IRVINE, Calif. — HCP (NYSE: HCP), the fourth largest owner of seniors housing properties in the United States, has hired Shawn Johnston as senior vice president and chief accounting officer (CAO).
DALLAS — Capital Senior Living Corp. (NYSE: CSU), one of the country’s largest operators of senior living communities, has hired Brett Lee as executive vice president and chief operating officer (COO). Lee replaces Keith Johannessen, who passed away in December.
NEW YORK CITY — Greystone, a real estate lending, investment and advisory company, has provided a $29 million HUD-insured permanent loan for Sapphire Center for Rehab & Nursing of Central Queens, a skilled nursing facility in the Flushing area of Queens.
COEUR D’ALENE, Idaho — Lancaster Pollard’s Propero Seniors Housing Equity Fund II has acquired Creekside Inn, a 38-unit, 65-bed memory care facility in Coeur d’Alene, approximately 30 miles east of Spokane, Wash.
COMMACK, N.Y. — The New York State Department of Health has approved the start of resident reservations at Fountaingate Gardens, a continuing care retirement community (CCRC) under development in Commack, which is on Long Island.
WHEAT RIDGE, Colo., and ALBUQUERQUE, N.M. — Confluent Senior Living, a subsidiary of Denver-based Confluent Development, has sold two of its communities, MorningStar of Wheat Ridge and MorningStar of Albuquerque.
SEATTLE — Technology investor Silver Lake and equity firm General Atlantic have agreed to acquire A Place For Mom, a Seattle-based seniors housing referral service. The seller is the company’s current main investor, Warburg Pincus. The price was not disclosed.
BLUE RIDGE, Ga. — Senior Living Investment Brokerage has arranged the sale of Blue Ridge Assisted Living for $17 million.
CHASKA, Minn. — The Goodman Group, a seniors housing and multifamily developer, has promoted Bill Howell to director of operational development within its subsidiary, JBG Design & Development.
LONG BEACH, Calif. — iBorrow, a private commercial real estate lender, has provided a $9.3 million bridge loan for an assisted living community’s renovations in the Los Angeles suburb of Long Beach.