VERO BEACH, Fla — Watercrest Senior Living Group, a Vero Beach-based seniors housing developer and operator, has hired Theresa Connor as director of clinical operations.
DOWNERS GROVE, Ill. — Lifespace Communities is set to begin a $150 million redevelopment at Oak Trace, a continuing care retirement community in Downers Grove, approximately 20 miles west of Chicago.
TEXAS — Hunt Mortgage Group, a New York City-based lender, has provided $27.6 million in loans to refinance a portfolio of eight skilled nursing facilities in Texas.
RYE, N.H. — National Health Investors Inc. (NYSE: NHI) has financed the acquisition of a 40-unit memory care community in Rye, located along the coast near the Maine border.
PHOENIX — Cathedral Development Group has completed the $33 million conversion of a historic luxury hotel in Phoenix into The Historic Westward Ho Apartments, an affordable seniors housing community.
WILDWOOD, Fla. — American House Senior Living Communities has acquired American House Wildwood, a 173-unit independent living community in Wildwood, approximately 50 miles northwest of Orlando.
TAVARES and CLERMONT, Fla. — Allegro Management Co. has taken over the operations of Osprey Lodge in Tavares and Crane’s View Lodge in Clermont.
KIRKLAND, Wash. — Columbia Pacific Advisors, a Seattle alternative investment firm, has sold Talyst Systems LLC, a pharmacy automation solution based in Kirkland, Wash. Swisslog Healthcare, a global supplier of medication management and supply chain solutions and services, acquired the business for an undisclosed price.
One Size Doesn’t Fit All: Understanding Your Senior Customer Base
HUNTSVILLE, Ala. — LifeCenters Communities for Seniors has planned a 190-unit independent living, assisted living and memory care community within its Hampton Cove master-planned development in Huntsville.