BRENTWOOD, Tenn. — The proposed $3 billion acquisition of Brookdale Senior Living (NYSE: BKD) by a Chinese investor has stalled amid funding problems for the buyer, according to a report by Financial Times.
BRADENTON, Fla. — Civitas Senior Living, a Texas-based senior living management and consulting company, has been awarded the managing contract for Élan Manatee, a 95-bed assisted living and memory care community in Bradenton.
TULSA, Okla. — KeyBank Real Estate Capital has arranged a $13 million Freddie Mac first mortgage loan for Legend at Tulsa Hills, an 86-unit seniors housing community in Tulsa.
KENNETT SQUARE, Pa. — Kendal Corp., a nonprofit seniors housing operator, has promoted Stephen Bailey to vice president for new business and development.
AUSTIN, Texas — Spectrum Retirement Communities has opened the doors on Lake Travis Independent Living, a 140-unit independent living community in Austin.
CARY, N.C. — HHHunt has opened Spring Arbor of Cary, an 80-unit assisted living and memory care community in the Raleigh suburb of Cary.
New options can improve resident experience, keep family members informed and connected
PORTLAND, Ore. — Granite Investment Group has acquired Tabor Crest, a two-property memory care company in East Portland, for an undisclosed price.
FORT WORTH, Texas — Civitas Senior Living has opened a welcome center on the site of The Ridglea, an assisted living and memory care community that is currently under construction.
SPRING LAKE PARK, Minn. — Dominium has started construction of Legends of Spring Lake Park, a 194-unit affordable seniors housing community in the Minneapolis suburb of Spring Lake Park.