ORO VALLEY, Ariz. — Nonprofit owner/operator La Posada and architecture firm three: living architecture have unveiled plans for Nakoma Sky, a 268-unit independent living, assisted living and memory care community in Oro Valley, just north of Tucson.
MARIETTA, Ga. — NorthMarq Capital has arranged a credit enhancement and joint venture sponsor to finance the construction of The Arbor Terrace at Burnt Hickory, a 92-unit community in the Atlanta suburb of Marietta.
How can we effectively communicate the positive impact of seniors housing on both a national and local level?
IRVINE, CALIF. — HCP (NYSE: HCP), one of the largest healthcare real estate investment trusts in the United States, will spin off its HCR ManorCare portfolio of skilled nursing and assisted living assets into an independent, publicly traded REIT. The company’s board of directors approved the plan today.
WICHITA and OVERLAND PARK, Kan. — Anthem Memory Care has acquired Morningside Place in Overland Park and Chisholm Place in Wichita, both 66-bed memory care communities, for an undisclosed price.
BALTIMORE — Capital One Healthcare was administrative agent and lead bookrunner for a $110.5 million senior secured credit facility to support the acquisition of Spectrum Professional Services.
CYPRESS, Texas — Civitas Senior Living, Summerlin Asset Management and Consolidated Construction Co. have announced plans for Park Creek Independent Living, a 126-unit independent living community in the Houston suburb of Cypress.
Despite common wisdom that a more leads means more move-ins for seniors housing operators, recent research from marketing firm ProMatura Group and customer-relationship software company Sherpa shows this isn’t necessarily true. Instead, the research concludes, success is based on the amount of time and care spent with each lead.
CRYSTAL LAKE, Ill. — Harborview Capital Partners, a New York-based finance firm, has arranged an $8 million refinancing for The Springs at Crystal Lake, a 97-bed skilled nursing facility in Crystal Lake, approximately 50 miles northwest of Chicago.
ALEXANDRIA, Va., and IRVINE, Calif. — Argentum and HCP Inc. (NYSE:HCP) have announced a three-year corporate partnership to develop research related to the seniors housing industry.