LOS ANGELES and OAKLAND — SunTrust Banks Inc. (NYSE: STI) has provided $69.5 million in financing to support Watermark Retirement Communities and Kayne Anderson’s acquisition of three senior living communities in California.
GREENVILLE, S.C. — Cardinal Ventures Inc., together with Blake Management Group, has unveiled plans for The Blake at Hollingsworth Park, a resort-style senior living community in Greenville.
KANSAS CITY, Mo. — Tutera Senior Living & Health Care will open the first units at its newest Tutera Senior Living & Health Care location starting in June. The property is in the Tiffany Springs neighborhood of Kansas City.
COLORADO SPRINGS and CENTENNIAL, Colo. — Walker & Dunlop has structured $52 million in financing to refinance three seniors housing properties totaling 196 units in Colorado Springs and Centennial.
SAN BERNARDINO, Calif. — The Mogharebi Group (TMG) has arranged the sale of Bernardine Senior Independent Living, a 71-unit community in San Bernardino, approximately 60 miles east of Los Angeles.
VISTA, Calif. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Vista Gardens, a 71-unit memory care community in Vista, located between San Diego and Los Angeles.
WINDSOR, Calif. — Oakmont Senior Living, an owner-operator based in the Northern California town of Windsor, has hired Eric Portnoff as vice president of memory care and resident programs.
VERO BEACH, Fla. — Sonata Senior Living, an Orlando-based owner, developer and operator, has started construction of a memory care expansion at its Sonata Vero Beach community.
