WESTMINSTER, Colo. — LTC Properties, Inc. (NYSE:LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, and Anthem Memory Care have opened a new 60-unit memory care community located in Westminster, Colo., near Denver.
BRENTWOOD, Tenn. — Brookdale Senior Living has appointed an expert to broaden its cognitive fitness programs. Dr. Paul Nussbaum, a board-certified psychologist specializing in neuropsychology, was named the company's national director of brain health. Brookdale, which operates over 1,000 seniors living communities in 46 states, is America's largest provider of Alzheimer's and dementia care.
PROSPER, Texas — Dallas-based Tribute Senior Living will begin construction this spring on an advanced memory care and seniors living community at the corner of Preston Road and Broadway in Prosper, Texas. Upon completion in 2016, the 60,000-square-foot community will be home to 100 residents.
KENSINGTON, Md. — Prudential Mortgage Capital Company, the commercial mortgage lending business of Prudential Financial, Inc. (NYSE: PRU), has provided a $41 million loan to Fountain Square Properties to refinance Kensington Park, a Class A independent, assisted and memory care community located in Kensington, Md.
FORT PIERCE, Fla. — MidCap Financial, a specialty finance firm focused on the middle market in North America and Europe, has closed an $18.25 million term loan with Capital Health Group, LLC.
LANHAM, Md. — Avison Young has sold Residence on Greenbelt, an 89-unit assisted living and memory care community located at 9885 Greenbelt Road in Lanham, Md., for $18 million.
ST. AUGUSTINE, Fla. — Capital Health Group, LLC and Fortress Ventures, LLC have formed a joint venture to develop a 64-bed, market-rate memory care community on 9 acres of land located at 840 State Road 16 in St. Augustine. The land was purchased by the venture in December and the new facility is scheduled to open in the second quarter of 2016.
TUSCON, Ariz. — Berkeley Point recently closed the refinancing of Copper Canyon Alzheimer’s Special Care Center, a 66-bed Alzheimer’s care community located in Tucson, Ariz. The cash-out refinancing was structured as a fixed-rate Fannie Mae 10- year loan term with a period of interest only.
DALLAS — A joint venture between MedProperties Holdings LLC and The LaSalle Group Inc. is developing four memory care communities in Overland Park, Kan.; Alpharetta, Ga.; Greenville, S.C.; and Estero, Fla.
OMAHA, Neb. —Heritage Communities of Omaha, Neb., in partnership with Telis Commercial Real Estate of Phoenix, has closed on land located on 67th Avenue just north of Bell Road in Glendale, Ariz.
LITTLETON, Colo. — CBRE has arranged the sale of MorningStar of Littleton, an 85-unit assisted living and memory care community in the Denver suburb of Littleton.
NESCONSET, N.Y. — Monticello Asset Management has provided $45.3 million in bridge-to-HUD financing to Nesconset Property NY LLC.
RIVERVIEW, Fla. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged a $14.9 million refinancing for Crossings at Riverview, a 92-unit seniors housing community in the Tampa suburb of Riverview.
BOCA RATON, Fla. — LCS Development, an LCS Company, has been selected to develop and market the $125 million expansion of the Toby & Leon Cooperman Sinai Residences of Boca Raton.
ORLAND PARK, ILL. — Pathway to Living and Caddis Healthcare Real Estate have opened Heartis Village of Orland Park, a 96-unit assisted living and memory care community.
EDWARDSVILLE, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the sale of University Nursing and Rehabilitation Center and Edwardsville Nursing and Rehabilitation, both located in Edwardsville, for $5.5 million.
CALABASAS, Calif. — Recent changes to the U.S. tax code have made homeownership less advantageous to taxpayers, which could spur more seniors to sell their homes in favor of seniors housing communities, according to a research report by Marcus & Millichap.
PHOENIX — BridgeWater Assisted Living has opened BridgeWater Assisted Living Midtown, a 140-unit affordable seniors housing community in Phoenix.
EDWARDSVILLE, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the sale of University Nursing and Rehabilitation Center and Edwardsville Nursing and Rehabilitation, both located in Edwardsville, for $5.5 million.
CALABASAS, Calif. — Recent changes to the U.S. tax code have made homeownership less advantageous to taxpayers, which could spur more seniors to sell their homes in favor of seniors…
PHOENIX — BridgeWater Assisted Living has opened BridgeWater Assisted Living Midtown, a 140-unit affordable seniors housing community in Phoenix.
SALINA, Kan. — Blueprint Healthcare Real Estate Advisors ha arranged the sale of Kenwood View Health and Rehabilitation Center, an 82-bed skilled nursing facility in Salina, approximately 175 miles west…
HOUSTON — Developer and operator Senior Quality Lifestyles Corp. (SQLC) has opened a 183-unit expansion at The Buckingham, a continuing care retirement community in Houston.
