ARLINGTON, Texas — Dallas-based real estate firm Caddis has opened Heartis Arlington, an 81-unit assisted living and memory care community in Arlington.
MESA and APACHE JUNCTION, Ariz. — Madison Realty Cos. has purchased two seniors housing communities in the Phoenix suburbs of Mesa and Apache Junction for $14.8 million. The real estate investment firm made the acquisitions on behalf of Delaware Statutory Trust investors.
PENNSAUKEN, N.J. — Meridian Capital Group has arranged $20 million in financing for Kaplan Development Group to purchase Bentley Senior Living, an independent living, assisted living and memory care community in Pennsauken, directly across the Delaware River from Philadelphia.
RIVERBANK, Calif. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Riverbank Nursing Center, a 99-bed skilled nursing facility in Riverbank, approximately 90 miles east of San Francisco.
HILLIARD, Ohio — Spectrum Retirement Communities has opened Hilliard Assisted Living & Memory Care, a 100-unit assisted living and memory care community in the Columbus suburb of Hilliard.
TOLEDO, OHIO — Welltower Inc. (NYSE: HCN) has agreed to acquire a portfolio of properties on the West Coast operated by Vintage Senior Living for $1.15 billion. The transaction spans 2,590 units in 19 independent living, assisted living and memory care communities concentrated in Southern and Northern California and in the state of Washington.
PETALUMA, Calif. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired The Oaks, a 59-bed skilled nursing facility in the San Francisco suburb of Petaluma, for $6.9 million.
CROSSVILLE, Tenn. — Dominion Senior Living has cut the ribbon on Dominion Senior Living of Crossville, a 40-unit assisted living and memory care community in Crossville, located between Knoxville and Nashville.
MIDLAND, Texas — Senior Living Investment Brokerage has brokered the sale of an unnamed skilled nursing facility in the West Texas city of Midland for $2.9 million.
MONTGOMERY, Ala. — Meridian Capital Group has arranged $5 million in financing for Birchwood Health Care Properties to purchase Angels for the Elderly, a 64-unit memory care facility in Montgomery.