WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development (HUD) has released production data for its FHA 232 mortgage insurance program, which finances seniors housing properties, for the 2019 fiscal year ending Sept. 30.
NAPLES, Fla. — Watercrest Senior Living Group and United Properties have completed construction of Watercrest Naples Assisted Living and Memory Care in Naples, a Gulf Coast city just northwest of The Everglades.
VIERA, Fla. — Sonata Senior Living and AEW Capital Management have announced plans to develop Sonata Viera East, a luxury senior living community in the master-planned community of Viera, near Melbourne about 50 miles southeast of Orlando.
KANSAS CITY, Mo. — GlynnDevins, a seniors housing-focused marketing firm based in Kansas City, has appointed Chris Egan to the positions of president and CEO.
RANCHO CUCAMONGA — Blueprint Healthcare Real Estate Advisors has arranged the sale of Sunlit Gardens, an 86-unit assisted living and memory care community in the San Bernardino County city of Rancho Cucamonga.
SEATTLE — David Eskenazy, president of seniors housing operator Merrill Gardens, has announced his plans to leave the company at the end of the year.
PALM BEACH GARDENS, Fla. — Cushman & Wakefield has negotiated the sale of a 10.4-acre commercial site in Palm Beach Gardens. An affiliate of United Group of Companies acquired the property for $8.3 million with plans to develop an independent living community.
TERRE-HAUTE, Ind. — Alliant Capital has invested an undisclosed amount for the development of Miller Parrott Lofts, an affordable seniors housing community in Terre-Haute.
NEW YORK CITY — Quadrum Global, an international real estate development, investment and management firm based in New York, has launched Liana, a seniors housing management division.
WINTER PARK, Fla. — Watercrest Senior Living Group has hired Angie DiMura as executive director of Watercrest Winter Park, a 107-unit assisted living and memory care community currently under construction in the Orlando suburb of Winter Park.