UPPER MARLBORO, Md., and WHARTON, N.J. — Avanath Capital Management has acquired two seniors housing communities totaling 211 units for $23.8 million.
WALTHAM, Mass. — Benchmark Senior Living, a Waltham-based owner-operator, has hired Jerry Kemper as senior vice president and chief financial officer.
LIVERPOOL, N.Y. — Chicago Pacific Founders (CPF) has acquired of Parkrose Estates, a 100-unit independent living community in the Syracuse suburb of Liverpool, for an undisclosed price.
CLOVERDALE, Calif. — Walker & Dunlop Inc. has provided $10 million in HUD financing for the construction of Vine Ridge, a 51-unit assisted living community in the Sonoma County city…
FOX LAKE, Ill. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Paradise Park Assisted Living and Memory Care, a 64-unit community in the Chicago suburb of Fox…
HOUSTON — CBRE has arranged $59 million in construction financing for The Village of Southampton, a 17-story seniors housing community in Houston.
CARY, N.C. — Cushman & Wakefield Senior Housing Capital Markets Group has arranged the sale of Woodland Terrace, a 176-unit independent living, assisted living and memory care in Cary.
HERMITAGE, Tenn. — Charter Senior Living has named Roger Peden II as executive director of Charter Senior Living of Hermitage, and independent living, assisted living and memory care community in…
ANNAPOLIS, Md. — Overall seniors housing occupancy hit a six-year low of 88.3 percent during the first quarter of 2018, with assisted living reaching an all-time low of 85.7 percent…
KING OF PRUSSIA, Pa. — The Bozzuto Group has completed the development of Canvas Valley Forge, a 231-unit active adult community in the Philadelphia suburb of King of Prussia.
NEW PORT RICHEY, Fla. — NorthMarq Capital has arranged an $11 million refinancing for Villas at Hunter’s Ridge, a 221-unit age-restricted community in the Tampa suburb of New Port Richey.
NAPERVIELLE, Ill. — Capitol Seniors Housing has opened Arbor Terrace Naperville, 95-unit assisted living and memory care community in Naperville, a western suburb of Chicago.
KINGWOOD, Texas — Integrated Property Management has announced expansion plans for Watercrest at Kingwood, an independent living community in Kingwood, a master-planned community just north of Houston.
FORT MILL, S.C. — Frampton Construction Co. has broken ground on The Blake at Baxter Village, an independent living, assisted living and memory care community located in Fort Mill, just…
JACKSONVILLE, Fla. — KeyBank Real Estate Capital has provided $28 million in financing for the acquisition of Camellia at Deerwood, a 185-unit seniors housing community in Jacksonville.
WYNDMOOR, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Chestnut Hill Lodge Health and Rehabilitation Center, a 181-bed skilled nursing facility in the Philadelphia suburb of…
CHICAGO — Succession plans may play a crucial role in the future of senior living, as more than 70 percent of nonprofit CEOs will likely retire within the next 10…
BRANDON, Fla. — Solvere Senior Living has opened Tessera of Brandon, a 107,000-square-foot assisted living and memory care community in the Tampa suburb of Brandon.
NAPLES, Fla. — Watercrest Senior Living Group and United Properties have broken ground on Watercrest Naples Assisted Living and Memory Care in Naples, located along the Gulf Coast in South…
NORTH RICHLAND HILLS, Texas — Love Funding has arranged a $14.4 million HUD loan to refinance Villas on Bear Creek, an age-restricted, affordable housing community in North Richland Hills.
WEST ALLIS, Wis. — MSP Real Estate, a seniors housing developer the parent company of West Allis-based operator Heritage Senior Living, has hired Lars Johnson as the CFO of both…
BEAUMONT, Texas — Chicago Pacific Founders (CPF) has acquired Atria Collier Park, a 159-unit seniors housing community in Beaumont, located east of Houston near the Louisiana border.
CLEVELAND — Senior Living Investment Brokerage has arranged the sale of Larchwood Village and West Park Commons, a 165-bed skilled nursing and assisted living facility in Cleveland, for $11 million.
ATLANTA — The Arbor Company has hired Michelle Hamilton as its new senior vice president of operations.
EVERETT, Wash. — Evans Senior Investments (ESI) has arranged the sale of Garden Court Retirement Community, a 148-unit independent living and assisted living community in Everett.
LITTLETON, Colo. — Zocalo Community Development is preparing to open Vita, a 159-unit active adult community in the Denver suburb of Littleton.
ATLANTA — Cushman & Wakefield has arranged the sale of a 93-unit assisted living and memory care community in metro Atlanta.
ALEXANDRIA, Va. — Argentum has named John Schulte as vice president of quality improvement.
CHAMBLEE, Ga. — Mercy Housing Southeast will hold a ribbon cutting on Wednesday, April 11 for Senior Residences at Mercy Park in Chamblee.
