CHICAGO — Meridian Capital Group has arranged $48 million in balance sheet financing for the purchase of a 609-bed skilled nursing home portfolio in Chicago.
REDMOND, Wash. — Emerald Communities, a nonprofit operator, has announced plans to add a new neighborhood named The Courtyard to its Emerald Heights continuing care retirement community in the Seattle suburb of Redmond.
RALEIGH, N.C. — K4Connect, the Raleigh-based tech company that offers the K4Community seniors housing technology, has hired Ellen Grantham as its chief financial officer.
SANTA BARBARA, Calif. — Integral Senior Living (ISL), a seniors housing operator, has been chosen to manage The Oak Cottage of Santa Barbara, a memory care community in Santa Barbara.
FORNEY, Texas — Greystone Real Estate Advisors has arranged the sale of Three Forks of Forney, a 60-unit assisted living and memory care community in the Metroplex city of Forney, for $12.5 million.
FLORENCE, Ky. — Dominion Senior Living, a faith-based operator headquartered in Knoxville, Tenn., has unveiled plans for Dominion Senior Living of Florence, a 61-unit assisted living and memory care community in the Northern Kentucky city of Florence.
NEW HARTFORD, N.Y. — HJ Sims, a Connecticut-based investment bank, has arranged an $8.5 million refinancing for Presbyterian Homes & Services. The loan restructures debt on Preswick Glen, a seniors housing community in the Utica suburb of New Hartford.
PARKLAND, Fla. — Allegro Senior Living, a St. Louis-based developer, has acquired an eight-acre parcel in the Miami suburb of Parkland to develop a 175-unit seniors housing community.
FAYETTEVILLE, Ga. — Senior Living Investment Brokerage has arranged the sale of Hope Center, a 64-unit memory care community in the Atlanta suburb of Fayetteville, for $11 million.
MINNEAPOLIS — Catholic Eldercare has unveiled plans to develop a 65-unit seniors housing property in Minneapolis.