DALLAS, Ore. — Cain Brothers has underwritten $27.6 million in bond financing for Dallas Retirement Village, a continuing care retirement community (CCRC) in Dallas, about 15 miles west of Salem.
COVINGTON, Wash. — Seniors housing operator Seniority Inc. and investor Zenith Capital have revealed joint plans for a new 98-unit assisted living and memory care community on three acres in Covington, approximately 25 miles southeast of Seattle.
LEONARD, Tenn. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Leonard Manor, a 79-bed skilled nursing facility in Leonard approximately 60 miles northeast of Dallas, for $1.2 million.
ASHLAND, Ore. — Contemporary Healthcare Capital LLC (CHC) and Community & Southern Bank (CSB) have jointly provided a $10.5 million loan for the acquisition of a seniors housing community in Ashland, near the California border.
SHREVEPORT, La. — Care Capital Properties Inc. (NYSE: CCP), the skilled nursing REIT that spun off from healthcare giant Ventas in August, has completed its first major transaction.
DALLAS, Ga. — Florida-based operator Riverwood Retirement Management Inc. has been selected to manage Westminster of Dallas, a memory care community currently under construction in Dallas about 30 miles northwest of Atlanta.
HOUSTON — Parkway Place, a nonprofit, faith-based continuing care retirement community (CCRC) in Houston, has named Sunny Chatagnier its new executive director.
CARROLLTON, Texas — Sagora Senior Living has started construction on Briarview, a 84-unit assisted living and memory care community in Carrollton, a northern suburb of Dallas.
HOUSTON — The Buckingham, a nonprofit CCRC in Houston, has named Jesse Sias associate executive director. In his role, Sias will oversee the day-to-day operations of The Plaza, which houses assisted living, memory care, and skilled nursing.
BIRMINGHAM, Ala. — HealthSouth Corp. (NYSE: HLS), a Birmingham-based provider of post-acute healthcare services, has agreed to acquire CareSouth Health System Inc., an August, Ga.-based home health provider, for $170 million.