TAMPA and OVIEDO, Fla. — Aztec Group Inc. has arranged $5.1 million in loans to refinance two memory care communities, each totaling 20 units, in Florida. The borrower is a joint venture between Mayan Properties, Facility Investments and National Healthcare Associates.
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) has released the 2017 version of the ASHA 50, which ranks the largest 50 owners and operators of seniors housing communities in the United States.
IRVINE, Calif. — HCP Inc. (NYSE: HCP), one of the largest healthcare REITs in the United States, has made several changes to its executive leadership.
EVANS, Ga. — Charter Senior Living has taken over management of Camellia Walk Assisted Living & Memory Care in Evans, a suburb of Augusta near the South Carolina border.
LOS ANGELES — C.W. Driver Cos. has completed construction of Fountainview at Gonda West, a luxury continuing care retirement community in Los Angeles’ Playa Vista neighborhood.
VALDOSTA, Ga., and DURHAM, N.C. — Capital One has provided a $16.3 million loan to PruittHealth. The financing will refinance three skilled nursing facilities and an intermediate care facility for those with disabilities in Valdosta, as well as a skilled nursing facility in Durham.
ALEXANDRIA, Va. — Argentum has named Angela Kennedy as the association’s vice president of quality and accreditation, a newly created position. Kennedy will build on the work of Argentum’s Phase 1 Standards, which address key imperatives designed to complement state laws and regulations regarding seniors housing.
SUGAR LAND, Texas — Greystar has completed development of Overture Sugar Land, a 200-unit active adult community in the Houston suburb of Sugar Land.
POMONA, Calif. — Integrity Housing has opened Olivera Senior Apartments, an 84-unit affordable seniors housing community in the Los Angeles suburb of Pomona.
CHAMBLEE, Ga. — Bank of America has provided a $28,000 grant to Mercy Housing Southeast (MHSE), an affordable housing nonprofit currently developing a 79-unit property for seniors in the Atlanta suburb of Chamblee.