MARYSVILLE, Ohio — Blueprint Healthcare Real Estate Advisors has brokered the sale of Milcrest Nursing Center, a 50-bed skilled nursing facility in the Columbus suburb of Marysville, for $2.6 million.
TOLEDO, Ohio — Quality Care Properties Inc. (NYSE: QCP), a Maryland-based seniors housing owner, has started the legal process to appoint an independent receiver to oversee operation of its skilled nursing, assisted living and memory care facilities currently managed by HCR ManorCare, a skilled nursing operator based in Toledo.
NEWNAN, Ga. — Watercrest Senior Living Group has announced plans for Watercrest Newnan, a 107-unit assisted living and memory care community in the Atlanta suburb of Newnan.
WEST YARMOUTH, Mass — Maplewood Senior Living will host a grand opening Wednesday, Aug. 23, for Mill Hill Residence, a Maplewood At Mayflower Place Community. The property offers 75 units of assisted living and memory care in the Cape Cod town of West Yarmouth.
TELFORD, Pa. — HJ Sims has completed a $32.1 million refinancing Lutheran Community at Telford (LCT), a continuing care retirement community in Telford, approximately 35 miles north of Philadelphia.
STONE MOUNTAIN, Ga. — Isakson Living has opened Park Springs Health Services in the Atlanta suburb of Stone Mountain, featuring Georgia’s first-ever, built-to-suit household model.
DENVER — Northstar Commercial Partners has completed Balfour at Stapleton, a 74-unit assisted living and memory care community in Denver’s Stapleton neighborhood.
INDIANA — Lancaster Pollard has arranged $158.4 million in financing for Trilogy Health Services. The loans will refinance a 10-property portfolio of seniors housing properties in Indiana.
VERO BEACH, Fla. — Watercrest Senior Living Group has hired Debra Gardner Hussey as the company’s new chief operating officer.
NEW YORK CITY — KeyBanc Capital Markets Inc., the corporate and investment banking unit of KeyCorp (NYSE: KEY), has agreed to acquire Cain Brothers & Co. LLC, a New York City-based investment banking firm focused on the healthcare industry, including seniors housing.