PORTLAND and FOREST GROVE, Ore. — KeyBank Real Estate Capital has arranged $13.3 million in long-term financing for two Oregon-based skilled nursing facilities.
PHOENIXVILLE, Pa. — Main Line Health (MLH) has joined with Brandywine Senior Living at Upper Providence to bring medical care, rehabilitation therapy, and wellness services to residents of the new assisted living community located at 1133 Black Rock Road in Phoenixville.
SEATTLE — Tana Gall and Jason Childers, seniors housing industry veterans with nearly 35 combined years of experience, have launched 2Ten Consulting, a consulting firm designed to help new developers navigate the complicated seniors housing space.
CHICAGO — There are many aspects to consider during development of a seniors housing project, ranging from amenities to technology to demographics. However, the biggest key to whether a seniors housing project can succeed over a long period of time is the quality of the operator, according to several expert panelists at the InterFace Seniors Housing Midwest conference held last Thursday, June 11 at The Westin Chicago River North.
KENNETT SQUARE, Pa. — Genesis HealthCare, a post-acute care provider based in Kennett Square, has agreed to purchase 24 skilled nursing facilities from Revera Inc., an owner-operator based in Canada, for $240 million. As part of the deal, Genesis will also acquire the operations of Premier Therapy, Revera’s contract rehabilitation business.
SIERRA MADRE, Calif. — Fountain Square Development West and HPI Architecture have completed The Kensington of Sierra Madre, an assisted living and memory care community in Sierra Madre.
NEW YORK — NorthStar Healthcare Income Inc. has acquired a $639.3 million portfolio of continuing care retirement communities (CCRCs) from subsidiaries of Fountains Senior Living Holdings LLC.
MCKINNEY, Texas — Love Funding (LFC) has secured a $16.4 million loan for the construction and financing of a new seniors housing community in McKinney.
TOPEKA, Kan. — Indiana-based skilled nursing developer Mainstreet has broken ground on The Healthcare Resort of Topeka, a 94-bed, 69,935-square-foot transitional care and assisted living facility.
KANSAS CITY, Mo. — Skilled nursing operator Tutera Senior Living & Health Care has hired Leslie Young as the company’s new director of human resources operations.