WALPOLE, Mass. — A joint venture between Benchmark Senior Living and Farallon Capital Management has acquired New Pond Village, a continuing care retirement community (CCRC) in the Boston suburb of Walpole.
ORO VALLEY and GILBERT, Ariz. — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has broken ground on seniors housing communities in the Tucson suburb of Oro Valley and the Phoenix suburb of Gilbert.
RICHMOND HEIGHTS, Mo. — Allegro Senior Living has opened the doors on an 87-unit assisted living and memory care community in the St. Louis suburb of Richmond Heights.
TULSA, OKLA. — KeyBank Real Estate Capital has provided a $9.1 million HUD loan to LEDIC Realty Co. for the rehabilitation of Quail Creek Villa, an affordable seniors housing community in Tulsa.
SPOKANE VALLEY, Wash. — Enlivant has opened the doors on the recently renovated Ridgeview Place, an assisted living and memory care community in Spokane Valley, near the border between Washington and Idaho. Enlivant and its subsidiaries operate nearly 230 senior living communities, representing 11,000 units across 27 states.
CROFTON, Md. — HHHunt has broken ground on Spring Arbor of Crofton, an assisted living and memory care community in Crofton, located between Baltimore and Washington, D.C.
SOUTHERN CALIFORNIA — Meridian Capital Group has arranged $39 million in bridge loans to refinance of a two-property, 355-bed skilled nursing portfolio in Southern California. The specific names and locations of the properties were not disclosed.
PORTLAND, Ore. — Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance Group has arranged a total of $24.3 million in financing for the acquisition of Hawthorne Gardens and Pacific Pointe Retirement Inn, both located in Portland.
SKOKIE, Ill. — Covenant Retirement Communities, a nonprofit, faith-based owner-operator based in Skokie, has hired Jody Holt as chief financial officer and Janine Wilson as chief operating officer.
GLENDALE, Ariz. — Investment bank HJ Sims has provided $5.1 million in financing for the construction of an independent living community in the Phoenix suburb of Glendale.