NASHVILLE, Tenn. — Brookdale Senior Living (NYSE: BKD) has re-hired Bill Sheriff, the company’s former CEO, as a consultant.
LANDOVER, Md. — FutureCare has opened FutureCare Capital Region, a 150-bed skilled nursing facility in the Washington, D.C. suburb of Landover.
BRYAN, Texas — Parc Communities has opened Parc at Traditions, a 159-unit independent living, assisted living and memory care community near Texas A&M University in Bryan.
LAONA, Wis. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Nu-Roc Community Healthcare, a skilled nursing facility in Laona. The property is located within a national forest…
LOS ANGELES — iBorrow, a private direct lender for commercial and multifamily real estate, has provided a $6 million loan for Golden Cross Health Care, a skilled nursing facility in…
LIBERTY, Mo. — A joint venture between Action Pact, Liberty Hospital and Healthy Living Centers of America has completed Phase II construction at Norterre, a continuing care retirement community (CCRC)…
ATASCOCITA, Texas — Houston-based The National Realty Group (TNRG) and Dallas-based MedCore Partners have acquired 7 acres in the Houston suburb of Atascocita, with plans to build an independent living…
BASTROP, Texas — Senior Living Investment Brokerage Inc. (SLIB) has arranged the sale of a 120-bed skilled nursing facility in the Austin suburb of Bastrop.
BOWLING GREEN, Ky. — Charter Senior Living has named Jim Britt as executive director of Charter Senior Living of Bowling Green. The community offers independent living and assisted living in…
NEWTON, Mass. — David Hegarty has announced his plans to retire as president and chief operating officer of Senior Housing Properties Trust (NASDAQ: SNH). Jennifer Francis, currently a senior vice…
DALLAS — Silverstone Healthcare Co. is preparing to open HarborChase of the Park Cities, a 134-unit assisted living and memory care community in North Dallas.
HOUSTON — Buckner Retirement Services has announced a $12.8 million expansion and renovation project for Parkway Place, a nonprofit, faith-based continuing care retirement community (CCRC) in Houston.
KLAMATH FALLS, Ore. — Cushman & Wakefield has brokered the sale of Quail Park of Klamath Falls, a 115-unit independent living, assisted living and memory care community in Oregon.
LEHIGH VALLEY, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 180-bed skilled nursing facility located in the Lehigh Valley region of eastern Pennsylvania.
EASLEY, S.C. — Evans Senior Investments (ESI) has arranged the sale of The Willows of Easley, a 100-unit independent and assisted living community in Easley, for $14.5 million.
RALEIGH, N.C. — Kisco Senior Living has announced plans for a 15-story tower at its existing The Cardinal at North Hills continuing care retirement community in Raleigh.
SUMMERLIN, Nev., and LANSDOWNE, Va. — Spring Hills Senior Communities has announced plans for Poet’s Walk Summerlin and Poet’s Walk Lansdowne, memory care communities to be located in Nevada and…
AUSTIN, Texas — Buckner Retirement Services, a faith-based owner-operator, has completed a $29.8 million expansion at Buckner Villas in North Austin.
MARKHAM, Ontario — Sienna Senior Living Inc., a Markham-based owner, has acquired 10 seniors housing communities throughout Ontario for CA$382 million. Based on the exchange rate on Friday, March 30…
HEALDSBURG, Calif. — Blueprint Healthcare Real Estate Advisors has brokerd the sale of Healdsburg Senior Living Community, a 110-unit assisted living, memory care and skilled nursing campus in the Sonoma…
GAINESVILLE, Fla. — Ziegler, a specialty investment bank, has provided a $94.3 million refinancing for The Village at Gainesville, a 639-unit independent living, assisted living and memory care community in…
HENDERSON, Nev. — Meridian Capital Group has arranged an undisclosed amount of construction financing for The Vineyard, a memory care community in Henderson, a suburb of Las Vegas.
SAN FRANCISCO — The American Society on Aging (ASA) has appointed Karyne Jones as chairman and Michael Adams as chair-elect.
DENVER — Focus Property Group, a Denver-based property investor and developer, and Ascent Living Communities, an owner and operator of senior living communities based in nearby Centennial, have announced plans…
MCCANDLESS, Pa. — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has started construction of a 179-unit seniors housing community in the Pittsburgh…
PEORIA and MESA, Ariz. — Blueprint Healthcare Real Estate Advisors has arranged the sale of two assisted living communities in Arizona for an undisclosed price.
SCOTTSDALE, Ariz. — Cadence Senior Living has hired Thomas Rosin to its corporate team as controller. Rosin brings over 30 years of accounting, auditing and management experience to the company.
SEBASTIAN, Fla. — Watercrest Senior Living Group has hired Joe Germain as the executive director of Pelican Landing Assisted Living and Memory Care.
