SUMMERVILLE, S.C. — Mississippi-based developer Cardinal Ventures is set to break ground on The Blake at Carnes Crossroads, an assisted living and memory care community to be built in the Charleston suburb of Summerville.
FREEHOLD, N.J. — SilverStone Health Care Real Estate LLC has acquired The Brookside, a 160-unit assisted living and memory care community in Central New Jersey, from AEW Capital Management for an undisclosed sum.
GREEN BAY and APPLETON, Wis. — Blueprint Healthcare Real Estate Advisors, a brokerage based in Chicago, has arranged the sale of four Cottage Living assisted living and memory care communities in Green Bay and nearby Appleton for $18.4 million.
LITTLETON, N.H. — Summit Healthcare REIT Inc. has acquired Riverglen House of Littleton, a 50-unit assisted living facility in Littleton near the White Mountains of New Hampshire, for $8.5 million in a sale-leaseback transaction.
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.