TAMPA, Fla. — Allegro Management Company has hired Jennifer Butler as executive director of Renaissance Senior Living, an independent living, assisted living and memory care community in Tampa.
ROSSVILLE, Ga. — Popular Community Bank has provided a total of $7.5 million in financing for Parkside Skilled Nursing Facility, a 125-bed facility in Rossville, near the Tennessee border only five miles from Chattanooga.
FULLERTON, Calif. — The Richman Group of California Development Company has completed construction of Ventana, a 95-unit affordable seniors community in Fullerton.
TAMPA, Fla. — Colliers International’s National Seniors Housing Group has arranged the sale of Hanna Oaks, a 135-bed skilled nursing facility in Tampa, for $4.3 million.
DES MOINES, Iowa — Hubbell Realty Co. will break ground July 28 on Edencrest at Beaverdale, an assisted living and memory care community in Des Moines.
NEW YORK CITY — Popular Community Bank has provided term loans of $18 million and $13 million for Grand Healthcare System, a skilled nursing owner and operator in New York.
VIERA and TAMPA, Fla. — Watercrest Senior Living Group is preparing to open its first Market Street Memory Care Residences in Viera, along the coast east of Orlando, and also announced plans for a second memory care community under the new brand in Tampa.
BOSTON — Senior Housing Properties Trust (NYSE: SNH), the fifth-largest owner of seniors housing properties in the United States, has obtained a $620 million mortgage loan for two life sciences buildings in Boston’s Seaport District.
ISSAQUAH, Wash. — LCS Development, a developer of continuing care retirement communities (CCRCs) throughout the United States, has nearly completed the Phase II expansion of Timber Ridge at Talus, a CCRC in the Seattle suburb of Issaquah.
GLEN ALLEN, Va., and HARLEYSVILLE, Pa. — Green Courte Partners LLC, through its Green Courte Real Estate Partners IV fund, has acquired its first two senior housing communities for an undisclosed price.