GREENDALE, Wis. — Evans Senior Investments (ESI) has arranged the sale of Clifden Court, a 92-unit assisted living and memory care community in the Milwaukee suburb of Greendale, for an undisclosed price.
RALEIGH, N.C. — K4Connect, a technology company serving seniors and the seniors housing industry, has hired Chris Romick as director of growth. Romick will report to Derek Holt, president of K4Connect.
IRVINE, Calif. — HCP Inc. (NYSE: HCP) has unveiled a plan to “significantly reduce” its concentration of Brookdale-operated seniors housing communities.
SUMMERFIELD, Fla. — Colliers International has arranged the $4 million sale of Summerfield Suites, a 42-unit assisted living community in Summerfield, approximately 65 miles northwest of Orlando.
ACWORTH, Ga. — BMO Harris Bank’s Healthcare Real Estate Finance group has arranged $40 million in construction and mini-perm financing for the development of a 208-unit independent living community in the Atlanta suburb of Acworth.
WASILLA, Alaska — Boston Capital is investing an undisclosed sum in the construction of Vista Rose II Apartments, a 36-unit affordable community for seniors in Wasilla, approximately 40 miles northeast of Anchorage.
FARMINGTON, N.M. — Welbrook Senior Living has started construction of its second transitional rehabilitation facility, located in Farmington in the northwest corner of New Mexico.
CHICAGO — Ventas (NYSE: VTR) is planning to transfer operations of 30 of its communities from Elmcroft Senior Living to a new company led by industry veteran Kai Hsiao, according to Ventas CEO Deb Cafaro on this week’s third-quarter earnings call.
BRENTWOOD, Tenn. — The proposed $3 billion acquisition of Brookdale Senior Living (NYSE: BKD) by a Chinese investor has officially died, according to a report by Bloomberg.
FORT MILL, S.C. — Blake Management Group has announced plans for The Blake at Baxter Village, an independent living, assisted living and memory care community in the Charlotte suburb of Fort Mill.