WALPOLE, Mass. — Washington Trust’s Commercial Banking Group has provided $30 million to refinance New Pond Village in Walpole, approximately 20 miles southwest of downtown Boston.
CHARLOTTE, N.C. — Grandbridge Real Estate Capital has announced that Tom Dennard, the company’s chairman and CEO, will retire on Sept. 30 after 19 years with BB&T’s commercial real estate banking platform. Matt Rocco will assume the leadership of Grandbridge as president and CEO.
HAYWARD, Calif. — Faris Lee Investments has arranged the sale of Casa Sandoval, a 187,926-square-foot seniors housing community in Hayward, located along San Francisco Bay.
GAMBRILLS, Md. — Capitol Seniors Housing has opened Arbor Terrace Waugh Chapel, an assisted living and memory care community in Gambrills, located south of Baltimore and northeast of Washington, D.C.
DALLAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of two assisted living communities in the Dallas-Fort Worth Metroplex totaling 114 units.
MOUNTAIN LAKES, N.J. — Metropolis Property Group has arranged the sale of 1 Bloomfield Ave. in the borough of Mountain Lakes, approximately 30 miles west of Manhattan.
NEW YORK CITY — Greystone, a commercial real estate lending, investment and advisory company based in New York, has hired Matt Miller as a managing director on its seniors housing finance team.
CHICAGO — Operators in the senior living space universally agree that the executive director holds the single most important position at their communities and that the job is a daily grind. These frontline administrators are not only tasked with providing the best care possible for residents, but they must also demonstrate strong financial acumen. They are frequently thrust into the role of crisis manager, all the while they are expected to be strategic thinkers.
LAKELAND, Fla. — Ziegler has arranged $32.8 million in bond financing for The Estates at Carpenters, a 33-acre continuing care retirement community (CCRC).
STILLWATER, Minn. ─Intergenerational Living & Health Care Inc. (ILHC) has completed construction of Phase I at The Lakes at Stillwater, an independent living, assisted living and memory care community in the Minneapolis suburb of Stillwater.