DES MOINES, Iowa — Lifespace Communities, a nonprofit operator of continuing care retirement communities, has hired Jodi Bleier as vice president of financial operations and strategic growth and Brian Devlin as director of design, construction and development.
BRENTWOOD, Tenn. — Heritage Investment Partners, an investment group based in Tennessee, has purchased a 70 percent stake in The Heritage at Brentwood, a 283-unit continuing care retirement community in the Nashville suburb of Brentwood.
Seniors Housing Business and France Media’s InterFace Conference Group will hold the second annual InterFace Seniors Housing West conference March 3 at the Omni Los Angeles.
TOLEDO, Ohio — Welltower Inc. (NYSE:HCN), the largest healthcare REIT in the U.S. based on market cap, has appointed longtime financial real estate financing veteran Kenneth Bacon to its Board of Directors.
NEWTON, Pa. — A joint venture between Care Investment Trust and affiliates of Heritage Senior Living have acquired The Birches at Newtown, a 120-bed assisted living and memory care community in Philadelphia suburb of Newton. CBRE arranged acquisition financing of $28 million for the transaction.
EVERSHAM, N.J. — Wohlsen Construction Company, a Pennsylvania-based contractor, and Artis Senior Living, a Virginia-based developer, have completed construction of Artis Senior Living of Eversham.
SAN CLEMENTE, Calif. — CareTrust REIT Inc. (NASDAQ:CTRE) has acquired a portfolio of nine skilled nursing facilities in Iowa for $32.7 million.
GOUVERNEUR, N.Y. — KeyBank has provided $28.6 million in financing for Cambray Court Apartments, an affordable seniors housing redevelopment in Gouverneur, in far northern New York near the Canadian border.
CHICAGO — Care Capital Properties Inc. (NYSE:CCP), the Chicago-based skilled nursing REIT that spun off of Ventas last year, has refinanced or swapped a total of $600 million of debt.
IRVINE, Calif. — WNC, an Irvine-based investor specializing in low-income housing tax credits (LIHTC) including seniors housing, has closed WNC Institutional Tax Credit Fund 41 L.P., a $114.7 million institutional LIHTC fund.