TAMPA, Fla. — Watercrest Senior Living Group has hired Rhonda Coates as executive director of Market Street Memory Care Residence in Tampa.
Memory Care
Valencia Realty Capital Structures $13M in Financing for NHI’s Acquisition of 63-Unit Memory Care Community in New Hampshire
by Jeff Shaw
RYE, N.H. — Valencia Realty Capital has arranged $13 million in financing for National Health Investors (NYSE: NHI). The loan package will be used toward NHI’s acquisition of Evolve at Rye, a 40-unit memory care community in Rye, located along the Atlantic Ocean near the Maine border.
TAMPA and OVIEDO, Fla. — Aztec Group Inc. has arranged $5.1 million in loans to refinance two memory care communities, each totaling 20 units, in Florida. The borrower is a joint venture between Mayan Properties, Facility Investments and National Healthcare Associates.