SPARKS, Nev. — Radiant Senior Living has acquired Arbors Memory Care, a seniors housing community in the Reno suburb of Sparks.
The seller was the independent owner-operator of Arbors. The price was not disclosed.
Radiant owns and operates 18 assisted living and memory care communities in the West.
FRANKLIN, Tenn. — Vitality Senior Living and Traditions Senior Living, both operators based in Franklin, have merged to for Vitality Living.
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.
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.
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.
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.
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.
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…
WENATCHEE, Wash. — Contemporary Healthcare Capital has provided a $2.4 million mezzanine loan to Regency Pacific Management.
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…
CHICAGO — The Colliers International-Affordable Housing Group has completed the sale of Willa Rawls Manor, a 123-unit affordable seniors housing tower in Chicago.
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…
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.
NEW PROVIDENCE, N.J. — Erickson Living has unveiled plans for an expansion at Lantern Hill known as Bell Pavilion.
NILES and MILAN, Ohio — Cambridge Realty Capital Cos. has provided HUD loans for three Continuing Healthcare-owned skilled nursing facilities in Ohio.
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…
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.
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.
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…
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…
SOUTH ELGIN, Ill. — Spectrum Retirement Communities has started construction of Silver Glen Senior Living in South Elgin, approximately 40 miles west of Chicago.
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…
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…
TUCSON, Ariz. — Columbia Pacific Advisors, through is bridge lending platform CPIF Lending, has provided a $6.2 million loan to Frontier Management.
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…
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…
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…
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.
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…
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…
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…
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…
CHICAGO — Interra Realty has brokered the $6 million sale of a four-story skilled nursing facility in Chicago’s West Loop.
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.
FORT WORTH, Texas — Fort Worth-based operator Civitas Senior Living has hired Misty Miller to the newly created position of chief wellness officer.
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…
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.
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…
TUCSON, Ariz. — Columbia Pacific Advisors has provided a $6.2 million refinancing for Catalina Springs Memory Care in Tucson.
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.
CARLSBAD, Calif. — Carlsbad-based operator Integral Senior Living has promoted Kristen Curran-Brookham to director of resident programming, a newly created corporate support position.
PORTLAND, Ore. — Strategic Student & Senior Housing Trust Inc. (SSSHT) has acquired Courtyard at Mt. Tabor, a seniors housing community in Portland, for $92 million.
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…
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.
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…
CHERRYVALE, Kan. — CBRE has arranged the lease of a new operator at Cherryvale Nursing & Rehabilitation Center, a skilled nursing and healthcare facility in Cherryvale.
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…
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.
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…
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…
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.
SCOTTSDALE, Ariz. — Cadence Living, a Scottsdale-based owner-operator, has added Lidia Panayotova to its corporate finance team as assistant controller.
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.
CORPUS CHRISTI, Texas — Blueprint Healthcare Real Estate Advisors has arranged the sale of The Palms Nursing and Rehabilitation for an undisclosed price.
DALLAS — Chicago Pacific Founders (CPF) has announced it will rebrand Churchill Estates in Dallas as The Landon at Lake Highlands.
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.
MILLBRAE, Calif. — Cadence Living, a senior living development and management company based in Arizona has acquired Marymount Greenhills Retirement Center an undisclosed price.
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…
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…
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…
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.
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.
TALLAHASSEE, Fla. — SRI Management LLC, a Tallahassee-based operator, has been selected to manage five Superior Residences-branded communities in Florida.
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…
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…
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.
SEATTLE — Áegis Living has opened the doors on Áegis of West Seattle, an 83-unit assisted living and memory care community in Seattle.
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.
WALPOLE, Mass. — Benchmark Senior Living has appointed Adam Manchester as executive director at New Pond Village in Walpole, a suburb of Boston.
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.
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…
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.
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.
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.
EDISON, N.J. — Avanath Capital Management has acquired Menlo Manor, a 240-unit affordable senior housing community in Edison, for an undisclosed price.
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.
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.
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…
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…
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…
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…
NAPLES, Fla. — Discovery Senior Living has broken ground on Discovery Village At Naples, an independent living community in the South Florida city of Naples.
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.
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.
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…
TUCSON, Ariz. — Evans Senior Investments (ESI) has arranged the sale of Avalon Southwest Health & Rehabilitation, a 211-bed skilled nursing facility in Tucson.
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.
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.
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…
WASHINGTON and OREGON — JCH Senior Housing Investment Brokerage has arranged the sale of four assisted living and memory care communities in Washington and Oregon.
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…
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.
SPRING, Texas — Discovery Senior Living has completed the renovation of Conservatory At Champion Forest, a seniors housing community in Houston suburb of Spring.
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.