CONWAY, Ark. — Abby Development has broken ground on Ridgemere, a 92-unit seniors housing community in the Little Rock suburb of Conway.
REDDING, Calif. — Ziegler, a specialty investment bank, has closed $14.7 million in HUD refinancing loans for two seniors housing communities in Redding, located approximately midway between Sacramento and the…
GAINESVILLE, Fla. — Doster Construction Co. has completed construction of Arbours at Tumblin Creek, a 64-unit seniors housing community for military veterans in Gainesville.
NEEDHAM, Mass. — Wingate Healthcare, a Needham-based operator, has hired Michael Spearin as senior vice president of sales and marketing. Spearin will support Wingate’s sales team and serve as an…
KISSIMMEE, Fla. — Watercrest Senior Living is now accepting reservations at Sage Park Assisted Living and Memory Care, a 128-unit seniors housing community in the Orlando suburb of Kissimmee.
CENTRAL ILLINOIS — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio in Central Illinois.
SPARKS, Nev. — Radiant Senior Living has acquired Arbors Memory Care, a seniors housing community in the Reno suburb of Sparks.
ELK GROVE, Calif. — Koelsch Communities has announced plans for Laguna Springs Senior Community, a 240,000-square-foot seniors housing community in the Sacramento suburb of Elk Grove.
NEW YORK CITY — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $63 million bridge-to-HUD loan for a skilled nursing facility and two…
DENVER, Colo. — Integra Realty Resources (IRR), a Denver-based commercial real estate valuation and consulting firm will expand its healthcare and seniors housing practice by partnering with Missouri-based appraisal, market…
CAPE CORAL, Fla. — Studio+ will provide architecture and interior design services for Thrive at Four Mile Cove, a 140-unit seniors housing community in Cape Coral, located on the Gulf…
O’FALLON, Mo. — Leisure Care has announced plans for The Landing of O’Fallon, a 134-unit assisted living and memory care community in the St. Louis suburb of O’Fallon.
RENO, Nev. — The Wolff Company has announced plans for Revel Damonte Ranch, a 156-unit independent living community in Reno.
GREENVILLE, S.C. — Mavin Construction has been selected to build an 83-unit independent living expansion at Rolling Green Village, a continuing care retirement community (CCRC) in Greenville.
NEW ALBANY, Ind. — Senior Living Investment Brokerage has arranged the sale of Lincoln Hills, a skilled nursing facility in New Albany, located just across the Ohio River from Louisville…
EUSTIS, Fla., and ROCHELLE, Ill. — Bessolo Design Group has been selected to design an assisted living community in the Orlando suburb of Eustis and a skilled nursing facility in…
WEST ALLIS, Wis. — Heritage Senior Living, an owner-operator based in West Allis, has hired Antonio Evans as regional director of hospitality and culinary position.
FAIRFIELD, Conn. — HJ Sims, a Fairfield-based lender, has hired John Williford as assistant vice president of investment banking. Williford will focus on banking business in the Southwest and Southeast…
BEAUMONT, Texas — Boston Capital has invested in the construction of Old Dowlen Cottages, a 72-unit age-restricted community in Beaumont, located east of Houston near the Louisiana border.
GREENWICH, Conn. — CNH Finance LP, a specialty finance company headquartered in Greenwich, has acquired Triumph Healthcare Finance for an undisclosed price.
NAPLES, Fla. — Erickson Living will build Siena Lakes, a continuing care retirement community to be located on 30 acres in the Gulf Coast city of Naples.
CHICAGO — Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), has hired Jordyn Berger as a director of the firm’s IPA-Seniors Housing group.
RICHMOND, Va. — LifeSpire of Virginia has started construction of a 166,590-square foot expansion at Lakewood, a continuing care retirement community in Richmond.
CLEVELAND — Cleveland-based KeyBank Real Estate Capital has closed a $90.8 million FHA 232/223(f) loan for the refinancing of a portfolio of seniors housing properties in Texas.
YEADON, PA. — Tryko Partners has acquired ManorCare Health Services at Mercy Fitzgerald Hospital, a 52,000-square-foot skilled nursing facility at 600 S. Wycombe Ave. in Yeadon, a suburb of Philadelphia.
AUSTIN, TEXAS — Hill & Wilkinson has completed the renovation and expansion of Buckner GreenRidge Villas, a seniors housing community in Austin that provides housing and services to 400 seniors…
BELLEVUE, Wash. — Koelsch Communities has announced plans for Belle Harbour Senior Community, a 140-unit assisted living and memory care community in the Seattle suburb of Bellevue.
GERMANTOWN, Tenn. — Project partners Confluent Senior Living and Harbor Retirement Associates (HRA) are set to begin construction of HarborChase of Germantown, an assisted living and memory care community in…
NEW CANAAN, Conn. — Grandbridge Real Estate Capital's Seniors Housing and Healthcare Finance Group has provided a $35 million Freddie Mac refinancing for Brightview on New Canaan.
