BRENTWOOD, Tenn. — The Weitz Company has completed construction of the Redbud expansion project at The Heritage at Brentwood, a senior living community located 20 miles south of Nashville in Brentwood.
KNOXVILLE, Tenn. — Dominion Senior Living, a Knoxville-based owner and operator of 13 assisted living and memory care communities across South Carolina, Tennessee and Kentucky, has launched a new independent living brand: Everlan by Dominion Senior Living.
WEST CHESTER, Penn. — HJ Sims has arranged $20.5 million for the rebuilding of a portion of Barclay Friends, a nonprofit continuing care retirement community (CCRC) in West Chester, a borough 25 miles west of Philadelphia.
MESA, Ariz. — Cadence Living, a senior housing owner, developer and operator based in Scottsdale, has hired Wanda Tutelo as executive director of Acoya Mesa. The community is scheduled to open this September in Mesa.
CLAYTON, Mo. — Ryan Cos. US Inc., Life Care Services and Harrison Street Real Estate Capital have broken ground on Clarendale Clayton, a 13-story seniors housing tower in Clayton, a suburb of St. Louis.
MECHANICSVILLE, Va. — M&T Realty Capital Corp. has closed a $28.5 million Fannie Mae Seniors Housing loan for the refinance of a 106-unit assisted living facility located in Mechanicsville.
NEW YORK CITY — Capital One has named Dana Scheppmann and David Harper as regional relationship managers for long-term care real estate lending.
MASON, Ohio — Live Oak Bank has provided a $6.9 million conventional construction loan for a 41-unit assisted living and memory care development in Mason, a suburb of Cincinnati.
OXNARD, Calif. — Oakmont Senior Living has named Gina Salman executive director of Oakmont of Riverpark in Oxnard, a senior living community opening this winter in the coastal city of Oxnard.
A lot has happened at Brookdale Senior Living (NYSE: BKD) over the last few years in what can only be described as a tumultuous period. Operating 844 communities as of March 31, the company is still the largest owner and operator of seniors housing in the country. However, Brookdale’s stock price has struggled mightily in recent years. While trading at nearly $40 per share as recently as 2015, the company’s stock price has not gone above $10 per share since late 2017. (The stock closed at $6.52 per share on …