PHOENIX — Grandbrige Real Estate Capital’s seniors housing and healthcare finance team has arranged a $10.5 million refinancing for Avista North Mountain, an assisted living, memory care and independent living community in Phoenix.
DALLAS — Tradition Senior Living (TSL) has opened The Tradition-Lovers Lane Community, an independent living, assisted living and memory care community in Dallas.
CARMICHAEL, Calif. — CBRE National Senior Housing has arranged a $12 million, fixed-rate loan from Fannie Mae to refinance Winding Commons, a 100-unit independent living community in metro Sacramento.
ROCKWALL, Texas — Hunt Mortgage Group has provided an $8.9 million bridge loan for the refinance of Autumn Leaves of Rockwall, an assisted living and memory care community in Rockwall, a northeast suburb of Dallas.
GRAND RAPIDS, Mich. — Ziegler Capital Markets has arranged $57 million in financing for Beacon Hill at Eastgate, a CCRC in Western Michigan, which includes approximately $36 million for the community’s Phase II expansion.
LAKE CITY, Minn. — Wildamere Properties has completed construction of Bluffs of Lake City Senior Living, a community along the Mississippi River about 70 miles southeast of Minneapolis.
LAKEWOOD, Colo. — CBRE National Seniors Housing has secured a $36.3 million loan for the construction of The Village at Belmar, a 156-unit continuing care retirement community (CCRC) planned in Lakewood in metro Denver.
LOUISVILLE, Ky. — A joint venture consisting of Griffin-American Healthcare REIT III Inc. and NorthStar Healthcare Income Inc. has agreed to acquire Trilogy Investors LLC, the parent company of Trilogy Health Services LLC, for approximately $1.1 billion.
PHOENIX — Sagewood, a luxury senior living retirement community in northeast Phoenix, plans to add The Estates at Sagewood, a new neighborhood featuring 24 new independent living homes.
NORTHVILLE, Mich. — Seniors housing private equity investor Blue Moon Capital Partners LLC has formed a $52.5 million development joint venture with The Damone Group LLC for the construction of a 180-unit independent living, assisted living and memory care community in Northville, about 25 miles west of Detroit.