for Affordable Property Near Los Angeles
MONTEBELLO, Calif. — Hunt Mortgage Group has provided $20 million in refinancing for Beverly Towers, an affordable seniors housing property in the Los Angeles suburb of Montebello.
Sabra Sells 10 Communities for $88.4M
IRVINE, Calif. — Sabra Health Care REIT (NASDAQ: SBRA) has completed the previously announced sale of nine facilities leased to Genesis Healthcare for $81.4 million, and one leased to Signature…
Blueprint Negotiates Sale of Four Land Plots in California for $14.7M
LINCOLN, Calif. — Blueprint Healthcare Real Estate Advisors has brokered the sale of four plots of land in California totaling 21 acres for $14.7 million, with the buyers planning to…
Anthem Memory Care Names New Executive Directors in Illinois, Kansas
BURR RIDGE, Ill., and WICHITA, Kan. — Anthem Memory Care, an Oregon-based memory care provider, has announced new executive directors at two of its communities.
Ari Grinspan, Joe Farkas Take Over Management of Community in Upstate New York
HERKIMER, N.Y. — A company led by Ari Grinspan and Joe Farkas has taken over management of Foltsbrook Center for Nursing & Rehabilitation, a community offering rehabilitation, outpatient services, adult…
KeyBank Provides $67.2M HUD Financing for Skilled Nursing Portfolio in West Virginia
MARMET, SISSONVILLE and PARKERSBURG, W.V. — KeyBank Real Estate Capital has provided a total of $67.2 million in financing for a three-property skilled nursing portfolio in West Virginia.
Capitol Seniors Housing Buys 85-Unit Community in New Jersey, Plans Expansion
CINNAMINSON TOWNSHIP, N.J. — Capitol Seniors Housing has acquired Siena, an upscale active adult community in Cinnaminson Township, located across the Delaware River from Philadelphia. The price was not disclosed.
Kendal COO Judith Braun Retires
KENNETT SQUARE, Pa. — Judy Braun, chief operating officer of Kennett Square-based operator The Kendal Corp., has retired after 17 years in the position. The nonprofit company’s portfolio includes 13…
Griffin-American Acquires Assisted Living Facility for $19.5M in Beaumont, Texas
BEAUMONT, Texas — American Healthcare Investors LLC and Griffin Capital Company LLC, the co-sponsors of Griffin-American Healthcare REIT IV Inc., have acquired Pelican Bay, an assisted living facility located in…
Contemporary Healthcare Capital Provides Mezzanine Loan to Refinance 43-Bed Memory Care Community in Washington
PORT ANGELES, Wash. — Contemporary Healthcare Capital (CHC) has provided $975,000 in mezzanine financing to refinance a 28-unit, 43-bed memory care community.
Smart Seniors Housing Developers Know How to Utilize Market Studies
CHICAGO — What are the limitations of a market study? In light of overbuilding concerns in some major metros, it’s a salient question.
Blueprint Arranges Sale of Four Skilled Nursing Facilities in New Jersey
NEW JERSEY — Blueprint Healthcare Real Estate Advisors has arranged the sale of “The Jersey Four,” a four-property skilled nursing portfolio along the New Jersey coast.
Wegman Cos., Columbia Pacific Acquire Senior Living Campus in Western New York, Lease to Leisure Care
ROCHESTER, N.Y. — Through a strategic alignment with Rochester Regional Health and a partnership with Columbia Pacific Advisors, Wegman Cos. Inc. has acquired a two-property senior living campus in Rochester.
Benchmark Hires Bobbi Miller as Regional Director of Operations
WALTHAM, Mass. — Benchmark, a Waltham-based owner-operator, has hired Bobbi Miller as regional director of operations. She will oversee operations of the company’s seven communities throughout Massachusetts.
SLIB Brokers $71M Sale of Five-Property Portfolio in Florida
CHICAGO — Senior Living Investment Brokerage, a Chicago-based brokerage firm, has arranged the sale of five assisted living and memory care communities in Florida for $71 million.
