GAITHERSBURG and SOLOMONS, Md. — HJ Sims has closed $96.1 million in bond financing for Asbury Atlantic, a continuing care retirement community owner-operator based in Frederick, Md.
FRESNO, Calif. — CBRE has provided $32 million in Freddie Mac financing for the acquisition of The Windham Senior Living, a 200-unit independent living and assisted living community in Fresno’s affluent Woodward Park neighborhood.
GREENTOWN, Ind. — Lancaster Pollard has provided a $6.7 million HUD refinancing for Century Villa Health Care, an 84-bed skilled nursing facility and 43-unit assisted living facility in Greentown, a rural town between Indianapolis and Fort Wayne.
WESTMINSTER, Colo. — CA Senior Living LLC has started construction of Atria Westminster, a five-story, 137-unit senior living community in Westminster, approximately 10 miles northwest of Denver.
ALLEN, Texas — KWA Construction has completed Larkspur at Twin Creeks, a 243-unit independent living complex in Allen, approximately 25 miles north of downtown Dallas.
RIVERVIEW, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of The Crossings at Riverview, a 92-unit seniors housing community currently under development in the Tampa suburb of Riverview.
REDMOND, Wash. — Lancaster Pollard has provided $4.9 million in HUD-insured financing for Peters Creek Retirement and Assisted Living in Redmond, a suburb of Seattle.
The senior living industry is attracting new developers rapidly, as it is one of the fastest growing real estate sectors in today’s economy. The industry has added over 20,000 new units a year for the last three years.
CHICAGO — Gary Cohn, a Wall Street titan who served as chief economic advisor to President Donald Trump for more than a year, has a two-word solution to America’s broken political system: term limits.
DALLAS — Ziegler has arranged $91.9 million in tax-exempt bond financing for Presbyterian Village North, a massive, nonprofit continuing care retirement community (CCRC) in Dallas.