GLENDALE, Ariz. — CBRE has arranged a $19.7 million loan for the acquisition of MorningStar at Arrowhead, an 85-unit assisted living and memory care community in the Phoenix submarket of Glendale.
Assisted Living
MURFREESBORO, Tenn. — National Health Investors Inc. (NYSE: NHI), a Murfreesboro-based REIT, has exercised a purchase option on five assisted living and memory care communities currently owned and operated by Bickford Senior Living, a Kansas-based operator. The purchase price was $87.5 million.
National Realty Group, MedCore Partners Plan 80-Unit Assisted Living Community Near Houston
by Jeff Shaw
CYPRESS, Texas — The National Realty Grouop (TNRG) and MedCore Partners will break ground later this month on Spring Cypress Assisted Living and Memory Care, an 80-unit assisted living and memory care facility in Cypress, approximately 30 miles northwest of Houston.
PLEASANT PRAIRIE, Wis. — Senior Lifestyle Corp. has cut the ribbon on The Addison of Pleasant Prairie, a 100-unit assisted living and memory care community in Pleasant Prairie, located on the Illinois border approximately midway between Chicago and Milwaukee.