GRAYSLAKE, Ill. — CA Ventures LLC and Pathway Senior Living have opened Travanse Living at Grayslake, a 96-unit assisted living and memory care community in Grayslake, located approximately midway between Chicago and Milwaukee.
VIENNA, Va. — Love Funding has arranged a $19 million loan for renovations to Tysons Tower, a 274-unit affordable seniors housing community in the Washington, D.C. suburb of Vienna.
BOSTON — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged an $11.4 million HUD loan for a 120-bed skilled nursing facility in the greater Boston area.
SAN FRANCISCO — Cushman & Wakefield Senior Housing Capital Markets Group has arranged the $25 million sale of Hayes Valley Senior Living, a 52-unit, two-property assisted living portfolio in San Francisco.
BRYN MAWR, Pa. — Lancaster Pollard has closed an $8.4 million loan to refinance debt on Bryn Mawr Terrace, a seniors housing community in the Philadelphia suburb of Bryn Mawr.
HENDERSONVILLE, N.C., and SPARTANBURG, S.C. — Greystone Real Estate Advisors has closed the sale of Brookdale Hendersonville in North Carolina and Brookdale Skylyn in South Carolina, for $33 million.
WETCHESTER COUNTY and NASSAU COUNTY, N.Y. — Capital Funding Group (CFG), a Baltimore-based lender, has arranged $62.9 million in bridge loans for two skilled nursing facilities in New York State.
RALEIGH, N.C. — K4Connect, the Raleigh-based tech company that offers the K4Community seniors housing technology, has added Ben Yu and Stephen Morton to its board of directors.
There are three interrelated facts that separate skilled nursing facility (SNF) finance from other kinds of commercial real estate lending.
TOLEDO, Ohio — Welltower Inc. (NYSE: HCN) has announced major shake-ups in its C-Suite, extending CEO Thomas DeRosa’s contract for three years while eliminating the chief investment officer and chief operating officer positions currently held by Scott Brinker and Jeffrey Miller, respectively.