REDDING, Calif. — Lancaster Pollard Mortgage Company has provided $3.9 million in FHA Sec. 232/223(f) financing for Sundial Assisted Living in Redding, approximately 170 miles north of Sacramento.
FITCHBURG, Wis. — Hunt Capital Partners, in collaboration with Plesko Properties LLC, has arranged federal and state low-income housing tax credit (LIHTC) equity financing for the construction of Fitchburg Senior Apartments.
MAINE, MASSACHUSETTS and NEW HAMPSHIRE — HFF has secured an undisclosed amount of financing for an eight-property, 565-unit seniors housing portfolio located in New England.
CAMARILLO, Calif. — Oakmont Senior Living has opened a welcome center at Oakmont of Camarillo, its upcoming seniors housing community in Camarillo, approximately 60 miles northwest of Los Angeles.
NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR), a seniors housing-focused REIT based in New York, has hired Lori Marino as executive vice president, general counsel and secretary.
OVIEDO, Fla. — Legacy Pointe at UCF, a senior living community currently in development in Oviedo, has hired Dr. James Wells as its executive director.
ORCHARD PARK and PITTSFORD, N.Y. — KeyBank Real Estate Capital has originated a total of $65.9 million in Freddie Mac financing for two seniors housing properties in Western New York.
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA), a D.C.-based seniors housing advocacy organization, and ProMatura, a Mississippi-based research firm, have released a study that identifies how assisted living communities can provide a more satisfying environment, a greater sense of feeling at home, and a greater quality of life.
ALEXANDRIA, Va. — Sunrise Senior Living has completed demolition of the former National Association of Professional Insurance Agents buildings in the Old Town neighborhood of Alexandria, with plans to build a 93-unit assisted living property on the land.
DES MOINES, Iowa — LCS, the nation’s second-largest operator of senior living communities, has hired Frank Vedder as senior vice president and chief information officer.