Assisted Living

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

Assisted Living Finance News

CBRE Negotiates Acquisition Financing for 110-Unit Community in California

by Jeff Shaw October 4, 2017

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.

October 4, 2017

Assisted Living News

CareTrust Acquires Three Assisted Living Communities in Virginia

by Jeff Shaw October 4, 2017

CULPEPER, LOUISA and WARRENTON, Va. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired three assisted living communities in Virginia for an undisclosed price.

October 4, 2017

Assisted Living News

SLIB Arranges Sale of Assisted Living Communities in South Carolina, Florida

by Jeff Shaw September 29, 2017

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.

September 29, 2017

Assisted Living Development News

CBRE Arranges Construction Financing for 157-Unit Community in Southern California

by Jeff Shaw September 27, 2017

ALISO VIEJO, Calif. — CBRE has arranged an undisclosed amount of construction financing for Belmont Village Aliso Viejo, a 157-unit assisted living and memory care community in Aliso Viejo, a master-planned community in the San Joaquin Hills between Los Angeles and San Diego.

September 27, 2017

Assisted Living Finance News

Hunt Mortgage Group Provides $3.1M HUD Refinancing for 50-Bed Assisted Living Community in Georgia

by Jeff Shaw September 18, 2017

UNION CITY, Ga. — Hunt Mortgage Group has provided a $3.1 million HUD loan facility to refinance Country Gardens, a 50-bed assisted living and memory care community in the Atlanta suburb of Union City.

September 18, 2017

Assisted Living News Operations

Charter Senior Living Takes Over Management of Assisted Living Community in Georgia

by Jeff Shaw August 30, 2017

EVANS, Ga. — Charter Senior Living has taken over management of Camellia Walk Assisted Living & Memory Care in Evans, a suburb of Augusta near the South Carolina border.

August 30, 2017

Assisted Living Development News

Silverstone Opens 120-Unit Assisted Living Community in Florida

by Jeff Shaw August 24, 2017

PALM BEACH GARDENS, Fla. — Silverstone Healthcare Co., a Dallas-based developer, has opened HarborChase of Palm Beach Gardens, a 120-unit assisted living and memory care community in Palm Beach Gardens.

August 24, 2017

Assisted Living Development Finance News

HJ Sims Arranges $43.8M Bond Financing for 130-Unit Community in Florida

by Jeff Shaw August 15, 2017

PALM COAST, Fla. — HJ Sims has arranged $43.8 million in bond financing for the construction of Tuscan Gardens at Palm Coast, a 130-unit assisted living and memory care community in Palm Coast, located between Jacksonville and Orlando.

August 15, 2017

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