WINTER PARK, Fla. — Watercrest Senior Living Group and Titan Development Real Estate Fund I have announced plans for Watercrest Winter Park Assisted Living and Memory Care in the Orlando suburb of Winter Park.
BEAUMONT, Texas — American Healthcare Investors LLC and Griffin Capital Company LLC, the co-sponsors of Griffin-American Healthcare REIT IV Inc., have acquired Pelican Bay, an assisted living facility located in Beaumont, for $19.5 million.
BRIDGEPORT and SAGINAW, Mich. — National Health Investors Inc. (NYSE: NHI) has acquired a two-property assisted living and memory care portfolio in Central Michigan for $17.1 million.
ALPHARETTA, Ga. — Grandbridge Seniors Housing and Healthcare Finance Group has arranged $25.5 million in financing for the acquisition of Arbor Terrace at Crabapple.
SALT LAKE CITY — Carnegie Capital, a Texas-based commercial real estate finance correspondent and advisory firm, has sourced and structured an $11.5 million construction loan for a 95-bed assisted living and memory care facility.
GILBERT, Ariz. — Foresight Senior Living Development LLC. and W.E. O’Neil Construction Co. will break ground May 9 on Eternal Spring of Gilbert Senior Living Community in Gilbert, a suburb of Phoenix.
