KENNESAW, Ga. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Kennesaw Place, a 37-unit assisted living and memory care community in the Atlanta suburb of Kennesaw. Blueprint marketed the opportunity alongside 16 seniors communities located throughout the Southeast, Midwest and Mid-Atlantic. Details on the buyer, seller and price were not disclosed. Kyle Hallion, Amy Sitzman and Giancarlo Riso led the Blueprint team.
TEXAS — Sherman & Roylance has negotiated the sale of a 104-bed skilled nursing facility in Texas. A physician owner sold the asset to a California-based buyer for $8.1 million. Sherman & Roylance also arranged acquisition financing. The facility was built in 2018 and features 94 Medicare and 10 Medicaid beds. Further details were not disclosed.
MINNEAPOLIS — Health Dimensions Group (HDG), a Minneapolis-based operator, has hired Becky Kaufmann as vice president of clinical services. At the new position, Kaufmann oversees and assesses clinical performance, quality oversight and clinical system development on behalf of HDG’s portfolio of managed communities. In addition, she is focused on supporting HDG and its clients in delivering a consistent application of clinical, regulatory and quality standards, maintaining compliance with state and federal regulations. For nearly 30 years, Kaufmann has served as a clinical and quality leader in healthcare and senior living …
DALLAS — 12 Oaks Senior Living, a Dallas-based regional operator, has hired Steve Nguyen as learning and development director. In his previous role as learning and development manager at Lennox International, Nguyen served as a subject matter expert, leveraging data and industry-leading practices to influence learning and development strategy. His role in designing and coordinating both internal and external learning solutions focused on building leadership skills. Nguyen holds a Ph.D. in industrial and organizational psychology, a master’s degree in counseling psychology, and bachelor’s degree in philosophy. He also holds certifications …
PEACHTREE CITY, Ga. — CBRE has arranged the sale of Arbor Terrace Peachtree City, a 146-unit independent living and assisted living community in Peachtree City, a suburb south of Atlanta. The CBRE National Senior Housing investment sales team of John Sweeny, Aron Will and Garrett Sacco led the transaction for the undisclosed seller. GEM Realty Capital purchased the asset for an undisclosed price. Will and Michael Cregan also arranged the acquisition loan via CBRE’s Freddie Mac Optigo lending platform.
OLATHE, Kan. — Hunt Midwest and Principal Senior Living Group have completed a 21-unit memory care expansion at Benton House of Olathe, approximately 20 miles southwest of Kansas City. The expansion more than doubles the number of memory care apartments available in the community’s Beacon Neighborhood. Residents are scheduled to move in to the new apartments in March. Benton House of Olathe now offers 76 total residences, including 35 memory care apartments and 41 studio and one-bedroom assisted living suites. The Beacon Neighborhood features an open design at homelike scale …
NORWOOD, Mass. – LCB Senior Living, a Norwood-based operator, has promoted Lori LePage to chief human resources officer, Karen Foley to senior vice president of sales, and Chris Spencer to senior vice president of operations. LePage joined LCB Senior Living in 2013 as vice president of human resources, later becoming senior vice president of human resources. Foley, who started with LCB as vice president of sales in 2017, has played a pivotal role in revitalizing occupancy rates and community performance. Spencer began with LCB in 2014 as regional director of …
PORTLAND, Ore. — LRS Architects, a Portland-based design firm, has promoted four designers to associate and the additional elevations of two longtime firm veterans to senior associate. New associate Joe Bosnar joined LRS in 2013 and serves as a job captain on a myriad of residential projects as part of the firm’s multifamily housing studio. He received his bachelor’s degree in architecture from the University of Oregon. New associate Nick Carpenter joined LRS in 2019 and has been a project architect in the senior living studio. A Washington State-registered architect, …
FAIRFAX, Va. — Focus Healthcare Partners has completed a $67 million renovation project at The Virginian, a 32-acre continuing care retirement community (CCRC) in the D.C. suburb of Fairfax. LCS operates the property. This project included adding an array of advanced technology, sustainability initiatives, lifelong learning opportunities and healthcare services. Amenities now include multiple dining venues, a wine cellar, sports bar, indoor golf simulator, theater, entertainment venues, three full-service salons, technology areas and a spa under development. Outdoor areas include pickleball, bocce ball, a putting green, a dog park and …
VENICE, Fla. — Ryan Cos. US Inc. has completed construction of Grand Living at Wellen Park, a 235,267-square-foot luxury senior living community in Venice, a Gulf Coast city approximately midway between Tampa and Fort Meyers. Offering 204 residential units, the property will be part of Wellen Park, a master-planned development encompassing 11,000 acres. The four-story building includes 156 independent and assisted living units, 36 memory care units and 12 villas. Ryan served as the developer and builder as well as an investor in the community. Ryan A+E Inc., Ryan’s design …
