SAN CLEMENTE, Calif — CareTrust REIT Inc. (NASDAQ: CTRE), a healthcare REIT focused on skilled nursing, has acquired three skilled nursing facilities in Southern California, and provided mortgage financing on a fourth.
READING, Mass. — Cushman & Wakefield has arranged the sale of Residence at Pearl Street, an 83-unit assisted living and memory care community in the Boston suburb of Reading, for an undisclosed price.
HUNT VALLEY, Md. — Omega Healthcare Investors (NYSE: OHI), a skilled nursing and assisted living REIT based in Hunt Valley, announced a third-quarter loss of $137.5 million on its earnings call on Monday, Oct. 30.
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ST. AUGUSTINE, Fla. — Cushman & Wakefield has arranged the sale of Glenmoor, a 223-unit seniors housing community in St. Augustine, approximately 40 miles south of Jacksonville.
CARY, N.C. — Liberty Senior Living, a division of Liberty Healthcare Group, has broken ground on Brightmore of Cary, a 311-unit continuing care retirement community (CCRC) in the Raleigh suburb of Cary.
PUTNAM COUNTY, Tenn. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $6.3 million HUD loan for an assisted living facility in Putnam County.
ADDISON, Texas — The board of directors of Senior Quality Lifestyles Corporation (SQLC) has appointed Joe Anderson as the company’s new president and CEO.
OXNARD, Calif. — iBorrow, a private commercial real estate lender, has provided a $12.5 million loan for an assisted living community currently undergoing major renovations in the Los Angeles suburb of Oxnard.
SCOTTSDALE, Ariz. — Cadence Senior Living has hired Allyson Nathan as vice president of sales and marketing.