EL PASO, Texas — CBRE has arranged a $30 million refinancing for a portfolio of four SunRidge independent living, assisted living and memory care communities in El Paso.
MOOSIC, Pa. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Oakwood Terrace, a 35-unit memory care community in the Scranton suburb of Moosic, for $8.5 million.
DALLAS — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired four skilled nursing facilities in metro Dallas for $95.9 million.
BENSALEM, Pa. — Juniper Communities has acquire Wood River Village Retirement Community, a 356-unit continuing care retirement community (CCRC) in the Philadelphia suburb of Bensalem, for $13.7 million.
ORLANDO, Fla. — Sonata Senior Living, an Orlando-based owner, developer and operator, will assume management of four HCP-owned assisted living and memory care communities in South Florida.
DOTHAN, Ala. — Methodist Homes of Alabama & Northwest Florida has completed construction of The Rehab Inn, a 16-unit rehabilitation expansion at Wesley Place on Honeysuckle, an assisted living, memory care and skilled nursing community in Dothan.
CRANBERRY TOWNSHIP, Pa., and RIDGEFIELD, Conn. — Formation Development Group, an Atlanta-based senior living developer and investor, will soon break ground on seniors housing projects in the Pittsburgh suburb of Cranberry Township and Ridgefield, approximately 60 miles northeast of New York City.
SKOKIE, Ill. — Covenant Retirement Communities, a nonprofit operator based in Skokie, has hired Jay Hibbard as senior vice president of sales, marketing and communications, and Fran Palma as senior vice president of digital strategies.
CARMEL, Ind. — Mainstreet, a skilled nursing developer and investor, has hired three new executives to its Carmel headquarters.
BIRMINGHAM, Ala. — Methodist Homes of Alabama & Northwest Florida has unveiled plans to renovate, expand and rebrand Fair Haven, a continuing care retirement community in Birmingham.