NORTH WALES, Pa. — Oppenheimer Multifamily Housing & Healthcare Finance, the FHA/HUD lending division of Oppenheimer & Co. based in North Wales, has closed refinancing loans for seven skilled nursing facilities in Ohio. The loans total approximately $30.3 million.
ANAHEIM, Calif. — Kisco Senior Living has announced plans for a $16 million expansion to Emerald Court, a 194-unit independent living and assisted living community in the Los Angeles suburb of Anaheim.
SHREWSBURY, Mass. — Cushman & Wakefield Senior Housing Capital Markets has arranged $16.3 million in construction financing and joint venture equity for LCB Senior Living and Blue Moon Capital Partners. M&T Bank provided the capital.
CLEVELAND, Ohio — KeyBank Real Estate Capital, the commercial real estate business unit of KeyCorp (NYSE:KEY), has appointed Kevin Murray to lead marketing efforts for the company’s Healthcare Finance Group.
COLUMBUS, Ohio — Lancaster Pollard has promoted Chris Blanda to senior vice president. Blanda provides debt capital solutions to health care and senior living clients in Indiana and Kentucky.
FORT MYERS, Fla. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Lamplight Inn of Fort Myers, a 74-unit assisted living community in Fort Myers, for $5.7 million.
CHICAGO — BMO Harris Bank, a lender based in Chicago, has launched a healthcare real estate lending platform, through which the company plans to loan over $1 billion in coming years.
TACOMA, Wash. — Franke Tobey Jones, a 20-acre, 90-year-old, nonprofit continuing care retirement community in the Point Defiance neighborhood of Tacoma, has announced a three-phase expansion to the community.
CHICAGO — Alden Management Services (AMS), a seniors housing operator based in Chicago, has promoted Randi Schlossberg-Schullo to president and Robert Molitor to CEO.
AUBURN, Ala. — Senior Living Investment Brokerage (SLIB), a broker based in Illinois, has arranged the $16.5 million sale of a three-property seniors housing portfolio in Auburn, approximately 55 miles northeast of Montgomery.