TOLEDO, Ohio — Seniors housing REIT giant Welltower (NYSE: WELL) has announced a restructuring of its agreements with Brookdale (NYSE: BKD), the largest owner-operator of seniors housing in the country.
TUKWILA, Wash. — Alliance Residential Co., one of the largest multifamily developers and managers in the country, has broken ground on Marvelle at Southcenter, an active adult community in the Seattle suburb of Tukwila.
LOS ANGELES — Commercial real estate and financial services firm Walker & Dunlop Inc. has expanded its multifamily investment sales platform to the West Coast with the addition of Javier Rivera, a senior vice president based in Los Angeles.
ATLANTA — SunTrust Banks Inc. (NYSE: STI), an Atlanta-based lender, has expanded its Aging Services/Senior Living Industry Practice group. Previously only available in select regions, the group’s services will now be available on a national scale.
LEBANON, Tenn. — Hal Bone Enterprises has launched a new seniors housing development and management company named L4 Lifestyles. The company is headquartered in the Nashville suburb of Lebanon.
GREENWOOD VILLAGE, Colo. — It’s Never 2 Late (iN2L), a digital engagement platform for seniors housing residents, has moved its headquarters to Greenwood Village, a suburb of Denver.
BOCA RATON, Fla. — Kayne Anderson Real Estate, a Boca Raton-based private equity investor, has closed its fifth opportunistic equity fund, Kayne Anderson Real Estate Partners V.
ST. LOUIS, Mo. — Senior Living Investment Brokerage, a seniors housing-focused brokerage firm based in Chicago, has launched a new financial services venture known as Monarch Advisors.