SCOTTSDALE, Ariz. — The Wolff Company, a Scottsdale-based private equity firm and senior living developer, has broken ground on Revel Scottsdale, an independent living apartment community in the company’s hometown.
IRVINE, Calif. — American Healthcare Investors LLC and Griffin Capital Corp., the co-sponsors of Griffin-American Healthcare REIT IV, have arranged a new credit facility for the non-traded REIT.
SANTA ROSA BEACH, Fla. —The St. Joe Company (NYSE: JOE) and Watercrest Senior Living Group have announced plans for an assisted living and memory care community in Santa Rosa Beach, located on the Florida Panhandle.
SALT LAKE CITY — Summit Vista, a Salt Lake City-based operator, has named Mark Erickson chief executive officer and Kelly Ornberg chief marketing officer to lead Utah’s newest continuing care retirement community. Both executives will retain their managing director titles with the company and continue to function in the current role of leading Summit Vista in Taylorsville.
PHOENIX — Cushman & Wakefield has arranged the sale of Zen Senior Living, a 99-unit seniors housing community in Phoenix’s Paradise Valley neighborhood.
TAMPA, Fla. — Raisal has arranged a $10.1 million loan for the construction of a new assisted living facility in Tampa.
COLORADO SPRINGS, Colo. — HFF has arranged $31 million in financing for Province Springs, a 160-unit independent living community in Colorado Springs.
HENDERSON, Nev. — The Wolff Company, a Scottsdale-based private equity firm and multifamily developer, has opened the doors on Revel Nevada.
OHIO — Capital Funding Group, a Baltimore-based lender, has closed a bridge-to-HUD term loan for Vantage Point Capital.
LEXINGTON, N.C. — Love Funding has provided a $4.8 million refinancing for Grayson Creek of Welcome, an assisted living and memory care facility in Lexington, about 20 miles south of Winston-Salem.