OSCEOLA, Wis. — Lancaster Pollard has arranged a $7.1 million refinancing for Christian Community Homes in Osceola, located just across the state border from Minneapolis.
NEW YORK CITY — Institutional Property Advisors (IPA), a New York-based division of Marcus & Millichap, has arranged the sale of the leasehold interest of the McGuire portfolio, seven nursing homes in New York state and Michigan.
COVINGTON, La. — CBRE has arranged $14 million in financing for the construction of Avanti Senior Living at Watercross, a 90-unit assisted living and memory care community in the New Orleans suburb of Covington.
GLENCOE, Ala. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Meadowood Retirement Village, an 85-unit assisted living and memory care community in Glencoe, approximately 70 miles northeast of Birmingham.
WEBSTER GROVES, Mo. — Cushman & Wakefield Senior Housing Capital Markets Group has arranged the sale of Provision Living at Webster Groves, an 80-unit assisted living and memory care community in the St. Louis suburb of Webster Groves.
LINDON and SALT LAKE CITY, Utah — Ridgeline Management Co. has added two Osmond Senior Living properties to its operational portfolio, both in the Salt Lake City metro.
WEST POINT, Pa. — J. Mark Vanderbeck, CEO of Acts Retirement-Life Communities and a longtime leader in the nonprofit seniors housing industry, has passed away. His age and the cause of death were not disclosed, but Acts described the passing as “sudden.”
BOCA RATON AND ORLANDO, FLA. — Kayne Anderson Real Estate Advisors (KAREA) has entered into a definitive merger agreement under which affiliates of KAREA will acquire Sentio Healthcare Properties Inc. KAREA will acquire all of the outstanding shares of Sentio in an all-cash transaction valued at $825 million.
FORSYTH COUNTY, GA. — Greystar plans to develop a 300-unit apartment community and a 160-unit seniors housing property within Halcyon, a $370 million mixed-use development located off exit 12 on Ga. 400 in Forsyth County.
DOTHAN, Ala. — Methodist Homes of Alabama & Northwest Florida has completed $9 million in new construction and rehabilitation at Wesley Place at Honeysuckle in Dothan, located in the southeast corner of Alabama near the Florida panhandle.