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.
LEBANON, Ind. — Strawberry Fields REIT LLC has acquired Hickory Creek at Lebanon, a 64-bed skilled nursing facility in the Indianapolis suburb of Lebanon, for $1 million.