FORT WORTH, Texas — Blueprint Healthcare Real Estate Advisors has brokered the sale of Southwest Nursing & Rehabilitation Center and West Side Campus of Care, both skilled nursing facilities in Fort Worth, for $27.5 million.
LIBERTY, Mo. — Senior Living Investment Brokerage has arranged the $2 million sale of an undisclosed skilled nursing facility in the Kansas City suburb of Liberty.
ALLEN, Texas — Drever Capital Management and The Alder Group have started construction of Alders at Twin Creeks, a 243-unit active adult community in the Dallas suburb of Allen.
HOUSTON and FORT WORTH, Texas — Love Funding has closed a $51.2 million in loans for The Wentwood Companies to refinance a four-property affordable multifamily portfolio in Houston and Fort Worth. Three of the properties are age-restricted.
BIRMINGHAM, Ala. — United Community Bank has expanded its specialized lending division with the addition of a four-person team specializing in seniors housing communities.
ELGIN, S.C. — Blake Management Group has hired Tiffany Bazen as executive director of The Blake at Woodcreek Farms, an assisted living and memory care community under construction in Elgin, 20 miles northeast of Columbia.
FLAGSTAFF, Ariz. — Welbrook Senior Living has started construction of a 50-bed skilled nursing facility in Flagstaff. Services at the facility will focus on transitional rehabilitation. Development costs were estimated at $13 million.
ROSWELL, Ga. — The Integral Group has selected a joint venture between McShane Construction Co. and IBG Construction to build The Veranda at Groveway, a 102-unit affordable seniors housing community in the Atlanta suburb of Roswell.
ATLANTA — Dixon Hughes Goodman LLP (DHG), a public accounting and advisory firm based in Charlotte, N.C., has hired John Brock as a partner in the firm’s Atlanta office.
SEATTLE — CBRE has arranged $60 million in acquisition financing for a joint venture between Capitol Seniors Housing and The Carlyle Group. The JV will use the funds to purchase a four-property seniors housing portfolio throughout the Seattle metro area.