BRENTWOOD, Tenn. — CBRE has arranged $160.3 million in financing for Brookdale, which will restructure debt on a five-property, 945-unit portfolio in Alabama, Michigan, Pennsylvania and Texas.
DALLAS — Capital Senior Living (NYSE: CSU), a Dallas-based operator, has appointed Brandon Ribar to the position of chief operating officer.
SPRING LAKE, N.J., NEW YORK CITY and YORKTOWN, Va. — M&T Realty Capital Corp. has provided three loans totaling $84.6 million for seniors housing communities in New Jersey, New York and Virginia.
LYNCHBURG and PETERSBURG, Va. — Elevation Financial Group has acquired two seniors housing communities totaling 103 units in Virginia for $1.3 million, or $12,621 per unit.
CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has promoted Steve Thomes to senior managing director and head of business development.
RIVERSIDE, Calif. — Cushman & Wakefield has negotiated the sale of Altavita Village, California’s third-largest senior living community according to the broker.
CHICAGO — The seniors housing industry remains optimistic about acquisitions of existing properties and repositioning of older facilities, according to Capital One’s annual survey of seniors housing and long-term care executives.
HIGHLANDS RANCH, Colo. — Erickson Living has unveiled plans for a two-building residential expansion at Wind Crest, a continuing care retirement community (CCRC) in Highlands Ranch, about 15 miles south of Denver.
OCEANSIDE, Calif. — Developer Protea and Irwin Partners Architects (IPA) have completed construction of Ocean Hills, a seniors housing community in Oceanside, approximately 35 miles north along the coast from San Diego.
FORT WORTH, Texas — Civitas Senior Living, a Fort Worth-based owner-operator, has promoted Bobby Lane to chief wellness officer. Lane started with the company as an executive director in 2015 and has most recently served as the senior vice president of wellness.