PEORIA, Ariz. — Love Funding, a lender based in Washington, D.C., has arranged a $15 million FHA bridge loan for the construction and financing of Agua Fria Senior Living, a 90-unit assisted living and memory care community in the Phoenix suburb of Peoria.
Development
CHARLESTON, S.C. — National Health Investors Inc. (NYSE: NHI) has provided a $14 million mezzanine loan to Senior Living Communities LLC for the development of Wellmore of Daniel Island, a 186-unit assisted living, memory care and skilled nursing community.
SAN DIEGO — Talmadge Gateway LP has acquired a 35,183-square-foot retail center in the San Diego submarket of Talmadge for $2.5 million. Wakeland Housing and Development Corp. will redevelop the site to incorporate a mix of retail and affordable residential units for disabled seniors.