RYE, N.H. — National Health Investors Inc. (NYSE: NHI) has financed the acquisition of a 40-unit memory care community in Rye, located along the coast near the Maine border.
WHITE BEAR LAKE, Minn. — CareTrust REIT Inc. (NASDAQ: CTRE) has acquired Memory Care Cottages in White Bear Lake, a 30-unit, high-acuity memory care community in the Minneapolis suburb of White Bear Lake.
JEFFERSONTOWN, Ky. — A private equity firm has acquired Park Louisville, a memory care facility in the Louisville suburb of Jeffersontown, for $4.3 million.
STONE MOUNTAIN, Ga. — Isakson Living has opened Park Springs Health Services, a memory care community adjacent to the company’s Park Springs continuing care retirement community in the Atlanta suburb of Stone Mountain.
COEUR D’ALENE, Idaho — Lancaster Pollard’s Propero Seniors Housing Equity Fund II has acquired Creekside Inn, a 38-unit, 65-bed memory care facility in Coeur d’Alene, approximately 30 miles east of Spokane, Wash.
PALM COAST, Fla. — Watercrest Senior Living Group has broken ground on a new Market Street Memory Care Residence in Palm Coast, located approximately midway between Jacksonville and Orlando.
PORTLAND, Ore. — Senior Living Investment Brokerage has arranged the sale of Tabor Crest Memory Care, a 27-unit memory care community in Portland. The price was not disclosed.