ATLANTA — 29thStreet Capital, a privately-held real estate investment and advisory firm based in Atlanta that focuses on value-add opportunities, has announced its plans to expand its services to the seniors housing industry.
GRAND SALINE and ATHENS, Texas — Senior Living Investment Brokerage Inc. has arranged the sale of two skilled nursing facilities southeast of Dallas for $2.1 million.
NORWOOD, Mass. — Benchmark has hired Patrick Hardy as the new executive director at Benchmark Senior Living on Clapboardtree in Norwood, a suburb of Boston.
MONTEBELLO, Calif. — Hunt Mortgage Group has provided $20 million in refinancing for Beverly Towers, an affordable seniors housing property in the Los Angeles suburb of Montebello.
IRVINE, Calif. — Sabra Health Care REIT (NASDAQ: SBRA) has completed the previously announced sale of nine facilities leased to Genesis Healthcare for $81.4 million, and one leased to Signature HealthCARE for $7 million.
LINCOLN, Calif. — Blueprint Healthcare Real Estate Advisors has brokered the sale of four plots of land in California totaling 21 acres for $14.7 million, with the buyers planning to develop assisted living on the land.
BURR RIDGE, Ill., and WICHITA, Kan. — Anthem Memory Care, an Oregon-based memory care provider, has announced new executive directors at two of its communities.
HERKIMER, N.Y. — A company led by Ari Grinspan and Joe Farkas has taken over management of Foltsbrook Center for Nursing & Rehabilitation, a community offering rehabilitation, outpatient services, adult day care and assisted living in Herkimer.
MARMET, SISSONVILLE and PARKERSBURG, W.V. — KeyBank Real Estate Capital has provided a total of $67.2 million in financing for a three-property skilled nursing portfolio in West Virginia.
CINNAMINSON TOWNSHIP, N.J. — Capitol Seniors Housing has acquired Siena, an upscale active adult community in Cinnaminson Township, located across the Delaware River from Philadelphia. The price was not disclosed.