FT. MYERS, Fla. — On January 26, Senior Living Investment Brokerage, Inc. facilitated the sale of Hidden Oaks, located in Fort Myers, Fla., for $7.5 million. The 64-unit, purpose-built, community features 48 assisted living units and 16 memory care units. Bradley Clousing and Ryan Saul handled the transaction.
CARMEL, Ind. – Mainstreet, the nation’s largest developer of post-acute health care properties, announced four new additions to its award-winning team.
DALLAS — Capital Senior Living Corporation (NYSE:CSU) has announced the completion of three transactions: the acquisition of two seniors living communities, the disposition of four non-core communities and the refinance of an existing community loan.
FORT LAUDERDALE, FLA. — Housing Trust Group (HTG) has completed the construction of Village Place Apartments, a $15 million, 112-unit senior affordable housing community for ages 55 and up.
SHILOH, Ill. – Berkeley Point Capital closed the refinancing of Cedarhurst of Shiloh, a 95-unit seniors housing community located in Shiloh, Ill.
FRONT ROYAL, Va. — A private REIT, partnered with Meridian Senior Living, purchased Loving Arms, a 47-unit assisted living and memory care community in Virginia.
NORTHBROOK, Ill. – Developer Essex Communities is entering the third phase of development for its luxury community The Lodge of Northbrook, and has selected McShane Contstruction Company to complete the renovations.
COVINGTON, La. — Ziegler, a specialty investment bank, has closed the $33,080,000 non-rated, tax-exempt, fixed-rate Series 2014 Bonds for Christwood, a Louisiana not-for-profit corporation.
Blueprint sold of a portfolio of five skilled nursing facilities located in the Inland Empire of Southern California.
DUNKIRK, N.Y. — Institutional Property Advisors (IPA), a division of Marcus & Millichap Inc. specializing in serving institutional and major private real estate investors, sold the Chautauqua County Home, a 133-room, 216-bed skilled nursing facility located near Lake Erie in Dunkirk, N.Y. The community sold for $16 million — $74,000 per bed.