LADY LAKE, Fla. — SRI Management LLC has opened Village Veranda, a 125-unit assisted living and memory care community in Lady Lake, approximately 50 miles northwest of Orlando.
CLERMONT, STUART and TAVARES, Fla. — CIT Group’s Healthcare Finance division has served as sole lead arranger for a $64 million loan for three assisted living facilities in Florida.
WELLINGTON, Fla. — Florida-based senior living and rehabilitation services provider KR Management LLC is the new licensed operator of The Addington at Wellington Green in Wellington.
PFLUGERVILLE, Texas — Senior Living Investment Brokerage has arranged the sale of Heatherwilde Assisted Living, located in the Austin suburb of Pflugerville.
GRANITE CITY and GODFREY, Ill. — Triloma Seniors Housing, an affiliate of Triloma Financial Group, has acquired The Fountains at Granite City and The Fountains at Godfrey, both located just across the Mississippi River from St. Louis.
KENTWOOD, Mich. — Pathway to Living has completed $2.1 million in capital improvements at Azpira Place of Breton, an 81-unit assisted living and memory care community in Kentwood, just southeast of Grand Rapids.