DALLAS — Edgemere, a nonprofit continuing care retirement community (CCRC) in Dallas developed and operated by Senior Quality Lifestyles Corporation, is slated for $36 million in renovations and expansion.
ALEXANDRIA, Va. — Ziegler, a specialty investment bank, has arranged $68.8 million in financing for Goodwin House, a nonprofit seniors housing operator based in Alexandria. Goodwin House operates two continuing care retirement communities (CCRCs) in Virginia.
FRESNO, Calif. — Integral Senior Living (ISL), a seniors housing operator based in Carlsbad, will manage Kingston Bay Senior Living in Fresno, which recently started construction. ISL expects the community to open in spring of 2016.
RICHARDSON, WACO and AUSTIN, Texas — Senior Living Investment Brokerage, an Illinois-based brokerage firm focused on seniors housing, has arranged the sale of three skilled nursing facilities in Texas for $30.5 million.
CARMEL, Ind. — Skilled nursing facility developer Mainstreet has formed a new broker-dealer named Mainstreet Capital Partners LLC. The company is registered with the Financial Industry Regulatory Authority (FINRA) and was created to institutionalize Mainstreet’s fundraising business.
ELKTON, Md. — Capital Funding LLC, a subsidiary of CFG Community Bank, has arranged a $2.8 million HUD loan for Abbey Manor at Elkton, a 32-bed assisted living facility in Elkton.
CHASKA, Minn. — Seniors housing developer and operator The Goodman Group has named Brad Marburger as national director for Platinum Career Solutions.
TAMPA, Fla. — Architecture firm Bessolo Design Group was recently awarded a contract to design a new 120-unit seniors housing community in Tampa named Autumn Westchase.
LAS VEGAS — Private equity firm The Bascom Group has acquired the 183-unit Boulder Palms Senior Apartments at 4350 Boulder Highway in Las Vegas for $10.4 million.
MONROE, La., and GARFIELD HEIGHTS, Ohio — Lancaster Pollard has arranged the refinancing of two seniors housing communities, one for Paramount Healthcare Consultants (PHC) in Monroe for $20.2 million and another for The Jennings Center for Older Adults in Garfield Heights for $12.6 million.