BOULDER, Colo. — Evans Senior Investments (ESI) has arranged the sale of Flatirons Terrace, a 54-unit independent living community, for an undisclosed price.
NEWTOWN SQUARE, Pa. — Tony Mullen, CEO of Newtown Square-based seniors housing developer Royal Star Properties, has passed away following a heart attack at age 61.
Organization partners with software companies to improve size, quality of industry data.
RALEIGH, N.C. — Two local companies, Navion Senior Solutions and NorthView Partners, have acquired 8.5 acres in Raleigh to develop The Reserve at North Hills, a 189-unit independent living, assisted…
CHARLOTTE, N.C. — Pappas Properties and Laurel Street have broken ground on Belvedere at Berewick, a 108-unit, age-restricted community in Charlotte.
TEXARKANA, Texas — Love Funding has arranged a $5.6 million HUD refinancing for Winfield Estates, an affordable seniors housing community in Texarkana, which straddles the Texas-Arkansas border.
ANAHEIM HILLS, Calif. — JCH Consulting Group, an Anaheim Hills-based brokerage firm, has hired Michael Mooney. His responsibilities will include originating new business and executing transactions.
SARASOTA, Fla. — Ryan Cos. US Inc. and its partner Grand Living have started construction of Grand Living at Lakewood Ranch, a 172-unit independent living and assisted living community in…
KENNEWICK, Wash. — CBRE has arranged $26.4 million in financing for the acquisition of Fieldstone Grandridge and Fieldstone Memory Care, a 138-unit assisted living and memory care community in Kennewick…
KIRKLAND, Wash. — The Wolff Company, an Arizona-based developer, has announced plans for Revel Kirkland, a 152-unit independent living community in the Seattle suburb of Kirkland.
VISALIA, Calif. — NorthMarq Capital has arranged $29.3 million in financing for the construction of Quail Park at Shannon Ranch, a 120-unit seniors housing property in Visalia, located between Los…
DENVER, Colo. — It’s Never 2 Late, a Denver-based software company serving the seniors housing industry, has hired Karen O’Hern as the company’s vice president of enterprise solutions.
ANNAPOLIS, Md. — Despite a severe flu season that should’ve put more patients into skilled nursing facilities, occupancy in the sector continued its years-long decline in fourth-quarter 2017, according to…
WAUNAKEE and SUN PRAIRIE, Wis. — Griffin-American Healthcare REIT IV has acquired a 254-bed seniors housing portfolio in Central Wisconsin for $22.6 million.
NEW YORK CITY — New York-based operator Affinitas Life has merged with New Empire Corp., a family-owned real estate group. The new company will operate under the name: “Affinitas Life…
SARASOTA, Fla. — HealthTrust, a seniors housing appraisal and advisory firm based in Sarasota, has hired Michael Jones as chief financial officer.
NASHVILLE, Tenn. — 4 West Holdings Inc., the parent company of Nashville-based skilled nursing operator Orianna Health Systems, has filed for Chapter 11 bankruptcy.
CYPRESS, Texas — CBRE has arranged $20.9 million in financing for the acquisition of Park Creek, a 124-unit independent living community in the Houston suburb of Cypress.
ADELPHI, Md. — Healthcare Transactions Group Inc. has arranged the sale of Hillhaven Assisted Living, Nursing and Rehabilitation Center, a 128-unit assisted living and skilled nursing community in the Washington…
NEW YORK CITY — Hunt Mortgage Group, a New York-based lender, has hired RED Capital Group veteran Kathryn Burton Gray to lead its new seniors housing group.
DALLAS — HFF has hired Ross Sanders as a senior director within HFF’s national seniors housing group led by senior managing directors Chad Lavender and Ryan Maconachy.
LOS ANGELES — Baby Boomers and Millennials have more in common than we might realize. That is because today’s seniors, like most Millennials, are seeking out engaging activities that connect…
SEATTLE — Holliday Fenoglio Fowler (HFF) has arranged $114.7 million in development financing for 620 Terry, a 243-unit high-rise seniors housing community in Seattle’s First Hill neighborhood.
IRVINE, Calif. and LOUISVILLE, Ky. — Irvine-based REIT HCP (NYSE: HCP) and Louisville-based operator Atria Senior Living have agreed to transfer operations of 24 HCP-owned seniors housing properties to Atria.
SEBASTIAN, Fla., and MACON, Ga. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a total of $24.6 million in financing for assisted living…
PITTSFIELD, Mass. — Lancaster Pollard has arranged an $11.9 million HUD refinancing for Berkshire Place, a 54-unit skilled nursing facility in the Western Massachusetts city of Pittsfield.
CLOVIS, N.M. — Capital One has provided a $11.3 million HUD refinancing for Wheatfields Senior Living Community, a 101-bed assisted living facility in Clovis, near the Texas border.
