VISTA, Calif. — Guest Services Senior Living and Northstar Commercial Partners have joined forces to renovate and rebrand Vista Gardens, a memory care facility in Vista, approximately midway between Los Angeles and San Diego.
MOUNT VERNON, Texas — Senior Living Investment Brokerage has arranged the sale of Mount Vernon House, a 50-unit assisted living community in Mount Vernon, approximately 100 miles east of Dallas.
CHICAGO — Ventas Inc. (NYSE: VTR) has appointed Sean Nolan, former chief executive officer of gene therapy company AveXis, as an independent member of its Board of Directors.
BIG RAPIDS and GAYLORD, Mich. — Lancaster Pollard Mortgage Co. has arranged $16 million in financing for The Brook Retirement Communities.
TREMONTON, Utah — Hunt Real Estate Capital has provided a $3.7 million Fannie Mae to refinance a seniors housing property located in Tremonton, about 20 miles from the Idaho border.
COMMERCE TOWNSHIP, Mich. — Resort Lifestyle Communities (RLC) plans to break ground Aug. 7 on an independent living community in Commerce Township, approximately 30 miles northwest of Detroit.
TULSA, Okla. — Discovery Senior Living has completed renovations at Country Club At Woodland Hills, a senior living community in Tulsa. A grand unveiling of the updated areas will be held Saturday, July 27.
BETHESDA, Md. — Walker & Dunlop Inc. has appointed Stephanie Wiggins as senior vice president and chief production officer for the company’s FHA finance team, which includes seniors housing loans.
CALIFORNIA, WASHINGTON AND MICHIGAN — Madison Marquette and GFH Financial Group have acquired a portfolio of six private-pay senior living communities in California, Washington and Michigan. Although a specific purchase price was not provided, GFH described the deal as “exceeding $180 million in value.”
GERMANTOWN, Tenn., and PALM DESERT, Calif. — Real estate investment company Passco Cos. has unveiled plans for two age-restricted apartment communities, each totaling 161 units, in Germantown and Palm Desert.