BRYAN, Texas, and GRAND RAPIDS, Mich. — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged two bridge loans for Titan Senquest totaling $19.3 million.
Independent Living
NEW PROVIDENCE, N.J. — Erickson Living, one of the largest seniors housing operators in the United States, has announced a Phase II expansion of Lantern Hill, the company’s 161-unit independent living community in New Providence, approximately 30 miles west of New York City.
Green Courte Partners Acquires Three-Property Independent Living Portfolio Near Detroit
by Jeff Shaw
CLINTON, STERLING HEIGHTS and SHELBY, Mich. — The fourth investment fund o Green Courte Partners LLC (GCP) has acquired a portfolio of three independent living properties totaling 371 units, all located in the suburbs of Detroit. The sale price was not disclosed.
CBRE Arranges Acquisition Financing for 102-Unit Independent Living Community in California
by Jeff Shaw
REDDING, Calif. — CBRE has arranged an undisclosed amount of financing for Ray Stone Inc., which will use the capital to acquire River Oaks Retirement Community, a 102-unit independent living community in Redding, approximately 160 miles north of Sacramento.