ORLAND PARK, Ill. — Smith Senior Living has opened Smith Crossing Greenleaf Rehab, a 46-suite short-term rehabilitation expansion at its Smith Crossing community in the Chicago suburb of Orland Park. The two-story, 45,222 square-foot building is connected with a passageway
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MT. STERLING, Ky. — Senior Living Investment Brokerage has arranged the sale of Sterling Meadows, a 30-unit assisted living community in Mt. Sterling, approximately 35 miles east of Lexington. Built in 2014, the 66,000-square-foot property was 80 percent occupied at
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SEATTLE — Seniors Better Together, a Seattle-based marketing company, has launched a co-op campaign designed to communicate the benefits of senior living in the era of COVID-19. The campaign will include digital and television advertising, extensive social media marketing, an
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Although COVID-19 has changed the realities of the seniors housing sector, development has adapted and forged ahead. That’s according to panelists on a webinar titled “Seniors Housing Development Pushes Forward” held Sept. 9. Presented by Seniors Housing Business and sponsored Moves
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DALLAS — Capital Senior Living Corp. (NYSE: CSU) has announced that Carey Hendrickson, the company’s executive vice president and chief financial officer, will step down from his position to pursue another opportunity. Hendrickson plans to remain in his current role
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DAYTON, Ohio — KeyBank has arranged a $38 million financing package for renovations to The Biltmore Towers, an affordable housing community in Dayton. KeyBank Community Development Lending and Investment (CDLI) secured a $6 million equity bridge loan and KeyBank Real
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MACOMB, Ill. — Lancaster Pollard has provided a $9.5 million refinancing for Grand Prairie of Macomb, an 84-unit supportive living facility in Macomb, located in the western part of the state approximately 150 miles north of St. Louis. Grand Prairie
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NEW YORK CITY — Greystone, a national commercial real estate financing company based in New York, has hired Patrick Berry as a senior production manager with one of the firm’s healthcare and multifamily origination teams. Berry joins Greystone from the
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HINGHAM, Mass. — Callahan Construction Managers has completed The Residence at Penniman Hill, an assisted living community in the Boston suburb of Hingham. LCB Senior Living is the owner and operator, while The Architectural Team Inc. served as the design
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RED BANK, N.J. — Locust Point Capital Inc., a Red Bank-based asset management firm specializing in direct lending to the lower middle market in the seniors housing and care industry, has hired F. Donald “Don” Kelly III as managing director.
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