SACRAMENTO, Calif. — Holliday Fenoglio Fowler (HFF) has arranged $41.5 million in financing for a three-property seniors housing portfolio in Sacramento.
PHILADELPHIA — Berkadia has arranged $11.1 million in financing for Casa Farnese Inc. and PRD Management. The companies will use the capital to renovate Casa Farnese, an affordable seniors housing community in Philadelphia.
WALNUT CREEK, Calif. — Northern California Presbyterian Homes and Services is developing Viamonte, a 200-unit seniors housing community in the San Francisco Bay Area city of Walnut Creek.
COLORADO SPRINGS and AURORA, Colo. — New Dawn Memory Care has reopened its two memory care communities in Colorado Springs and Aurora.
HANOVER PARK, Ill. — Kinzie Builders, a division of Kinzie Real Estate Group, has been retained as general contractor for Verandah, a 55+, assisted living and memory care community in Hanover Park, approximately 35 miles northwest of Chicago.
LOCKPORT, N.Y. — Capital Funding Group, a lender based in Baltimore, has provided $6.7 million bridge loan for the acquisition of Briody Health Care Facility, an 82-bed skilled nursing facility in the Buffalo suburb of Lockport.
COLORADO SPRINGS, Colo. — Koelsch Communities is developing Springs Ranch Memory Care Community, a 72-unit memory care community in Colorado Springs, approximately 65 miles south of Denver.
ANKENY, Iowa — Hubbell Realty Company will soon begin construction of Siena Hills, a 13-acre development in the Des Moines suburb of Ankeny. The full development will offer single-family homes, townhomes and a 44-unit assisted living and memory care community.
OVERLAND PARK, Kan., and RICHMOND, Va. — GlynnDevins, an advertising and marketing agency specializing in senior living, has acquired two of its competitors: SB&A Integrated Marketing and Brooks Adams Research.
STAMFORD, Conn. — Benchmark Senior Living has partnered with The West Haven Medical Group to provide advanced practice registered nurse (APRN) services in the skilled nursing portion of Edgehill, a continuing care retirement community in Stamford.