Lancaster Pollard has refinanced $23.2 million fixed-rate, taxable notes insured by the FHA Sec. 232/233(f) Program and a $5.3 million bridge-to-agency loan, provided by the firm, for two properties: Marina Bay, a 167-bed skilled nursing facility in Quincy, Mass., and West Acres, a 138-bed skilled nursing facility in Brockton, Mass.
SEATTLE — Colliers International, commercial real estate services company, has appointed marketing executive Christine Schultz as the firm’s global chief marketing officer. Schultz will be responsible for driving the growth of the firm’s brand worldwide.
HUNT VALLEY, Md. — Omega Healthcare Investors Inc. (NYSE: OHI) has declared a prorated dividend of 36 cents per share of Omega’s common stock in view of the pending acquisition of Aviv REIT Inc. (NYSE: AVIV), pursuant to a merger of Aviv with and into a wholly owned subsidiary of Omega.
WESTMINSTER, Colo. — LTC Properties, Inc. (NYSE:LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, and Anthem Memory Care have opened a new 60-unit memory care community located in Westminster, Colo., near Denver.
WASHINGTON — U.S. News & World Report, publisher of Best Hospitals and Best Children’s Hospitals, has released its Best Nursing Homes 2015, highlighting the top nursing homes in every state and nearly 100 major metropolitan areas. The ratings cover almost 16,000 nursing homes nationwide and are freely available.
ROCHESTER, Minn. — The Waters on Mayowood, a new 175-unit seniors living community, has opened its doors.
LOS ANGELES — The seniors housing industry needs to focus more on the health and happiness of residents and less on the real estate aspect of the business if profits are going to be sustained for the long term, said Maragret Wylde, president and CEO of research and advisory firm ProMatura Group and keynote speaker at last Thursday’s InterFace Seniors Housing West conference. Approximately 250 industry professionals attended the event held Feb. 26 at the Omni Hotel in Los Angeles.
SHAWNEE, Kan. — Blueprint Healthcare Real Estate Advisors has brokered the sale of Shawnee Heartland Assisted Living, a 48-unit community located in the suburbs of Kansas City. The 32,388-square-foot, single-story community opened its doors in 2000.
CLEARWATER, Fla. — Mease Manor, a retirement community located in Dunedin, has purchased a 27,453-square-foot church and educational facility on a 4.91-acre lot at 1625 Union Street in Clearwater. The purchase price was $1.1 million.
BRENTWOOD, Tenn. — Brookdale Senior Living has appointed an expert to broaden its cognitive fitness programs. Dr. Paul Nussbaum, a board-certified psychologist specializing in neuropsychology, was named the company’s national director of brain health. Brookdale, which operates over 1,000 seniors living communities in 46 states, is America’s largest provider of Alzheimer’s and dementia care.