Independent Living

M&M Arranges Sale of 111-Unit Independent Living Community in Dallas Suburb

by Jeff Shaw September 13, 2016

GARLAND, Texas — Marcus & Millichap has arranged the sale of Montclair Estates, a 111-unit independent living community in the first-ring Dallas suburb of Garland, for an undisclosed price.

September 13, 2016

Grand Park Capital, Chicago Pacific Founders Acquire Four-Property Portfolio for $180M

by Jeff Shaw September 12, 2016

CHICAGO — A joint venture between Chicago Pacific Founders, its affiliate CPF Living Communities and Grand Park Capital Management has acquired a four-property portfolio of Town Village-branded independent living properties for $180 million.

September 12, 2016

Development Independent Living News

McGrew Properties to Convert Vacant Nursing Home to Independent Living Using Affordable Housing Grant

by Jeff Shaw September 9, 2016

HOT SPRINGS, Ark. — McGrew Properties will convert a long-abandoned skilled nursing facility in Hot Springs into a 25-unit independent living community with the assistance of a $224,000 affordable housing grant.

September 9, 2016

Development Independent Living News

Rookis Investment Partners, Gulf Coastal Development to Add Independent Living to Arbor Community in Tampa

by Jeff Shaw September 1, 2016

TAMPA, Fla. — Rookis Investment Partners and Gulf Coastal Development have announced plans to add 139 independent living apartments to Arbor Terrace at Citrus Park, an assisted living and memory care community in Tampa.

September 1, 2016

Development Independent Living News

Gardner Capital Development to Develop 93-Unit Mixed-Income Independent Living Community in Texas

by Jeff Shaw August 10, 2016

MELISSA, Texas — Gardner Capital Development has unveiled plans for Gala, a 93-unit independent living community in Melissa, approximately 35 miles north of Dallas.

August 10, 2016

Finance Independent Living News

CBRE Arranges Refinancing of 84-Unit Independent Living Community Near Sacramento

by Jeff Shaw August 9, 2016

GRASS VALLEY, Calif. — CBRE has arranged the refinancing of Hilltop Commons, an 84-unit independent living community in the Sacramento suburb of Grass Valley. The total value of the loan was not disclosed.

August 9, 2016

Independent Living News

Blueprint Arranges $25M Sale of 148-Unit Independent Living Community in California

by Jeff Shaw August 8, 2016

COSTA MESA, Calif. — Blueprint has arranged the $25 million sale of an undisclosed 148-unit independent living community in the Los Angeles submarket of Costa Mesa.

August 8, 2016

Independent Living News

Green Courte Partners Acquires Two Independent Living Communities in Pennsylvania, Virginia

by Jeff Shaw July 15, 2016

GLEN ALLEN, Va., and HARLEYSVILLE, Pa. — Green Courte Partners LLC, through its Green Courte Real Estate Partners IV fund, has acquired its first two senior housing communities for an undisclosed price.

July 15, 2016

Development Independent Living News

Kisco Completes Common-Area Renovation at Community in Virginia Beach

by Jeff Shaw June 22, 2016

VIRGINIA BEACH, Va. — Kisco Senior Living has opened the new renovations to the independent living common areas at First Colonial Inn, an assisted living and independent living community in Virginia Beach.

June 22, 2016

Finance Independent Living News

CBRE Arranges $39.9M Loan for Acquisition of 276-Unit Independent Living Community Near Philadelphia

by Jeff Shaw June 20, 2016

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.

June 20, 2016

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