CATSKILL, N.Y., and MORGAN CITY, La. — Capital Funding Group (CFG), a lender based in Baltimore, has closed bridge-to-HUD loans for seniors housing community acquisitions in rural New York and Louisiana.
PROSPECT HEIGHTS, Ill. — Greenbrier Senior Living has broken ground on Greenbrier of Prospect Heights, a 101-unit assisted living and memory care community in the Chicago suburb of Prospect Heights.
SAN DIEGO — Talmadge Gateway LP has acquired a 35,183-square-foot retail center in the San Diego submarket of Talmadge for $2.5 million. Wakeland Housing and Development Corp. will redevelop the site to incorporate a mix of retail and affordable residential units for disabled seniors.
CHASKA, Minn. — John Goodman, an author, speaker and chairman of The Goodman Group, passed away Sunday from complications following a heart attack. He was 66.
PENSACOLA, Fla. — Capital Senior Living Corp. has acquired two seniors housing communities totaling 179 units in the Florida panhandle town of Pensacola for $48 million.
DALLAS — Capital Senior Living Corp. (NYSE: CSU) has agreed to appoint a new, independent board member under the guidance of Lucus Advisors, an activist shareholder that has been publicly calling for a sale or other major changes to the company.
THONOTOSASSA, Fla. — Senior Living Investment Brokerage Inc. has arranged the sale of Stone Ledge Manor, a 51-unit assisted living and memory care community in the Tampa suburb of Thonotosassa, for $5.2 million.
MINNETONKA, Minn. — The AFL-CIO Housing Investment Trust (HIT) will invest $14.8 million into the Zvago Cooperative project, a 54-unit, four-story cooperative for seniors along the banks of Glen Lake in the Minneapolis suburb of Minnetonka.
CINCINNATI — Marcus & Millichap (NYSE: MMI) has arranged the sale of Scarlet Oaks, a 183-unit continuing care retirement community in Cincinnati.
HOQUIAM, Wash. — Blueprint Healthcare Real Estate Advisors has arranged the $2.6 million sale of Karr House, a 40-unit assisted living in Hoquiam, along the coast of Washington State approximately 110 miles southwest of Seattle.