SACRAMENTO, Calif. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged $14.5 million in financing for the construction of a 40-bed skilled nursing facility in Sacramento.
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired a five-property portfolio of skilled nursing facilities in Illinois for $29.2 million.
NORTHBROOK, Ill. — McShane Construction Co. has been selected to build the Phase IV construction of The Lodge of Northbrook, a seniors housing community in the Chicago suburb of Northbrook.
SANTA BARBARA — Senior Living Investment Brokerage has arranged the sale of Oak Cottage of Santa Barbara, a 44-bed memory care facility in Santa Barbara.
HIXSON, Tenn. — Dominion Senior Living has opened the doors on Dominion Senior Living of Hixson, a 64-unit assisted living and memory care community in the Chattanooga suburb of Hixson.
SAN CLEMENTE, Calif. — CareTrust REIT (NASDAQ: CTRE) has appointed Spencer Plumb as an independent Class III director to the company’s Board of Directors.
GUAYNABO, Puerto Rico — HJ Sims has added four new hires to its advisory team in Guaynabo: Roberto Feria Cestero as senior vice president of private client wealth management; Carlos Alvarado as vice president of investments; Maria “Magie” Mena as senior client service associate; and Adrian Fernandez as investment advisor.
BOWLING GREEN, Ky. — Lancaster Pollard, via its Propero Seniors Housing Equity Fund, has invested $12.2 million for the development of Arcadia of Bowling Green.
ATHENS, Tenn. — Dominion Senior Living, a faith-based operator of properties largely located in Tennessee, has hired Shannon Alvey as executive director of Dominion Senior Living of Athens.
WASHINGTON and OREGON — CBRE has arranged $72.5 million in financing for the acquisition of The Bonaventure Portfolio, five independent living and assisted living communities throughout the states of Washington and Oregon.