ASHBURN, Va. — Ashby Ponds, a continuing care retirement community (CCRC) operated by Erickson Living in Northern Virginia, has opened its new independent living building called Magnolia Place.
COLLINSVILLE, Ill. — Blueprint Healthcare Real Estate Advisors has brokered the sale of a 66-unit assisted living and memory care community in Collinsville, located just outside of St. Louis. The name of the facility was not disclosed.
ATLANTA — Lancaster Pollard has provided $5.2 million in financing to partially fund the $6 million purchase of Reliable Health & Rehab at Lakewood in Atlanta.
COLUMBUS, Ga. — Evans Senior Investments (ESI) has arranged the sale of Franciscan Woods, a 60-unit assisted living facility, for $4.9 million.
ORANGE COUNTY, Calif. — JCH Senior Housing Group has arranged the sale of Country Villa Health Service’s entire portfolio, which comprises 18 skilled nursing facilities and one assisted living community across Southern California, at bankruptcy auction for $65 million.
WINSTON-SALEM, N.C. — Ziegler, a specialty investment bank, has closed $42.6 million in bond financing for Moravian Home, which owns and operates Salemtowne, a nonprofit continuing care retirement community (CCRC) in Winston-Salem.
PARK RIDGE, Ill. — Capitol Seniors Housing (CSH) will acquire the currently family-owned The Summit of Uptown, an independent living and assisted living community in Park Ridge near Chicago, on Sept. 18.
MURPHY, Texas —Sagora Senior Living has acquired Orchard Park of Murphy, an assisted living and memory care community in Murphy, about 30 miles northeast of Dallas. The purchase price was not disclosed.
NASHVILLE, Tenn. — Modern Healthcare Magazine has named Debra Cafaro, chairman and CEO of giant seniors housing REIT Ventas Inc. (NYSE: VTR), one of the top 25 women in healthcare.
SALEM, N.H. — Massachusetts-based operator LCB Senior Living has hired Brittany McClintick as sales and marketing director of The Residence at Salem Woods, an independent living, assisted living and memory care community currently under construction in Salem.