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.
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.
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.
SOUTHERN CALIFORNIA — JCH Senior Housing Investment Brokerage has arranged the sale of an assisted living facility in Southern California for $9.6 million.
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.
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.
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.
ANTIOCH, Calif. — CBRE has arranged acquisition financing for Cypress Meadows, a 110-unit assisted living and memory care community in Antioch, located approximately 40 miles northeast of San Francisco.
CULPEPER, LOUISA and WARRENTON, Va. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired three assisted living communities in Virginia for an undisclosed price.
PORT ST. LUCIE, Fla., and SANTEE, S.C. — Senior Living Investment Brokerage has arranged the sale of Paradise Care Cottage in Port St. Lucie and Magnolias of Santee in Santee for undisclosed prices.