NEW YORK CITY — Hines and Welltower Inc. have broken ground for the construction of Sunrise at East 56th, a seniors housing property located at 139 E. 56th St. in…
GRAND RAPIDS, Mich. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired a 464-bed, five-property skilled nursing portfolio in the Grand Rapids metro area for $41.5 million.
ALEXANDRIA, Va. —Avison Young has arranged the sale of the Mt. Vernon Nursing & Rehab Center, a 45,654-square-foot skilled nursing facility in the Washington, D.C. suburb of Alexandria, for $13…
INDIANAPOLIS — BMO Harris Bank’s Healthcare Real Estate Finance group was sole lender on a $34 million term loan to refinance two seniors housing communities in the Indianapolis metro.
BLOOMSBURG, Pa. — Evans Senior Investments has arranged the sale of Bloomsburg Rehab & Wellness Center, a 66-bed skilled nursing facility, for $7.2 million.
TULSA, Okla., SPRING, Texas, and VERNON HILLS, Ill. — Greystone Real Estate Advisors has arranged the sales of three senior living communities in Oklahoma, Texas and Illinois.
CINCINNATI — CommuniCare Health Services has taken over operations of 13 senior living facilities in Ohio previously under the management of Columbus-based Atrium Centers.
SARASOTA, Fla. — HealthTrust, a Sarasota-based seniors housing appraisal and advisory firm, has gone independent from its former owner, Sabra Health Care REIT (NASDAQ: SBRA). The terms were not disclosed.
PRINCETON, N.J. — Solvere Senior Living, a Princeton-based operator, has taken over management of six independent living communities in Michigan and Texas.
CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has hired Dan Mahoney as a managing director. Based in Oregon, Mahoney will lead business development in the Pacific…
BETHESDA, Md. — After several months of negotiations, massive seniors housing operator HCR ManorCare and its landlord Quality Care Properties (NYSE: QCP) have reached an agreement over HCR’s more than…
NEW PORT RICHEY, Fla. — LandSouth Construction has broken ground on Trinity Independent Senior Living, a luxury independent living community with a construction value of $19.3 million.
PHOENIX — A joint venture between Life Care Services and Westminster Funds has broken ground on Desert Willow Assisted Living, a 44-unit assisted living building on the campus of Sagewood…
MEBANE, N.C. — KeyBank Real Estate Capital has provided $15.5 million in Fannie Mae first mortgage financing for Mebane Ridge Assisted Living, a 65-unit seniors housing property in Mebane.
WAYZATA, Minn. — Dwight Capital LLC has provided $14.3 million in bridge-to-HUD financing to Superior Healthcare Management, a skilled nursing provider based in the Minneapolis suburb of Wayzata.
PORT ST. LUCIE, Fla. — Watercrest Senior Living Group has opened Watercrest St. Lucie West Assisted Living and Memory Care in Port St. Lucie, located between Miami and Orlando.
GARLAND, GRAPEVINE and MCKINNEY, Texas — Greystone Real Estate Advisors has arranged the sale of the Grand Brook portfolio, which included three Class A memory care communities in the Dallas-Fort…
HILLSBORO, Ore. — The Wolff Company has announced plans for Revel AmberGlen, a 140-unit independent living community in the Portland suburb of Hillsboro.
ALEXANDRIA, Va. — Argentum, an industry association formerly known as the Assisted Living Federation of America, has named Brent Weil as the association’s vice president of workforce development.
PATCHOGUE, N.Y. — Spellman Brady & Co. has completed interior design work for Village Walk, a five-story assisted living community in the Long Island village of Patchogue.
CHICAGO — Investors in the seniors housing space have a strong preference for independent living and assisted living facilities, according to the Year-End 2017 Seniors Housing Investor Survey conducted by…
SALT LAKE CITY — Strategic Student & Senior Housing Trust Inc. has acquired a portfolio of three assisted living communities in Salt Lake City totaling 294 units. The seller and…
LAKEWOOD, Colo. — Juniper Communities has acquired Applewood Place and Lakewood Reserve, two seniors housing communities in the Denver suburb of Lakewood. The seller and price were not disclosed.
CHICAGO — Ziegler, an Chicago-based investment bank and brokerage firm, has added Donald Husi as managing director to its investment banking team in for-profit senior living corporate finance.
EVANS, Ga. — Charter Senior Living has named Jan Park as executive director of Camellia Walk, an assisted living and memory care community located in the Augusta suburb of Evans.
POWELL, Ohio — Spectrum Retirement has opened Powell Assisted Living and Memory Care, an 89-unit community in the Columbus suburb of Powell.
BAKERSFIELD, Calif. — Cushman & Wakefield has arranged $11.6 million in construction financing for The Palms at San Lauren, a 68-unit assisted living and memory care community in Bakersfield.
