NEW PROVIDENCE, N.J. — Erickson Living, a continuing care retirement community (CCRC) developer and operator, has opened the doors on Lantern Hill, a 360-unit CCRC in New Providence, approximately 30 miles west of New York City.
MONUMENT, Colo. and FRISCO, Texas — Bethesda Senior Living Communities, a Colorado Springs-based nonprofit developer and operator, has broken ground on Bethesda Gardens Monument, a 60-unit assisted living and memory care community in the Colorado Springs suburb of Monument.
DENVER — MidCap Financial, a specialty finance firm based in Bethesda, Md., has acquired Pineview Capital Group, a Denver-based HUD lender specializing in seniors housing and other multifamily and healthcare lending.
BELTON, Mo. — Tutera Senior Living & Health Care will break ground next week on the $9.5 million Carnegie Village Rehabilitation and Health Care in Belton, located in the Kansas City metro area.
CHICAGO — Lancaster Pollard has opened a new office in Chicago, where Brett Murphy will serve as the primary healthcare banker for the state of Illinois.
CHICAGO — What are the best buying opportunities today for investors in the seniors housing space? The answer begins with an understanding of the deals that are among the least attractive, according to veteran broker Ryan Saul.
STILLWATER, Okla. — Ziegler, a specialty investment bank, has arranged $111 million in tax-exempt bonds for Epworth Living at The Ranch, a continuing care retirement community (CCRC) in Stillwater, approximately 60 miles north of Oklahoma City and west of Tulsa.
CHARLESTON, S.C. — Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance team has arranged a $9.5 million first mortgage loan for Benton House.
CREST HILL, Ill. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Willow Falls Senior Living, a seniors housing community in Crest Hill, approximately 40 miles southwest of Chicago.
VIRGINIA BEACH, Va. — Kisco Senior Living has opened the new renovations to the independent living common areas at First Colonial Inn, an assisted living and independent living community in Virginia Beach.