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.
WESTLAKE VILLAGE, Calif. — LTC Properties Inc. (NYSE:LTC), a seniors housing and healthcare real estate investment trust based in Westlake Village, has completed the previously announced acquisition of a 10-property portfolio for $142 million.
Use of light gauge structural frame (LGSF) panels helps maximize efficiency, reduce project costs and shorten construction timelines.
METROPOLIS, Ill. — Institutional Property Advisors, a brokerage arm of Marcus & Millichap, has arranged the sale of Misty Meadows Senior Living Center, an independent living community in Metropolis near the southern border of the state, for $4.4 million.
HIGH SPRINGS and ORLANDO, Fla. — Bank Leumi USA, a full-service commercial and private bank, has provided $16.7 million in total refinancing to Plantation Oaks Senior Living Management, a Florida-based owner/operator.
SANTA ROSA, Calif. — Greystone, a real estate lending, investment and advisory company, has provided a $58.3 million Freddie Mac loan to refinance Varenna at Fountaingrove, a 163-unit independent living facility in Santa Rosa, just north of San Francisco.
POUGHKEEPSIE, N.Y. — Lancaster Pollard has arranged a $12.3 million refinance for Lutheran Care Center at Concord Village, a 160-bed skilled nursing facility in Poughkeepsie, a town along the Hudson River in Upstate New York.
ZEPHYRHILLS, Fla. — American House Senior Living Communities has acquired Commons on Pretty Pond, an independent living, assisted living and memory care community in Zephyrhills.
ANAMOSA, Iowa — Institutional Property Advisors, a brokerage arm of Marcus & Millichap, has arranged the sale of Silvercrest of Anamosa, a 45-unit assisted living and memory care community, for $1.3 million.
CHICAGO — Care Capital Properties Inc. (NYSE: CCP), the skilled nursing spinoff of giant healthcare REIT Ventas (NYSE: VTR), officially began trading on the New York Stock Exchange today. The company will ring the closing bell to celebrate its first day of trading.