WEST DES MOINES, Iowa — Lifespace Communities has hired Terese Juntz as senior vice president of people and administration. Juntz will join the organization in its West Des Moines offices on June 25.
Billy Meyer, managing director of Seattle-based Columbia Pacific Advisors, doesn’t mince words when talking about the bridge lender’s cautious approach to financing seniors housing product today. “We don’t underwrite hope as a strategy anymore. It’s just not a good execution strategy, we believe.”
DALLAS — The Legacy Senior Communities has broken ground on The Legacy Midtown Park, a nonprofit continuing care retirement community in Dallas. Development costs are estimated at $175 million.
LONG ISLAND, N.Y. — Carnegie Capital has sourced and structured a $24 million bridge loan to refinance a skilled nursing and assisted living facility along the North Shore of Long Island.
WALTHAM, Mass. — Benchmark has hired two new employees to assist with organizational development as part of the company’s goal to be a sought-after employer in the industry.
LOS ANGELES — Commercial real estate and financial services firm Walker & Dunlop Inc. has expanded its multifamily investment sales platform to the West Coast with the addition of Javier Rivera, a senior vice president based in Los Angeles.
CHICAGO — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has arranged the sale of 12 skilled nursing facilities for $134 million.
TUCSON, Ariz. — Willis Development has completed construction of Sage Desert, an assisted living and memory care community in Northwest Tucson.
LAS VEGAS — Seniors Housing Business has received two awards from the National Association of Real Estate Editors (NAREE). The ceremony was held last week at the Planet Hollywood Resort & Casino in Las Vegas.
SARASOTA, FL — HealthTrust, a Sarasota-based appraisals and advisory firm specializing in seniors housing and healthcare real estate, has hired Cindy R. Bennett as director of management and clinical assessments.