SARASOTA, Fla. — BMO Harris Bank’s Healthcare Real Estate Finance group acted as sole lender for a $46.5 million construction loan for the development of a 198-unit seniors housing community in Sarasota.
WELSH, La., and SOUTHAVEN, Miss. — Lancaster Pollard recently closed a series of bridge loan transactions for seniors housing communities in the Southeast.
CHARLOTTE, N.C. — The Senior Dining Association (SDA) will host the first Senior Dining Association Conference and Expo, to be held March 17-20 in Charlotte.
WALTHAM, Mass. — Benchmark has announced the hiring of Scott Bradshaw as the company’s new regional director of sales.
KINGSTON, Mass. — National Health Investors (NYSE: NHI) has acquired Wingate at Silver Lake, a seniors housing community just south of Boston in Kingston, for $50.3 million.
NEW YORK CITY — KeyBank Real Estate Capital has provided $33 million to refinance the Bronx Gardens Rehabilitation and Nursing Center, a 199-bed skilled nursing facility in the Bronx built in 1994.
ANNAPOLIS, Md. — The occupancy rate for seniors housing across the United States increased slightly in the fourth quarter of 2018, according to the National Investment Center for Seniors Housing & Care (NIC), an Annapolis-based non-profit organization that provides data and analytics on the sector.
WEST ST. PAUL, Minn. — Dougherty Mortgage LLC has provided a $20.9 million HUD-insured loan for the construction of Darts Senior Apartments, a 172-unit affordable seniors housing property in West St. Paul.
NORTHPORT, Ala. — Senior Living Investment Brokerage has arranged the sale of Forest Manor, a 182-bed skilled nursing facility in the Tuscaloosa suburb of Northport.
Residents can have transportation freedom with minimal cost and effort by the operator.