HILLSBOROUGH, N.J. — Kaplan Development Group LLC has started construction of The All American Assisted Living of Hillsborough, a 112-bed assisted living and memory care community in Hillsborough, located midway between New York City and Philadelphia.
VERO BEACH, Fla. — Watercrest Senior Living Group, an assisted living and memory care operator based in Vero Beach, has hired Lindsay Granson as vice president of sales.
NAPLES, Fla. — Beztak Land Co. and Integral Senior Living have unveiled plans for All Seasons Naples, a 187-unit independent living, assisted living and memory care community in Naples.
CARBONDALE and ANNA, Ill. — Capital One has provided two fixed-rate, HUD 232/223(f) loans totaling $10.3 million to refinance a 70-bed skilled nursing facility in Anna and a 131-bed skilled nursing facility in Carbondale. The names of the facilities were not disclosed.
HOT SPRINGS, Ark. — McGrew Properties will convert a long-abandoned skilled nursing facility in Hot Springs into a 25-unit independent living community with the assistance of a $224,000 affordable housing grant.
KENNETT SQUARE, Pa. — The Kendal Corp., one of the largest nonprofit seniors housing operators in the United States, has hired Colleen Ryan Mallon as the company’s chief marketing officer.
SANTA MONICA, Calif. — Wells Fargo Capital Finance, the asset-based lending division of Wells Fargo & Company (NYSE: WFC), has promoted Kevin Harbour within its Healthcare Finance Group.
CHICAGO — Berkadia , a Chicago-based Freddie Mac, Fannie Mae and HUD lender, has expanded its investment sales platform into the Seniors Housing and Healthcare Group.
BATAVIA, Ill. — Covenant Retirement Communities, a nonprofit seniors housing operator, has named Amanda Gosnell executive director of The Holmstad, a 38-acre continuing care retirement community in the Chicago suburb of Batavia.
FARNHAM, Va. — Commonwealth Assisted Living has announced plans to add six new memory care suites to Commonwealth Assisted Living at Farnham, the company’s existing community in Farnham, in eastern Virginia nestled between the Rappahannock River, Potomac River and Chesapeake Bay.