REVERE, Mass. — Nauset Construction has completed the second phase of renovations to the Lighthouse Nursing Care Center in the Boston suburb of Revere.
Development
Cushman & Wakefield Arranges $23.3M Construction Financing for LCB Senior Living Community in Connecticut
by Jeff Shaw
STAMFORD, Conn. — Cushman & Wakefield has arranged $23.3 million in financing for a joint venture between LCB Senior Living and Virtus Real Estate Capital, which will use the loan to build The Residence at Stony Ford, a 104-unit independent living, assisted living and memory care community.
INDEPENDENCE, Mo. — Chicago-based Senior Housing Group and its joint-venture development partner, Maine-based Evergreen Partners, have acquired Heritage House, a 166-unit affordable seniors housing community in the Kansas City suburb of Independence, for an undisclosed price.