DALLAS — Capital Senior Living Corp. (NYSE: CSU) has appointed Kimberly Lody as the company’s new president and CEO, replacing Larry Cohen who retired at the end of 2018. Lody was already on the company’s Board of Directors, and will continue to serve in that role.
DORAL, Fla. — HFF has arranged the sale of a 1.3-acre development site in Doral, a first-ring suburb of Miami, for $5.3 million. An assisted living community is planned for the property, which is located within the 250-acre Downtown Doral mixed-use community.
BANDON, Ore. — 1031 Crowdfunding LLC, through its affiliate 1031 CF Properties LLC, has acquired an 84-unit assisted living and memory care facility in Bandon, a coastal city in the southwest portion of Oregon.
SCRANTON, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a three-property skilled nursing portfolio in the Wyoming Valley region of Northeast Pennsylvania.
Southern California proves that supply-demand dynamics should be observed on a market-by-market basis.
Bridge Investment Group Acquires Somerby Living Services, Including Nine Seniors Housing Communities
NEW YORK CITY AND BIRMINGHAM, ALA. — An affiliate of Bridge Investment Group has purchased Somerby Senior Living Services, a seniors housing operator based in Birmingham. The seniors housing firm is a wholly owned subsidiary of Dominion Partners, a Birmingham-based real estate developer. The sales price was not disclosed.
CHICAGO — Evergreen Real Estate Group has been retained to manage nine affordable housing communities totaling 1,071 units across Illinois, Kansas, Ohio and Wisconsin. The properties include a mix of affordable housing for families, seniors and people with disabilities.
NASHVILLE, Tenn. — Blueprint Healthcare Real Estate Advisors has arranged the sale of three skilled nursing facilities in Western Kentucky for $18.7 million.
JOHNSON COUNTY, Kan. — Greystone has provided $14 million in bridge financing for the acquisition of a 130-bed skilled nursing facility in Johnson County, just southwest of Kansas City.
RAPID CITY, S.D. — Evans Senior Investments (ESI) has arranged the sale of Somerset Court Rapid City, an 87-unit assisted living community in Rapid City, located in the western portion of the state.