SAN MARCOS and GEORGETOWN, Texas —Developers have broken ground on two Pi Architects-designed seniors housing projects in San Marcos and Georgetown, both located outside Austin.
DALLAS — A joint venture between Realty Capital Partners (RCP) and Matteo Realty Partners has acquired the former Silverado Memory Care of Turtle Creek, located in the Turtle Creek neighborhood of Dallas.
WARNER ROBINS, Ga., and CYPRESS, Texas — Lancaster Pollard Mortgage Company, a division of ORIX Real Estate Capital, has arranged financing for seniors housing communities in the Macon suburb of Warner Robins and the Houston suburb of Cypress.
HENDERSONVILLE, N.C. — Contemporary Healthcare Capital has provided a $1.4 million mezzanine loan to affiliates of The Portopiccolo Group for the acquisition of a skilled nursing facility in Hendersonville.
ST. LOUIS — Ascension, a St. Louis-based senior living and healthcare provider, has appointed Daniel “Danny” Stricker to lead the company’s new skilled nursing division, Ascension Post-Acute Services.
CLEARWATER, Fla. — A partnership between Autumn Senior Living and Small Brothers LLC has unveiled plans for Aravilla Clearwater, a 170,000-square-foot assisted living and memory care community in Clearwater, a coastal suburb of Tampa.
PORTLAND, Ore. — Walter Bowen, real estate developer, founder of BPM Real Estate and an early pioneer in the assisted living industry, has sold six seniors housing communities. The disposition marks Bowen’s exit from the seniors housing industry.
CHICO, Calif. — CBRE has arranged $24.5 million in financing for Westmont Living.
CHICAGO— Evergreen Real Estate Group has completed a $4 million renovation of Bethel Terrace Apartments, a 123-unit affordable seniors housing community in Chicago’s Englewood neighborhood.
WEST POINT, Pa. — Acts Retirement-Life Communities, a nonprofit owner-operator based in West Point, has made six appointments at both the corporate and community level.