TUCSON, Ariz. — Watermark Retirement Communities has started managing six communities in Arizona and California.
VERO BEACH, Fla. — Sonata Senior Living, an Orlando-based owner, developer and operator, has started construction of a memory care expansion at its Sonata Vero Beach community.
CHICAGO — Walker & Dunlop Inc. has hired Joshua Rosen as managing director in its FHA finance group.
CHICAGO — SeniorMetrics Inc., a Chicago-based technology firm serving the seniors housing industry, has hired two healthcare industry veterans to its C-Suite — Chad Harris as chief digital officer and Dave Keane as chief financial officer.
GREENVILLE, S.C. — SunTrust Banks Inc. (NYSE: STI) was sole lender on a $67 million loan to fund an expansion project for Rolling Green Village in Greenville.
PORTLAND, Ore. — Senior Living Investment Brokerage has arranged the sale of RN Villa Care Center, a 38-unit residential care facility in Portland.
ORLANDO, Fla., and DALLAS — JLL has hired Mike Garbers and Cody Tremper to join the real estate investment management firm’s multifamily business as it expands its expertise in the seniors housing sector.
DOWNEY, Calif. — The Ensign Group Inc. (NASDAQ: ENSG) has acquired Downey Care Center, a skilled nursing facility in Downey, approximately 13 miles southeast of downtown Los Angeles.
STERLING HEIGHTS, Mich. — Singh Development has completed a $1 million renovation project at Waltonwood Lakeside, an independent living, assisted living and memory care community in the Detroit suburb of Sterling Heights.
SAN DIEGO — As more and more new investors, capital providers and developers start to look at seniors housing as a growth opportunity, it’s up to those already in the sector to forge strong partnerships and increase transparency of data. These are the keys to seniors housing becoming a standard commercial real estate sector rather than a niche.