OAKLAND, Calif. — CBRE has arranged $35.2 million in financing for the acquisition of The Point at Rockridge, a Class A, 148-unit assisted living and memory care community in Oakland.
IRVINE, Calif. — The board of directors of the Council on Shaping Advancements in Generational Environments (SAGE) has named Katja Martinez as its president. Martinez is principal and senior designer with architecture and design firm JZMK.
SAN FRANCISCO — SmithGroup, a Detroit-based design firm, has hired Alexis Burck as the company’s senior living studio leader in the San Francisco office.
FRISCO, Texas — Presidium, a real estate investment and management firm, has broken ground on Artistry at Edgestone, a 188-unit seniors housing community in Frisco, approximately 25 miles north of Dallas.
EVANSTON, Ill. — New research released last week by Mather LifeWays Institute on Aging shows that continuing care retirement community — or life plan community — residents report more healthy behaviors and have greater emotional, social, physical, intellectual and vocational wellness than those living in the community at large.
AGOURA HILLS, Calif. — Longtime seniors housing investment brokers John Sherman and Shep Roylance have combined their firms into a single company, The Sherman & Roylance Group.
DALLAS — Lucas McCurdy, co-founder of Bridge The Gap The Senior Living Podcast, has founded The Bridge Group Construction, based in Dallas.
VERO BEACH, Fla. — Harbor Retirement Associates (HRA), a regional senior living development and management company based in Vero Beach, has made three personnel moves at its corporate office: Sheila Wilson was promoted to vice president of health and wellness, Michael Siciliano to vice president of new operations and sales, and Kim Dembrowski was hired as national director of operational transition.
LAWRENCEVILLE, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Ashton Senior Living, a seniors housing community in the Atlanta suburb of Lawrenceville, for $15.8 million.
CHICAGO — Ventas Inc. (NYSE: VTR), a massive healthcare and seniors housing REIT based in Chicago, has hired Bhavana Devulapally as chief information officer.