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.
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.
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.
EDISON, N.J. — Avanath Capital Management has acquired Menlo Manor, a 240-unit affordable senior housing community in Edison, for an undisclosed price.