BALTIMORE, Md. — Capital Funding Group has provided three bridge-to-HUD loans and a mezzanine loan in the seniors housing sector totaling $27.5 million.
KATY, Texas — Blue Moon Capital Partners LLC and LCS have formed a joint venture to build The Delaney at Parkway Lakes, a 207-unit independent living, assisted living and memory care community in Katy, approximately 30 miles west of Houston.
LOS GATOS, Calif. — American Baptist Homes of the West (ABHOW) has hired Tyler Ichien as executive director at The Terraces of Los Gatos, a continuing care retirement community (CCRC) in the San Jose suburb of Los Gatos.
OLATHE, Kan. — Mainstreet, an Indiana-based skilled nursing developer, and The Ensign Group, a California-based operator, have opened The Healthcare Resort of Olathe, a 100-bed skilled nursing facility in the Kansas City suburb of Olathe.
MOORESVILLE, Ind. — Mainstreet, a skilled nursing developer based in Indiana, and Trilogy Health Services, an operator based in Kentucky, have completed construction of The Springs of Mooresville, a 70-bed skilled nursing facility in Mooresville, a suburb of Indianapolis.
YORK, Pa. — Presbyterian Senior Living has opened the doors on Westminster Place at Queen Street, a 50-unit affordable seniors housing community in York, approximately 100 miles west of Philadelphia.
CARLSBAD, Calif. — Kisco Senior Living, a Carlsbad-based operator of 21 communities in California, Florida, Hawaii, North Carolina, Texas, Utah and Virginia, has hired J. Mark Dressel as chief financial officer.
LAKE WORTH, Fla. — Walker & Dunlop Inc. (NYSE: WD) has arranged a $68.2 million loan for the construction of Atria Villages of Windsor, a luxury independent living, assisted living and memory care community to be built in the Palm Beach County town of Lake Worth.
GRESHAM, Ore. — CBRE Capital Markets has arranged the sale of Courtyard Fountains, a 252-unit independent living and assisted living community in the Portland suburb of Gresham, for $55.5 million.
CARMEL, Ind. — Mainstreet, a skilled nursing investor, developer and operator based in Carmel, has hired Dr. Bill Thomas as director of innovative healthcare for the Mainstreet Health, the company’s operations branch.