PHOENIX — McFarlin Group has acquired 6.9 acres of land in Phoenix for the development of an assisted living and memory care community. HealthSouth Corp. sold the plot for $2.7 million.
VISTA, Calif. — W Designed Developments has acquired a 2.6-acre plot in Southern California, with plans to develop a seniors housing community on the site.
IRVINE, Calif. — Justin Hutchens will leave his post as president of HCP (NYSE: HCP) to become CEO of HC-One, a major seniors housing operator in the United Kingdom. Hutchens will remain in his current role at HCP through June 1 to help with the transition and the first quarter earnings report.
STILLWATER, Minn. — Intergenerational Living & Health Care Inc. (ILHC) has acquired 57 acres of land in Stillwater, a Minneapolis suburb located along the Wisconsin border. The company plans to build The Lakes at Stillwater, a $70 million seniors housing community, on the plot.
SAN DIEGO — Independa Inc., a technology and communications company serving the seniors housing industry, has hired Jennifer Willey as chief business officer.
NAPLES, Fla. — Design and architecture firm Perkins Eastman has completed work on Moorings Park at Grey Oaks, a 75-unit independent living, assisted living and memory care community in Naples, located in Southwest Florida.
NASHVILLE, Tenn. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged $36.3 million in financing for the acquisition of two skilled nursing facilities located in Nashville.
PHOENIX — Sagewood, a luxury continuing care retirement community (CCRC) in North Phoenix, has broken ground on The Estates, a new neighborhood at the community.
IRVINE, Calif. — HCP (NYSE: HCP) has completed its previously announced sale of 64 Brookdale Senior Living-operated communities for $1.1 billion.
SAN LUIS OBISPO, Calif. — Life Care Services, as development and marketing consultant, has unveiled plans for Villaggio at San Luis Obispo, a luxury continuing care retirement community (CCRC) in San Luis Obispo, located in the Central Coast area between Los Angeles and the Bay Area.