MILLCREEK, Utah — Live Oak Bank has provided $5 million in financing. The borrower, All Seasons Health Services Co., will use the funds to acquire two assisted living properties in the Salt Lake City suburb of Millcreek.
EAST RIDGE, Tenn. — Marcus & Millichap has arranged the sale of East Ridge Residence, a 137,633-square-foot affordable seniors housing community in East Ridge, a suburb of Chattanooga.
SEATTLE — Áegis Living has opened the doors on Áegis of West Seattle, an 83-unit assisted living and memory care community in Seattle.
NEWBURYPORT, Mass. — Nauset Construction has finished building Port Healthcare Center, a 123-bed skilled nursing facility in Newburyport, located in the very northeastern corner of the state.
WALPOLE, Mass. — Benchmark Senior Living has appointed Adam Manchester as executive director at New Pond Village in Walpole, a suburb of Boston.
LINCOLNSHIRE and NAPERVILLE, Ill. — Cushman & Wakefield has arranged a recapitalization of two continuing care retirement communities (CCRCs) totaling 1,071 units in the Chicago suburbs.
STERLING HEIGHTS, Mich. — Chicago Pacific Founders has acquired Shorehaven Senior Living, a 120-unit independent living and assisted living community in the Detroit suburb of Sterling Heights, for an undisclosed price.
DENVER — HFF has arranged financing for the development of Solera at Cherry Creek, a Class A seniors housing development in the Cherry Creek neighborhood of Denver.
TENNESSEE — Monticello Asset Management, through two of its investment vehicles, has provided $10.4 million in financing for the acquisition of a 139-bed skilled nursing facility in Tennessee.
DRAPER, Utah — Marcus & Millichap (NYSE: MMI) has arranged the sale of Rosegate Draper, a 277-unit age-restricted multifamily asset in the Salt Lake City suburb of Draper.