ACWORTH, Ga. — BMO Harris Bank’s Healthcare Real Estate Finance group has arranged $40 million in construction and mini-perm financing for the development of a 208-unit independent living community in the Atlanta suburb of Acworth.
WASILLA, Alaska — Boston Capital is investing an undisclosed sum in the construction of Vista Rose II Apartments, a 36-unit affordable community for seniors in Wasilla, approximately 40 miles northeast of Anchorage.
FARMINGTON, N.M. — Welbrook Senior Living has started construction of its second transitional rehabilitation facility, located in Farmington in the northwest corner of New Mexico.
FORT MILL, S.C. — Blake Management Group has announced plans for The Blake at Baxter Village, an independent living, assisted living and memory care community in the Charlotte suburb of Fort Mill.
CARY, N.C. — Liberty Senior Living, a division of Liberty Healthcare Group, has broken ground on Brightmore of Cary, a 311-unit continuing care retirement community (CCRC) in the Raleigh suburb of Cary.
OXNARD, Calif. — iBorrow, a private commercial real estate lender, has provided a $12.5 million loan for an assisted living community currently undergoing major renovations in the Los Angeles suburb of Oxnard.
OXFORD, Pa. — Presbyterian Senior Living has completed a $14.4 million expansion at Ware Presbyterian Village, a continuing care retirement community (CCRC) in Oxford, located midway between Philadelphia and Baltimore.
WEST COLUMBIA, S.C. — Ziegler, a specialty investment bank, has closed $39.3 million in bond financing for South Carolina Episcopal Home at Still Hopes, a 278-unit continuing care retirement community (CCRC) in Columbia.
PICKERINGTON, Ohio — Spectrum Retirement Communities has finished construction of Sycamore Creek Senior Living, a 132-unit independent living community in the Columbus suburb of Pickerington.