CINCINNATI — NorthMarq’s Cincinnati office has arranged $23.7 million of debt and equity for the construction of Airy Hills at North Bend Crossing in Cincinnati.
VIRGINIA and TEXAS — Meridian Capital Group’s seniors housing and healthcare team arranged $58 million in senior and mezzanine financing to refinance a portfolio of memory care facilities in Virginia and Texas. The team also arranged the sale of an assisted living and memory care facility in Richmond, Va., and arranged $6 million in acquisition and construction financing in conjunction with the sale.
RIVER FOREST, Ill. — Senior Lifestyle Corp., along with Kaufman Jacobs, has broken ground on The Sheridan at River Forest in River Forest, a village just west of Chicago.
LAS VEGAS — Healthcare Transactions Group has arranged the sale of Kindred Transitional Care and Rehabilitation – Spring Valley, a 160-bed skilled nursing facility in Las Vegas.
BIRMINGHAM, Ala. — United Community Bank, a Birmingham-based lender, has promoted Dennis Rowlen to team leader of its Senior Care Lending Group.
PEARLAND, Texas — Greystone has provided a $37 million Fannie Mae seniors loan to refinance Watercrest at Shadow Creek Ranch, an independent living community in Pearland, a suburb of Houston.
DURHAM, N.C. — McCamant & Durrett Architects has completed design of Village Hearth Senior Cohousing in Durham, with the company claiming it as the first LGBT seniors cohousing community in North America.
WASHINGTON, D.C. — Meridian Senior Living has hired three managers, including an executive director, for the company’s Chevy Chase House community in Washington, D.C. The company hired Nicki Beekman as executive director, Kimberly Clynes as director of nursing and Ceridwen Kelley as assistant director of nursing.
ATLANTA — Lenbrook, an independently owned and operated continuing care retirement community in Atlanta’s upscale Buckhead neighborhood, has broken ground on a 53-unit independent living expansion at the community.
WOODBRIDGE, Va. — Solvere Living, the operations management division of Florida-based Solutions Advisors Group (SAG), has broken ground on Aspire at Belmont Bay in Woodbridge, approximately 25 miles southwest of Washington, D.C.