DENVER — JLL has hired Shawn James O’Connor as an executive vice president in its Valuation Advisory business. O’Connor will focus on seniors housing valuation in the Rocky Mountain region as well as general valuation services in the Denver area.
ROYAL PALM BEACH, Fla. — Validus Senior Living has broken ground on an assisted living and memory care community in Royal Palm Beach, approximately 70 miles north of Miami.
NORTH RICHLAND HILLS, Texas — Civitas Senior Living and StoneCreek Real Estate Partners have opened StoneCreek Senior Living at North Richland Hills.
SAN DIEGO — Cushman & Wakefield has brokered the sale of Felicita Vida, a 91-unit assisted living and memory care community in San Diego.
NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR) has announced the resignation of David Smith, the company’s chief financial officer and executive vice president. Smith has accepted “another business opportunity,” but details on that job were not disclosed.
TAMPA, Fla. — Cushman & Wakefield has hired Jay Jordan to the firm’s Senior Housing Capital Markets team. Based in Tampa, the team focuses on the sale of seniors housing assets throughout the country.
LIMERICK, Pa. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged $34 million in financing for the construction of Arcadia at Limerick Pointe, a seniors housing development in Limerick, approximately 30 miles northwest of Philadelphia.
NEW BRAUNFELS and ROUND ROCK, Texas — Senior Living Investment Brokerage (SLIB) has arranged the $20.5 million sale of two skilled nursing communities near San Antonio and Austin.
DENVER — Cappella Living Solutions, a Denver-based operator, has assumed management of 12 senior living properties across Texas, Colorado and the Midwest. The operational switch serves three separate ownership groups, and the communities serve more than 800 seniors.
MESA, Ariz. — HJ Sims has provided $5.1 million in mezzanine financing for Madison Realty Cos.