GLADWYNE, Pa. — Ziegler has arranged $44.1 million in bond financing for Waverly Heights, which owns and operates a continuing care retirement community (CCRC) of the same name in Gladwyne.
OHIO and MICHIGAN — Lancaster Pollard Mortgage Co.’s M&A affiliate, OREC Securities LLC, has arranged the sale of a seniors housing community in Ohio and six in Michigan
RICHMOND, Va. — Solvere Living has completed Aspire at Carriage Hill, a 148-unit independent living community in Richmond.
DES MOINES, Iowa — General contractor and construction management firm The Weitz Company has hired Nadine De Nicola as business development manager to support the growth of the Des Moines-based company’s senior living product line.
CARY, N.C. — Waltonwood Communities, an owner-operator of senior living in the Carolinas and Michigan, has announced two new hires at its community in Cary, a suburb of Raleigh.
ALAMEDA, Calif. — The City of Alameda, Eden Housing and Alameda Point Partners have broken ground on Alameda Point Senior Apartments, a 60-unit affordable seniors housing community in Alameda, just south of Oakland.
ANNAPOLIS, Md. — The seniors housing occupancy rate in the United States decreased to 87.8 percent in the second quarter of 2019, from 87.9 percent a year ago. This represents the lowest occupancy level since the second quarter of 2011, according to the National Investment Center for Seniors Housing & Care (NIC).
PEARLAND, Texas — California-based Drever Capital Management has broken ground on Larkspur at Shadow Creek, a 257-unit active adult community in the southwestern Houston suburb of Pearland.
CENTRAL VERMONT — Carnegie Capital has arranged $29 million in financing for a seniors housing community in Central Vermont.
DES PLAINES, Ill. — Strawberry Fields REIT has acquired a skilled nursing facility located in Des Plaines for $15 million.