Assisted Living

MorningStar Senior Living, Confluent Senior Living Begin Construction of 85-Unit Community in Santa Fe

by Jeff Shaw November 7, 2017

SANTA FE, N.M. — Co-developers MorningStar Senior Living and Confluent Senior Living have broken ground on MorningStar of Santa Fe, an assisted living and memory care community in Santa Fe.

November 7, 2017

Assisted Living Development News

Pathway to Living Begins Pre-Leasing at 96-Unit Heartis Community in Illinois

by Jeff Shaw November 6, 2017

ORLAND PARK, Ill. — Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, has started pre-leasing at Heartis Village of Orland Park, a 96-unit assisted living and memory care community in the Chicago suburb of Orland Park.

November 6, 2017

Assisted Living News

ESI Brokers Sale of 92-Unit Assisted Living Community in Wisconsin

by Jeff Shaw November 3, 2017

GREENDALE, Wis. — Evans Senior Investments (ESI) has arranged the sale of Clifden Court, a 92-unit assisted living and memory care community in the Milwaukee suburb of Greendale, for an undisclosed price.

November 3, 2017

Assisted Living News

Colliers Brokers $4M Sale of 42-Unit Assisted Living Community in Florida

by Jeff Shaw November 2, 2017

SUMMERFIELD, Fla. — Colliers International has arranged the $4 million sale of Summerfield Suites, a 42-unit assisted living community in Summerfield, approximately 65 miles northwest of Orlando.

November 2, 2017

Assisted Living Finance News

Harborview Arranges $6.3M HUD Refinancing for Assisted Living Facility in Tennessee

by Jeff Shaw October 27, 2017

PUTNAM COUNTY, Tenn. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $6.3 million HUD loan for an assisted living facility in Putnam County.

October 27, 2017

Assisted Living Development Finance News

iBorrow Provides $12.5M Loan for Assisted Living Renovations in California

by Jeff Shaw October 26, 2017

OXNARD, Calif. — iBorrow, a private commercial real estate lender, has provided a $12.5 million loan for an assisted living community currently undergoing major renovations in the Los Angeles suburb of Oxnard.

October 26, 2017

Assisted Living News

JCH Arranges Sale of 97-Unit Assisted Living Facility in Southern California

by Jeff Shaw October 25, 2017

SOUTHERN CALIFORNIA — JCH Senior Housing Investment Brokerage has arranged the sale of an assisted living facility in Southern California for $9.6 million.

October 25, 2017

Assisted Living Finance News

Bernard Financial Group Arranges $1.5M Loan for Assisted Living Community in Michigan

by Jeff Shaw October 19, 2017

CLINTON TOWNSHIP, Mich. — Bernard Financial Group has arranged a $1.5 million loan for a 24-unit assisted living facility in the Detroit suburb of Clinton Township.

October 19, 2017

Assisted Living Finance News

Love Funding Secures $8.1M HUD Refinancing for 79-Unit Assisted Living Community in New Jersey

by Jeff Shaw October 13, 2017

TOMS RIVER, N.J. — Love Funding has closed an $8.1 million refinancing for Magnolia Gardens Assisted Living Facility, a 79-unit community in Toms River, located near the coast east of Philadelphia and south of New York City.

October 13, 2017

Assisted Living News

TransEquity Development Buys 5.7 Acres in Arizona for Assisted Living Community

by Jeff Shaw October 11, 2017

AVONDALE, Ariz. — TransEquity Development has purchased a 5.7-acre site in the Phoenix suburb of Avondale for $600,000. The developer plans to build an assisted living and memory care community on the vacant plot.

October 11, 2017

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