WASHINGTON, D.C. — The District of Columbia Housing Finance Agency (DCHFA) has issued $50 million in bond financing for the construction of The Residences at Southern Avenue in Washington, D.C.
BRENTWOOD, Tenn. — KeyBank Real Estate Capital has secured an $111.1 million Freddie Mac loan for Brookdale Senior Living. Based in Brentwood, the publicly traded company is the largest owner and operator of seniors housing in the United States.
PENSACOLA, Fla. — Florida-based general contractor Summit Contracting Group has started construction on Lucas Creek, an affordable seniors housing development in Pensacola, located on the panhandle near the Alabama border.
OSHKOSH, Wis. — National Health Investors Inc. (NYSE: NHI) will fund a $10.8 million construction loan for a 66-bed assisted living and memory care community in Oshkosh, located along Lake Winnebago between Green Bay and Milwaukee.
FULTON, Md. — Capitol Seniors Housing has opened Arbor Terrace Fulton, an assisted living and memory care community in Fulton, approximately 20 miles north of Washington, D.C.
RIVERSIDE, Calif. — CBRE has arranged the sale of Orangeville Senior Living and Madison Villa Arms, two active adult communities in Riverside, approximately 50 miles east of Los Angeles.
FORT WORTH, Texas — Discovery Senior Living has started pre-leasing at Discovery Village At Alliance Town Center, a 98-unit assisted living and memory care community in Fort Worth.
PHOENIX — Blueprint Healthcare Real Estate Advisors has arranged the sale of two seniors housing campuses totaling 384 beds/units in metro Phoenix.
MINNESOTA and SOUTH DAKOTA — Contemporary Healthcare Capital has provided a $4.2 million mezzanine loan to affiliates of Cascade Capital Group LLC.
ANNAPOLIS, Md. — Occupancy in U.S. skilled nursing facilities reached 83.7 percent in the first quarter of 2019, representing the first year-over-year increase since January 2015.