ATLANTA and WASHINGTON, D.C. — Arcapita, a global investment management firm, has acquired a portfolio of three senior living communities near Atlanta and Washington, D.C., for $110 million.
WASHINGTON, D.C. — The new regulation that would’ve qualified more salaried U.S. workers for overtime, set to go into effect Dec. 1, has been delayed.
MARSHALL TOWNSHIP, Pa. —The Waters, a Minneapolis-based senior housing developer and manager, has purchased an 18-acre site in the Pittsburgh suburb of Marshall Township. The company plans to construct a 143-unit seniors housing community on the plot.
BLUE POINT, N.Y. —HFF has arranged $29.5 million in construction financing for Phase II of The Vineyards at Blue Point, an active adult community in the Long Island town of Blue Point.
CHICAGO and WASHINGTON, D.C. — LeadingAge, an association representing nonprofit seniors housing operators, and Ziegler, an investment bank specializing in bond financing for nonprofits, have released the 2016 edition of LeadingAge Ziegler 150. The document ranks and analyzes the largest 150 nonprofit seniors housing operators in the United States.
NEW YORK CITY — Solvere Senior Living has been hired to manage The Brielle at Seaview, a 103,000-square-foot assisted living and memory care community in the New York borough of Staten Island.
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TRUSSVILLE, Ala. — Senior Living Investment Brokerage has arranged the $4.5 million sale of Sunrise Ridge, a 45-unit assisted living community in the Birmingham suburb of Trussville.
MONTCLAIR, Calif. — JCH Consulting Group has arranged the $15.5 million sale of a 119-unit assisted living and memory care community in the Los Angeles suburb of Montclair.