SPRINGBORO, Ohio — Live Oak Bank has provided a $3.6 million construction loan for a 24-bed memory care community in the Cincinnati suburb of Springboro.
COLUMBUS, Ohio — Lancaster Pollard has promoted Jason Dopoulos to senior managing director.
ANNAPOLIS, Md. — CRGA Design, an Annapolis-based architecture, interior design and planning firm, has hired Lee Driskill and Usama Hassanein as principals. Driskill will focus on senior living design and…
NEWTON, Mass. — Barry Portnoy, the founder and chairman of The RMR Group, has passed away at age 72. The cause of death was not disclosed.
TORRANCE, Calif. — The Wolff Company has unveiled plans for Revel South Beach, a 185-unit independent living community in the coastal Los Angeles suburb of Torrance.
LITCHFIELD PARK, Ariz. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Hacienda Del Rey, a 90-unit assisted living and memory care community in the Phoenix suburb of…
IRVINE, Calif. — Irvine-based firm KTGY Architecture + Planning has hired Jeremy Agraz as its national development director.
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD), the largest owner and operator of seniors housing in the United States, has promoted Lucinda “Cindy” Baier from chief financial officer…
CHICAGO — Evergreen Real Estate Group has broken ground on two projects in Chicago’s North Side that will combine seniors housing with public library branches.
RALEIGH, N.C. — Waltonwood Lake Boone, a family-owned senior living community in Raleigh scheduled to open in May, has hired Allison O’Shea as executive director.
LEXINGTON, Va. — Kendal Corp., a nonprofit owner-operator based in Pennsylvania, has broken ground on a $40 million expansion at Kendal at Lexington, a 120-unit continuing care retirement community in…
DALLAS — Capital Senior Living Corp. (NYSE: CSU), a Dallas-based operator of 129 seniors housing communities, has hired Jeremy Falke for the newly created role of senior vice president of…
COLLINGSWOOD, N.J. — Architecture firm Kitchen & Associates (K&A) has promoted Claire Van Haren from director of interior design to principal.
MCLEAN, Va. — Freddie Mac has announced its multifamily lenders who transacted the most financing volume with the company in 2017, including broken out by sub-sector. Holliday Fenoglio Fowler (HFF)…
TOLEDO, Ohio — Welltower Inc. (NYSE: HCN) has announced it will change its stock ticker symbol to WELL, effective Feb. 28.
KANSAS CITY, Mo. — Tutera Senior Living & Health Care, a Kansas City-based operator of 47 communities in 13 states, has promoted Ryan Fischer to vice president of business development…
BELLINGHAM, Wash. — Evans Senior Investments (ESI) has arranged the sale of Rosewood Villa, a 66-unit assisted living community in Bellingham, for $7 million.
IRVINE, Calif. — Irvine-based architecture firm KTGY Architecture + Planning has added Jessica Musick as a shareholder in the company. Musick, formerly an associate principal with KTGY, was also named…
SYRACUSE, N.Y. — Arbor Realty Trust Inc. (NYSE: ABR), a real estate investment trust and direct lender, has provided a $41.7 million bridge loan for the acquisition of James Square…
KENTWOOD, Mich. — Pathway to Living, a Chicago-based owner-operator, has acquired Elmcroft of Kentwood, an 54,387-square-foot assisted living and memory care community in the Grand Rapids suburb of Kentwood.
DALLAS — Holliday Fenoglio Fowler LP (HFF) has arranged financing for the development of Forestwood Active Adult, a 197-unit, age-restricted community in North Dallas.
WEST ALLIS, Wis. — Heritage Senior Living, a West Allis-based operator, has promoted Pierre Verger from vice president of operations to chief operating officer.
JACKSONVILLE, Fla. — BMO Harris Healthcare Real Estate Finance, as sole lender, has provided a $35.3 million loan for the construction of Grand Living at Tamaya, a 171-unit seniors housing…
SOUTHERN ILLINOIS — Evans Senior Investments (ESI) has arranged the sale of four Legacy Place assisted living and memory care communities in Southern Illinois for $32.6 million.
PINELLAS PARK, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Signature HealthCARE of Pinellas Park, a 120-bed skilled nursing facility in the Tampa suburb of Pinellas…
IRVINE, Calif. — International design firm KTGY Architecture + Planning has appointed Wil Wong, a principal based in the company’s Irvine office, to its board of directors. In addition, the…
WASHINGTON, D.C. — Senior Living Investment Brokerage has arranged the sale of Brinton Woods, a 183-bed skilled nursing facility in Washington, D.C.
OLATHE, Kan. —Real Estate Equities Development LLC has announced plans for its newest Village Cooperative community, which will be the first owner-occupied seniors housing cooperative in the Kansas City suburb…
WILSONVILLE, Ore. — The Avamere Family of Companies, a Wilsonville-based operator, has taken over management of five Colony NorthStar Healthcare Income-owned assisted living communities in Oregon and Washington.
