ELKHART, Kan. — Contemporary Healthcare Capital LLC has provided a $1.5 million senior mortgage loan to a Colorado-based operator for the acquisition of a 103-bed skilled nursing facility and assisted living facility in Elkhart, a small town near the Oklahoma and Colorado borders.
URBANDALE, Iowa — Des Moines-based nonprofit owner/operator Lifespace Communities Inc. has hired James Robinson as executive director of Deerfield Retirement Community, a continuing care retirement community (CCRC) in the Des Moines suburb of Urbandale.
CHICAGO — LeadingAge, a Washington-based association of nonprofit seniors housing providers, has named Katie Smith Sloan as its new president and CEO effective at the beginning of 2016.
RENO, Nev. — Lancaster Pollard has arranged a $1.8 million bridge loan for Reno Valley Assisted Living & Retirement Center (RVALRC), a 118-unit assisted living facility located in Reno.
PAOLI, Pa. — Pennsylvania-based operator Sage Senior Living has opened Daylesford Crossing, a 78-unit seniors housing community in Paoli, about 25 miles west of Philadelphia.
WASHINGTON — Ingleside, a developer of continuing care retirement communities (CCRCs) in the Washington, D.C., area, has announced plans to add 205 new units to its Ingleside at Rock Creek CCRC in Washington.
CORTE MADERA, Calif. — The Atlanta-based Seniors Housing and Healthcare Finance Team of Grandbridge Real Estate Capital has arranged a $42.3 million refinancing for Aegis of Corte Madera, a 118-unit assisted living and memory care near San Francisco.
ATLANTA —AdCare Health Systems Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA), an owner of 39 skilled nursing and assisted living properties throughout the U.S., has appointed Thomas Knaup and Allan Rimland to its board of directors.
AMSTERDAM and CASTLETON-ON-HUDSON, N.Y. — Healthcare Transactions Group Inc. has arranged the sale of Capstone Center for Rehabilitation and Nursing, a 120-bed skilled nursing facility in Amsterdam, and Riverside Center for Rehabilitation and Nursing, an 80-bed skilled nursing facility in Castleton-on-Hudson. The sale prices were not disclosed.
IRVING, Texas — Seniors housing developer The LaSalle Group Inc. has promoted David Starr to the position of senior vice president and general counsel. He most recently served as the company’s vice president and general counsel. The company concurrently named three new vice presidents — Marika Johnson, vice president of operations and senior living; Daphne Bernstein, vice president of sales; and Lynette Choplin, vice president – health and wellness.