CHAPEL HILL, N.C. — KeyBank Real Estate Capital has originated a $13.5 million refinancing for Chatham Ridge Assisted Living in Chapel Hill.
TALLAHASSEE and PENSACOLA, Fla. — Vitality Senior Living has been selected as the exclusive operating partner for YourLife Senior Living.
BLOOMFIELD HILLS, Mich. — American House Senior Living Communities, a Bloomfield Hills-based operator, has promoted Traci Taylor to corporate vice president of sales and revenue enhancement.
CHICAGO — There is one surefire way to make sales hum in seniors housing, says Margaret Wylde, an industry consultant who has conducted research in this niche property sector for 34 years. Know who your customer is, the product they want and how much they will pay to get what they want.
DURHAM, N.H. — Ziegler has closed on $110.5 million in bond financing for the development of RiverWoods Durham, a 222-unit continuing care retirement community (CCRC).
MASON, Ohio — Blueprint Healthcare Real Estate Advisors has arranged the sale of Cedar Village, a 267-unit continuing care retirement community in the Cincinnati suburb of Mason.
UPSTATE NEW YORK — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $29 million in financing for the acquisition of a 236-bed skilled nursing facility in Upstate New York.
ATLANTA — Peacock Partnership Inc. has completed its purchase of the former Presidential Hotel, located near Atlanta’s “Spaghetti Junction” highway interchange of I-285 and I-85. The buyer plans to convert the long-vacant property into a seniors housing community.
FOLSOM, Calif. — CBRE has arranged financing for the acquisition of Prairie City Landing, a 130-unit independent living, assisted living and memory care community in Folsom, a suburb of Sacramento.
Contemporary Healthcare Capital Closes $13.3M Refinancing for Skilled Nursing Facility in New Jersey
NEWTON, N.J. — Contemporary Healthcare Capital has closed $13.3 million in senior and mezzanine loans to refinance a 128-bed skilled nursing facility in Newton.