NORTH CHELMSFORD, Mass., and ROCKY HILL, Conn. — LCB Senior Living,LLC has acquired Brookdale North Chelmsford in Massachusetts and Brookdale Rocky Hill in Connecticut. The price was not disclosed.
NAPLES, Fla. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of Juniper Village at Naples, a 60-unit memory care community in Naples, located along the Gulf of Mexico in South Florida.
CHICAGO — Craig Bernfield has launched Hana2.0 Property Group LP, a Chicago-based company that will develop, acquire and triple-net lease seniors housing communities throughout the United States.
Independent living, assisted living and memory care operators are at risk of losing up to half their management fees.
PEACHTREE CORNERS, Ga. — Greystone has provided a $48 million Freddie Mac loan to refinance Village Park at Peachtree Corners.
LOUISVILLE, Ky. — Atria Senior Living, a Louisville-based operator of more than 22,000 seniors housing units, has hired Eric Leef as chief human resources officer and Kelli Corney as vice president of strategic marketing and creative, while promoting Regan Atkinson to senior vice president of new product development.
WESTON, Fla. — The Palace Group has opened an 8,000-square-foot information center at the future site of The Palace at Weston, a $130 million development in Weston, about 30 miles northwest of Miami.
SIOUX FALLS and HURON, S.D. — Senior Living Investment Brokerage has arranged the sale of three skilled nursing and assisted living facilities in South Dakota.
HUNTSVILLE, Ala. — KIRCO, along with its construction arm KIRCO MANIX, has broken ground on Madison Crossings, a seniors housing community in Huntsville.
CINCINNATTI — KeyBank Community Development Lending and Investment (CDLI) has arranged $10.6 million in financing for construction of Walnut Hills Senior Campus in Cincinnati.