KFA Breaks Ground on 70-Unit Affordable Community in Los Angeles
LOS ANGELES — KFA, a Santa Monica-based architecture firm, has started construction of The Curve @ West Angeles Senior Apartments, an affordable community in the Park Mesa Heights neighborhood of…
Real Estate Roundtable Elects Ventas CEO Deb Cafaro as Chair
WASHINGTON, D.C. — The Real Estate Roundtable (RER), a public policy organization that represents the interests of the real estate industry, has selected Debra Cafaro as its chair.
Balfour Senior Living Adds Phill Barklow, Sara Thom to Senior Leadership Team
LOUISVILLE, Colo. — Balfour Senior Living, an owner-operator based in the Denver suburb of Louisville, has hired Phill Barklow as chief operating officer and Sara Thom as vice president of…
Walker & Dunlop Provides $40M HUD Refinancing for 513-Bed Portfolio
BETHESDA, Md. — Walker & Dunlop Inc., a Bethesda-based financial services firm, has provided five HUD loans totaling $40.1 million to refinance a skilled nursing, assisted living and memory care…
Blueprint Negotiates Sale of Eight-Property Skilled Nursing Portfolio in Southeast Pennsylvania
PHILADELPHIA — Blueprint Healthcare Real Estate Advisors has brokered the sale of the Lightning Portfolio, eight skilled nursing facilities in the Philadelphia metro area.
Hunt Capital Partners Closes $9.7M LIHTC Financing for Development in Texas
ULVADE, Texas — Hunt Capital Partners has closed $9.7 million in low-income housing tax credit (LIHTC) equity financing for the development of Monarch Estates, an affordable seniors housing community in…
Benchmark Re-Hires Jennifer LaCroix as Executive Director of Community in Worcester, Massachusetts
WORCESTER, Mass. — Benchmark has appointed Jennifer LaCroix as executive director of Tatnuck Park at Worcester, an assisted living and memory care community in Worcester. LaCroix previously held the position…
Brightview Opens 165-Unit Community in Maryland
ANNAPOLIS, Md. — Brightview Senior Living has opened the doors on Brightview Annapolis, a 165-unit seniors housing community in Annapolis.
MorningStar, Confluent Start Construction of 88-Unit Community in Oregon
HAPPY VALLEY, Ore. — Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on MorningStar of Happy Valley in the Portland suburb of Happy Valley.
Greystone Provides $14.6M HUD Loan for Skilled Nursing Facility
TARRYTOWN, N.Y. — Greystone, a real estate lending, investment and advisory company, has provided a $14.6 million HUD loan for Tarrytown Hall Care Center, a skilled nursing facility in Tarrytown.
Lancaster Pollard Arranges Refinancing for Community Near Indianapolis
GREENWOOD, Ind. — Lancaster Pollard has provided a HUD loan of an undisclosed total to refinance Aspen Trace, a seniors housing community in the Indianapolis suburb of Greenwood.
Welltower Ends Brookdale JV, Enters New RIDEA Agreement with Pegasus
TOLEDO, Ohio — Seniors housing REIT giant Welltower (NYSE: WELL) has announced a restructuring of its agreements with Brookdale (NYSE: BKD), the largest owner-operator of seniors housing in the country.
Masonic Homes Rebrands as Masonic Communities Kentucky, Nears Completion of $95M in New Construction
LOUISVILLE, Ky. — Masonic Homes, a Louisville-based nonprofit owner-operator, has rebranded as Masonic Communities Kentucky.
Greystone Closes $750M Real Estate Debt Fund
NEW YORK CITY — Greystone, a New York-based real estate lending, investment and advisory company, has closed the $750 million Greystone Senior Debt Opportunity Fund.
Contemporary Healthcare Capital Provides $1.5M Mezzanine Loan for Skilled Nursing Acquisition in Connecticut
WINDHAM, Conn. — Contemporary Healthcare Capital has provided a $1.5 million mezzanine loan, part of a $6.2 million total acquisition financing for a skilled nursing facility in Windham.
