HOLTSVILLE and LAKE SUCCESS, N.Y. — Harrison Street Real Estate Capital LLC, a private equity firm based in Chicago, is partnering with developer and operator Engel Burman to develop two new seniors housing communities on New York’s Long Island.
AUSTIN, Texas — studioSIX5, a seniors housing interior design firm based in Austin, has hired John Greenlee for the newly created position of studio design manager.
COLUMBUS, Ohio — Lancaster Pollard, a financial services firm based in Columbus, has promoted Robert Baxter and Ryan Miles to senior vice president positions.
SUMMERVILLE, S.C. — Mississippi-based developer Cardinal Ventures is set to break ground on The Blake at Carnes Crossroads, an assisted living and memory care community to be built in the Charleston suburb of Summerville.
IRVINE, Calif. — WNC, an investor specializing in low-income housing tax credits (LIHTC) including seniors housing, has hired Kelly Henderson as senior vice president of originations for the Northeast. Henderson previously spent nine years with the Irvine-based company as senior vice president in acquisitions.
PORT TOWNSEND and BUCKLEY, Wash. — Lancaster Pollard has secured two HUD loans totaling $10.4 million to refinance San Juan Villa, a 32-bed memory care community in Port Townsend, and Heritage House, a 76-unit assisted living and memory care community in Buckley.
CARBONDALE, Ill. — Love Funding, a lender specializing in HUD loans, has closed an $11.3 million bridge loan for Landings of Carbondale, a 92-unit assisted living and memory care community under development in the southern Illinois city of Carbondale.
FREEHOLD, N.J. — SilverStone Health Care Real Estate LLC has acquired The Brookside, a 160-unit assisted living and memory care community in Central New Jersey, from AEW Capital Management for an undisclosed sum.
CHICAGO — Healthcare consulting firm Prism Healthcare Partners and seniors housing valuation firm Principle Valuation LLC, both based in Chicago, have announced plans to merge.
GREEN BAY and APPLETON, Wis. — Blueprint Healthcare Real Estate Advisors, a brokerage based in Chicago, has arranged the sale of four Cottage Living assisted living and memory care communities in Green Bay and nearby Appleton for $18.4 million.