ORCHARD PARK, N.Y. — Ziegler, a specialty investment bank, has closed $44.5 million in fixed-rate bonds for Fox Run at Orchard Park, a 53-acre continuing care retirement community (CCRC) south of Buffalo.
COLUMBUS, OH — Lancaster Pollard has promoted Kevin Laidlaw, currently a vice president with the firm, to its mergers and acquisitions (M&A) group
LAKE WORTH, Fla. — Big Rock Partners, a national real estate management and development firm, will begin construction this month on Atria at Villages of Windsor, a Class A seniors housing community in southern Palm Beach County.
PARK RIDGE, Ill. — CBRE National Senior Housing has arranged acquisition financing on behalf of Capitol Seniors Housing (CSH) for the acquisition of The Summit of Uptown, a 147-unit independent living and assisted living community located in Park Ridge, a suburb of Chicago.
GARFIELD HEIGHTS, Ohio — Lancaster Pollard has provided a $17 million FHA refinance for The Village at Marymount, a nonprofit continuing care retirement community (CCRC) affiliated with the Sisters of St. Joseph of the Third Order of St. Francis.
TAMPA, Fla. — Atlanta-based seniors housing investment company AdCare Health Systems Inc. (NYSE MKT: ADK) has agreed to purchase a 55-bed skilled nursing facility in Tampa for approximately $4.8 million. The name of the facility and seller were not disclosed.
BROKEN ARROW, Okla. — RED Capital Partners, the proprietary debt and equity banking arm of RED Capital Group LLC, has provided a $17.2 million construction loan to Prevarian Senior Living, a private equity investor and a healthcare system affiliate.
CHARLOTTE, N.C. — Maxwell Group, a seniors housing operator based in Charlotte, has promoted Katie Huffstetler to the position of Chief Operating Officer.
HIGGINSVILLE, MO. — Lancaster Pollard has arranged funding for a refinance and renovation of John Knox Village East in Higginsville, which is 50 miles east of Kansas City. John Knox Village East is a senior living facility that features both intermediate care and skilled nursing beds and is managed by Life Care Services.
DYER, Ind. — Skilled nursing developer Mainstreet and operator Symphony Post Acute Network have opened Symphony of Dyer, a skilled nursing facility in Dyer approximately 30 miles south of Chicago.