WILLIAMSVILLE, N.Y. — Picone Construction is renovating The Amberleigh, a seniors housing community located at 2330 Maple Road in Williamsville, a Buffalo suburb.
TAMPA, Fla. — Mia Senior Living Solutions was selected to take over management of Palm Terrace Assisted Living Facility, a 79-bed assisted living community in Tampa.
NEW YORK CITY — Cain Brothers, acting as investment banking advisor, has arranged a $9.1 million loan for St. Patrick’s Home for the Aged and Infirm, a 264-bed skilled nursing facility in the Bronx.
ST. CHARLES, Mo. — Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving real estate investors, has arranged the sale of Carrington Place of St. Charles, a 234-unit, 294-bed continuing care retirement community in St. Charles, a northwestern suburb of St. Louis.
URBANDALE, Iowa — Lifespace Communities Inc. will break ground Friday on a $9 million redevelopment project for Deerfield Retirement Community, a CCRC in the Des Moines suburb of Urbandale.
ALEXANDRIA, Va. — Argentum, a seniors housing advocacy organization formerly known as ALFA, has named Thomas DeRosa to its Board of Directors.
PROSPECT HEIGHTS, Ill. — CBRE has arranged a $21.4 million loan for the construction of Greenbrier of Prospect Heights, a Class A assisted living and memory care community in the North Shore Chicago suburb of Prospect Heights.
OVERLAND PARK, Kan. — Indiana-based skilled nursing developer Mainstreet has opened The Healthcare Resort of Shawnee Mission, a skilled nursing facility in the Kansas City submarket of Overland Park.
AUSTIN, Texas — Spectrum Retirement Communities has started construction on Lake Travis Independent Living, a 150,000-square-foot luxury community in Austin.
HAMILTON, N.J. — RED Capital Partners LLC, the debt and equity banking arm of capital provider RED Capital Group, has arranged a $36.4 million first mortgage construction loan for Homestead Senior Living LLC to build Homestead at Hamilton, a 195-unit independent living, assisted living and memory care community in Hamilton.