RIVERVIEW, Fla. — NorthMarq Capital has arranged $14.2 million in construction financing for Twin Creeks Assisted Living Facility, a 96-bed assisted living community in the Tampa suburb of Riverview.
NEW YORK CITY — Welltower Inc. (NYSE: HCN) and Hines have purchased a development site at 139 E. 56th St. in Midtown Manhattan for an undisclosed price. The new owners plan to build a 15-story assisted living and memory care community on the site.
FORT MYERS, Fla. — A joint venture between Fortress Ventures, Compass Real Estate and AIG Global Real Estate has broken ground on Thrive at Beachwalk, a 125-unit assisted living and memory care community in Fort Myers.
ORLAND PARK, Ill. — Owner/operator Heritage Enterprises and building Michuda Construction have opened Evergreen Senior Living at Parkview Campus, an assisted living and memory care community in Orland Park, approximately 25 miles southwest of Chicago.
TONAWANDA, N.Y. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Tonawanda Manor, an 84-unit assisted living community in the Buffalo suburb of Tonawanda, for $11 million.
SUMMERVILLE, S.C. — Frampton Construction Co., a regional construction firm, has broken ground on The Blake at Carnes Crossroads, a 100-unit assisted living and memory care community in the Charleston suburb of Summerville.
GRAND RAPIDS, Mich. — Lancaster Pollard has provided an $11 million, FHA-insured refinancing for Vista Springs Northview, an 88-unit assisted living community in Grand Rapids.
NISKAYUNA, N.Y. — Lancaster Pollard has closed the $9.2 million refinancing of Ingersoll Place Assisted Living, a 57-unit nonprofit community in the Albany suburb of Niskayuna.
YUBA CITY, Calif. — Blueprint Healthcare Real Estate Advisors has arranged the $13.5 million sale of Summerfield Senior Living, a 71-unit assisted living and memory care community in Yuba City, approximately 40 miles north of Sacramento.
