PHOENIX —Life Care Services and Westminster Funds have completed the $13.2 million addition of 60 units of skilled nursing and memory care to Sagewood, a continuing care retirement community (CCRC) in Phoenix.
BRAZIL, Ind. — Exceptional Living Centers has opened the doors on Towne Park Assisted Living of Brazil, a 42-unit assisted living community in Brazil, approximately 60 miles southwest of Indianapolis.
NEWTON, Mass. — The RMR Group Inc. (NASDAQ: RMR) has announced its plan to move the stock of all its managed companies from the New York Stock Exchange to the Nasdaq Stock Market. RMR’s managed companies include seniors housing owner Senior Housing Properties Trust and operator Five Star Senior Living.
PRAIRIE VILLAGE, Kan. — Tutera Senior Living & Health Care will soon break ground on Mission Chateau Senior Living, an independent living, assisted living and memory care community in the Kansas City suburb of Prairie Village.
CBRE Arranges $39.9M Loan for Acquisition of 276-Unit Independent Living Community Near Philadelphia
HARLEYSVILLE, Pa. — CBRE Capital Markets has arranges a $39.9 million loan for Green Courte Partners, which will use the financing to acquire Arbour Square of Harleysville, a 276-unit independent living community in the Philadelphia suburb of Harleysville.
BROWN DEER, Wis. — New Perspective Senior Living has nearly finished work on a 133-unit independent living, assisted living and memory care community in the Milwaukee suburb of Brown Deer. The community is scheduled to open in early August.
SHAVANO PARK, Texas — Integral Senior Living and Meridian Realty Advisors have opened the doors on Shavano Park Senior Living, a 68-unit assisted living and memory care community in the San Antonio suburb of Shavano Park.
BEDFORD, Ohio — Greystone’s Real Estate Advisors group has arranged the sale of Woodside Village, a 211-unit assisted living and memory care community in the Cleveland suburb of Bedford, for $6.5 million.
GREEN, Ohio — Bellwether Enterprise Real Estate Capital LLC has arranged a $9.4 million loan to refinance Greenview Senior Assisted Living, a 99-unit assisted living and memory care community in Green, located midway between Akron and Canton.
CHICAGO — Harrison Street Real Estate Capital LLC, a private equity firm, has purchased the “Nellie Black” property at the former Children’s Memorial Hospital in the Lincoln Park neighborhood of Chicago. Harrison Street plans to partner with operator Belmont Village Senior Living to convert the property into a seniors housing property named Belmont Village Lincoln Park.