MOUNT LAUREL, N.J. — Capitol Seniors Housing has opened Arbor Terrace Mount Laurel, an 88-unit seniors housing community in Mount Laurel. The 75,000-square-foot community offers assisted living and memory care services. The Arbor Company is the operator. Mount Laurel is
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AURORA, Ill. — Walker & Dunlop Inc. has provided $11 million in bridge financing for The Vistas Fox Valley, a 136-bed supportive living facility in Aurora. The borrower was Cascade Capital Group, which used the funds to acquire the community.
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LOS ANGELES — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 50-bed skilled nursing facility in the Los Angeles metropolitan area. A private real estate investor sold the community to an investor with a large California portfolio
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LADERA RANCH, Calif. — Strategic Student & Senior Housing Trust Inc., a public, non-traded REIT sponsored by SmartStop Asset Management LLC, has promoted Michael Crear to chief financial officer. In his new role, Crear is responsible for the implementation of
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DENVER — Spectrum Retirement Communities has hired John Holcomb as medical advisor. In his role at Denver-based Spectrum, Holcomb will review and provide recommendations on all resident care policies and procedures and providing insight and expertise on resident care, safety,
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AMITYVILLE, N.Y. — Greystone has provided a $71.3 million HUD-insured loan to refinance Massapequa Center Rehabilitation & Nursing, a 320-bed skilled nursing facility in the Long Island village of Amityville. Fred Levine of Greystone originated the transaction. The financing carries
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DES MOINES, Iowa — LCS has hired Charles Murphy as executive vice president/senior managing director of development and real estate. Murphy’s career includes leadership roles at The Walt Disney Company, Security Capital Group, GE Capital and Hammes Co. In these
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NATIONAL CITY, Calif. — NorthMarq has arranged the sale of Southern Highlands Independent Senior Living, a 151-unit independent living property in National City, just south of San Diego. Lincoln Avenue Capital acquired the community from Shefflin Investments for $22.1 million.
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WALKERSVILLE, Md. — Greysteel has arranged the sale of Victoria Park at Walkersville, an 80-unit affordable seniors housing community in the Western Maryland town of Walkersville. Osprey Property Cos. sold the property to an undisclosed buyer for $10.2 million. The
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SPRINGFIELD, Mo. — Blueprint Healthcare Real Estate Advisors has negotiated the sale of The Fremont, a 119-unit independent living, assisted living and memory care community in Springfield. A Missouri-based ownership group sold the property to a Florida-based private equity company
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