CHICAGO, ROBBINS and ROCKFORD, Ill. — Senior Living Investment Brokerage Inc. (SLIB) has arranged the $49 million sale of four supportive living communities in Illinois.
CHEHALIS, Wash. — National Health Investors Inc. (NYSE: NHI) has acquired a 98-unit independent living community in Chehalis, approximately 90 miles southwest of Seattle, for $9.8 million. The name of the community was not disclosed.
By Matt Valley and Jeff Shaw Hunt Mortgage Group services a commercial loan portfolio of $11 billion and has 16 offices across the United States. But until recently, the New York-based lender had a gap in its portfolio — seniors housing.
CHANDLER, Ariz. — Medical Development Partners has unveiled plans for Parkland Memory Care, a 72-bed memory care community to be built in the Phoenix suburb of Chandler. Development costs were not disclosed.
DENVER and COLORADO SPRINGS, Colo. — A joint venture of Arcapita, a global investment management firm, and MorningStar Senior Living, an owner/operator based in Denver, has acquired a three-community seniors housing portfolio in Denver and Colorado Springs for $85 million.
TAMPA, Fla. — Cushman & Wakefield’s Equity, Debt & Structured Finance group has arranged a $28.7 million acquisition and re-development financing for Renaissance Senior Living, a 226-unit community in Tampa.
CHICO, Calif. — CBRE Multifamily Capital has originated a $32.3 million loan for The Terraces Senior Living, a 138-unit independent living and assisted living community in Chico, approximately 90 miles north of Sacramento.
RICHMOND, Ind. — Mainstreet, an Indiana-based developer of skilled nursing and rehabilitation facilities, has opened the doors on The Springs of Richmond, a 70-bed property in Richmond, which is located midway between Indianapolis and Columbus, Ohio.
LONG GROVE, Ill. — William A. Randolph Inc., a commercial contractor, has broken ground on Long Grove Senior Care, a 100-unit assisted living and memory care community in the Chicago suburb of Long Grove.
FARMINGTON, Conn. —HJ Sims has arranged $42 million in taxable bonds for Athena Health Care, a Farmington-based owner/operator of 29 skilled nursing facilities in Connecticut, Massachusetts and Rhode Island.