COMMERCE and STONE MOUNTAIN, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two seniors housing communities totaling 94 units in North Georgia for $9.8 million.
NASHVILLE, Tenn. — Contemporary Healthcare Capital has provided a $500,000 mezzanine loan to affiliates of Opal Senior Living for the acquisition of an assisted living and memory care community in Nashville.
ROCKVILLE, Md. — Dallas-based Silverstone Senior Living has started construction of The Seneca of Rockville, a seniors housing community in the Washington, D.C. suburb of Rockville.
SAN ANTONIO and AUSTIN, Texas — CIT Group Inc. (NYSE: CIT), through its Healthcare Finance group, has served as sole lead arranger on a $27.2 million loan for two assisted living facilities in Texas.
RICHMOND, Texas — CIT Group served as sole lead arranger for a $34 million financing for an assisted living community in Richmond, approximately 25 miles southwest of Houston.
THOMASVILLE, Ga. — Monarch Advisors has arranged an undisclosed amount of financing for the development of an assisted living and memory care community in Thomasville, located near the border between Georgia and the Florida Panhandle.
ROYAL PALM BEACH, Fla. — Validus Senior Living has broken ground on an assisted living and memory care community in Royal Palm Beach, approximately 70 miles north of Miami.
SOUTH WINDSOR, Conn. — Confluent Senior Living and Harbor Retirement Associates (HRA) are set to begin construction of a 111,951-square-foot senior living community in the Hartford suburb of South Windsor.
