BEAUMONT, Texas — American Healthcare Investors LLC and Griffin Capital Company LLC, the co-sponsors of Griffin-American Healthcare REIT IV Inc., have acquired Pelican Bay, an assisted living facility located in Beaumont, for $19.5 million.
PORT ANGELES, Wash. — Contemporary Healthcare Capital (CHC) has provided $975,000 in mezzanine financing to refinance a 28-unit, 43-bed memory care community.
CHICAGO — What are the limitations of a market study? In light of overbuilding concerns in some major metros, it’s a salient question.
NEW JERSEY — Blueprint Healthcare Real Estate Advisors has arranged the sale of “The Jersey Four,” a four-property skilled nursing portfolio along the New Jersey coast.
ROCHESTER, N.Y. — Through a strategic alignment with Rochester Regional Health and a partnership with Columbia Pacific Advisors, Wegman Cos. Inc. has acquired a two-property senior living campus in Rochester.
WALTHAM, Mass. — Benchmark, a Waltham-based owner-operator, has hired Bobbi Miller as regional director of operations. She will oversee operations of the company’s seven communities throughout Massachusetts.
CHICAGO — Senior Living Investment Brokerage, a Chicago-based brokerage firm, has arranged the sale of five assisted living and memory care communities in Florida for $71 million.
LOS ANGELES — KFA, a Santa Monica-based architecture firm, has started construction of The Curve @ West Angeles Senior Apartments, an affordable community in the Park Mesa Heights neighborhood of Los Angeles.
WASHINGTON, D.C. — The Real Estate Roundtable (RER), a public policy organization that represents the interests of the real estate industry, has selected Debra Cafaro as its chair.
LOUISVILLE, Colo. — Balfour Senior Living, an owner-operator based in the Denver suburb of Louisville, has hired Phill Barklow as chief operating officer and Sara Thom as vice president of human resources.