ODGEN, Utah — Love Funding, a lender based in Washington, D.C., has arranged a $6.6 million bridge loan for the construction of Shadow Valley Assisted Living and Memory Care, a 62-bed community in Ogden, approximately 35 miles north of Salt Lake City.
Finance
NEWTON, Mass. — The RMR Group Inc. (NASDAQ: RMR) has announced its plan to move the stock of all its managed companies from the New York Stock Exchange to the Nasdaq Stock Market. RMR’s managed companies include seniors housing owner Senior Housing Properties Trust and operator Five Star Senior Living.
CBRE Arranges $39.9M Loan for Acquisition of 276-Unit Independent Living Community Near Philadelphia
by Jeff Shaw
HARLEYSVILLE, Pa. — CBRE Capital Markets has arranges a $39.9 million loan for Green Courte Partners, which will use the financing to acquire Arbour Square of Harleysville, a 276-unit independent living community in the Philadelphia suburb of Harleysville.