RICHMOND, Va. — Erickson Living has started construction of Avery Point, a massive continuing care retirement community (CCRC) in the Short Pump area of Richmond. Upon full build-out, the community will feature 1,160 independent living units, 120 assisted living units,
…
NEW YORK CITY — Greystone has provided a $68.5 million Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance Capitol Apartments, a Section 8 affordable seniors housing property in New York. Located on 8thAvenue where Hells Kitchen meets the
…
MYRTLE BEACH, S.C. — Hudson Capital Properties, a multifamily real estate investment and development firm focused on value-added acquisitions in the Southeast, has unveiled plans for The Retreat at Coastal Grand in Myrtle Beach. The high-end community, designed for 55-and-older
…
ILLINOIS and NEW JERSEY — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a total of $60 million in HUD financing for a portfolio of skilled nursing facilities in Illinois and New Jersey. In
…
SAN FRANCISCO — Sequoia Living, a nonprofit organization that offers housing and services to seniors in Northern California, has hired Sara McVey as president and CEO. McVey succeeds David Berg, who retired in September. Bringing more than 20 years of
…
BRIARCLIFF MANOR, N.Y. — Senior Lifestyle Corp. has welcomed its first residents at The Club at Briarcliff Manor, a seniors housing community in Briarcliff Manor, a village along the Hudson River approximately 30 miles north of New York City. The
…
CHETEK, BLACK RIVER FALLS, BLOOMER and OCONTO FALLS, Wis. — Senior Living Investment Brokerage (SLIB) has arranged the sale of four skilled nursing facilities and three assisted living communities located throughout the northern half of Wisconsin. The properties total 394
…
CARTERSVILLE, Ga. — American Lending Center (ALC), an EB-5 regional center, has opened The Fountains in Cartersville, an assisted living and memory care community in Cartersville. Located approximately 45 miles northwest of Atlanta, this project marks ALC’s first investment in
…
CLEVELAND — OnShift, an HR software provider for post-acute care and senior living, has added Addison Grimes as senior vice president of engineering and Jim Alland as chief sales officer. Grimes is a tenured technology executive. His nearly 30 years
…
FRANKLIN, Wis. — New Perspective Senior Living has hired Jason Wilson as executive director of New Perspective Franklin, a seniors housing community scheduled to open in spring 2020 in the Milwaukee suburb of Franklin. A former police officer in South
…