LOS ANGELES and OAKLAND — SunTrust Banks Inc. (NYSE: STI) has provided $69.5 million in financing to support Watermark Retirement Communities and Kayne Anderson’s acquisition of three senior living communities in California.
GREENVILLE, S.C. — Cardinal Ventures Inc., together with Blake Management Group, has unveiled plans for The Blake at Hollingsworth Park, a resort-style senior living community in Greenville.
KANSAS CITY, Mo. — Tutera Senior Living & Health Care will open the first units at its newest Tutera Senior Living & Health Care location starting in June. The property is in the Tiffany Springs neighborhood of Kansas City.
COLORADO SPRINGS and CENTENNIAL, Colo. — Walker & Dunlop has structured $52 million in financing to refinance three seniors housing properties totaling 196 units in Colorado Springs and Centennial.
SAN BERNARDINO, Calif. — The Mogharebi Group (TMG) has arranged the sale of Bernardine Senior Independent Living, a 71-unit community in San Bernardino, approximately 60 miles east of Los Angeles.
DOVER, N.H. — Blueprint Healthcare Real Estate Advisors has negotiated the sale of Wadleigh House, an assisted living community in Dover, near the Maine border.
FORT LAUDERDALE, Fla. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has funded two loans to refinance assisted living facilities in Florida.
NORCROSS, Ga. — 29th Street Capital (29SC), a real estate investment and advisory firm, has acquired Shekinah Home in Norcross, approximately 18 miles northeast of Atlanta.