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.
WESTPORT, Conn. — Maplewood Senior Living, Westport-based operator, has named Bernadette Greatorex as its vice president of sales and strategic partnerships.
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.
TALLAHASSEE, Fla. — Roger B. Kennedy Construction has completed work on Tapestry Senior Living Walden in Tallahassee.
DETROIT — Marcus & Millichap’s Knapp Group has brokered the sale of a 40-bed assisted living and memory care community in Southeast Michigan.
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.
SKOKIE, Ill. — Covenant Retirement Communities (CRC) has hired Brian Devlin as senior vice president of project development.
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…
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.
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.
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…
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.
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.
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…
NEW YORK CITY — Hunt Real Estate Capital, a New York-based lender, has been approved as a Fannie Mae Seniors Housing Lender.
TINLEY PARK, Ill. — Anthem Memory Care has appointed Kerry Donegan as executive director of Porter Place in the southern Chicago suburb of Tinley Park.
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…
EDMONDS, Wash. — Koelsch Communities has completed Cedar Creek Memory Care Community, a 60-unit memory care community in the Seattle suburb of Edmonds.
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.
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.
JACKSONVILLE, Fla. — Senior Living Investment Brokerage has arranged the sale of Park Ridge Nursing & Rehabilitation Center, a 104-bed skilled nursing facility in Jacksonville.
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.
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…
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.
TUCSON, Ariz., and PAHRUMP, Nev. — CBRE has arranged the refinancing of The Echelon of Tucson in Tucson and Inspirations Senior Living in Pahrump.
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…
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.
TAMPA, Fla. — MedBest, a Tampa-based senior living executive search firm, has hired Christina Johnson as a senior recruiter.
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…
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…
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…
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…
NASHVILLE, Tenn. — Brookdale Senior Living Inc. (NYSE: BKD) has appointed Rita Johnson-Mills as an independent member of the company's board of directors.
NORFOLK, Va. — Harbor’s Edge, an independent, nonprofit continuing care retirement community, is preparing to break ground on a $140 million, 24-story expansion.
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.
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…
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.
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…
KISSIMMEE, Fla. — Park Square Enterprises has unveiled plans for an intergenerational community in Kissimmee that will combine seniors housing with childhood education.
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…
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.
CLEVELAND — Carnegie Capital has arranged a $16 million refinancing for an assisted living and memory care community in Cleveland.
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…
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…
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…
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.
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…
SAN MARCOS, Calif. — Lancaster Pollard has arranged $400 million in financing for Plum Healthcare Group, a San Marcos-based skilled nursing operator.
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…
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…
PALM COAST, Fla. — Watercrest Senior Living has opened its newest Market Street Memory Care Residence in Palm Coast, approximately midway between Jacksonville and Orlando.
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.
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.
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.
NEW YORK CITY — Hunt Mortgage Group, a New York-based lender, has hired Patrick McFarland as a managing director.
SEATTLE — Áegis Living has opened the doors on Áegis at Ravenna, an assisted living and memory care community in Seattle's Maple Leaf neighborhood.
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…
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, 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.
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…
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.
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…
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…
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.
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…
JACKSON, Miss. — Dougherty Mortgage has provided a $2.1 million Fannie Mae loan for the acquisition of Meadow Ridge Senior Apartments in Jackson.
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.
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…
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…
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.
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.
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.
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…
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…
ABERDEEN, S.D. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired a 99-bed skilled nursing facility in Aberdeen for $9.7 million.
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.
RICHMOND, VA. — SunTrust Community Capital (STCC) has provided $11.2 million in financing for two redevelopment projects in Richmond’s historic Jackson Ward neighborhood.
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.
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.
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…
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.
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.
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…
CHELSEA, FALL RIVER and BROCKTON, Mass. — Capital One has provided $47.2 million to refinance a portfolio of skilled nursing facilities in Massachusetts.
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.
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…
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.
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.
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.
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.
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…
BRIDGEWATER, N.J. — LCS has acquired Arbor Glen, a continuing care retirement community (CCRC) in Bridgewater, for an undisclosed price.
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…
HOUSTON — Tradition Senior Living has broken ground on The Tradition-Woodway, a 23-story independent living, assisted living and memory care community in Houston.
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…
SCOTTSDALE, Ariz. — Cadence Senior Living has hired Holly Springs-McMurry as director of operations and community integration.
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…
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.
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.
SPARTA, N.J. — The National Council of Certified Dementia Practitioners (NCCDP) has appointed Rhonda Brand as its new president.
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…
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…
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.
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.
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.
DENVER — It's Never 2 Late, a Denver-based software provider for the seniors housing industry, has appointed Lisa Taylor as its new CEO.
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…