NAMPA, Idaho — CareTrust REIT Inc. (NASDAQ: CTRE) has made a $2.2 million preferred equity investment with Cascadia Healthcare LLC to fund the construction of a 99-bed skilled nursing facility in the Boise suburb of Nampa.
LOMBARD, Ill. — Lifespace Communities Inc. has completed the $19 million expansion and renovation of Beacon Hill, a continuing care retirement community in Lombard, approximately 20 miles west of Chicago.
CHARLESTON, S.C. — Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance team has arranged a $9.5 million construction loan for Benton House of West Ashley, a 59-unit seniors housing community in Charleston.
LIVINGSTON, N.J. — Atrium Health & Senior Living has purchased land and started construction of a post-acute care center and senior living community on the campus of Saint Barnabas Medical Center in the New York City suburb of Livingston.
MELISSA, Texas — Gardner Capital Development has unveiled plans for Gala, a 93-unit independent living community in Melissa, approximately 35 miles north of Dallas.
FRONT ROYAL, Va. — Commonwealth Assisted Living has announced a planned expansion of its community in Front Royal, located in the Shenandoah Valley approximately 70 miles west of Washington, D.C.
SEATTLE — Ziegler, a specialty investment bank, has closed $57.5 million in bonds for Bayview Manor Homes, the nonprofit operator of Bayview, a continuing care retirement community in Seattle’s Queen Anne neighborhood.
BROWN DEER, Wis. — New Perspective Senior Living has opened New Perspective | Beaver Creek, a 158,712-square-foot independent living, assisted living and memory care community in the Milwaukee submarket of Brown Deer.
ARLINGTON, Texas — Dallas-based real estate firm Caddis has opened Heartis Arlington, an 81-unit assisted living and memory care community in Arlington.