NEW YORK CITY — New Senior Investment Group Inc. (NYSE: SNR) plans to sell 15 properties currently operated by LCS and Holiday Retirement for a total of $295.5 million.
RACINE, Wis. — Evergreen Real Estate Group has acquired Durand Plaza, a 72-unit affordable housing community for seniors and the disabled, for an undisclosed price. The property is located in the Milwaukee suburb of Racine.
CINCINNATI, OHIO — HJ Sims has negotiated new band and bond terms for Maple Knoll Communities (MKC), a non-profit operator based in Cincinnati.
TOLEDO, Ohio — Welltower Inc. (NYSE: HCN) has promoted John Goodey to the positions of executive vice president and chief financial officer. He will succeed Scott Estes, who is leaving Welltower to pursue other opportunities.
ANTIOCH, Calif. — CBRE has arranged acquisition financing for Cypress Meadows, a 110-unit assisted living and memory care community in Antioch, located approximately 40 miles northeast of San Francisco.
CULPEPER, LOUISA and WARRENTON, Va. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired three assisted living communities in Virginia for an undisclosed price.
ATLANTA — Pressures for seniors housing owners come from many sources, but the top two are labor issues and increasing numbers of communities in a market, according to panelists at InterFace Seniors Housing Southeast.
WESTMONT, Ill. — Pathway to Living has opened Aspired Living of Westmont, a 107-unit independent living, assisted living and memory care community in the Chicago suburb of Westmont.
LONG BEACH, Calif. — Killefer Flammang Architects (KFA) has completed Immanuel Place, an affordable seniors housing community in the Bluff Heights Historic District of Long Beach.
PEACHTREE CITY, Ga. — CBRE has arranged financing for Somerby Peachtree City, a newly delivered, Class A seniors housing property in the Atlanta suburb of Peachtree City. The amount and use of the loan were not disclosed.