Is the seniors housing industry currently undergoing a slow technological evolution or a rapid revolution?
Borrowers’ strong appetite for financing helps capital providers overcome headwinds.
LAKE OSWEGO, Ore. — Holiday Retirement has hired Dr. Bill Thomas to the newly created position of chief wellness officer. Thomas will work to improve programs and quality of life for both residents and staff at Holiday’s communities.
MORGAN HILL, Calif. — Steadfast Senior Living has unveiled plans for an unnamed, 67-unit assisted living and memory care community in the San Jose suburb of Morgan Hill.
DENVER — Blueprint Healthcare Real Estate Advisors, a Chicago-based brokerage firm, has partnered with Pamela Pyms and Hayden Behnke, both seniors housing real estate brokers in Denver.
BETHESDA, Md. — Walker & Dunlop Inc. (NYSE: WD), a Bethesda-based lender, has arranged $144 million in Fannie Mae financing for a seven-property affordable seniors housing portfolio in New Jersey.
MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI) has acquired five memory care facilities totaling 223 units in Texas and Illinois for $61.8 million.
ROCHESTER, N.Y. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 160-bed skilled nursing facility in Rochester. The name of the facility was not disclosed.
ROSWELL, Ga. — JE Dunn Construction has completed work on Clare Bridge at Chambrel, a memory care addition to the existing Brookdale Chambrel Roswell community in the Atlanta Suburb of Roswell.
LOS ANGELES — Watermark Retirement Communities has hired Jill Ford as the executive director of The Watermark at Beverly Hills.