TOWN AND COUNTRY, Mo. — Lutheran Senior Services has started construction of an independent living expansion of Mason Point, a seniors housing community in the St. Louis suburb of Town and Country.
KENNETT SQUARE, Pa. — Kendal Corp., a Kennett Square-based owner-operator, has promoted Marvell Adams Jr. to the position of chief operating officer.
EL PASO, Texas — Evans Senior Investments has arranged a lease agreement for a 120-bed skilled nursing facility in Texas.
KANSAS CITY, Mo. — Mike Levitt, vice president and chief compliance officer for Tutera Senior Living & Health Care, has been elected president of the Missouri Health Care Association (MHCA) at its annual convention in Branson.
PALM DESERT, CALIF. — Cushman & Wakefield’s Senior Housing Capital Markets team has arranged the sale of Bella Villaggio, a 148-unit assisted living and memory care community in Palm Desert, an eastern suburb of Los Angeles.
CINCINNATI — Blueprint Healthcare Real Estate Advisors has arranged the sale of two skilled nursing facilities in Cincinnati. The portfolio totals 159 beds.
ORLANDO, Fla. — LV Lending, a Miami-based private lender, has provided a $2.1 million bridge loan to Stonegate Development Co.
DETROIT — Knapp Group Seniors Housing Advisors of Marcus & Millichap has brokered the sale of an 88-bed skilled nursing facility in metro Detroit. The name and specific location were not disclosed.
ANNAPOLIS, Md. — The occupancy rate for seniors housing across the United States was steady in the third quarter of 2018, according to new data from the National Investment Center for Seniors Housing & Care (NIC), an Annapolis-based nonprofit organization that provides data and analytics on the sector.
ST. LOUIS — Griffin-American Healthcare REIT IV Inc., which is co-sponsored by American Healthcare Investors and Griffin Capital Company LLC, has acquired a portfolio of skilled nursing facilities located throughout the state of Missouri for $88.2 million.