CHARLOTTESVILLE, Va. — Invesque Inc. (TSX: IVQ), an Indiana-based seniors housing owner and developer that trades on the Toronto Stock Exchange, has agreed to acquire Charlottesville-based owner-operator Commonwealth Senior Living.
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WAYNE, Pa. — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has started construction of Anthology of King of Prussia, a 192-unit senior living community in Wayne, approximately 17 miles northwest of Philadelphia.
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BRIGHTON, Mich. — National Health Investors Inc. (NYSE: NHI) has acquired Brighton Manor, a 73-unit assisted living/memory care facility in Brighton, approximately 45 miles northwest of Detroit.
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VIRGINIA and PENNSYLVANIA — Blueprint Healthcare Real Estate Advisors has arranged the sale of 12 skilled nursing properties known as the Envoy Portfolio.
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LADY LAKE, Fla. — SRI Management LLC has opened Village Veranda, a 125-unit assisted living and memory care community in Lady Lake, approximately 50 miles northwest of Orlando.
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NORTH CAROLINA and KENTUCKY — Greystone has provided $71.9 million in financing for the acquisition and refinance of an 874-bed skilled nursing facility portfolio.
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OVERLAND PARK, Kan. — Tutera Senior Living & Healthcare has unveiled plans for a $1.5 million renovation project at The Atriums, a seniors housing community in the Kansas City suburb of Overland Park.
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CHICAGO — Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage-banking subsidiary of Enterprise Community Investment Inc., has hired Richard “Rick” Lynn as senior vice president to lead the company’s new Seniors Housing Group.
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NEW YORK CITY — Monticello Asset Management LLC, a specialized private real estate and asset-based lender, servicer and manager based in New York, has hired F. Donald Kelly III as senior managing director.
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SAN FRANCISCO — A joint venture between Related Cos. and Atria Senior Living, along with funding support from Welltower, has acquired the former KRON-TV headquarters in San Francisco, with plans to convert the property to seniors housing.
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PEMBROKE PINES, Fla. — Housing Trust Group (HTG) and Miami Jewish Health Systems (MJHS) have opened the doors on Douglas Gardens V, an affordable seniors housing community in the Miami suburb of Pembroke Pines.
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NEWPORT, HOT SPRINGS and LITTLE ROCK, Ark. — Strawberry Fields REIT has acquired three skilled nursing facilities located in Arkansas for a total of $14.3 million.
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CALIFORNIA — Harborview Capital Partners, a commercial real estate finance, equity and advisory firm, has arranged a $51.9 million Bridge-to-HUD loan for the acquisition of six skilled nursing facilities across California.
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AUSTIN, Texas — The ITEX Group, in partnership with the Housing Authority City of Austin (HACA), has reopened Pathways at Gaston Place.
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ANNAPOLIS, Md. — Fewer than half (46 perecnt) of America’s middle-income seniors will be able to afford the $60,000 average annual costs of seniors housing and out-of-pocket medical costs in 2029, new research shows. But if the costs were cut,
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HOUSTON — Belmont Village Senior Living, a Houston-based developer, owner and operator of seniors housing, has hired longtime REIT veteran Mercedes Kerr as its new president.
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RANCHO MISSION VIEJO, Calif. — Reata Glen, a continuing care retirement community (CCRC) in Rancho Mission Viejo, will open its doors on May 28.
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CRYSTAL LAKE, Ill. — Skender, as base building and interior construction manager, has broken ground on Residences of Crystal Lake, an independent living community in Crystal Lake, approximately 45 miles northwest of Chicago.
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CONNECTICUT — Carnegie Capital has arranged an $8 million refinancing for a 90-bed skilled nursing facility in Connecticut.
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FREMONT, Calif. — Eden Housing has opened Pauline Weaver Senior Apartments, a 90-unit affordable housing community for seniors in Fremont, located at the southeast edge of San Francisco Bay.
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RIDGELAND, Miss. — SunTrust Banks has served as sole lender of a $37.5 million refinancing for The Orchard, a seniors housing community in Ridgeland, a northern suburb of Jackson.
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URBANA, Ill. — University Rehab Real Estate LLC has acquired Champaign County Nursing Home, a 243-bed skilled nursing facility in Urbana, located south of Chicago and west of Indianapolis.
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ONANCOCK, Va. — Commonwealth Senior Living has acquired Hermitage on the Eastern Shore in Onancock. The price was not disclosed.
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KANSAS CITY, Mo. — GlynnDevins, a marketing firm based in Kansas City, has hired Lisa Legeer as senior vice president of research and healthcare consulting.
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SAYREVILLE, N.J. — AMS Acquisitions LLC, a New York City-based real estate investment firm, has purchased a seniors housing community in Sayreville, just across Raritan Bay from Staten Island, for $13 million.
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CLERMONT, STUART and TAVARES, Fla. — CIT Group’s Healthcare Finance division has served as sole lead arranger for a $64 million loan for three assisted living facilities in Florida.
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WELLINGTON, Fla. — Florida-based senior living and rehabilitation services provider KR Management LLC is the new licensed operator of The Addington at Wellington Green in Wellington.
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