TEMPE, Ariz. — Pacific Retirement Services (PRS) has received $252 million in bond financing for the construction of Mirabella at ASU, a 20-story continuing care retirement community (CCRC) on the campus of Arizona State University in Tempe.
CHICAGO — Ventas Inc. (NYSE: VTR) has completed the previously announced transition of 76 of its private-pay seniors housing communities to new management under Eclipse Senior Living.
VERO BEACH, Fla. — Watercrest Senior Living Group, a Vero Beach-based operator, has hired Kelly Hazlett as the company’s director of human resources and organizational development.
GRANDVILLE, Mich. — Leisure Living Management is set to open Grand Village Assisted Living and Memory Care, a 43,000-square-foot independent living, assisted living and memory care community in Grandville, located near Grand Rapids.
DES MOINES, Iowa — Lifespace Communities, a Des Moines-based owner-operator, has appointed Amy Brainard as director of The Lifespace Foundation. The entity seeks to improve the health and welfare of Lifespace residents through philanthropy.
The quality and quantity of lighting in a community has a subtle but crucial effect.
EAGLE, Idaho — The Wolff Company has broken ground on Revel Eagle, a 146-unit independent living community in the Boise suburb of Eagle.
CHICAGO — Tom Paprocki, CEO of Chicago-based investment bank Ziegler, has announced he will retire effective March 31, 2018. Dan Hermann, currently head of Ziegler’s investment banking division, will be add the roles of president and CEO upon Paprocki’s retirement.
LEXINGTON, Tenn. — Marico Holding LLC, operating as Americare Senior Living, has acquired two assisted living communities in Lexington, located midway between Memphis and Nashville. The price was not disclosed.
SCOTTSDALE, Ariz. — HJ Sims has arranged a $19 million refunding loan and $5 million non-revolving line of credit for Westminster Village, a nonprofit continuing care retirement community (CCRC) in Scottsdale.