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.
Development
FARMINGTON and SIMSBURY, Conn. — CBRE has arranged an undisclosed amount of financing for a joint venture between CA Ventures and a global investment manager. The funds will be used toward the construction of two seniors housing communities in the Hartford area.
GEORGETOWN, Texas — Dallas-based MedCore Partners and Houston-based The National Realty Group (TNRG) have acquired 13.8 acres in the Austin suburb of Georgetown, with plans to build a 314-unit independent living, assisted living and memory care community on the property.