TAMPA, Fla. — Mia Senior Living Solutions was selected to take over management of Palm Terrace Assisted Living Facility, a 79-bed assisted living community in Tampa.
PROSPECT HEIGHTS, Ill. — CBRE has arranged a $21.4 million loan for the construction of Greenbrier of Prospect Heights, a Class A assisted living and memory care community in the North Shore Chicago suburb of Prospect Heights.
VIRGINIA BEACH, Va. — Greystone Real Estate Advisors, a real estate lending and investment company, has arranged the sale of Pacifica Senior Living in Virginia Beach for $38 million. Capital Senior Living purchased the property from a private owner.
LONGWOOD, Fla. — Madison Realty Equities LLC, a private real estate firm based in California, has purchased Cornerstone at Longwood, an 80-unit assisted living and memory care facility in the Orlando suburb of Longwood, for $9.4 million.
GREEN BAY and APPLETON, Wisc. — Summit Healthcare REIT Inc. has acquired four assisted living and memory care communities in Green Bay and Appleton for $18.4 million.
ATHENS, Tenn. — Dominion Senior Living has announced plans for Dominion Senior Living of Athens, an $8 million assisted living and memory care community in Athens, approximately halfway between Knoxville and Chattanooga.
CORTE MADERA, Calif. — The Atlanta-based Seniors Housing and Healthcare Finance Team of Grandbridge Real Estate Capital has arranged a $42.3 million refinancing for Aegis of Corte Madera, a 118-unit assisted living and memory care near San Francisco.
MAHWAH, N.J. — Seniors housing operator Brandywine Senior Living has opened the doors on Brandywine Senior Living of Mahwah, a new assisted living community in Bergen County about 30 miles north of New York City.
LAKE CITY, Mich. — Silver Arch Capital Partners has closed a $4.75 million loan for the owner/operator of Belle Oakes Living Center, a 48-unit, 32,000-square-foot assisted living facility on 20 acres in Lake City.
MILTON, Ga. — Phoenix Senior Living has broken ground on Phoenix at Milton, a $17 million assisted living and memory care community in Milton, about 30 miles north of Atlanta.