PEACHTREE CITY, Ga. — Dominion Partners, a developer of senior living properties across the southeast, has two projects underway in Georgia and Florida. Somerby of Peachtree City senior living community in Peachtree City, Ga., was split into two phases of construction. Phase I, currently in lease-up, has 72 assisted living and 24 memory care apartments.
MADISON, Wis. – SHA Capital Partners, LLC, has completed its first senior housing acquisition, buying Heritage House of Portage, a 66-unit assisted living property in metropolitan Madison, Wis., in a $5.9 million deal.
BONITA SPRINGS, Fla. – The Terraces at Bonita Springs, a continuing care retirement community in Florida, has promoted Amy English to the position of director of sales & marketing for the community. English was a sales counselor there for three years, starting during the pre-opening sales phase.
FORT PIERCE, Fla. — MidCap Financial, a specialty finance firm focused on the middle market in North America and Europe, has closed an $18.25 million term loan with Capital Health Group, LLC.
BIRMINGHAM, Mich. — Kandu Capital, LLC and its operating company, Bloom Senior Living, have hired 30-year industry veteran, Johns Hopkins University and New York University professor and award-winning author Benjamin Pearce to lead senior living operations as chief operating officer.
Published six times per year, Seniors Housing Business is the voice of the seniors housing industry, providing news and information on industry trends and issues and how they impact every stakeholder. The magazine includes exclusive content that is not archived online.
ISSAQUAH, Wash. — National Health Investors (NYSE: NHI) has finalized a previously disclosed agreement to lend up to $154.5 million to recapitalize and finance the expansion of Timber Ridge at Talus, an entrance-fee senior living community in Issaquah, Wash.
FRANKLIN, Tenn. — CFG Capital Markets has sold Claiborne Hughes Health Center, a 157-bed skilled nursing facility located in the town of Franklin, Tenn., for $7.5 million.
FORT LAUDERDALE, Fla. —Housing Trust Group a housing real estate developer in Florida, has completed construction of Village Place Apartments, a $15 million, 112-unit senior affordable housing community in Fort Lauderdale. The mid-rise apartment development is located at 720 NE 4th Avenue.
Cambridge Realty Capital Companies has arranged a $10.3 million conventional loan to refinance four Oklahoma facilities: the Heartsworth Center for Nursing & Rehab and Heartsworth House Assisted & Independent Living in Vinita, and the North County Center for Nursing & Rehab and North County Assisted Living in Collinsville.