LAKEWOOD, New Jersey — Life Care Services has announced plans for a $38 million expansion and renovation of Harrogate, a continuing care retirement community in Lakewood, located south of New York City and east of Philadelphia.
LAWRENCEVILLE, Ga. — Mansions Senior Living has broken ground on The Mansions at Gwinnet Park Senior Community, a 19.1-acre seniors housing community in the Atlanta suburb of Lawrenceville.
GARNET VALLEY, Pa. — Sims Mortgage Funding, a subsidiary of HJ Sims, has arranges a $4 million loan for Naamans Creek Country Manor, a 90-bed skilled nursing facility in Garnet Valley, located near the Delaware border between Philadelphia and Wilmington.
DALLAS — Caddis, a healthcare real estate firm headquartered in Dallas, has hired Christine Gorham as director, Southeast region.
DELAWARE and OREGON — Lancaster Pollard has arranged $55.1 million in FHA Section 232/223(f) loans to refinance four Summit Healthcare REIT properties in Delaware and Oregon. The program provides for the acquisition and refinancing of healthcare properties including licensed skilled nursing facilities, assisted living, intermediate care facilities, board and care, and combinations thereof.
CHANDLER, Ariz. — LCS, Harrison Street Real Estate Capital and Ryan Cos. US Inc. have started construction of Clarendale of Chandler, a 262,000 square-foot seniors housing community in the Phoenix suburb of Chandler.
DELRAY BEACH, Fla. — Kaufman Lynn Construction has promoted Tayler Novick to human resources manager. The Delray Beach-based general contractor specializes in the multifamily, senior living, country club, education, municipal, healthcare, faith-based, retail and commercial markets.
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DEDHAM, Mass. — HJ Sims has arranged $240 million in fixed-rate bond financing for NewBridge on the Charles, a continuing care retirement community in the Boston suburb of Dedham.
DURHAM, N.C. — CBRE has arranged $12.2 million in acquisition financing for Bartlett Reserve, a 100-unit independent living community in Durham. The borrower was Focus Healthcare Partners LLC.