WILDWOOD, Fla. — HJ Sims has provided $53 million in financing for the development of Trinity Springs, an assisted living and memory care community in Wildwood, approximately 50 miles northwest of Orlando.
PHOENIX — Bethel Development has selected Rainbow Housing Assistance Corp. to provide services for The Revello, a 76-unit senior living complex in Phoenix. The project is currently under construction, with a planned completion in 2019.
GLENVIEW, Ill. — Cambridge Realty Capital Cos. has arranged a $20 million bridge loan and $1 million asset-based loan to finance the acquisition of The Abington, a 192-bed skilled nursing facility in the Chicago suburb of Glenview.
LOUISVILLE, Ky. — Two major construction projects are underway at Masonic Homes of Kentucky, adding 170 additional units to its 82-acre continuing care retirement community (CCRC) campus in Louisville.
BOSTON — Marquis Health Services, the healthcare affiliate of Tryko Partners LLC, has assumed operational management of North End Rehabilitation and Healthcare Center in Boston.
GLEN ALLEN, Va. — Green Courte Partners has changed the name of Cadence at the Glen, an independent living community in the Richmond suburb of Glen Allen, to Verena at the Glen.
POMPTON PLAINS, N.J. — Erickson Living has named Todd Delaney as the new executive director of Cedar Crest, a 130-acre continuing care retirement community in the New York City suburb of Pompton Plains.
TAMPA and ORLANDO, Fla. — Griffin-American Healthcare REIT IV Inc., co-sponsored by American Healthcare Investors and Griffin Capital Co. LLC, has acquired a nine-property seniors housing portfolio totaling 1,140 units in Central Florida.
WESTPORT, Conn. — Maplewood Senior Living has promoted Tom Gaston to chief investment officer and Shane Herlet to chief operating officer.
SANTA FE, N.M. — Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on MorningStar of Santa Fe, an assisted living and memory care community in Santa Fe.