SARASOTA, Fla. — Revere Capital has financed a $3.6 million loan secured by a 29.1-acre land parcel located in Sarasota.
SMITHTOWN, N.Y. — Benchmark has opened Whisper Woods of Smithtown, an assisted living and memory care community in Smithtown, located on Long Island.
COEUR D’ALENE, Idaho — Radiant Senior Living has broken ground on a 16-unit expansion at The Renaissance at Coeur D’Alene, a seniors housing community in Coeur D’Alene, near the Washington border.
ARKANSAS — Blueprint Healthcare Real Estate Advisors has arranged the sale of two skilled nursing facilities in Arkansas for an undisclosed price.
SAN ANTONIO — CBRE has arranged a refinancing for Franklin Park Alamo Heights, a 221-unit independent living, assisted living and memory care community in San Antonio.
Watercrest Senior Living Group Hires Hollie Kemp as Vice President of Dementia Services, Programming
VERO BEACH, Fla. — Watercrest Senior Living Group, a Vero Beach-based developer, owner and operator, has hired Hollie Kemp as vice president of dementia services and programming.
HILLSBORO, ORE. — The Wolff Co. has broken ground on Revel Amberglen, an independent living community within Hillsboro’s mixed-use Amberglen Business Park.
BOSTON — Cushman & Wakefield Senior Housing Capital Markets, acting as advisor to HCP Inc., has arranged the sale of a portfolio of Brookdale-managed seniors housing communities.
NEW JERSEY — Monticello Asset Management has provided $65 million in bridge-to-HUD financing to HP Intermediate Administrative Services LLC for the acquisition of four seniors housing communities in New Jersey. In addition, Monticello provided a $4 million working capital loan to the operator of the communities.
FARGO, N.D. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired The Meadows on University, a 110-bed skilled nursing facility in Fargo.