CHARLESTON, S.C. — Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance team has arranged a $9.5 million construction loan for Benton House of West Ashley, a 59-unit seniors housing community in Charleston.
WAYLAND, Mass. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Wayland Nursing and Rehabilitation Center, a 40-bed skilled nursing facility in the Boston suburb of Wayland, for an undisclosed sum.
WESTMINSTER, Colo. — Covenant Retirement Communities has named Kent Mulkey as executive director of Covenant Village of Colorado, a faith-based, nonprofit continuing care retirement community in the Denver suburb of Westminster.
NEW YORK CITY — Sunrise Senior Living will be the operator of Hines and Welltower’s much-watched seniors housing development in Midtown Manhattan.
LIVINGSTON, N.J. — Atrium Health & Senior Living has purchased land and started construction of a post-acute care center and senior living community on the campus of Saint Barnabas Medical Center in the New York City suburb of Livingston.
MELISSA, Texas — Gardner Capital Development has unveiled plans for Gala, a 93-unit independent living community in Melissa, approximately 35 miles north of Dallas.
FRONT ROYAL, Va. — Commonwealth Assisted Living has announced a planned expansion of its community in Front Royal, located in the Shenandoah Valley approximately 70 miles west of Washington, D.C.
BURLINGTON, Iowa — Marcus & Millichap has arranged the sale of Rosebush Gardens, a 36-unit assisted living community in Burlington, for $3.7 million. Burlington is located along the Mississippi River near the Illinois and Missouri borders.
SEATTLE — Ziegler, a specialty investment bank, has closed $57.5 million in bonds for Bayview Manor Homes, the nonprofit operator of Bayview, a continuing care retirement community in Seattle’s Queen Anne neighborhood.
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired two seniors housing communities and two skilled nursing facilities in California’s Central Valley for approximately $34.4 million.