FLORIDA — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $47.5 million acquisition loan for three skilled nursing facilities totaling 436 beds in…
COLUMBUS, OHIO — Increasing competition is becoming a larger and larger issue within seniors housing. In fact, 87 percent of owners, operators developers and investors rate their local environment as…
VENICE, Fla. — Florida-based Trez Forman Capital Group has provided a $44.8 million loan for the construction of The Floridian Club of Sarasota, a 309-unit active adult community in Venice.
ISSAQUAH, Wash. — The Wolff Company, an Arizona-based private equity firm and senior living developer, has broken ground on a 146-unit independent living community in the Seattle suburb of Issaquah.
SAN ANTONIO — HFF has arranged the sale of Mesa Vista Inn Healthcare Center, a 144-bed skilled nursing facility near San Antonio’s Medical Center district.
LAKE HAVASU, Ariz. — Civitas Senior Living, Summerlin Asset Management LLC and Desert Land Group have broken ground on The Views at Lake Havasu, a 92-unit active adult community in…
NEWCASTLE, Wash. — Aegis Living has opened Aegis Gardens, a 110-unit assisted living and memory care community “open to all who enjoy celebrating Chinese culture” in the Seattle suburb of…
COSTA MESA, Calif. — The most important factors that lead to satisfied seniors housing residents are location and staff, far outpacing cost considerations, according to the 2018 Senior Living Satisfaction…
NEEDHAM, Mass. — Wingate Healthcare, a provider of senior living and healthcare services in Massachusetts, Rhode Island and New York, has appointed Jill Bosa as chief operating officer.
PENSACOLA, Fla. — Marcus & Millichap (NYSE: MMI) has arranged the sale of Grandview Assisted Living, a 60-unit assisted living community in the Florida Panhandle community of Pensacola.
GLENDALE, Ariz. — Cadence Senior Living has appointed Reneé Mayo as executive director at Inspira Arrowhead in Glendale. The community is a joint venture between P.B. Bell and Cadence, scheduled…
RIDGEFIELD, Conn. — Formation Development Group has selected Congress Building Corp. as construction manager for Atria Ridgefield, an 86-unit assisted living and memory care community in Ridgefield, located between New…
IRVINE, Calif. — Granite Investment Group has hired Ken Hocker as the company’s new president. Hocker is responsible for overseeing day-to-day operations and the development and implementation of the company’s…
PETALUMA, Calif. — Senior Living Investment Brokerage Inc. has arranged the sale of Adobe House of Petaluma, a 40-unit memory care community in Petaluma, approximately 40 miles northwest of San…
WINTER PARK, Fla. — Holiday Retirement has hired Sara Kyle as director of resident experience.
RICHMOND HEIGHTS, Mo. — Allegro, a St. Louis-based operator, has hired Nic Scheibel as executive director of the company’s community currently under construction in nearby Richmond Heights.
NATIONAL CITY, Calif. — Walker & Dunlop Inc. (NYSE: WD) has provided an $82 million loan for Paradise Village, located just outside of San Diego in National City.
COLUMBIA, S.C. — Watercrest Senior Living Group and Titan Development Real Estate Fund I have started construction of Watercrest Columbia Assisted Living and Memory Care, a 107-unit assisted living and…
OLATHE, Kan., GRAYSLAKE, Ill., and WHEATON, Ill. — Travanse Living has selected Integral Senior Living to operate Travanse’s three-property seniors housing portfolio in the Midwest.
WOODBURN, Ore. — Lancaster Pollard has arranged an $8.8 million HUD refinancing for Heartwood Memory Care Community in Woodburn.
MEDFORD, Ore. — Contemporary Healthcare Capital has arranged a $2.8 million mezzanine loan to affiliates of Sapphire Health Services.
MOORESTOWN, N.J. — Acts Retirement-Life Communities Inc., one of the nation’s largest nonprofit operators, has announced its affiliation agreement with The Evergreens, a 300-unit continuing care retirement community (CCRC) in…
BOWLING GREEN, Ky. — Evans Senior Investments (ESI) has arranged the sale of Bowling Green Retirement Village, a 138-unit independent living and assisted living community in Bowling Green, for $10.4…
MCHENRY, Ill. — Lancaster Pollard has arranged an $11.2 million HUD refinancing for Heritage Woods of McHenry, a 100-unit supportive living facility in McHenry, located between Chicago and Milwaukee.
PRINCETON, N.J. — Princeton-based senior living consulting firm Solutions Advisors has acquired Trilogy Consulting LLC.
CORVALIS, Ore. — Contemporary Healthcare Capital (CHC) has arranged a $1.2 million mezzanine loan to refinance a 32-unit memory care community in Corvalis, approximately 80 miles south of Portland.