Alliance Residential Launches Active Adult Brand, Breaks Ground on Community Near Seattle
TUKWILA, Wash. — Alliance Residential Co., one of the largest multifamily developers and managers in the country, has broken ground on Marvelle at Southcenter, an active adult community in the…
Solvere to Operate $21M Community Under Development in Fredericksburg, Texas
FREDERICKSBURG, Texas — Solvere Senior Living has been selected to operate Villages of Windcrest, an assisted living and memory care community currently under construction in Fredericksburg, approximately 75 miles west…
Berkadia Adds Two to Seniors Housing Finance Team
NEW YORK CITY — Berkadia, a New York-based financial services firm, has hired Brittany Robinson as senior director and Brooks Minford as associate director for the company’s Seniors Housing …
Carolinas HealthCare System Hires Chris Romick as Executive Director for CCRC in North Carolina
MORGANTON, N.C. — Carolinas HealthCare System Blue Ridge has hired Chris Romick as executive director of Grace Ridge Retirement Community, a continuing care retirement community in Morganton.
Ryan Cos., Grand Living Plan Two New Communities in Texas
GEORGETOWN and SUGAR LAND, Texas — Ryan Cos. US Inc. and Grand Living have unveiled plans for two new seniors housing communities, one in the Austin suburb of Georgetown and…
Blueprint Negotiates Lease of 11-Property Skilled Nursing Portfolio in Missouri
ST. LOUIS and KANSAS CITY, Mo. — Blueprint Healthcare Real Estate Advisors has negotiated the lease of 11 skilled nursing facilities in the St. Louis and Kansas City metros.
HHC Finance Arranges HUD Refinancing for 97-Bed Skilled Nursing Facility in Eastern Pennsylvania
EASTON, Pa. — Housing & Healthcare Finance (HHC Finance) has arranged a HUD loan of an undisclosed size to refinance New Eastwood Healthcare & Rehabilitation Center, a 97-bed skilled nursing…
Capitol Seniors Housing Opens $25M Community in New Jersey
NORWOOD, N.J. — Capitol Seniors Housing, a senior living investment and development firm, has opened Atria Norwood, an 83-unit assisted living and memory care community.
Lancaster Pollard Arranges $11.7M Refinancing for Community in Minnesota
ST. MICHAEL, Minn. — Lancaster Pollard has arranged a $11.7 million refinancing for The Legacy of St. Michael, a 95-unit independent living, assisted living and memory care community in the…
Kaufman Lynn Opens Southwest Florida Office, Promotes Daniel Root to Lead
ESTERO, Fla. — Full-service construction firm Kaufman Lynn Construction has opened a new office in Estero to lead the company’s projects in Southwest Florida. Concurrent with the opening, Daniel Root…
Capital One Provides $65M Recapitalization for Two Holiday Communities
AUSTIN, Texas, and CINCINNATI — Capital One has provided a $65 million loan to Holiday Retirement to recapitalize two of its seniors housing communities.
Ryan Cos., Grand Living Open 170-Unit Community in Iowa
CORALVILLE, Iowa — Ryan Cos. US and Grand Living have opened the doors on Grand Living at Bridgewater, a 170-unit seniors housing community in Coralville, a suburb of Iowa City.
LeadingAge California Selects Los Angeles Jewish Home CEO Molly Forrest as Chair
SACRAMENTO, Calif. — LeadingAge California, a Sacramento-based chapter of the national seniors housing advocacy group, has selected Molly Forrest as its new chair. Her two-year term begins July 1.
Berkadia Adds Laura Saull Smith to HUD Team
WASHINGTON, D.C. — Berkadia has added Laura Saull Smith to its HUD loan origination team. Smith will work from the company’s Washington, D.C. office.
McShane Completes Construction of 79-Unit Affordable Community Near Atlanta
CHAMBLEE, Ga. — McShane Construction Co. has completed construction of Senior Residences at Mercy Park, a 79-unit affordable independent living community in the Atlanta suburb of Chamblee.
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.
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