DES MOINES, Iowa — LCS has promoted David Laffey from senior vice president to executive vice president, at LCS Real Estate. Laffey was also appointed to the board of managers for Life Care Companies LLC.
GARLAND, Texas — KWA Construction has broken ground on Firewheel Senior Living Residences, a 154-unit seniors housing community in Garland, located in the Dallas-Fort Worth Metroplex.
JOHNSON CITY, SMYRNA and SHELBYVILLE, Tenn. — Capital One announced has provided three fixed-rate HUD loans totaling $27.2 million to Strawberry Fields REIT. The loans will refinance a portfolio of three skilled nursing facilities in Tennessee.
CHANDLER, Ariz. — Summit Healthcare REIT Inc. has acquired Pennington Gardens, a 90-bed assisted living and memory care facility in the Phoenix suburb of Chandler for $13.4 million.
BEAVERTON, Ore. — Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on MorningStar of Beaverton, a 104-unit assisted living and memory care community in the Portland suburb of Beaverton.
RIVERSIDE, Calif. — Lancaster Pollard has arranged a $6.5 million refinancing for Magnolia Grand, a 95-unit independent living community in Riverside, located in the Inland Empire region of California.
KEENE, N.H. — HJ Sims has closed $93 million in tax-exempt bonds, which will be used toward the development of Hillside Village, a continuing care retirement community (CCRC) in Keene.
NAPLES, Fla. ─ The Goodman Group has broken ground on Terracina Health & Rehabilitation, a 30-bed transitional care unit at its Terrancia seniors housing in Naples.
PONTE VEDRA, Fla. — Starling, a senior living owner and operator with communities in Florida and Tennessee, will soon break ground on a 140-unit independent living development in Nocatee, the a master-planned community in the Jacksonville suburb of Ponte Vedra.
RATHDRUM, Idaho — Senior Living Investment Brokerage has arranged the sale of Generations Assisted Living and Wellness, a 48-unit assisted living community in Rathdrum, for an undisclosed price.