ATLANTA — CBRE Capital Markets’ National Senior Housing team has arranged the sale of Renaissance on Peachtree, a 229-unit independent living and assisted living community in Atlanta, to American Realty Capital Healthcare Trust III LLC (ARC) for $78.6 million.
IRVINE, Calif. — HCP Inc. (NYSE: HCP) has promoted Troy McHenry to the position of executive vice president, general counsel and corporate secretary, replacing James Mercer, the company’s chief administrative officer who plans to retire in February.
In an environment marked by robust development and tenuously low interest rates, now is a time of action for owners of seniors housing properties, according to the 2016 Seniors Housing Market Outlook from Senior Living Investment Brokerage.
To be a great operator, all organizational elements must work in synchronization
Welltower CEO leads strategy to partner with top operators to promote wellness in seniors
The number of units increased by 8 percent over a 12-month period in the nation’s largest 99 markets, NIC data shows
By preserving certain cultural elements, developers are strengthening the bonds among seniors and creating a homey atmosphere
Financing for affordable seniors housing falls short despite strong consumer demand, forcing creative solutions
Non-traded REIT sells off industrial assets in order to invest heavily in seniors housing
BROCKPORT and QUEENSBURY, N.Y. — Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in institutional and major private real estate investors, has arranged the $48 million sale of two memory care and assisted living communities in New York State.