SOUTHERN ILLINOIS — Evans Senior Investments (ESI) has arranged the sale of four Legacy Place assisted living and memory care communities in Southern Illinois for $32.6 million.
PINELLAS PARK, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Signature HealthCARE of Pinellas Park, a 120-bed skilled nursing facility in the Tampa suburb of Pinellas Park.
IRVINE, Calif. — International design firm KTGY Architecture + Planning has appointed Wil Wong, a principal based in the company’s Irvine office, to its board of directors. In addition, the company promoted Kamran Charmsaz to principal and made him a shareholder.
WASHINGTON, D.C. — Senior Living Investment Brokerage has arranged the sale of Brinton Woods, a 183-bed skilled nursing facility in Washington, D.C.
OLATHE, Kan. —Real Estate Equities Development LLC has announced plans for its newest Village Cooperative community, which will be the first owner-occupied seniors housing cooperative in the Kansas City suburb of Olathe.
WILSONVILLE, Ore. — The Avamere Family of Companies, a Wilsonville-based operator, has taken over management of five Colony NorthStar Healthcare Income-owned assisted living communities in Oregon and Washington.
FLORIDA — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $47.5 million acquisition loan for three skilled nursing facilities totaling 436 beds in Florida.
COLUMBUS, OHIO — Increasing competition is becoming a larger and larger issue within seniors housing. In fact, 87 percent of owners, operators developers and investors rate their local environment as either competitive or extremely competitive. That’s according to the 2018 Seniors Housing and Care Survey conducted by Lancaster Pollard.
VENICE, Fla. — Florida-based Trez Forman Capital Group has provided a $44.8 million loan for the construction of The Floridian Club of Sarasota, a 309-unit active adult community in Venice.
ISSAQUAH, Wash. — The Wolff Company, an Arizona-based private equity firm and senior living developer, has broken ground on a 146-unit independent living community in the Seattle suburb of Issaquah.