WEST DES MOINES, Iowa — The board of directors at Lifespace Communities has elected Paula Shives as its new chair. Shives, a 14-year member of the Lifespace Board, succeeds the outgoing E. LaVerne Epp.
KNOXVILLE, Tenn., and DULUTH, Ga. — Georgia-based homebuilder Paran Homes has announced a partnership with Knoxville-based developer, owner and operator Solinity to develop seniors housing communities throughout the Southeast.
IRVINE, Calif. — HCP Inc. (NYSE: HCP), an Irvine-based healthcare REIT, has closed an amended and restated credit agreement providing for a $2.5 billion unsecured revolving credit facility and a new $250 million unsecured term loan facility.
LADY LAKE, Fla., and MCDONOUGH, Ga. — Pegasus Senior Living has partnered with Omega Communities of Birmingham, Alabama, to manage two new senior living communities under development in the Southeast.
CHARLOTTESVILLE, Va. — Invesque Inc. (TSX: IVQ), an Indiana-based seniors housing owner and developer that trades on the Toronto Stock Exchange, has agreed to acquire Charlottesville-based owner-operator Commonwealth Senior Living.
