HOLDEN, Mass. — Lancaster Pollard Mortgage Co. has arranged a HUD loan totaling $16.2 million to refinance Holden Rehabilitation and Skilled Nursing Center in the Worcester suburb of Holden. The borrower is Oriol Health Care, which build the 123-bed facility
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ATLANTA — Georgia Governor Brian Kemp has signed House Bill 987, adjusting the state laws for assisted living and personal care home residents amid the COVID-19 pandemic. Republican state representatives Sharon Cooper and Brian Strickland co-sponsored the bill. Under the
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MAYWOOD, Ill. — Evergreen Real Estate Group has completed $7 million in renovations to Garden House of Maywood, a 144-unit affordable seniors housing community in the western Chicago suburb of Maywood. Housing and Human Development Corporation (HHDC) acquired the 10-story
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BOCA RATON, Fla. — Fairstead has acquired Gould House, a 101-unit Section 8 housing development for the elderly in Boca Raton. The property is located on the 100+ acre Jewish Federation of South Palm Beach County Campus. While the seller
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KNOXVILLE, Tenn. — Propel Insurance, a leading retail insurance agency and a portfolio company of Flexpoint Ford, has acquired HealthCare Services (HCS), a boutique risk management and insurance consulting firm based in Knoxville. HCS specializes in serving senior care organizations.
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MANHEIM, Pa. — Ziegler has arranged $53 million in financing for Pleasant View Communities, which operates a continuing care retirement community in the South Central Pennsylvania borough of Manheim. Originally built in 1954, the community currently features 152 independent living
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ORANGE CITY, Fla. — ConcordRENTS has scheduled a late summer grand opening for Parc Hill Senior Living Apartments, a $15 million affordable seniors housing community in Orange City. Located approximately 30 miles north of Orlando, Parc City features 88 apartments
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WASHINGTON, D.C. — As the nation continues to wrestle with the COVID-19 pandemic, and with states relaxing restrictions, seniors housing operators are responding with strategies to minimize both COVID-19 transmission risk and the risks of poor health outcomes resulting from
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KAPOLEI, Hawaii — Highridge Costa, in partnership with Honolulu-based Coastal Rim Properties, has completed the first phase of Hale Moena Kupuna, a $130 million affordable seniors and multifamily rental community in Kapolei on the island of Oahu. The first phase
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ANNAPOLIS, Md. — Testing for coronavirus is most prevalent in nursing care and assisted living facilities, with confirmed positive tests highest at nursing care facilities. Residents of independent living facilities, who typically have greater mobility and fewer healthcare challenges, have
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SARASOTA, Fla. — LifeStar Living LLC, a Sarasota-based seniors housing operator, has announced it will officially launch on July 6. Celebrity sports agent David Falk, who represented Michael Jordan and over 100 other players, founded the company. Falk hired Joel
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EVANSTON, ILL. — High Street Residential, a subsidiary of Trammell Crow Co., has completed Avidor Evanston, a 169-unit active adult community in Evanston. The community, reserved for residents 55 years of age or older, offers a mix of one- and
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WESTMINSTER, Md. — Lutheran Social Ministries of Maryland Inc. (LSMMD) has named Anne Kempsell as vice president of sales and marketing. LSMMD is a faith-based organization created in 2018 to serve as the parent organization of continuing care retirement communities
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CUPERTINO, Calif. — The City of Cupertino Planning Commission has approved the development of Westport Cupertino, a seniors housing and multifamily community in Cupertino. KT Urban is developing the property. The mixed-use project has now cleared all required approvals except
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ROME, Ga. — Greenbrier Development has opened the first units at The Spires at Berry College, a continuing care retirement community (CCRC) in Rome. The property, first announced in 2018, is located on the campus of Berry College, a private
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INDIANAPOLIS — Discovery Senior Living has unveiled plans for a multi-million-dollar capital investment and renovation of Discovery Commons at College Park, a 116-unit independent living community located in Indianapolis. The multi-phase project will include interior and exterior improvements. The initial
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HATTIESBURG, Miss. — Claiborne Senior Living has appointed Dan Hutson to the newly created position of vice president of marketing. Hutson brings more than 30 years of marketing and communications experience to the Hattiesburg-based company, which owns and operates independent,
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CHARLOTTE, N.C. — Liberty Senior Living has named Judi Donovan as executive director for The Barclay at SouthPark, a continuing care retirement community (CCRC) currently under construction in Charlotte. Donovan brings 17 years of senior living experience to the role.
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MULVANE, Kan. — Boston Capital has invested in the development of Homestead Senior Residences Mulvane II, a 24-unit affordable seniors housing community in Mulvane, approximately 16 miles southwest of Wichita. The general partner is Homestead Affordable Housing. The property will
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TENNESSEE — Monticello has provided $41 million to refinance two skilled nursing properties totaling 336 beds in Tennessee. The names and specific locations of the properties were not disclosed The borrower is an experienced owner and operator with a current
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KENNETT SQUARE, Pa. — David Jones, Kendal Corp.’s vice president for development, will retire June 26 after 27 years with the organization. Since joining Kendal in 1992, Jones has collaborated with executive directors, affiliate boards of directors and staff throughout
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AUSTIN, Texas — Ziegler, acting as bank placement agent, has arranged $110.9 million in financing for Westminster, a nonprofit continuing care retirement community (CCRC) in West Central Austin. LCS has managed the property since 1981. Located on approximately 9.3 acres,
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MONTGOMERY, Ala. — Legendary Living and Integral Senior Living have unveiled a new strategic partnership to develop multiple best-in-class senior living projects, with the first being Legendary Living Montgomery in East Montgomery. Legendary Living Montgomery will be the second senior
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SPRINGFIELD, Pa. — Tryko Partners has purchased the Harlee Manor and Springfield Commons skilled nursing campus in Springfield, approximately 12 miles west of downtown Philadelphia. Located on more than six acres, the property totals 173 skilled nursing beds and personal
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FRANKLIN, Wis. — New Perspective has opened New Perspective|Franklin, a seniors housing community in the southwestern Milwaukee suburb of Franklin. The property totals 149 units of independent living, assisted living and memory care. “Despite opening during the pandemic, our senior
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SCOTTSDALE, Ariz. — Cadence Living has hired David Haack as chief marketing officer. Haack has over 27 years of experience in sales and marketing in the senior living and healthcare industries. Most recently, he was executive vice president and chief
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MADISON, Ga. — Vitality Living has formed a development partnership with Hillpointe LLC to build Vitality Living Madison, which is currently under construction. Upon full build-out, the project will feature 332 units of seniors housing in Madison, a small city
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