OLATHE, Kan. — CA Ventures LLC and Pathway Senior Living have opened Travanse Living at Olathe, a 132-unit assisted living and memory care community in Olathe, approximately 25 miles southeast of Kansas City.
IRVINE, Calif. — WNC, an Irvine-based national investor in real estate and community development, has closed WNC Institutional Tax Credit Fund 42 L.P., a $102 million institutional low-income housing tax credit (LIHTC) fund.
LAKEWOOD RANCH, Fla. — Senior Lifestyle Corp. has opened The Sheridan at Lakewood Ranch, a 121-unit assisted living and memory care community in Lakewood Ranch, approximately 50 miles south of Tampa.
EL PASO, Texas — Medistar Corp. is a developing a new VibraLife seniors housing community located at 3421 Joe Battle Blvd. in El Paso.
Lenders who make their money on bridge loans will need to change their approach
TRUSSVILLE, Ala. — Doster Construction Co. has broken ground on a $5.3 million independent living and assisted living community in the Birmingham suburb of Trussville.
CHARLOTTE, N.C. — Laurel Street Residential, a Charlotte-based affordable housing developer has broken ground on a 112-unit affordable multifamily community in the Belmont neighborhood of Charlotte.
NEW YORK CITY — Meridian Capital Group, a debt broker based in New York, has arranged $135.5 million in loans for Continuum Healthcare to refinance a six-property portfolio of skilled nursing homes in New Jersey and Pennsylvania.
TAMPA, Fla. — Global real estate services firm Cushman & Wakefield has added Paul Carr as a senior managing director with the company’s seniors housing-focused team in Tampa.
ASHBURN, Va. — Erickson Living has promoted Craig Karczmer to the position of executive director of Ashby Ponds, a continuing care retirement community in the Washington, D.C. suburb of Ashburn.